LBP Enterprises develops a traditional business model combined with a modern business model approach. With this strategy, the company is able to reach the potential of strategic sectors more adaptively, nimbly, and efficiently.

Jakarta (Indonesia Windows) – An Indonesian private company, LBP Enterprises, is further cementing its position as a sustainably growing hybrid company through a portfolio of three strategic asset pillars: real assets, paper assets, and digital assets.

"LBP, an acronym for Lucky Bayu Purnomo, has been growing for more than 23 years. LBP Enterprises is known as a diversified entity across various sectors through two main approaches: finance and strategic investment," Dr. Lucky Bayu Purnomo told Indonesia Window here on Friday.

He further said to date, one of LBP's portfolios has been listed on the Indonesia Stock Exchange through the process of Indonesian Public Offering (IPO).

Additionally, LBP Enterprises' portfolio includes several strategic sectors, ranging from technology, renewable energy, construction, defense, maritime, education, plantations, and tourism to finance.

"Through the hybrid company format, LBP Enterprises develops a traditional business model combined with a modern business model approach. With this strategy, we are able to reach the potential of strategic sectors more adaptively, nimbly, and efficiently,” he said.

Amid a heterogeneous market, LBP Enterprises provides a homogenous approach through financial instruments and modern investment strategies, Lucky, Founder and Chairman of LBP Enterprises, explained.

As an economist and capital market specialist, Lucky has a long career in the corporate world, state-owned enterprises, and government, including as an economic contributor to various ministries and the Presidential Staff Office.

He is known for a phenomenal achievement when he successfully recorded a portfolio investment growth of more than 4,500 per cent on the Indonesia Stock Exchange, even while the global financial world was hit by a crisis and experienced a performance decline due to the global financial crisis (subprime mortgage 2008).

This achievement was highlighted by national media and documented in a real-life storybook published nationally.

In commemoration of Indonesia's independence month and in conjunction with Malaysia's Independence Day, LBP Enterprises signed a strategic international collaboration with Bahtera Hijrah Holding Sdn. Bhd. (Hijrah Group), a diversified Malaysian company with a global network and a portfolio in various strategic sectors, including technology, energy, development, finance, halal food, and others.

The Hijrah Group was developed by a leadership team with a combined experience of more than 100 years across various industries. With extensive experience spanning countries and having led various projects and corporate companies in Malaysia and abroad, Hijrah Group's profile has strong credibility in the eyes of global partners.

All of Hijrah's operations and initiatives are based on Sharia-compliant principles, ensuring that growth strategies are in line with ethical values, integrity, and sustainability.

With the philosophy of ‘Seeing the Unseen, Connecting the Unsaid,’ Hijrah promotes inclusive, collective leadership oriented toward a win-win solution, to create long-term value and build trusted partnerships on the regional and international stage.

"For us, Hijrah is not just a company, but a shared journey. We believe in the power of collaboration, sustainable values, and Sharia compliance as the foundation of every step we take," said Mohd Zulfitri Mohd Basir, CEO of Bahtera Hijrah Holding Sdn. Bhd.

As a leader, Zulfitri has extensive experience in various industries, both in Malaysia and abroad.

In addition to his career in the corporate sector, he also actively supports the public sector through the integration of policies and technology in national digital governance.

His expertise in formulating strategies, building networks, and creating opportunities makes him one of the visionary leaders of the new generation in the region.

The collaboration footprint of Zulfitri and the Hijrah Group has expanded internationally to a number of countries, including Singapore, Hong Kong, Indonesia, Bangladesh, China, Europe, Saudi Arabia, and the United Arab Emirates.

With a global perspective and based on Sharia principles, Hijrah Group is committed to continuously opening up strategic collaboration opportunities that have a positive impact on the economy and society.

This strategic collaboration between LBP Enterprises and Bahtera Hijrah Holding Sdn. Bhd. is aimed at strengthening the portfolio performance of both companies while bringing a positive impact to the business world and the economic growth of Indonesia and Malaysia.

Reporting by Indonesia Window