Sartono Sutan Tonaro

The early 70's was the beginning of the new era of the corporation to venture into the property business. In those early times the corporation had already built and operated a medium class hotel with 20 rooms, a commercial building and several residential properties to be rented. To establish a business in property, as in any other business, requires prudent financial and investment scheme to support the business. The corporation has a vast experience and has established integrity and a robust relationship with several highly reputable financial and investment institutions. In line with that, in 1989, with its strategic partner in financial sector, it set up a securities company and in the same year the corporation handled the preparation of PT. Sofyan Hotels Tbk's Initial Public Offering (IPO), which shares were oversubscribed by 300%. Through the invaluable experience over the decades, the founders and the management of Sofyan Corporation embrace its solidarty in the property business, and since 1991, the corporation were seasoned and diversified to other supporting field that are needed for the property business in the thorough and integrated manner. In its activities, the corporate acting as Design Consultant and Architect, General Contractor, Construction and Engineering Company for a variety of property projects such as hotels, office buildings and residential houses. As an Integrated Property Business Company, the corporation has developed a division, which affiliated with strategic financial institution in the field of Project Financing, Capital Investment, and Financial Arrangement. In line with that, the corporate also has a division acting as a Full Service Hotel Management Company; consist of Hotel Management Consultant, Hotel Operator, Human Resources Development and Training Consultant, System and Information Technology Consultant