TrustOne Holding is a strongrapidly growing, diversified Indonesian-based holding company that is active in several industries. The group is divided into three main business holding operations concentrating in Financial Services, Mineral Coal Mining, MRO – maintenance repair overhaul – & Facility Services, Energy & Power, Infrastructures & Logistic Supply Chain, Oil and Gas Upstream & Downstream. The group has established strongly-positioned companies in the mineral coal market.

The group was founded in 1998 by the chairman and principal shareholder Mr. Rudy Riadi under the name of Mitra Andalan Group. The business started originally in the coal mining for export and earth moving equipment for the domestic housing industry. From 2000 onwards, the group expanded into new business sectors in the area of mineral mining, building management and logistic and warehousing services. It is within this period that the group gained scale and depth in respective industries and to build a solid foundation for future growth.

In 2004 – 2008, Mitra Andalan Group was one of the fastest growing business medium scales entreprises in Indonesia through aggressive acquisitions and organic growth of its core businesses. Two of the group’s many achievements in 2008, Mitra Andalan experienced the highest growth in net income in coal mining industries amongst any Indonesian coal miners, and the two mining firms – Mitra Andalan and Sejati Makmur, generated the profits that equaled the profits of the rest of the industry. Mitra Andalan Group credited this outstanding overall growth to synergies between the group’s companies and efficient operational control that is embedded uniformly in the culture of the group.

In the end of 2009, the Mitra Andalan Group was rebranded to become TrustOne Holding. It is a brand that embeds vertical relation into the God by praying philosophy God Good’s 99 names and character – essentially evoking values of optimism to the God and exemplary pathway leadership under guidance of God for the future. In addition, this was a strategic step to reposition the group as a multi-national company, ready to expand into the Asia Pacific region and other parts of the globe.

Looking towards the future, TrustOne Holding is committed to continued growth. The group will continue to develop innovative products and services which will provide more value to customer, attract quality professionals and business experts, as well as establish strategic partnerships with investors both in Indonesia and internationally.