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Para Group
CT Corp (formerly known as Para Group) is one of Indonesia's largest diversified group of companies. The group was founded by Chairul Tanjung in 1987. CT Corp operates consumer-centric businesses nationwide across four key divisions: financial services, media, retail, and property / entertainment. History Early History CT Corp started out as a small children's shoes export business with capital of Rp 150 million, which Chairul Tanjung obtained from Bank Mandiri, Bank Exim. Financial Services In 1996, CT Corp acquired Mega Bank and changed its name to Bank Mega. CT Corp also took over Bank Mega Syariah, Bank Tugu and changed its name to Bank Mega Syariah. After several years, Bank Mega then listed in the Indonesia Stock Exchange on 28 March 2001 for Rp. 1,125 per share. Since then, Bank Mega has continued to be CT Corp's largest cash flow generator. CT Corp's financial services arm continues to grow. It launched one of Indonesia's largest digital bank, Allo Bank (IDX: BBHI) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |