PT Alam Sutera Realty Tbk (“Company”) was incorporated on November 3, 1993 under the name PT Adhihutama Manunggal by Harjanto Tirtohadiguno and their families that focuses its business activities in the field of property. Company changes its name to PT Alam Sutera Realty Tbk by deed dated 19 September 2007 no. 71 made by Misahardi Wilamarta, SH, notary in Jakarta. At December 18, 2007 the company became a public company with a public offering in Indonesia Stock Exchange.
After more than 19 years since its founding, the Company has became an integrated property developer that focuses its business activities in the construction and management of residential, commercial areas, industrial areas, and also the management of shopping centers, recreation centers and hospitality (mixed used development).
In 1994, the Company began to develop the first project in an integrated area named Alam Sutera is located in Serpong, Tangerang. Development of the first phase of Alam Sutera has been completed, and the Company is currently focusing on the development of the second phase which is focused on the development of a commercial area. Along with the development of the second phase of Alam Sutera, in 2012 the Company also began to market a new cluster Suvarna Padi Golf Estate project, Pasar Kemis, Tangerang and acquisition of severals assets on strategic location in Bali and office tower in Jakarta