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Our Portfolio
Provident has built businesses across a variety of industries, including telecommunications, infrastructure, technology, mining, biomass, plantations and oil & gas.
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Mega Manunggal Property - Acquisition of JV Partner’s Stake
In March, Mega Manunggal Property ("MMLP") acquired GIC’s 45% stake in MKP for a purchase price of IDR1,743m (c.USD118m). As a result,...
Apr 1, 2023


Provident Investasi Bersama - IDR750 billion bond issue
PT Provident Investasi Bersama Tbk (“Provident Investasi”), Provident’s investment holding company, has successfully issued its first...
Mar 28, 2023


Merdeka - Announced third quarter 2022 financial performance
PT Merdeka Copper Gold Tbk ("MDKA") has released its financial performance for the nine months ended September 30, 2022. During the...
Dec 16, 2022


Tower Bersama - Announced its third quarter 2022 financial performance
PT Tower Bersama Infrastructure, Tbk. ("TBIG") today released its interim financial statements for the nine months ended 30 September...
Nov 22, 2022


Merdeka - Announced first half 2022 financial performance
PT Merdeka Copper Gold Tbk ("MDKA") has released its financial performance for the six months ended June 30, 2022. During the six-month...
Sep 12, 2022


Tower Bersama - Announced its first half 2022 financial performance
PT Tower Bersama Infrastructure, Tbk. ("TBIG") today released its interim financial statements for the six months ended 30 June 2022....
Sep 12, 2022


Bersama Digital Infrastructure Asia - investment into a towerco in the Philippines
Bersama Digital Infrastructure Asia Pte. Ltd. has agreed to subscribe for 51 per cent of the shares of Alliance Towers Corporation, to...
Jul 15, 2022


Tower Bersama - Announced its first quarter 2022 financial performance
PT Tower Bersama Infrastructure, Tbk. ("TBIG") today released its interim financial statements for the three months ended 31 March 2022....
May 25, 2022


Merdeka - Pre-emptive rights issue, IDR2 trillion bond issue, US$300 million HLN loan agreement
PT Merdeka Copper Gold Tbk announced that it has successfully completed its pre-emptive rights issue and Rupiah Bond Issuance, raising...
May 19, 2022


Merdeka - Major investments in new and existing RKEF smelters
PT Hamparan Logistik Nusantara ("HLN"), Merdeka’s new indirectly controlled subsidiary, has successfully increased its indirect stake in...
May 19, 2022


Merdeka - Announced first quarter 2022 financial performance
PT Merdeka Copper Gold Tbk ("MDKA") has released its financial performance for the three months ended March 31, 2022. During the...
May 17, 2022


GoTo IPO - Debut on the Jakarta Stock Exchange
GoTo had its market debut on Monday, raising USD1.1 billion. The initial public offering is the world's fifth-largest this year. Read...
Apr 11, 2022


Merdeka - Major acquisition in the nickel mining and refining sectors
PT Merdeka Copper Gold Tbk ("MDKA") has announced that it will invest USD374 million into PT Hamparan Logistik Nusantara ("HLN"). HLN...
Mar 28, 2022


Tower Bersama - Announced full year 2021 financial performance
PT Tower Bersama Infrastructure, Tbk. ("TBIG") today released its audited financial statements for the year ended 31 December 2021. For...
Mar 21, 2022


Provident Acquisition Corp. - Perfect Merger
Perfect Corp., an Asian startup that provides software to beauty and fashion companies, has agreed a deal to go public by merging with...
Mar 16, 2022


Merdeka - Announced full year 2021 financial performance
PT Merdeka Copper Gold Tbk ("MDKA") has released its financial statements for the full year ended 31 December 2021. During the year, MKDA...
Feb 23, 2022


Merdeka - Acquired majority interest in Pani Gold Project
PT Merdeka Copper Gold Tbk ("MDKA") invested USD80.16 million to subscribe for a 50.1% interest in PT Andalan Bersama Investama...
Dec 30, 2021


Merdeka - Announced strategic partnership with BRUNP CATL
PT Merdeka Copper Gold Tbk ("MDKA") made an OJK announcement in relation to a proposed capital increase with pre-emptive rights issuance...
Dec 21, 2021


Tower Bersama - Announced third quarter 2021 financial performance
PT Tower Bersama Infrastructure, Tbk. ("TBIG") today released its interim financial statements for the nine months period ended 30...
Dec 8, 2021


Merdeka - Announced third quarter 2021 financial performance
PT Merdeka Copper Gold Tbk ("MDKA") has released its interim financial statements for the nine months ended 30 September 2021. During the...
Nov 30, 2021
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