Savvy Bets Return Media Mogul To Ranks Of Indonesia's Richest [Forbes]
Grab Holdings Limited (GRAB)
Company Research
Source: Forbes
here Eddy Kusnadi Sariaatmadja Shares of his Elang Mahkota Teknologi, better known as Emtek, nearly tripled in the past year with investors upbeat about the upcoming IPO of Super Bank Indonesia, in which Emtek holds a roughly one-third stake. In the first nine months of 2025, Emtek posted a 58% year-on-year rise in revenue to 13.7 trillion rupiah ($824 million) while net profit jumped nearly fifteen-fold to 6.4 trillion rupiah. More than half of those earnings—3.4 trillion rupiah—was from halving Emtek's 2% stake in ride-hailing and food-delivery giant Grab Holdings, which it had acquired in 2023 following the conversion of shares it owned in the app's Indonesian subsidiary. “Emtek's performance has surged on the back of bold bets, strong capital and a willingness to seize opportunities—a strategy that has propelled the company's growth,” says Teguh Hidayat, director of Indonesian investment firm Avere Investama. Sariaatmadja's other lucrative bets include investing in e-co
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GRAB
News
- Did Grab's Boardroom Refresh and Legal Focus Just Shift Grab Holdings' (GRAB) Investment Narrative? [Yahoo! Finance]Yahoo! Finance
- Grab Holdings Limited (GRAB) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- Grab: Southeast Asia's Super-App Capitalizing On Region's Growth Potential [Seeking Alpha]Seeking Alpha
- Grab Holdings: Cautious Buy Amid Fintech Growth And Improving Unit Economics [Seeking Alpha]Seeking Alpha
- Grab Holdings: Undervalued Super-App With Accelerating Path To Profitability [Seeking Alpha]Seeking Alpha
GRAB
Sec Filings
- 12/3/25 - Form 144
- 12/1/25 - Form 6-K
- 12/1/25 - Form 6-K
- GRAB's page on the SEC website