- Business
- PT Indonesia Pondasi Raya Tbk (IDPR.JK) engages primarily in foundation construction, specializing in piling, retaining walls, and ground improvement services across Indonesia. The company offers comprehensive foundation solutions for buildings and infrastructure projects including housings, houses of worship, hospitals, skyscrapers, roads, bridges, underpasses, dams, airports, and container terminals; pile testing services encompassing comprehensive, tension, integrity, and lateral tests; additional foundation works such as soil nailing, shotcrete, slurry walls, ground anchors, kingposts, bar couplers, dewatering, and excavation; precast concrete walls and mounting piles; and operates concrete batching plants alongside machinery rentals for piling and related activities. It operates through segments including foundation construction, retaining wall construction, structure improvement, piling sales, and precast walls, serving clients nationwide with projects like Jakarta International Container Terminal in Tanjung Priok, Tanah Abang Underpass, Mayapada Hospital Surabaya, Terminal Terpadu Kota Depok, and Mall Indramayu; subsidiaries PT Rekagunatek Persada manufactures precast concrete products, while PT Gema Bahana Utama handles general construction. Founded in 1977 by Ir. Yang Suryahimsa and headquartered at Jl. Pegangsaan Dua KM 4.5, Kelapa Gading, North Jakarta, the company listed on the Indonesia Stock Exchange in 2015 and employs over 1,000 personnel with advanced equipment for timely project delivery. Recent developments include announcements in June 2025 for the 2025 dividend schedule and procedures, summary minutes from the Annual and Extraordinary General Meetings of Shareholders, and invitations for those meetings, alongside a 2.59% dividend yield with the latest annual payout of IDR 5.00 per share; no major acquisitions, partnerships, or strategic shifts reported in the past 1-2 years.