November 28, 2014 7:21 AM ET

Industrial Conglomerates

Company Overview of PT Rajawali Corporation

Company Overview

PT Rajawali Corporation is an industrial conglomerate, which operates in telecommunication, hotel, cement, consumer goods, retail, department store, and transportation businesses in Indonesia. The company has strategic partnerships with Sheraton and Novotel to operate hotel chains in Indonesia; Metro (Private) Limited to operate Metro retail stores in Jakarta and Bandung; and Verizon, AIF, and Mitsui to engage in cellular operations in Indonesia. PT Rajawali Corporation was founded in 1984 and is based in Jakarta, Indonesia.

Jl Mega Kuningan Lot 5.1 Menara Rajawali Lt 27-28

Kuningan Timur

Setia Budi

Jakarta,  12950

Indonesia

Founded in 1984

Phone:

62 21 576 0808

Fax:

62 21 576 1588

Key Executives for PT Rajawali Corporation

Founder and Owner
Age: 61
Chief Corporate Officer
Compensation as of Fiscal Year 2014.

PT Rajawali Corporation Key Developments

PT Rajawali Plans To Launch IPO For PT Archi Indonesia

PT Rajawali Corporation seeks to launch an initial public offering for PT Archi Indonesia by the end of 2014 and expects to raise more than $300 million, said Hoesen, Director of the Indonesia Stock Exchange. PT Rajawali aims to sell 15-20% of its enlarged capital and has PT Danareksa Sekuritas, and two foreign securities firms as underwriters.

Rajawali and Starwood to Debut St. Regis Brand in Downtown Jakarta

Starwood Hotels & Resorts Worldwide Inc. and Rajawali Group announced the groundbreaking of The St. Regis Jakarta in Indonesia's dynamic capital. Set to open in 2016, the all-suite hotel brings the St. Regis brand's enduring legacy of uncompromising luxury and sophisticated service to Jakarta, elevating the city's ultra-luxury hospitality offerings in a mixed-use development. Located in Jakarta's central business district along Jalan Gatot Subroto, near Jakarta's Sudirman Central Business District and the Mega Kuningan area, the integrated 141,000 square meter development encompasses a 124 room hotel, a premium 47-story office tower, and a special food and beverage and retail component. Designed by Pelli Clarke Pelli Architects, who also designed The St. Regis Mexico City, the development joins the architecture firm's distinguished portfolio, which includes some of the tallest buildings and major urban landmarks around the world.

Archipelago Resources PLC, PT Rajawali Corporation - M&A Call

Archipelago Resources PLC, PT Rajawali Corporation - M&A Call

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 29, 2014
PT Fortune Indonesia Tbk
Merger/Acquisition
September 1, 2014
PT. BW Plantation, Tbk
Merger/Acquisition
July 15, 2014
PT Fortune Indonesia Tbk
 

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