Profile
Jasa Marga Tbk
To support the economic growth, Indonesia needs reliable road network. Based on Government Regulation No. 04 of 1978, the Government established PT Jasa Marga (Persero) Tbk. on 01 March 1978 with the main task to plan, build, operate and maintain toll roads along with the facilities so that toll roads are able to function as highway providing more benefits compared to the non-toll roads.
At an earlier stage of its establishment, besides functioning as operator, the Company also had the responsibility of toll road authority in the country. Until 1987, Jasa Marga was the only toll road operator in Indonesia and its development is financed by the Government with fund deriving from foreign loan and the issuance of Jasa Marga bonds. As the country’s first toll road operated by the Company, Jagorawi (Jakarta-Bogor-Ciawi) Toll Road that is operated since 1978 serves as the milestone in the development of toll road industry in Indonesia.
At the end of the 80s, the Government of Indonesia began to include private sectors to participate in toll road development through the Build, Operate and Transfer (BOT) mechanism. In the 90s, the Company’s role is more on the authority, facilitating private investors most of whom failed to realize their project. The toll roads that were taken over by the Company include JORR and Cipularang.
The issuance of Law No. 38 of 2004 on Road replacing Law No. 13 of 1980, along with the issuance of Government Regulation No. 15 giving more specific regulations on toll roads have brought changes in toll road business mechanism, which among others include the forming of the Indonesian Toll Road Authority (Badan Pengatur Jalan Tol – BPJT) as the regulator of toll road industry in Indonesia, as well as the decision of toll tariff by the Minister of Public Works along with the adjustment every two years. Therefore, the authorization function is given back from the Company to the Government. Consequently, the Company fully functions as a toll road operator and developer that requires concession license from the Government.
| Security Code | : | JSMR |
| Office Address | : | Plaza Tol Taman Mini Indonesia Indah Jakarta 13550 |
| Mail Address | : | jasmar@jasamarga.com |
| Phone | : | 021 - 8413630 021 - 8413526 |
| Fax | : | 021 - 8413540 |
| NPWP | : | 01.001.675.6-051.000 |
| NPKP | : | - |
| Website | : | www.jasmarga.com |
| Listing Date | : | 12-Nov-2007 |
| Board | : | Primary |
| Main Bussiness | : | Transportation Services |
| Sector | : | INFRASTRUCTURE, UTILITIES AND TRANSPORTATION |
| Sub Sector | : | TOLL ROAD, AIRPORT, HARBOR AND ALLIED PRODUCTS |
| Stock Administration Berrau | : | PT Raya Saham Registra |
Subsidiary
| Name of Subsidiary | Line of Business | Total Asset | Percentage |
|---|---|---|---|
| PT Jalantol Lingkarluar Jakarta (JLJ) | Pengusahaan Jalan Tol Lingkar Luar Jakarta | 55903713000 | 99 % |
| PT Marga Sarana Jabar (MSJ) | Pengusahaan Jalan Tol Bogor Outer Ring Road | 475374777000 | 55 % |
| PT Trans Marga Jateng (TMJ) | Pengusahaan Jalan Tol Semarang-Solo | 2405596067000 | 60 % |
| PT Marga Trans Nusantara (MTN) | Pengusahaan Jalan Tol Kunciran-Serpong | 117868983000 | 60 % |
| PT Marga Nujyasumo Agung (MNA) | Pengusahaan Jalan Tol Surabaya-Mojokerto | 1279393329000 | 55 % |
| PT Marga Lingkar Jakarta (MLJ) | Pengusahaan Jalan Tol JORR W2 Utara | 975082356000 | 65 % |
| PT Trans Marga Jatim Pasuruan (TMJP) | Pengusahaan Jalan Tol Gempol-Pasuruan | 169547129000 | 80 % |
| PT Marga Kunciran Cengkareng (MKC) | Pengusahaan Jalan Tol Cengkareng-Kunciran | 115937435000 | 75 % |
| PT Sarana Marga Utama (SMU) | Pemeliharaan Jalan Tol | 46742785000 | 99 % |
| PT Margabumi Adhikaraya (MAR) | Pengusahaan Jalan Tol Gempol-Pandaan | 328534489000 | 52.05 % |
| PT Margabumi Adhikaraya (MAR) | Pengusahaan Jalan Tol Gempol-Pandaan | 328534489000 | 52.05 % |
| PT Jasamarga Bali Tol (JBT) | Pengusahaan Jalan Tol Nusa Dua-Ngurah Rai-Benoa | 684607122000 | 60 % |
Ownership
Shareholders
| Shareholders Name | Shareholders Type | Number of Share | Percentage |
|---|---|---|---|
| Republic of Indonesia | More Than 5 % - Controlling Shareholder | 4760000000 | 70 % |
| Prof. Dr. Akhmad Syakhroza | Director and Commissioner | 197000 | 0.0029 % |
| Ir. Frans S. Sunito | Director and Commissioner | 266000 | 0.0039 % |
| Ir. Abdul Hadi Hs, MM | Director and Commissioner | 260500 | 0.0038 % |
| Ir. Firmansjah C E S | Director and Commissioner | 182500 | 0.0027 % |
| Drs. Gembong Priyono, | Director and Commissioner | 219000 | 0.0032 % |
| Ir.Sumaryanto Widayatin ,MSCE. | Director and Commissioner | 197000 | 0.0029 % |
| Ir. Adityawarman | Director and Commissioner | 134500 | 0.002 % |
| Ir. Reynaldi Hermansjah | Director and Commissioner | 489000 | 0.0072 % |
| Public | Less Than 5% | 2040000000 | 30 % |
Key Executive
Director :
| Director’s Name | Director’s Position | Independent |
|---|---|---|
| Ir. Adityawarman | President Director | No |
| Ir. Abdul Hadi Hs., MM. | Director | No |
| Ir. Muh Najib Fauzan, MSc. | Director | No |
| Ir. Hasanudin, M.Eng.Sc. | Director | No |
| Ir. Reynaldi Hermansjah | Director | No |
Commissioners :
| Commissioner’s Name | Commissioner’s Position | Independent |
|---|---|---|
| Ir. Agoes Widjanarko, MIP | President Commissioner | No |
| Prof. DR. Akhmad Syakhroza | Commissioner | No |
| Irjen. Polisi (Purn.) Drs. Michael Dendron Primant | Commissioner | Yes |
| Ibnu Purna Muchtar, SE., MA. | Commissioner | No |
| Mayjen. (Purn.) Samsoedin | Commissioner | Yes |
| DR. Joyo Winoto | Commissioner | No |
