PT Bukaka Teknik Utama Tbk (‘BUKAKA’) (‘the Company’), was established on October 25, 1978 based on Notarial deed of H. Bebasa Daeng Lalo, SH, No. 149 and had already obtained approval based on a Decree of the Minister of Justice of the Republic of Indonesia No. Y.A.5/242/7 dated 21 May 1979.

The Company’s Article of Association has underwent several changes, and the latest one was in 2011 in relation to the decline in authorized capital, issued and fully paid-in capital as well as share nominal value. The authorized capital which initially amounted to Rp2,000,000,000,000 was reduced to Rp1,352,000,000,000, consisting of 4,000,000,000 shares. The issued and paid-in capital was also reduced from Rp1,320,226,000,000 to Rp892,472,776,000. The decreasing authorized capital followed the implementation of quasi reorganization by splitting the stock’s nominal value from Rp500 to Rp338 per share. The change of value was legalized in the Act No. 20 dated 15 December 2011 by H. Fedris SH, a Notary, and had received approval from the Minister of Justice and Human Rights of the Republic of Indonesia based on a Decree No. AHU- 08119.AH.01.02 dated 16 February 2012.

Starting the business operation as a small-scale company that ran a motor vehicle workshop, the Company then continued to evolve to be a leading company in infrastructure and metal construction industry.

With our skilled and well trained human resources, the Company has been participating in contributing to the acceleration of national development by producing high quality products and services for strategic sectors, such as energy, transportation and communication. In the meantime, the subsidiaries of the Company, PT Bukaka Mandiri Sejahtera (BMS), which focuses on mining sector, industry, trade, construction and service, and PT Bukaka Energi (BE) that runs the power generation business, also play certain roles in the business development.

The Company’s commitment to present the masterpieces for the nation through strategic partnership with a number of prominent companies, including foreign companies, earned it an ISO 9001 certificate and certificate from American Petroleum Institute (API) for oil and gas related activities in 1995 .

Until today, the Company consistently makes improvements to create an efficient, economic and competitive organization that will enable relentless innovations and achieve prospective opportunities in the future years.

MILESTONES