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ASII: From Soeryadjaya to Prajogo, Government, and Finally to Jardine

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Algo Research Team

Company | Sep 20, 2025 | Views: 1509

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Key Summary:

  • From a consumer goods importer to an automotive giant
  • Bank Summa's collapse led to buyout by Prajogo Pangestu
  • ASII is now majority owned by HK-based Jardine Group

Astra International (ASII) is not just a conglomerate but a reflection of Indonesia’s economic and industrial transformations, with all its highs and lows, triumphs and failures over the past 68 years.


Founded in 1957, ASII has lived through economic turmoil, political upheavals, policy shifts, and financial crises in Indonesia, shaping itself into one of the country’s most important companies.

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