Investor Relations

Saratoga is a partner of choice for investors who wish to participate in the growth of early stage opportunities in Indonesia.

Saratoga invests through high and low economic cycles, finding opportunities even in challenging times, and strengthening its investment portfolios at strategic intervals. With its proven track record, high growth potential and prudent approach, Saratoga presents a unique investment asset in Indonesia.

Net Asset Value


NAV is calculated using the sum of the parts methodology, adjusted for debt and cash balance
Listed companies were valued based on market price for the day
Unlisted companies were valued based on cost method
FX rates used were based on Bank Indonesia mid rates as published during the day

DISCLAIMER : The information contained in this document is intended solely for the use of our internal reference. We used conservative method to do the above calculation. There might be some difference of calculation against the market value. We make no representations or warranties, express or implied, with respect to the information herein.”

Shareholders Structure


Saratoga Investor Relation Presentation 9M18
21 November 2018
Saratoga Investor Relation Presentation 1H 2018
17 September 2018
Saratoga Investor Relation Presentation FY 2017
6 April 2018
Saratoga Investor Relation Presentation 9M 2017
17 November 2017

Annual Reports

Saratoga Annual Report 2017
7 April 2018
Saratoga Annual Report 2016 (English)
5 April 2017
2015 : Active Investing
9 May 2016
30 April 2015
24 April 2014


November 2017
10th Annual dbAccess Indonesia Conference 2017, Jakarta
May 2017
Citi Indonesia Investor Conference, Jakarta
Non Deal Roadshow, Hong Kong
April 2017
Public Expose at Adaro Institute, Cyber 2 Tower
2016 Annual General Meeting of Shareholders & Extraordinary General Meeting of Shareholders

Investor Relations Contact

Please feel free to send your inquiries to the Saratoga Investor Relations team.


Correspondence Address:
Menara Karya, 15th Floor
Jl. H.R. Rasuna Said Block X-5 Kav. 1-2
Jakarta 12950, Indonesia