PT Tunas Ridean Tbk
TURI.JK
Indonesia Stock Exchange1,560.00
IDR
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PT Tunas Ridean Tbk
TURI.JK
(Indonesia Stock Exchange)
Recent
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1,560.00
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div
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ROIC.AI
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- Business
- PT Tunas Ridean Tbk (Tunas Group) operates as an Indonesia-based automotive dealership, distributor and trader of new and used motor vehicles; it serves as authorized dealer for Toyota, Daihatsu, BMW, Isuzu, Peugeot, Renault cars in Jakarta and surrounding regions as well as Honda motorcycles in Lampung; through subsidiaries, the Company provides vehicle rental services via Tunas Rent, financial and consumer financing services via PT Tunas Financindo Corporation, after-sales services including spare parts and accessories, driver provision, cleaning and auction services; founded in 1967 as Tunas Indonesia Motor and restructured under PT Tunas Ridean in 1980, Tunas Group maintains headquarters at Jl. Raya Pasar Minggu No. 7, Jakarta, Indonesia, with 157 branches nationwide and operations focused on Indonesia. The Company operates across three main segments including Automotive contributing the majority of revenue, Rental Services and Financial Services; major shareholders comprise Jardine Cycle & Carriage Ltd at 46.24%, PT Primary Mainstay Tunas at 44.53% and public at 9.23%; it employs approximately 2,969 staff and emphasizes innovation in customer experience per its I-CARE core values of integrity, proactivity, entrepreneurship, customer focus and respect. Recent developments include a March 2025 Extraordinary General Meeting of Shareholders (RUPSLB) addressing key agenda items, grand opening of Tunas Academy training facility in February 2025, brand cooperation and agreement signing between Tunas Rent and Hertz in August 2022, alongside ongoing corporate social responsibility initiatives such as Tunas Care education programs, disaster relief and infrastructure donations.[web:blog]