PT Ristia Bintang Mahkotasejati Tbk PT Ristia Bintang Mahkotasejati Tbk is an Indonesia-based real estate developer and contractor focused on middle-income housing projects, mixed-use developments, and hospitality operations. The company develops and constructs residential complexes including Bintang Metropole in Bekasi, Mahkota Simprug in Tangerang, and Saung Riung in Karawang; FLPP-subsidized affordable housing targeted at middle-class buyers, particularly in the Karawang area through ongoing landbank expansion; mixed-use transit-oriented developments featuring apartments, shops, offices, hotels, schools, and hospitals via its association with PT Nusantara Almazia in Tangerang; and hotel and resort properties such as the Le Méridien Bali Jimbaran, managed by Marriott International since its 2013 opening. Its subsidiaries, including PT Bhaskara Mutu Sentosa, PT Alam Indah Selaras, PT Tiara Raya Bali International, PT Manggala Citra Abadi, and PT Tiara Hotel Bali Indonesia, support property development, contracting, and hospitality activities across these segments. Founded in 1985 with commercial operations starting in 1994 and listing on the Indonesia Stock Exchange in December 1997, the company is headquartered in Gedung Ribens Autocars, Jl. RS. Fatmawati No. 188, South Jakarta, Indonesia, and primarily serves domestic markets in Java and Bali. Recent developments include a September 2025 hotel management agreement between subsidiary PT Tiara Hotel Bali Indonesia and IHG Hotels & Resorts for Hotel Indigo Ubud; continued emphasis on FLPP housing projects and land acquisitions in Karawang; and advancement of mixed-use transit-oriented developments to enhance operational performance in real estate and hospitality.