PT Bosowa Corporation

Founded initially as a trading company by the name of CV Moneter on 22 February 1973, by HM Aksa Mahmud in Makassar,South Sulawesi, the company earned its first major breakthrough in 1978 by being appointed the exclusive sales distributorship of a highly popular Japanese car make at the time, Datsun. In that same year, CV Moneter was incorporated into a limited liability company, under the name of PT Moneter Motor.

In October 1980, PT Moneter Motor won similar exclusive rights to market and distribute the car makes of Mitsubishi Motors for the Eastern Indonesia Region. In that same year, PT Moneter Motor changed its name to PT Bosowa Berlian Motor, which marked a milestone in the beginning of the development of Bosowa Corporation.

In line with the Company’s robust growth since 1980, Bosowa Corporation slowly but surely expanded to other business lines in addition to automotive, including cement, infrastructure, financial services, property, power generation and agribusiness. Currently, Bosowa Corporation has become the largest corporation in Eastern Indonesia Region with total assets of US$550 million in 2009.