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20250703_BHIT_Laporan Informasi dan Fakta Material_31911141_lamp2.pdf
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BHIT BOOSTS OWNERSHIP IN KPIG:
BRIGHT FUTURE AHEAD FOR MNC TOURISM
Jakarta, July 3, 2025 - PT MNC Asia Holding Tbk (IDX: BHIT) has officially increased its ownership in PT MNC
Tourism Indonesia Tbk (formerly PT MNC Land Tbk or IDX: KPIG), reinforcing its strong commitment to MNC
Tourism’s strategic transformation and long-term outlook.
Through this transaction, BHIT acquired 4,620,000,000 shares of KPIG, bringing its total ownership to
25,473,847,680 shares, or 26.11% of KPIG’s total outstanding shares. This investment underscores BHIT’s strong
conviction in KPIG’s solid fundamentals and compelling strategic roadmap.
KPIG has rebranded as PT MNC Tourism Indonesia Tbk, adopting a more relevant and dynamic identity to
strengthen its position and brand image as the leading Tourism & Hospitality destination in Southeast Asia.
The bright future ahead for MNC Tourism is supported by a portfolio of strategic and high-quality assets,
including:
MNC Lido City Special Economic Zone (SEZ) covering 1,040 ha in Lido, Bogor. It is the closest Tourism SEZ
to Jakarta , which is being developed into a world-class integrated tourism destination:
− Trump International Golf Club Lido
− Movieland
− Lido Adventure Park
− Lido Music & Arts Center (LMAC)
− Lido Lake Resort and Hyatt Regency Lido Resort (opening soon)
− Under development: amusement park; retail, dining & entertainment (RD&E); and residential
resorts
Assets Located Outside the MNC Lido City SEZ:
− Park Hyatt Jakarta
− The Westin Resort Nusa Dua, Bali and Bali International Convention Centre (BICC)
− MNC Land Bali (a 104-ha prime landbank in Tanah Lot, Tabanan, Bali, with 1,300 meters of
beachfront)
− Oakwood Hotel, Surabaya
− Various other developments in the Tourism & Hospitality sector
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KPIG’s current valuation is still significantly undervalued. With a Price to Book Value (PBV) of only 0.6x,
the market has yet to fully reflect the true value of KPIG’s premium assets and robust business
potential. This presents a strategic opportunity for BHIT to increase its investment while valuations
remain highly attractive. With the potential upside from asset revaluation and a bold rebranding
initiative, KPIG is well-positioned to unlock substantial growth and enhance shareholder value.
- Hary Tanoesoedibjo, President Director of BHIT & Executive Chairman of MNC Group -
For further information, please contact: PT MNC Asia Holding Tbk
Gladys Levina MNC Bank Tower 21/F, MNC Center
gladys.levina@mncgroup.com Jl. Kebon Sirih Kav 21-27, Menteng
ir.bhit@mncgroup.com Central Jakarta 10340, Indonesia
Phone : +6221 2970 9700
www.mncgroup.com
DISCLAIMER
By accepting this Press Release, you agree to be bound by the restrictions set out below. Any failure to comply with these
restrictions may constitute a violation of applicable securities laws.
The information and opinions contained in this Press Release have not been independently verified, and no representation or
warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or
correctness of, the information or opinions contained herein. It is not the intention to provide, and you may not rely on this Press
Release as providing, a complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business
prospects, properties or results of operations of The Company or its subsidiaries. The information and opinions contained in this
Press Release are provided as at the date of this presentation and are subject to change without notice. Neither The Company
(including any of its affiliates, advisors and representatives) nor the underwriters (including any of their respective affiliates,
advisors or representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or
completeness of, or any errors or omissions in, any information or opinions contained herein nor for any loss howsoever arising
from any use of this Press Release.
In addition, the information contained in this Press Release contains projections and forward-looking statements that reflect The
Company's current views with respect to future events and financial performance. These views are based on a number of
estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as
well as various risks and these may change over time and in many cases are outside the control of The Company and its directors.
No assurance can be given that future events will occur, that projections will be achieved, or that The Company's assumptions are
correct. Actual results may differ materially from those forecasts and projected.
This Press Release is not and does not constitute or form part of any offer, invitation or recommendation to purchase or subscribe
for any securities and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or
investment decision in relation thereto.
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