Kantor Jasa Penilai Publik  Martokoesoemo Pakpahan & Rekan (“KJPP  MPR”) was established as a partnership in late 2007 due to changes in policy implemented by the Indonesian Securities & Supervisory Board (formerly  BAPEPAM- LK) allowing only individual partnership as an appraiser for the capital Market. Before becoming a partnership, KJPP MPR was a limited company under the name of PT AAJ Penilai, so all work experiences and Appraisal Team, both business and assets moved to KJPP MPR.
KJPPMPR is registered partnership in the Center of Professional Finance Development (hereinafter referred to as “PPPK”) an d the Financial  Service Authority (“OJK”) for Property Appraisal Classification A”) and Business Valuation (Classification B”).
KJPP  MPR has three partners namely  Budi  P Martokoesoemo (Business  Valuer)  and  Grace Simanjuntak (Property Valuer)  with Miduk Pakpahan as the Managing Partner.