PT Aksara Global Development, Tbk. is an Indonesia based company which engaged in construction. The Company’s activity includes construction in building, bridge, road, docks, housing, schools, recreational parks, market or modern markets, hospitals and other buildings; consultation service in business and management, property, architecture, landscape, design and interior, civil, property agent, and others; trading, such as export and import, domestic wholesaler; building material and construction tools manufacturer.
PT Aksara Global Development, Tbk. develops quality affordable homes and apartments which caters to Indonesia’s expanding middle-class income families in growing second-tier cities and urban areas. Our vision is to be the ultimate provider of affordable homes in accessible locations in major cities and suburban areas across Indonesia.
The Asia-Pacific is experiencing rapid growth, Indonesia enjoys a stellar investment-grade rating. It has become a favored investment destination with many industries relocating to the periphery of cities like Jakarta.
PT Aksara Global Development, Tbk. is developing its asset-base to focus in developing residential and commercial properties to support this industrial growth. In-city land will see higher density residential properties like mid-range town houses and apartments while peripheral locations (East West of JABODETABEK) will see mid to low cost housing developments The company is thus focused on developing its land, human and capital resources to a professional way to ensure optimal corporate performance.
- Public listed company with over Rp 3.8 trillion market capitalization as of July 2013 and included in Indonesia MSCI Index.
- Land bank over 80Ha in Solo and over 20Ha in the Jabodetabek area.
- Experienced management team to swiftly identify and execute opportunities.
- Established network with real estate consultants and regulators.
PT Aksara Global Development Tbk (GAMA) was established on 18 December 2003 under the name of PT Artha Asia Pratama and started its commercial business activities in 2009.
On December 21, 2010 the Company has changed its name to “PT GADING DEVELOPMENT”.
On June 29, 2012, GAMA obtained an effective statement from Bapepam-LK to conduct an Initial Public Offering of GAMA (IPO) to the community of 4,000,000,000 with a nominal value of Rp100 per share with an offer price of Rp105 per share and accompanied by 2,000. 000,000 Series I Warrants and implementation period from January 11, 2013 to July 16, 2015 with an exercise price of IDR 105 per share. These Shares and Series I Warrants were listed on the Indonesia Stock Exchange (IDX) on July 11, 2012.
On September 21, 2018 PT Gading Development changed the Company’s name to PT Aksara Global Development Tbk.