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Express Group (Indonesian Land Transportation)
PT Express Transindo Utama Tbk (doing business under the name Express Group) is a Indonesian ground transportation company headquartered in Jakarta. Until the end of 2021, this company operates 130 taxi units and 40 bus units in Jadetabek (Greater Jakarta). Express Group is also the second largest taxi company in Indonesia after Blue Bird Group. History The company started its history in 1981 as a trading and distribution company under the name "PT Kasih Bhakti Utama". In 1991, this company changed its name to what it is now and shifted its business to land transportation. In 2002, the company started implementing a partnership scheme, in which drivers can operate one unit of the company's vehicle for five to seven years. After that, the vehicle can belong to the driver. In 2010, the company started providing premium taxi services, and in 2012, the company officially listed on the Indonesia Stock Exchange. In 2021, the company is holding a second private placement. Subsidiar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
