BEST 2015

Bekasi Fajar Industrial estate (BEST) was established in 1989, the company is located at Bekasi city, west java. The company runs in industrial estate industry as its main business. It cooperated with Marubeni Corporation, foreign investment from Japan. A famous product from the company is Megalopolis Manunggal Industrial Development or MMID or MM2100.

The company also offers standard factory rental in its industrial estate area. The ultimate share holder of the company is the nin king family through its subsidiary, Argo manunggal land development with more than 48 % share. Other share holders are Hungkang Sutedja and Daiwa House industry co. ltd.

In 2015 the company allocated his fund in development of hotel and its facilities at the industrial estate area due to demand from the customer of MMID. The project is under construction in 2015 and it is expected that the project would accomplished in 2016. It is conducted by Best Sinar Nusantara and Jaya Obayashi.

In 2015 the sales of company decreased compared to sales in 2014. The decline in its sales was occurred in its sector, however the EBITDA seemed stable. The company faced negative trend in sales in the last three years. The sales of land decreased 22.1 % in 2015. The decrease in land sale was probably occurred due to the weakened economic growth, it was almost every industry declined. It was inversely happening with recurring income which comprised maintenance fee, rental fee, service charge and water service. It rose 27 % in comparison with sales in 2014.

The company is also offering golf field service, selling shop house in MM2100, selling Japanese food in Japanese restaurant and etc. The Land stock in 2015 was more than 9,662,692 Square meters which was valued more than 3.1 trillion rupiah.