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Pikko Land Development

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Indonesian publicly listed real estate developer engaged in development and sale of real estate and apartment/office units.

Last updated September 15, 2026

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Nov 4, 2026
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Nov 4, 2026

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Overview

PT Pikko Land Development Tbk is an Indonesian company established in 1984 under the name PT Roda Panggon Harapan, later renamed from PT Royal Oak Development Asia Tbk to PT Pikko Land Development Tbk. Its main activity is the development and sale of real estate and/or apartment/office units, along with investments in shares and property assets. The company began commercial operations in 1995 and listed its shares on the Indonesia Stock Exchange in 2001.

History

PT Pikko Land Development Tbk was established with the name PT Roda Panggon Harapan based on notarial Deed No. 83 dated October 15, 1984 of Benny Kristianto SH, notary in Jakarta. The Articles of Association have been amended several times, most recently by Deed No. 8 dated October 5, 2012 from notary Rudy Siswanto, SH, notary in Jakarta, regarding the change of the name and the domicile, from PT Royal Oak Development Asia Tbk to PT Pikko Land Development Tbk and from South Jakarta to Central Jakarta. The Company started its commercial operations in 1995. On October 22, 2001, the Company recorded its shares in the Indonesia Stock Exchange (BEI) (formerly Jakarta Stock Exchange) by initial offering of 150,000,000 Company shares with par value of Rp 100 per share to the public at an offering price of Rp 120 per share. In 2007, the Company performed Limited Public Offering I of publishing Rights Issue to issue 12,883,800,000 new shares with par and offering price at Rp 100 per share, which are attached 118,200,000 Series II Warrants.

Products and positioning

  • Real estate development and sale

  • Apartment/office unit development and sale

  • Investments in shares of stocks and property assets such as land and building

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