Monday 7 October 2019

Nico Po is PT Pollux Properti Indonesia ´CEO Of The Year 2019´

KUALA LUMPUR, Oct 7 -- PT Pollux Properti Indonesia Tbk chief executive officer, Dr Nico Po has been named ‘CEO of The Year 2019’ at the 14th Indonesia Property and Bank Award 2019.

Shortly after Pollux Properti conducted an Initial Public Offering last year, the company leapfrogged by launching several iconic projects at numerous locations in Indonesia.

Pollux Properti is constructing a mega-superblock called Meisterstadt in Batam, Riau Islands. The nine hectare-superblock will comprise 11 skyscrapers, eight of which are residential towers.

Besides that, the company is now developing another superblock project in Cikarang, West Java under the auspices of PT Pollux Aditama Kencana, in collaboration with Virginia Properti Group.

In addition to the two ongoing projects, Nico Po, via PT Pollux Kemang Superblok, is also developing another mixed-use property called the Gangnam District.

As of this month, the market capitalisation of Pollux Properti has reached US$3.8 billion, topping the list among other property developers that have been listed in IDX even for a long time. (US$1 = RM4.19)

The award was organised by Property&Bank magazine, held at the Intercontinental Hotel Ballroom in Jakarta recently.

According to the magazine’s editor-in-chief, Indra Utama, Nico Po is an example of a young professional with strong and amazing talent in management. At such an age, he has successfully managed a property business and developed large scale projects.

-- BERNAMA

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