Mayapada Group plans to acquire 51% shares of PT Asuransi Permata Nipponkoa. Chairman Mayapada Group Tahir says the corporate action will complete the financial platform. Mayapada Group plans to provide financial services in banks, multifinance, and insurance.
The Mayapada Group is an Indonesian-based conglomerate founded by Tahir in 1986. Tahir started his business as a Suzuki dealer but he failed. He developed his empire with a garment and textile manufacturing business, and PT Bank Mayapada Internasional Tbk. While the garment business is no more, the bank has grown steadily throughout the years.
The bank become a public company at the Jakarta Stock Exchange (Indonesia Stock Exchange) and weathered the 1997 economic crisis and managed to expand even more aggressively after the crisis.
Mayapada Group also expand in The retail industry through partnership with Duty Free Shoppers with shops in Jakarta and Bali. The property industry with office towers Sudirman Tower, Mayapada Tower and Sona Topas Tower, and upcoming development projects in both Jakarta and Bali.
The healthcare industry through acquisition of Honoris Hospital which is now called Mayapada Hospital Tangerang, and upcoming hospital developments.
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