Support Artajasa Strengthen Digital Transaction Services, Lintasarta and PPA Agree on Strategic Cooperation


ANTICIPATING the trend of digital transactions in the world and in Indonesia, PT Aplikanusa Lintasarta (Lintasarta), a company engaged in Information and Communication Technology (ICT) Total Solutions, which is also a subsidiary of PT Indosat Tbk (Indosat Ooredoo Hutchison/IOH), is working the same strategic as PT Perusahaan Pengelola Asset (PPA).

This was marked by the signing of a conditional share purchase agreement between Lintasarta and PPA for the purchase of shares in PT Arta Integrasi Teknologi (ARINT), a subsidiary of Lintasarta.

The signing was carried out by Lintasarta President Director Arya Damar and PPA President Director Yadi Jaya Ruchandi, and was witnessed by Indosat Ooredoo President Director and CEO Hutchison Vikram Sinha and Artajasa President Director Moch. Maruf, at Grha Artajasa, Friday (7/10).

This strategic transaction is a synergy between IOH, Lintasarta, and PPA to strengthen Artajasa’s role in Indonesia’s digital ecosystem.

In the future, Artajasa is expected to be able to strengthen its range of services, expand its business scope, and increase customer trust, so as to provide convenience for the public in digitally transacting. In addition, the transaction is a form of compliance with applicable regulations in Indonesia.

“Today we start a historic journey at Artajasa, because this transaction will allow us to innovate in providing new payment solutions and introduce new products in Indonesia’s digital economy,” said Moch. Maruf, President Director of Artajasa.

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Lintasarta President Director Arya Damar said the transaction and strategic cooperation allowed Artajasa to provide best-in-class solutions to its customers.

“In addition, this effort is a form of our compliance with regulations related to the domestic payment system industry, which will ultimately improve customer experience,” he said.

Indosat Ooredoo President Director and CEO Hutchison Vikram Sinha added, “We believe this collaboration is a great opportunity together to accelerate the growth of Indonesia’s digital economy by creating synergies between the IOH, Lintasarta, Artajasa, and PPA ecosystems.

“This is also in accordance with the spirit of gotong royong carried by IOH in realizing its mission of providing world-class digital experiences, connecting and empowering the Indonesian people,” he said.

PPA President Director Yadi Jaya Ruchandi said the transaction was a commitment by his party in optimizing minority share ownership in Indosat Ooredoo Hutchison as mandated by the Ministry of SOEs to PPA, as well as creating opportunities for synergy within the Danareksa Holding ecosystem.

“We believe that the strategic collaboration between PPA and IOH, Lintasarta, and Artajasa through ARINT will create many new opportunities in Indonesia’s digital payment ecosystem and can provide an extraordinary customer experience for the people of Indonesia,” he concluded. (RO/OL-7)


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