Mahaka X

Mahaka X is the media and entertainment group formerly known as PT Mahaka Media Tbk and, before 2010, PT Abdi Bangsa. The Indonesian company traces its origins to 28 November 1992, when it was established as PT Abdi Bangsa under the leadership of Erick Thohir. Its business has developed across several traditional and digital media formats, including newspapers, magazines, radio, free-to-air television and media-related commercial activities. The group became a public company on 3 April 2002, when PT Abdi Bangsa Tbk registered its shares on the Jakarta Stock Exchange, now part of the Indonesia Stock Exchange. In 2010, the company adopted the name PT Mahaka Media Tbk, reflecting the development of a broader media portfolio under the Mahaka identity. Its assets and operating businesses have included the newspapers Harian Republika and Harian Indonesia, the Golf Digest magazine franchise or publication, Jakarta-based television station JakTV, and radio operations associated with Mahaka Radio Integra. Radio has been one of the group's most extensive operating areas. Its listed services have included Gen 98.7 FM in Jakarta, Gen 103.1 FM in Surabaya, Jak 101 FM, Hot 93.2 FM, Most Radio 105.8 FM, Kis 95.1 FM, Mustang 88.0 FM and Noice. These activities place the company in the Indonesian audio and broadcast-content market, combining conventional terrestrial radio with newer digital audio distribution. The group has also been associated with Mahaka Square, CodeX Academy, Inspire, Xpose, CreativeIntel, Alive Indonesia and Archytect, which broaden its activities beyond publishing and broadcasting into venues, education, creative services and media-related initiatives. JakTV is identified as a regional free-to-air television station co-owned with Artha Graha Network. The company's newspaper and magazine operations give it a presence in print publishing, while its radio, television and digital activities support a multi-format media model. The range of businesses illustrates Mahaka's historical attempt to operate across multiple channels rather than depend on a single publication or broadcast outlet. In 2019, founder and president commissioner Erick Thohir left the company after entering the Indonesian government as Minister of State-Owned Enterprises. R Harry Zulnardy succeeded him in the position he had held at the company. On 27 June 2022, the company changed its corporate branding to Mahaka X, stylized as mahakaX. The rebrand was presented as a shift in emphasis from a conventional media-convergence concept toward media technology. Mahaka X therefore represents both the continuing corporate entity and an updated strategic identity intended to connect its legacy media operations with technology-enabled content and communications businesses.

Mahaka X began as PT Abdi Bangsa on 28 November 1992. The company was founded by Erick Thohir and developed as an Indonesian media and entertainment business. Its activities expanded across print publishing, radio, television and other media-related operations, giving the group a diversified presence in the country's communications sector. The first major corporate transition recorded in the company's history occurred on 3 April 2002, when PT Abdi Bangsa became a public company through the registration of its shares on the Jakarta Stock Exchange. The listing established the company as a publicly traded media group and provided the corporate framework for subsequent portfolio development. In 2010, PT Abdi Bangsa officially changed its name to PT Mahaka Media Tbk. The Mahaka identity became associated with a collection of media properties rather than a single publishing operation. The group owned or operated Harian Republika and Harian Indonesia, Golf Digest, Jakarta television station JakTV and a range of radio services. JakTV was co-owned with Artha Graha Network, while radio activities were connected with Mahaka Radio Integra. The radio portfolio included Gen 98.7 FM in Jakarta, Gen 103.1 FM in Surabaya, Jak 101 FM, Hot 93.2 FM, Most Radio 105.8 FM, Kis 95.1 FM, Mustang 88.0 FM and Noice. This range covered terrestrial stations and digital audio, extending the company's reach beyond newspapers and magazines. Other listed businesses and initiatives included Mahaka Square, CodeX Academy, Inspire, Xpose, CreativeIntel, Alive Indonesia and Archytect. Together, these activities indicate an effort to combine content, advertising, events, education, creative production and technology-oriented services. A leadership transition took place in 2019. Erick Thohir, who had served as founder and president commissioner, left the company after joining the Indonesian government as Minister of State-Owned Enterprises. R Harry Zulnardy took over the president commissioner role identified in the company's history. The change separated the company's operating governance from its founding chairman as Thohir assumed public office. On 27 June 2022, Mahaka Media changed its corporate branding to Mahaka X, stylized as mahakaX. The rebrand was intended to move the group's strategic emphasis from media convergence toward media technology. The new identity retained the company's media heritage while presenting it as a broader technology-enabled content and communications platform. Mahaka X consequently remains associated with established Indonesian newspapers, magazines, radio and television operations, while also emphasizing digital audio, creative services and other media-adjacent activities.

1. 2022Mahaka X rebrand

   On 27 June 2022, Mahaka Media adopted the Mahaka X brand as part of a shift toward media technology.

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2. 2019Founder exits company leadership

   Erick Thohir left his company position after becoming Indonesia's Minister of State-Owned Enterprises.

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3. 2010Name change to Mahaka Media

   PT Abdi Bangsa adopted the corporate name PT Mahaka Media Tbk.

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4. 2002Public listing

   PT Abdi Bangsa became a public company on 3 April 2002 through a share registration on the Jakarta Stock Exchange.

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5. 1992PT Abdi Bangsa is founded

   The company was established on 28 November 1992 as PT Abdi Bangsa.

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A diversified Indonesian media and entertainment group combining legacy print and broadcast assets with radio, digital audio, creative services and a media-technology orientation.

• Harian RepublikaNewspaper

  An Indonesian newspaper identified as one of Mahaka X's print publishing assets. It represents the group's continuing participation in newspaper publishing alongside its broadcast and digital activities.

• Harian IndonesiaNewspaper

  A newspaper listed among the group's publishing operations. It forms part of Mahaka X's print-media portfolio.

• Golf DigestMagazine

  A golf-focused magazine associated with Mahaka X. Its inclusion extends the group's publishing portfolio beyond general newspapers into specialist magazine content.

• JakTVTelevision station

  A regional free-to-air television station serving the Jakarta market. The station is identified as co-owned with Artha Graha Network and constitutes Mahaka X's principal listed television operation.

• Mahaka Radio IntegraRadio services

  The radio-services platform associated with Mahaka X. Its portfolio has included multiple Indonesian terrestrial stations and the digital audio service Noice.

• Gen FMRadio network

  A radio brand represented by Gen 98.7 FM in Jakarta and Gen 103.1 FM in Surabaya. It is one of the most visible named radio offerings in the Mahaka X portfolio.

• NoiceDigital audio

  A digital audio service listed among the group's radio and audio activities, reflecting Mahaka X's move beyond conventional terrestrial broadcasting.

• CodeX AcademyEducation and technology

  A Mahaka-associated initiative listed in the group's other businesses. The name indicates an education or technology-related activity within the company's broader media ecosystem, although detailed scope is not specified in the reference material.

• 2022Rebrand as Mahaka XStrategy

  The company sought to update its identity and reposition its activities beyond a traditional media-convergence model.

  What changed. On 27 June 2022, Mahaka Media changed its corporate branding to Mahaka X, stylized as mahakaX.

  Aftermath. The new identity positioned the company around media technology while retaining its newspaper, magazine, radio and television businesses.

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• 2010Adopt the Mahaka Media corporate nameStrategy

  The company had operated since 1992 as PT Abdi Bangsa and had become publicly listed in 2002.

  What changed. It officially changed its name to PT Mahaka Media Tbk.

  Aftermath. The Mahaka identity became the corporate name used for its diversified media and entertainment portfolio until the later Mahaka X rebrand.

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• 2022Mahaka Media adopts the Mahaka X brand

  On 27 June 2022, the company introduced the Mahaka X, or mahakaX, corporate branding to signal a move toward media technology.

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• 2019Erick Thohir leaves company leadership for government role

  Founder and president commissioner Erick Thohir stepped down after becoming Indonesia's Minister of State-Owned Enterprises.

  Leadership change
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• 2010Corporate name changed to PT Mahaka Media Tbk

  The company formally replaced the Abdi Bangsa name with PT Mahaka Media Tbk.

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• 2002Abdi Bangsa becomes a publicly listed company

  PT Abdi Bangsa registered its shares on the Jakarta Stock Exchange, marking its transition into a public company.

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1. Mahaka X