The main business line of PT Pembangunan Graha Lestari Indah, Tbk (here after named as the Company) is hotels. The company has operated in the hotel business with more than ffifteen years of experience.

The Company was established in Medan under the name PT Pembangunan Graha Lestari Indah based on the virtue of Deed No. 2 dated March 3, 1994, made inthepresence of Mutiara Sahat Purnama Magelina Marpaung, S.H., notary in Medan. The deed wasratifiedby the Ministry of Justice of the Republic of Indonesia number C2-8925.HT.01.01.TH.98 dated July 15, 1998.

The company’s article of association has been changed several times. The revisions in the Articles of Association was to conform with the provisions of Republic of Indonesia Law No 40/2007 regarding of Deed No. 12 dated May 29, 2013, prepared in the presence of Gunawati,SH., public notary in Deli Serdang. This amendment has been approved by the Ministry of Law and Human Rights of the Republic of Indonesia in its Decision Letter No. AHU- 0101726.AH.01.09 Year 2013 dated November 01, 2013.

The Company began the business in 1994 with the purpose to construct apartments in Medan.

Initially the property was meant to be apartments with strata title, but later on was converted to a condotel. The hotel was named “Travellers Suites Medan,” a four-star condotel with a total area of 8.191 square meter located in Medans strategic centre.

In 2000, the Company listed its shares in Indonesia Stock Exchange under the ticker symbol PGLI.

The company expanded it’s business coverage through it’s subsidiaries PT Aek Simonggo Energy (ASE), PT Belida Karya Lestari (BKL) and PT Sei Wampu Energy (SWE) These subsidiaries expanded the business into the Renewable Energy sector.