CT Corp

CT Corp (formerly known as Para Group) is an Indonesian group of companies owned by Chairul Tanjung, established in 1987. The use of "CT" on some company names stands for his initials.

"Para Group" redirects here. Not to be confused with Paragroup.
Not to be confused with CT Corporation.
PT CT Corpora
CT Corp
FormerlyPara Group (1987–2011)
TypePrivate
IndustryConglomerate
PredecessorsPariarti Shindutama
Founded1987 (1987)
FounderChairul Tanjung
HeadquartersJakarta, Indonesia
Key people
Chairul Tanjung (Chairman)
Chairal Tanjung (Director)
ProductsFinancial
Media
Natural resources
Foundation
OwnerChairul Tanjung
SubsidiariesBank Mega
Trans Media
Trans Fashion
Trans F&B
Trans Retail
Trans Entertainment
Trans Property
CT Agro
Websitectcorpora.com

History

Initially this group established a children's shoes export business with a capital of Rp 150 million, which he obtained from Bank Exim. In 1996, CT Corp acquired Mega Bank and changed its name to Bank Mega. Then this group developed its business through the shop complex Bandung Supermall. In less favorable conditions, CT Corp took over Bank Tugu and changed its name to Bank Mega Syariah.

After several years, Bank Mega slowly improved. 28 March 2001, this bank succeeded in listing initial shares on the Jakarta Stock Exchange for Rp. 1,125 per share. Two years later, Bank Mega became the biggest source of funding for CT Corp with its contribution of around 40 percent.

Media

The contribution of Trans TV is also not small. At least Trans TV has experienced a "break point by operation event" in the second year, which is about May 2003. The turning point of Trans TV's success took place since the first quarter 2002. According to the Nielsen Media Research survey, at that time Trans TV was ranked fifth as the highest number of adverts from 10 television stations, namely Rp 149.2 billion.

Armed with performance success, and pegged to number two at the end of 2005, Trans TV through its parent company Trans Corp in June 2006 made an MoU to buy part of TV7 shares held Kompas Gramedia Group, and changed the name and identity of TV7 company to Trans7.

Relationship

The Group also has good relations with Anthoni Salim. Salim Group had been indebted when Para Group helped save Bank Central Asia, which was then hit by a financial crisis. With the Salim Group, Para Group partners in working on projects in Batam and Singapore. With Sinar Mas Group, Para Group also partners in the Mega Life life insurance company.

In Singapore, Para Group acquired a public company called Asia Medic, which is engaged in health care. Besides that, Para Group created a joint venture company called Gladifora. Whereas in Batam, (in collaboration with Arsikon) Para Group created a joint venture in the property sector, and has obtained a concession of around 300 hectares in a strategic location. The plan on this land will be built entertainment and residential centers. The housing is Coastarina.

Corporate identity changes

On 1 December 2011, Chairul Tanjung inaugurated the Para Group change to CT Corp. CT Corp consists of three sub holding companies: Mega Corp, Trans Corp, and CT Global Resources which include financial services, media, retail, lifestyle, entertainment, and natural resources.[1] Changing the name of this company also coincides with changes in the company's identity and logo. According to Chairul Tanjung, because it has been 30 years, there must be a transformation.

Corporate governance

As of April 30, 2021, CT Corp ownership is as follows:

Business units
  • PT Mega Corpora (Mega Corp)
    • PT Bank Mega Tbk
    • PT Bank Allo Indonesia Tbk (Allo Bank)
    • PT Bank Syariah Mega Indonesia (Bank Mega Syariah)
    • PT Asuransi Jiwa Mega Indonesia (PFI Mega Life)
    • PT Asuransi Umum Mega (Mega Insurance)
    • Mega Capital Sekuritas
    • PT Mega Asset Management (Mega Asset)
    • PT Mega Capital Investama (Mega Investama)
    • PT Mega Finance
    • PT Mega Auto Finance
    • PT Mega Central Finance
  • PT Trans Media Corpora (Trans Media)
    • PT Televisi Transformasi Indonesia (Trans TV)
    • PT Duta Visual Nusantara Tivi Tujuh (Trans7)
    • PT Trans News Corpora (CNN Indonesia, CNNIndonesia.com)
    • PT Trans Berita Bisnis (CNBC Indonesia, CNBCIndonesia.com)
    • PT Trans Digital Media (detik Network)
      • PT Agranet Multicitra Siberkom (detik.com)
      • HaiBunda.com
      • Insertlive.com
      • beautynesia
      • PT Daily Dinamika Kreasi (Female Daily)
      • Mommies Daily
      • Girls Beyond
      • CXO Media
    • PT Indonusa Telemedia (Transvision)[2]
    • PT Trans Rekan Media
    • PT Trans Entertainment
    • PT Trans Event Produksi (Trans Event)
  • PT Trans Corpora (Trans Corp)
    • PT Trans Fashion International (Trans Fashion)
    • PT Trans Food & Beverage (Trans F&B)
    • PT Trans Retail Indonesia (Trans Retail)
      • Carrefour
      • Transmart
      • PT Multi Citra Abadi (Multimart)
      • Groserindo
      • Electronic Pro
      • Trans Hello!
      • PT Trans Living Indonesia (Trans Living)
      • Transmart Hardware
      • Okidoki
      • Breadshop
      • Spord
      • Seen
    • PT Trans Entertainment
      • PT Trans Rekreasindo (KidCity)
      • PT Trans Ritel Properti (Trans Studio Mini)
  • PT Trans Property Indonesia (Trans Property)
    • Trans Park
      • PT Trans Cibubur Property (Trans Park Cibubur)
      • Trans Park Bintaro
      • Trans Park Juanda
      • Trans Park Lampung
      • Trans Park Kupang
      • The Trans Icon
      • Trans Park Jember
    • PT Trans Studio
    • Trans Snow World
      • Trans Snow World Bintaro
      • Trans Snow World Bekasi
    • Trans Studio Ski World
    • PT Trans Mall Property (Trans Shopping Mall)
      • PT Para Bandung Propertindo (Trans Studio Mall Bandung)
      • PT Trans Kalla Makassar (Trans Studio Mall Makassar)
      • PT Para Bali Propertindo (Trans Studio Mall Bali)
      • PT Mega Indah Propertindo (Trans Studio Mall Cibubur)
      • Trans Park Mall Bintaro
      • PT Batam Indah Investindo (Trans Park Mall Juanda Bekasi)
      • Trans Park Mall Jember
    • PT Trans Hotel Internasional Indonesia (Trans Hotel)
      • The Trans Luxury Hotel
      • Ibis Bandung Trans Studio Hotel
      • Aston Tanjung Pinang Hotel & Conference Center
      • The Trans Resort Bali
      • Four Star
      • Fashion Hotel Legian
    • Trans City
    • Gedung Trans Media
    • Gedung Transvision
    • Menara Bank Mega
    • Menara Bank Mega Kuningan
    • Menara Bank Mega Bandung
    • Menara Bank Mega Semarang
    • Menara Bank Mega Makassar
    • Menara Mega Syariah
    • Wisma Trans Lifestyle
    • Graha Trans Coffee
    • Masjid Agung Trans Studio Bandung
  • PT CT Agro Indonesia (CT Agro)
    • PT Kaltim CT Agro
    • PT Arah Tumata
    • PT Wahana Kutai Kencana
  • AntaVaya Group
    • PT AntaVaya Corporate Travel (AntaVaya)
    • PT Malqanida Firdaus (Anta Umroh)
    • PT Vaya Micetama Servindo (Pergi.com)
  • PT CT Corp Infrastruktur Indonesia
  • PT CT Corp Digital Indonesia (CT Corp Digital)
  • CT Arsa Foundation
    • Duta Bangsa
    • SMA Unggulan CT Arsa Foundation Medan
    • SMA Unggulan CT Arsa Foundation Sukoharjo
    • LSPR Trans Park Juanda Bekasi
    • Yayasan Mitra Netra
    • Butik ARSA

References
  1. Artikel: "30 Tahun Berbisnis, Chairul Tanjung 'Resmikan' CT Corp" di detik.com
  2. "Artikel: Chairul Tanjung ambil alih TelkomVision". Archived from the original on 2014-10-30. Retrieved 2017-12-04.
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