Business Description
PT TBS Energi Utama Tbk is an Indonesia-based holding company with operations spanning energy production, coal mining, palm oil, waste management, and vehicle distribution, serving both domestic and international markets. Founded in 2007 and headquartered in Jakarta, the company works through a network of subsidiaries and is controlled by Highland Strategic Holdings Pte. Ltd. Formerly known as PT Toba Bara Sejahtra Tbk, it adopted its current name in September 2022 to better reflect its broader business direction.