- Business
- PT Singaraja Putra Tbk (SINI.JK) operates as an Indonesia-based holding company primarily engaged in short-term accommodation services and wood processing; it manages Imperial Singaraja, a modern hostel in Lippo Cikarang offering Singaraja Suite rooms with jacuzzi, Spatel Suite rooms with jacuzzi, and Spatel Rooms with hot showers; through subsidiary PT Interkayu Nusantara, acquired in 2018 and located in Curug, Tangerang, the company processes wood mainly for housing furniture; additional segments include coal sales via PT Pasir Bara Prima, wood trading, management consulting, and coal mining services; products export to the Netherlands, Belgium, France, the United States, Canada, Australia, the United Kingdom, Korea, Spain, New Zealand, and the Maldives. The company, founded in 2005 and headquartered at Jl. Galeria Singaraja Blok C 16-17, Lippo Cikarang, Bekasi, West Java, Indonesia, targets industrial workers, business travelers, and international buyers in the industrials sector, with operations centered in Indonesia. Recent developments include a July 2024 amendment and extension of a mining services contract between PT Petrosea Tbk and PT Pasir Bara Prima; an August 2024 mining services agreement with PT Petrosea Tbk; and a July 2024 acquisition of a 9% stake by Hapsoro totaling 43.29 million shares.