TOTL has completed over 50 MW of data-centre work since 2022 and has over 400 MW under construction, including Microsoft’s 200 MW JKT11 at GIIC Cikarang through Shimizu-Total JO. Backlog stands at IDR 6.65tn, 1.7x FY25 revenue, while data centres account for 34% of IDR 17.2tn tender pipeline. Net cash of around IDR 1.3tn and no interest-bearing debt support bonding capacity for multi-year hyperscale work. JO income reached IDR 101.6bn in 1H26, showing data-centre projects already visible in earnings before revenue. NOT RATED.
Samuel Sekuritas Indonesia is a leading Indonesian securities brokerage firm. Established in 1997, the firm has grown to become one of the most respected and trusted financial services companies in the country. With a wide range of services and products, Samuel Sekuritas Indonesia has become a trusted partner to many investors, both institutional and individual.
The company offers a variety of financial services, including equity, debt and derivative securities brokerage services, research and portfolio management, asset management and capital market services, as well as a range of other investment solutions. Samuel Sekuritas Indonesia is also a leader in providing financial education and training, and has established itself as a leading provider of investor relations services.
The company has a strong research capability and is committed to providing its clients with up-to-date and reliable market analysis and recommendations. It also has a team of experienced and knowledgeable professionals who are dedicated to providing quality service to its clients. As a result, Samuel Sekuritas Indonesia has become a preferred partner for many investors in Indonesia.
In addition to its financial services, Samuel Sekuritas Indonesia also offers a range of other services, such as corporate finance and advisory services, mergers and acquisitions, and venture capital.