Building Sustainable Value Across Industries
A diversified Indonesian holding company driving growth across core industries
Established in 2017 and headquartered in Malang, PT Akasia Kapital Grup (AKG) operates across multiple industries — microfinance, property, wood, gold, molasses, food and beverage, and organic farming. We are committed to creating sustainable value through responsible investment, disciplined management, and continuous capability building across all subsidiaries.
Portfolio
Microfinance
Microfinance through Akasia Bank and Akasia First, empowering local communities with inclusive and responsible financial solutions.
Property
Property development across East Java — from residential, commercial, to rental assets — optimizing value and expanding toward Sumba Island for sustainable regional growth.
Gold
Gold business delivering certified, high-quality products through transparent trading and trusted partnerships, advancing Indonesia’s precious metals industry.
Wood
Wood business focused on sustainable timber trading, efficient supply chains, and responsible sourcing that supports local forestry communities.
Molasses
Molasses business transforming sugarcane byproducts into valuable food, energy, and industrial resources — empowering farmers and promoting sustainable rural growth.
Organic Farming
Organic farming through Auf Greens, delivering premium fresh produce via sustainable farm-to-table systems that empower local farmers and connect them to high-value markets.
Food and Beverage
Food & Beverage through Ssspoonwell and Torto Rock, blending culinary innovation, quality, and sustainability in community-driven ventures.
The Team
PT Akasia Kapital Grup is driven by a team of professionals with diverse experience across finance, commodities, organic farming, and property — united by a shared vision to build sustainable value and long-term impact.
Philip Irwan
Focuses on microfinance, commodities, and sustainable business development. Founder of AKG and Co-Founder of Akasia Bank, with over 15 years of experience in inclusive finance and gold trading. University of California, Irvine — BA in Economics and Chinese Literature.
Steven K. Soetopo
Focuses on business analysis, property development, and financial strategy. Consultant at PricewaterhouseCoopers and analyst at Principal Financial Group. Texas A&M University — Master’s in Land and Property Development.
The Team
PT Akasia Kapital Grup is driven by a team of professionals with diverse experience across finance, commodities, organic farming, and property — united by a shared vision to build sustainable value and long-term impact.
View All Team MembersCore Values
Integrity
Upholding the highest standards of honesty and ethical conduct in all our business dealings.
Innovation
Embracing new ideas and technologies to drive continuous improvement and growth.
Sustainability
Building long-term value while protecting the environment and supporting communities.
Learn More About
How We Build Value
Discover our commitment to sustainable growth, ethical business practices, and creating positive impact across all our operations.
About Us
