As a business builder, Provident has decades of experience and a strong reputation for building value, attracting blue chip international institutional investors and high-quality banks.
Provident prides itself on its wide network of investment, financing and operating partners.
Provident investee companies have outstanding reputations with a commitment to high quality management, corporate governance and high ESG standards.
As a privately held conglomerate, Provident has no requirement to divest. Provident invests and builds companies with a long-term outlook.
A Brief History
Since 2004, the founding partners have been responsible for the establishment of Tower Bersama, and Merdeka Copper Gold, creating two wholly separate businesses with a combined value in excess of US$12.5 billion.
Provident continues to actively manage these businesses.
Provident has also either founded or invested in a variety of other businesses including:
United Towers (a tower company based in China) - Founded by Provident
Provident Growth (a Southeast Asian tech fund) - Founded by Provident
Provident Biofuels (a biomass company) - Founded by Provident
Provident Agro (a mining investor) - Founded by Provident
Thompson Robbins (an airport ground support equipment provider)
Timeline of Major Milestones
Provident Capital Partners Founded.
Tower Bersama Group Founded.
Provident Agro Founded.
Tower Bersama Group Listed.
Provident Biofuels Founded.
United Towers Founded.
Merdeka Copper Gold Founded.
Merdeka Copper Gold Listed.
Provident Growth Fund Founded.
Provident takes ownership stake in gojek.
Provident Acquisition Corp (SPAC) Listed.
Bersama Digital Infrastructure Asia Founded.
Merdeka Battery Materials Listed.