PT Ratu Prabu Energi Tbk (ARTI) engages in investment in the energy sector. It was established in March 1993 as PT Arona Binasejati, engaged in wooden furniture industry. Its products reached international markets, including The Netherlands, Canada, the United States, Australia, and Asia. It went IPO in April 2003. However, in 2006, the Indonesian government limited the supply of raw materials to combat illegal logging. Hence, the company stopped its business activities in 2007 due to heavy losses. It was acquired by new management in 2008, which changed its business line to the energy sector and its name to PT Ratu Prabu Energi Tbk.