MNC Asia Holding Business Structure and Ownership

MNC Asia Holding is a holding company that oversees various business operations across Asia. It has a complex business structure that involves multiple subsidiaries and affiliates.

MNC Asia Holding is a subsidiary of MNC Group, a leading Indonesian conglomerate. The company is headquartered in Jakarta, Indonesia.

MNC Asia Holding's business operations span across various industries, including media, entertainment, and education. Its subsidiaries and affiliates operate in multiple countries across the region.

The company's ownership structure is dominated by MNC Group, with the majority of shares held by the group's chairman, Hary Tanoesoedibjo.

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MNC Asia Holding's financial performance is a key indicator of the company's success.

The company's sales in Indonesia have shown a steady increase over the years, from 14,795 billion IDR in 2020 to 16,743 billion IDR in 2021, and then to 18,084 billion IDR in 2022.

However, in 2023, the sales in Indonesia declined to 15,661 billion IDR.

Let's take a closer look at the sales figures in Indonesia for MNC Asia Holding:

MNC Asia Holding has a strong leadership team with two CEOs, Angela Herliani Tanoesoedibjo and Hary Iswanto Tanoesoedibjo, who have been with the company since 2024 and 2009 respectively.

Angela Herliani Tanoesoedibjo is the younger CEO at 38 years old, taking over the role in 2024. Hary Iswanto Tanoesoedibjo, on the other hand, has been with the company for over 14 years, starting in 2009.

The company's Director of Finance, Juliana Salim, has been in her role since 2016, bringing a wealth of experience to the team. Gladys Levina and Henry Suparman serve as Investor Relations Contacts, with Henry being 52 years old and having been with the company since 2006.

The Executive Committee of PT MNC Asia Holding Tbk is led by Angela Herliani Tanoesoedibjo, who has been the CEO since October 20, 2024, at the age of 38.

Angela is not the only CEO, as Hary Iswanto Tanoesoedibjo has been holding the same title since June 18, 2009, at the age of 60. This suggests a leadership structure that values experience and continuity.

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The committee also includes other key members such as Juliana Salim, who serves as the Director of Finance/CFO since March 31, 2016. Gladys Levina and Henry Suparman are also part of the committee, with Henry being the Investor Relations Contact since 2006, at the age of 52.

Here is a list of the Executive Committee members:

The Board Composition of PT MNC Asia Holding Tbk is made up of experienced individuals with diverse backgrounds.

Liliana Tanaja Tanoesoedibjo has been a Director/Board Member since June 30, 2022, at the age of 58.

Darma Putra Wati also serves as a Director/Board Member, taking on the role on July 27, 2022, at 59 years old.

Valencia Herliani Tanoesoedibjo is the youngest member of the board, appointed on December 31, 2021, at 32 years young.

Ricky Herbert Parulian Sitohang brings a wealth of experience to the table, having been a Director/Board Member since June 26, 2018, at 67 years old.

Here's a brief rundown of the board members:

MNC Asia Holding has a diverse ownership structure, with various shareholders holding significant stakes in the company.

The largest shareholder is PT MNC Asia Holding Tbk, holding 27.29% of the company's equities. This is followed by the Tanoesoedibjo Family, who own 15.38% of the company.

The company's ownership is also fragmented, with a significant portion held by public shareholders, accounting for 64.42% of the company's ownership.

Here is a breakdown of the company's top shareholders:

The company's subsidiaries also hold significant stakes in MNC Asia Holding, with PT Global Mediacom Tbk owning 45.75% and PT MNC Kapital Indonesia Tbk owning 50.48% of the company's shares.

MNC Asia Holding's broadcasting segment has seen a decline in revenue over the years, with a 5-year change of -46.4% from 2020 to 2024.

The company's advertising and content revenue has been relatively stable, with a 5-year change of +3.5% from 2020 to 2024, reaching 8,549B in 2024.

Here is a breakdown of the company's broadcasting segment revenue over the years:

The decline in revenue is likely due to the shift in consumer behavior and the rise of digital media, which has reduced the demand for traditional broadcasting services.

The broadcasting industry has seen its fair share of changes over the years. PT MNC Asia Holding Tbk has reported a 5-day change of +8.82% in its stock value as of September 15, 2025.

Its broadcasting segment has been steadily declining, with a 5-year change from 3,868B to 1,678B in revenue. The segment's revenue has been decreasing since 2021.

PT MNC Asia Holding Tbk's broadcasting segment has been affected by the decline in pay TV and broadband services. The segment's revenue has decreased from 3,767B in 2021 to 1,678B in 2024.

Here's a breakdown of PT MNC Asia Holding Tbk's broadcasting segment revenue over the years:

PT MNC Asia Holding Tbk is the parent company of several notable holdings. PT MNC TOURISM INDONESIA TBK holds a significant 17.73% stake in the company.

PT MNC ASIA HOLDING TBK has a substantial 27.29% stake in itself.

PT MNC KAPITAL INDONESIA TBK owns a substantial 48.93% stake in PT MNC Asia Holding Tbk.

The company's headquarters is located at MNC Bank Tower Jalan Kebon Sirih.

Here's a breakdown of the company's holdings: