Overview

 

PT Sinar Mas Multiartha Tbk was established in 1982 under the name of PT Internas Arta Leasing Company. The objective of the Company when it was first established was to carry out commercial business activities in the areas of finance leasing, factoring and consumer financing based on the license of the Minister of Finance of the Republic of Indonesia through letter No. 300 / KMK.013 / 1990 dated 3 March 1990. In line with Extraordinary GMS resolution on 1 May 1989, the company changed its name from PT Internas Arta Leasing Company to PT Internas Arta Finance Company.

In 1995, based on Extraordinary GMS resolution in 1995, the Company changed its name to PT Sinar Mas Multiartha. This name change was followed by change of business status to a public company after obtaining an effective statement from the Chairman of the Capital Market Supervisory Agency (now the Financial Services Authority/OJK) under Decree No. 5759/PM/1995 dated 14 June 1995 to list its shares on the Jakarta Stock Exchange and Surabaya Stock Exchange (now the Indonesia Stock Exchange/IDX) on 5 July 1995. At present, the Company's share is listed on the IDX under share code SMMA.

Furthermore, based on Extraordinary GMS resolution dated 30 May 1996, the Company expanded its line of business to trade, industry, transportation, real estate, and services. The changes in this line of business which is followed by the changes in the Articles of Association is made based on the Company Regulation No. 1 of 1995 concerning Limited Liability Companies.

Until present, the Company's decision to expand its business sector has produced a very significant development. The Company, through its business groups, continues to progress and develop very rapidly through providing integrated financial services, including insurance, multifinance, banking, securities, fintech, and other services. The Company is committed to be a leading financial institution in the present and future time by providing world class excellence in all areas of services offered.