2004

Milestone of PT. Satria Mega Kencana Tbk.

Satria Mega Kencana (SMK) is a publicly listed company established on June 16, 2004 under the compliant to the laws and regulations of the Republic of Indonesia. SMK and its subsidiaries emphasize its business activity on investments, which cover the property, hotel and tourism sectors.

2011

Under the leadership of Herman Herry Adranacus, member of the Board of Commissioners and the founder of Satria Mega Kencana

Between 2011 and 2013, SMK succeeded in restructuring and consolidating its assets, leading to the birth of two subsidiaries: PT. Tanjung Karoso Permai dan PT. Dwimukti Mitra Wisata. Now, SMK functions as a holding company that focuses on improving the company’s position as well as its ability to seek opportunities and improve its investment value for its shareholders via these subsidiaries.

As a subsidiary, PT. Dwimukti Mitra Wisata owns a host of hotel properties in leading Indonesian regions, including Jakarta, Bali and East Nusa Tenggara. The hotels owned by PT. Dwimukti Mitra Wisata are branching out the 3-star and 4-star market, operated by leading hotel operating company, Sotis Hospitality Management

With the mission to establish a leading tourism area in Eastern Indonesia, SMK established a subsidiary called PT. Tanjung Karoso Permai in 2013.

This subsidiary develops a land bank for SMK, in hopes of developing it into an integrated area, at Tanjung Karoso village, Southwest Sumba, East Nusa Tenggara (NTT).

2018

2013

To boost SMK’s commitment to achieving its vision and mission,

SMK successfully entered the Indonesian Stock Exchange in December 2018. As it progresses, the company will continue to carry out its mission to establish an integrated tourism industry in Indonesia and boost investment value for its shareholders.