# Habco Trans Maritima > Indonesian public company **Wikidata**: [Q114556785](https://www.wikidata.org/wiki/Q114556785) **Source**: https://4ort.xyz/entity/habco-trans-maritima ## Summary Habco Trans Maritima is an Indonesian public company listed on the Indonesia Stock Exchange under the ticker symbol HATM. Officially known as PT Habco Trans Maritima Tbk, the company began trading publicly on July 26, 2022. It operates as a publicly traded corporation, offering its securities for sale to the general public within Indonesia's financial markets. ## Key Facts - **Official Name:** PT Habco Trans Maritima Tbk - **Abbreviation/Alias:** HATM - **Entity Type:** Public company - **Country:** Indonesia - **Stock Exchange:** Indonesia Stock Exchange - **Ticker Symbol:** HATM - **Listing Date:** July 26, 2022 - **Corporate Structure:** Joint-stock company, publicly held corporation - **"Tbk" Designation:** Indicates "Terbuka" (Indonesian for "open" or publicly traded) ## FAQs **What is Habco Trans Maritima?** Habco Trans Maritima, officially PT Habco Trans Maritima Tbk, is an Indonesian publicly traded company listed on the Indonesia Stock Exchange with the ticker symbol HATM. It operates as a corporation whose shares are available for purchase by the general investing public. **When did Habco Trans Maritima go public?** The company commenced trading on the Indonesia Stock Exchange on July 26, 2022, under the ticker symbol HATM, marking its transition to a publicly listed entity. **What does it mean that Habco Trans Maritima is a "Tbk" company?** The "Tbk" suffix stands for "Terbuka," the Indonesian designation for a publicly traded or open company. This indicates that the company's shares are offered to the general public and traded on a stock exchange, distinguishing it from privately held companies. **How does being a public company affect Habco Trans Maritima?** As a public company, Habco Trans Maritima's ownership is distributed among general public shareholders who can buy and sell its shares on the open market. This structure requires the company to adhere to regulatory disclosure and reporting standards, promoting transparency for investors while enabling the company to raise capital from a wide pool of investors. ## Why It Matters Habco Trans Maritima represents a component of Indonesia's evolving corporate landscape and public equity markets. By listing on the Indonesia Stock Exchange in 2022, the company gained access to capital from the general public, enabling potential business expansion and operational growth. Its presence on the exchange contributes to the diversity of investment options available to both retail and institutional investors in Indonesia, a nation with a population exceeding 275 million and a nominal GDP of $1.319 trillion (2022). As a publicly traded entity, Habco Trans Maritima plays a role in Indonesia's broader economic ecosystem, participating in the capital formation process that drives business development and economic activity. The company's public listing also subjects it to transparency requirements that protect shareholder interests and contribute to market integrity. ## Notable For - Being listed on the Indonesia Stock Exchange under the ticker symbol HATM - Operating as a publicly traded corporation in Southeast Asia's largest economy - Completing its initial public offering (IPO) and commencing trading on July 26, 2022 - Bearing the "Tbk" designation, confirming its status as an open/publicly traded company in Indonesian corporate nomenclature - Functioning within Indonesia, the world's largest archipelagic state and a member of the G20 ## Body ### Corporate Identity PT Habco Trans Maritima Tbk, commonly known by its abbreviation HATM, is an Indonesian public company. The entity operates as a publicly traded corporation, a business structure defined by its ability to raise capital by offering securities—such as stock or bonds—to the general public through organized stock exchanges. The "Tbk" suffix in its official name stands for "Terbuka," the Indonesian term for "open," designating it as a publicly traded company in Indonesian corporate nomenclature. This designation is equivalent to "public limited company" (PLC) in other jurisdictions. ### Stock Exchange Listing Habco Trans Maritima is listed on the Indonesia Stock Exchange (IDX), the primary securities exchange in Indonesia. The company trades under the ticker symbol HATM. Its listing on the exchange commenced on July 26, 2022, marking the date when the company's shares became available for public trading on the open market. This event represented the company's initial public offering (IPO), the process through which a private company transitions to public ownership. ### Public Company Structure and Governance As a public company, Habco Trans Maritima operates under a specific legal form of organization characterized by several key features: - **Distributed Ownership:** The company's ownership is held by its shareholders, who can be individuals, institutional investors, or other entities that have purchased its publicly traded securities. - **Open Market Trading:** Shares can be freely bought and sold on the Indonesia Stock Exchange, providing liquidity for investors. - **Joint-Stock Classification:** The company is a type of joint-stock company and is considered a distinct legal form of organization, classified as a subclass of "enterprise." - **Governance Structure:** Public companies typically maintain a separation between ownership (shareholders) and control (management and board of directors), with governance provided by a board elected by shareholders. - **Regulatory Compliance:** As a listed entity, the company is subject to disclosure and reporting standards mandated by Indonesian financial regulators, promoting transparency for investors. The public company structure is distinctly different from state-owned enterprises, government agencies, or cooperatives, which have different ownership and governance models. ### Geographic and Economic Context Habco Trans Maritima operates within Indonesia, a sovereign state and island country situated in Southeast Asia and Oceania. Key contextual details about Indonesia include: **Geography and Demographics:** - **Location:** Between the Indian and Pacific Oceans - **Area:** 1,904,570 square kilometers - **Composition:** Over 17,000 islands, including Java, Sumatra, Sulawesi, and portions of Borneo and New Guinea - **Capital:** Jakarta - **Population:** Approximately 275,439,000 (2021 estimate) - **Official Language:** Indonesian **Economic Indicators:** - **GDP (Nominal):** $1.319 trillion (2022) - **Currency:** Rupiah (IDR) - **Central Bank:** Bank Indonesia - **Gini Coefficient:** 37.9 (2021) - **Human Development Index:** 0.705 (2021) - **Economic Classification:** Emerging market economy **Government:** - **Type:** Unitary presidential constitutional republic - **Current President:** Prabowo Subianto (since October 20, 2024) ### Terminology and Aliases The company is referenced by several designations: - **Official Name:** PT Habco Trans Maritima Tbk - **Abbreviation:** HATM - **Stock Ticker:** HATM - **Entity Classification:** Public company The term "public company" itself is known by several synonymous expressions across different contexts, including "publicly traded company," "publicly held company," and "listed company." ### Indonesia's Corporate and Financial Ecosystem Habco Trans Maritima operates within Indonesia's broader corporate ecosystem. The country is home to various notable companies across multiple sectors, including technology companies such as Gojek, a technology company and online taxi service founded in 2010. Indonesia's business environment is supported by financial infrastructure including the Indonesia Stock Exchange, Bank Indonesia as the central bank, and various government services. **International Economic Partnerships:** Indonesia, as the context for Habco Trans Maritima's operations, maintains memberships in significant international organizations: - **ASEAN:** Founding member (joined August 8, 1967) - **G20:** Member - **United Nations:** Member since 1950 - **World Trade Organization (WTO):** Member - **Asia-Pacific Economic Cooperation (APEC):** Member (joined November 6, 1989) - **BRICS:** Member - **Organisation of Islamic Cooperation (OIC):** Member (joined 1969) ### Administrative and Technical Context As an Indonesian entity, Habco Trans Maritima operates within the following technical and administrative framework: - **ISO Codes:** ID (Alpha-2), IDN (Alpha-3), 360 (Numeric) - **Internet TLD:** .id - **Telephone Code:** +62 - **Time Zones:** Indonesia Western (WIB, UTC+7), Central (WITA, UTC+8), and Eastern (WIT, UTC+9) Standard Time ### Public Company Framework and Global Perspective The public company model under which Habco Trans Maritima operates is recognized globally as a fundamental pillar of modern capitalism. This structure enables large-scale capital formation for business expansion, innovation, and infrastructure projects. It provides liquidity for investors, allowing them to buy and sell ownership stakes easily, and plays a critical role in the global economy by facilitating investment and driving economic growth. Public companies are the primary vehicle for large-scale business operations in most developed economies and serve as a mechanism for wealth creation and retirement savings for millions of individuals through public stock markets.