Investor Presentaiton
Notable
Investments¹
Major Shareholders
MERDEKA BATTERY
MATERIALS
Powering the future, sustainably.
Major Shareholders
Provident, Saratoga and the Thohir Group have an established history of co-investment with a distinguished track
record in building value through multi-billion dollar companies and attracting blue chip international investors
Edwin Soeryadjaya
Michael Soeryadjaya
Saratoga Group
Winato Kartono
Hardi Liong
SARATOGA
• One of the leading business groups in Indonesia, being a
sponsor behind several large listed Indonesian corporations
• Saratoga has invested in key sectors of the Indonesian
economy including: consumer, infrastructure and natural
resources
Provident Group
Gavin Caudle
Provident
• Provident has created and driven the success of multiple
publicly listed entities in Indonesia
• Aims to establish new private companies and develop them
into high value public companies across telecom,
infrastructure, mining/processing and e-commerce sectors
Garibaldi Thohir
Thohir Group
Thohir Group
⚫ Mr Thohir is the President Director of Adaro and
President Commissioner of GoTo
⚫ Mr Thohir has substantial interests in several other
successful businesses
Sector Legend:
BERSAMA
DIGITAL
TOWER
BERSAMA
GROUP
EV: US$4.7B
Infrastructure
Natural Resources
MERDEKA
COPPER GOLD
MERDEKA
BATTERY
MATERIALE
EV: US$6.4B / 6.0B
Tech
adaro
adaro
MINERALS
EV: US$4.7B/2.9B
Note: The entities shown are not an exhaustive list of Provident, Saratoga and Thohir Group entities. Shown personnel above are not UBO, but rather key personnel
1. EV calculated based on share prices as of 10th October 2023
Ownership Legend:
Saratoga Group
goto
EV: US$4.5B
Provident Group
Thohir Group
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