Welcome to PT ICTSI Jasa Prima Tbk's Web Site

PT ICTSI Jasa Prima, Tbk (formerly PT Karwell Indonesia, Tbk), (the Company), was incorporated in Jakarta under the name of PT Karwell Indonesia Knitting & Garment Industry on February 18, 1978.

On May 3, 2012, ICTSI Far East Pte, Ltd., a subsidiary of International Container Terminal Services Inc. based in Manila, Philippines, successfully acquired 80% of the Company’s shares through the mechanism of Indonesia Stock Exchange (IDX).

On June 27, 2012, the shareholders, through an Extraordinary General Meeting of Shareholders ratified the change in the main business of the Company to become a company that is engaged in the development, construction and operation of maritime infrastructure facilities and related services and therefore amended Article 3 of the Company’s Articles of Association.

In order to strengthen its main business, on July 3, 2012, the Company acquired the entire shares of PT Perusahaan Bongkar Muat Olah Jasa Andal, one of the 16 stevedoring companies appointed by PT Pelabuhan Indonesia II to operate at Tanjung Priok port.


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