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Fortune Mate Indonesia

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PT Fortune Mate Indonesia Tbk is an Indonesian real estate development company based in Surabaya.

Last updated September 16, 2026

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Overview

PT Fortune Mate Indonesia Tbk is an Indonesian company established in 1989 under the Foreign Capital Investment Law (PMA) No. 1 year 1967. It began commercial operations in 1989 manufacturing footwear in Sidoarjo, East Java, and ceased that operation in March 2004. In 2005 the business switched to real estate development, with offices in Surabaya. The company's portfolio includes office, warehouse and industrial properties, residential projects, and land bank offerings.

History

PT Fortune Mate Indonesia Tbk was established within the framework of the Foreign Capital Investment Law (PMA) No. 1 year 1967 based on Notarial Deed No. 44, dated June 24, 1989 by Rika You Soo Shin, S.H., notary in Surabaya. The deed of establishment was approved by the Minister of Justice of the Republic of Indonesia in its Decision Letter No. C2-9241.HT.01.01 TH. 94, dated June 16, 1994 and announced in the State Gazette of Republic Indonesia No. 82 Supplement No. 7947 dated October 14, 1994. The Article of Association has been amended several times, latest by Notary Deed of Wachid Hasyim, S.H., No. 35, dated December 17, 2009 regarding the conversion of other payables into issued and fully paid capital stock. The Entity started its commercial operations in 1989 in the manufacturing of footwear located in Sidoarjo, East Java, and stopped its operation since middle of March 2004. In 2005 the business switched to the field of Real Estate Development with offices located in Surabaya.

Products and positioning

Provider of housing / residence in comfort environment with complete facilities for better living.

  • FBI Park

  • Palm Ville

  • West Surabaya Benowo ready-to-use land

Sources4 sources

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