Key insights and market outlook
PT Petrosea Tbk (PTRO), a mining services company affiliated with conglomerate Prajogo Pangestu, has established a new subsidiary called PT Kinarya Media Selaras (KIMS). The subsidiary was founded on December 15, 2025, with the primary purpose of operating in human health and social activities, as well as professional, scientific, and technical services. This move marks PTRO's diversification into the healthcare sector.
PT Petrosea Tbk (PTRO), a prominent mining services company associated with Indonesian conglomerate Prajogo Pangestu, has incorporated a new subsidiary named PT Kinarya Media Selaras (KIMS). The establishment of KIMS was formalized through Notary Deed No. 24 dated December 15, 2025, and subsequently approved by the Indonesian Minister of Law and Human Rights through decision No. AHU-0107634.AH.01.01 Year 2025 on the same date.
According to the company's disclosure, KIMS is mandated to engage in human health and social activities, as well as professional, scientific, technical services, and retail trading. The specific business activities of KIMS will be detailed in subsequent announcements. This strategic move represents PTRO's entry into the healthcare sector, marking a significant diversification from its core mining services business.
The establishment of KIMS demonstrates PTRO's commitment to expanding its business portfolio beyond its traditional mining services domain. This diversification strategy may provide new growth opportunities for the company and potentially enhance its long-term sustainability. The move into healthcare aligns with broader trends of Indonesian conglomerates exploring new sectors for expansion.
New Subsidiary Establishment
Healthcare Sector Entry