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PT Adaro Energy Tbk.

Mining and Mining Services

Head Office Menara Karya 23rd Floor Summary of Financial Statement


Jl. HR. Rasuna Said Blok X-5 Kav. 1-2
Jakarta Selatan (Million Rupiah)
Phone (021) 521-1265 2006 2007 2008
Fax (021) 5794-4687
Website: www.adaro.com
Business Coal Mining
Company Status PMDN

Financial Performance: The Company went trough year


2008 with a better performance than in 2008. The Company
recorded net income at IDR887.198 billion in 2008, surging
from IDR88.534 billion in 2007. The net income increase was
supported chiefly by higher net revenue which climbed up to
IDR18.092 trillion from IDR11.592 trillion.
Brief History: PT Adaro Indonesia operates under a Coal
Cooperation Agreement with the Government of Indonesia
which gives it the right to mine coal within its Agreement Area
in the Tanjung district of South Kalimantan Province until the
year 2022 with Rights to extend by mutual agreement are avail-
able.
There are three deposits within the Agreement Area
which contain total coal resources of 2.8 billion tones of open
cut coal characterized by extremely thick seams of up to 50
meters with relatively low overburden.
The coal is exceptionally clean with 0.1% sulphur, 1.5%
ash and low nitrogen and has been trademarked internationally
as “envirocoal”.
Production commenced in 1991 and has increased steadily
since that time with sales to both export and domestic markets
reaching 36 million tonnes in 2007 making Adaro Indonesia’s
largest coal producer from a single mine.

Shareholders
Citibank Hongkong S/A CBHK-CPBSG 14.93%
PT Triputra Investindo Arya 13.34%
PT Persada Capital Investama 11.01%
GS NY SEG AC 9.94%
Garibaldi Thohir 7.80%
PT Trinugraha Thohir 7.80%
UBS AG Singapore S/A
Atticus Investments Pte., Ltd. 5.74%
Edwin Soeryadjaya 4.30%
Theodore Permadi Rachmat 2.27%
Sandiaga Salahuddin Uno 2.07%
Ir. Subianto 1.30%
Public 19.50%

40 Indonesian Capital Market Directory 2009


PT Adaro Energy Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Edwin Soeryadjaya President Director Garibaldi Thohir
Vice President Commissioner Theodore Permadi Rachmat Vice President Director Christian Ariano Rachmat
Commissioners Ir. Subianto, Djoko Suyanto, Directors Sandiaga Salahuddin Uno, David Tendian,
Ir. Palgunadi Tatit Setyawan Andre Johannes Mamuaya, Chia Ah Hoo,
Alastair Bruce Grant

Number of Employees 4,229


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 16-Jul-08 16-Jul-08 11,139,331,000 11,139,331,000
2 Company Listing 16-Jul-08 30-Jun-09 20,846,631,000 31,985,962,000

Underwriter
PT Danatama Makmur
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Stock Price (Rp) Million Shares

2,000 900

1,800 800

1,600
700
1,400
600
1,200
500
1,000
400
800
300
600
200
400

200 100

- -
Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09

Institute for Economic and Financial Research 41


PT Antam (Persero) Tbk. Mining and Mining Services

Head Office Gedung Aneka Tambang Summary of Financial Statement


Jl. Letjen T.B. Simatupang No.1, Tanjung Barat
Jakarta 12530
Phone (021) 789-1234, 781-2635 (Million Rupiah)
2006 2007 2008
Fax (62-21) 789-1224
Telex 66209 ATKJKT IA
E-Mail : corsec@antam.com
Homepage: www.antam.com
Factories - Pomalaa Nickel Mine
Jl. Jend. Ahmad Yani No. 5
Pomalaa, Kab. Kolaka 93652,
Sulawesi Tenggara
Phone (62-405) 310-171
Fax (62-404) 310-833
E-mail: nickel.pomalaa@antam.com
- Gold Mine
PO Box 1, Nanggung, Bogor 16650
Jawa Barat
Phone (0251) 369-999; Fax (0251) 681-543
E-mail: gold.pongkor@antm.com
- Kijang Bauxite Mine
Jl. Bintan Kijang, Tanjung Pinang 29151,
Kepulauan Riau
Phone (0771) 61177, 61520; Fax (0771) 61921
- Logam Mulia Processing and Purification Unit
Jl. Pemuda No. 1, Pulogadung
Jakarta Timur 13210
Phone (021) 475-5380, Fax (021) 475-9860
E-mail geomin@antam.com
- Jl. Pemuda-Jl. Raya Bekasi Km. 18
Pulogadung, Jakarta 13010
Phone (021) 475-7108,
Marketing Line (021) 4786-5492
Fax (021) 475-0665, 296-3043
E-mail: logammulia@antam.com &
lm@logammulia.com
Business Mining (Nickel, Bauxite, Iron Sand,Gold & Silver)
Company Status BUMN

Financial Performance: Net profit was falling in 2008 to


IDR1.368 trillion from IDR5.118 trillion in 2007. The net sales
declined to IDR9.591 trillion from IDR12.008 trillion.
Brief History: �����������������������������������������
PT Aneka Tambang (Persero) Tbk is a lead-
ing Indonesian mining and minerals processing company that was
founded on July 5, 1968 as Perusahaan Negara (State-Owned
Company) “PN Aneka Tambang “. The seven independent
state owned companies that merged to form Aneka Tambang
included: PT Nikel Indonesia; PN Tambang Bauksit Indonesia;
PN Logam Mulia; BPU Perusahaan-perusahaan Tambang
Umum Negara; Proyek Pertambangan Intan Martapura-South
Kalimantan; PN Tambang Emas Tjikotok; and Proyek Emas
Logas, Pakan Baru-Riau. On ������������������������������������
May21, 1975, according to the de-
cision of the Minister of Justice of the Republic of Indonesia, the
status of Aneka Tambang was changed from a state-owned com-
pany (Perusahaan Negara) to a limited corporation -PT Aneka
Tambang (Persero). Antam was first listed on the Jakarta and
Surabaya Stock Exchange (both then merged into the Indonesia
Stock Exchange) when the government sold 35% of the com-
pany to the public in 1997. In 1999, Antam listed its shares as a
Foreign-Exempt Listing on the Australian Stock Exchange and
became a full ASX Listing in 2002.������������������������������
During thirty years of opera-
tion, Aneka Tambang has proven significant achievements. Year
after year the Company has continuously improved its various
facets, from operation and development, to finance, general af-
fairs and human resources.

Shareholders
Indonesia Government 65.00%
Public 35.00%

42 Indonesian Capital Market Directory 2009


PT Antam (Persero) Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Ir. Wisnu Askari Marantika President Director Ir. Alwin Syah Loebis, MM
Commissioners Dr. Ir. Irwan Bahar, Mahendra Siregar, SE, M.Ec. Directors Djaja M. Tambunan, Ir. Winardi, MM,
Prof. Hikmahanto Juwana, SH, LLM, Ph.D, Ir. Tato Miraza, SE, MM,
Ir. H. Mahmud Hamundu, M.Sc Ir. Achmad Ardianto, MBA, Ir. Denny Maulasa, MM

Number of Employees 2,825


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 Negara RI (Seri A) 27-Nov-97 1 1
2 First Issue 27-Nov-97 27-Nov-97 430,769,000 430,769,001
3 Company Listing 27-Nov-97 31-Jul-98 799,999,999 1,230,769,000
4 Bonus Shares 30-Jul-02 30-Jul-02 676,922,950 1,907,691,950
5 Stock Split 12-Jul-07 12-Jul-07 7,630,767,800 9,538,459,750

Underwriters
PT Danareksa Sekuritas, PT Pentasena Arthasentosa, PT Bahana Securities
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 43


PT ATPK Resources Tbk. Mining and Mining Services

Head Office Wisma GKBI 39th Floor Summary of Financial Statement


Jl. Jend. Sudirman No. 28
Jakarta 10210 (Million Rupiah)
Phone (021) 5799-8155 2006 2007 2008
Fax (021) 5799-8156
www.atpkresources.com
Operational Office Plaza Bapindo,
Citibank Tower 14th Floor
Jl. Jend. Sudirman Kav. 54-55
Jakarta 12190
Phone (021) 527-5550, Fax (021) 527-6979
Factories - Jl. Bangka No. 47-49
Medan 20231, NSumatra
Phone (061) 415-5747, 415-4840
Fax (061) 456-6748
- Desa Pematang Lalang,
Kec. Percut Sei Tuan
Deli Serdang, North Sumatra
Business Oil and Gas Mining, Power Plan Industry,
Palm Oil Plantation
Company Status PMA

Financial Performance: The Company still suffered net


loss at IDR25.543 billion in 2008, or lower than 2007’s loss at
IDR44.666 billion.
Brief History: Established in Jakarta on September 13th
1999. In first establishment corporate start it business by supply
any various of yarn to textile factories. On first year 2000 start
its business on coal trading in Banjar Baru, South Kalimantan.
On first of 4th quarter year 2000 corporate begin the develop-
ment of Coal Processing Plant Unit 1 (CPU-1) in Nusa Indah,
Bentok and followed by CPU-2 in Pandansari.

Shareholders
UOB Kay Hian Pte., Ltd. 32.39%
Credit Suisse Zurich 12.68%
Kim Eng Securities Pte., Ltd. 10.69%
Pershing LLC Main Custody Account 10.34%
Public 33.90%

44 Indonesian Capital Market Directory 2009


PT ATPK Resources Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Dr. H.M. Wasisto Budiharsoyo, MA President Director Raymond A. Bernadus
Commissioners Anwar Pulukadang, Akhmad Taufik, SE Directors Saur Maruli Silalahi, Socrates Rudy Sirait
Number of Employees 158


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 17-Apr-02 17-Apr-02 275,000,000 275,000,000
2 Company Listing 17-Apr-02 28-Nov-02 135,450,000 410,450,000
3 Right Issue 27-Aug-07 27-Aug-07 410,450,000 820,900,000
4 Warrant I 22-Jan-08 29-Jan-08 2,645,500 823,545,500
5 Warrant I 06-Feb-08 28-Feb-08 1,202,668 824,748,168
6 Warrant I 05-Mar-08 28-Mar-08 968,500 825,716,668
7 Warrant I 02-Apr-08 28-Apr-08 3,004,833 828,721,501
8 Warrant I 08-May-08 30-May-08 78,584,000 907,305,501
9 Warrant I 02-Jun-08 12-Jun-08 913,001 908,218,502
10 Warrant I 16-Jul-08 16-Jul-08 16,500 908,235,002
11 Warrant I 06-Aug-08 06-Aug-08 8,000 908,243,002
12 Warrant I 10-Sep-08 10-Sep-08 5,000 908,248,002
13 Warrant I 05-Jan-09 05-Jan-09 5,000 908,253,002
14 Warrant I 19-Jun-09 19-Jun-09 25,000 908,278,002

Underwriter
PT Usaha Bersama Sekuritas
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 45


PT Bayan Resources Tbk. Mining and Mining Services

Head Office Graha Irama 12th Floor Summary of Financial Statement


Jl. HR. Rasuna Said Blok X-1 Kav. 1-2
Jakarta 12950 (Million Rupiah)
Phone (021) 526-9868 2006 2007 2008
Fax (021) 526-9866, 526-9864
E-mail: corpsec@bayan.comsg
Business Coal Mining
Company Status PMDN

Financial Performance:The Company booked net in-


come at IDR20.710 billion in 2008, or tumbling down from
IDR252.740 billion booked last year. The lower of net income
was partly from increase in other expenses from IDR42.744
billion to IDR101.083 billion.
Brief History: The Bayan Group is engaged in open cut
mining of various coal quality from mines located primarily in
East and South Kalimantan. Being an integrated coal producer
in Indonesia the Bayan Group through its various mines, pro-
duces coal ranging from semi-soft coking coal to environmen-
tally-friendly low sulphur, sub-bituminous coal.
The Bayan Group, through various companies, has ex-
clusive rights to mine under five Coal Contracts of Works
(CCOWs) and three Kuasa Pertambangan’s (KPs) awarded by
the Government of Indonesia over a total concession are of
81,265 Ha/ The Bayan Group coal resources and reserves have
been independently verified and certified to international JORC
standards by third-party mining consultant.
Serving as an integrated coal producer, the Bayan Group
has its own coal loading infrastructure. It owns the largest coal
terminal in Indonesia known as the Balikpapan Coal Terminal lo-
cated in Balikpapan, East Kalimantan, with a throughput capacity
of 15 million metric tones per annum and a stockpiling capac-
ity of approximately one million tones across 16 stockpiles. It
can fully load large Panamax vessels (up to 90,0000 DWT) and
partially load Cape size vessels (up to 200,000 DWT) , making
the Bayan Group an exceptional integrated coal producer. It is
also the only coal producer in the country to operate a Floating
Transfer-Station that can be moved to take advantage of the
location with the greatest demand or to avoid bad weather and
can be positioned to load capsize vessels. These infrastructure
assets complement the logistical aspects of the Bayan Group’s
business and at the same time, provide benefits to take ad-
vantage of ample mining opportunities. Whenever capacity
permits, these infrastructure assets are also readily utilized by
third parties from whom the Bayan Group receives a secondary
source of income.

Shareholders
Low Tuck Kwong 59.05%
Enel Investment Holding. BV. 10.00%
Engki Wibowo 7.88%
Jenny Quantero 3.95%
Dynamic Resources Corporation 2.66%
Empire Management Corporation 1.53%
Public 14.93%

46 Indonesian Capital Market Directory 2009


PT Bayan Resources Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Low Tuck Kwong President Director Chin Wai Fong
Commissioners Michael Sumarijanto, Mauro Montenero, Directors Lim Chai Hok, Engki Wibowo, Jenny Quantero,
Rozik B. Soetjipto Bimo Prakoso Low Yi Ngo, Alastair Mcleod, Russell John Neil,
R. Soedjoko Tirtosoekotjo

Number of Employees 52


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 12-Aug-08 12-Aug-08 333,333,500 333,333,500
2 Founder (Divesment) 12-Aug-08 12-Aug-08 500,000,000 833,333,500
3 Founder (Over allotment) 12-Aug-08 12-Aug-08 125,000,000 958,333,500
4 Company Listing 12-Aug-08 12-Aug-08 2,375,000,000 3,333,333,500

Underwriter
PT Trimegah Securities Tbk

Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart


Stock Price (Rp) Million Shares

7,000 180

160
6,000
140
5,000
120

4,000 100

3,000 80

60
2,000
40
1,000
20

- -
Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09

Institute for Economic and Financial Research 47


PT Bukit Asam (Persero) Tbk. Mining and Mining Services

Head Office Jl. Perigi No. 1 Summary of Financial Statement


Tanjung Enim 31716, Sumatera Selatan
Phone (0374) 451-096 (Million Rupiah)
Fax (0374) 451-095, 451-252 2006 2007 2008
Homepage: www.ptba.co.id
Representative Office Menara Kadin 9th & 15th Floor
Jl. HR. Rasuna Said Blok X-5 Kav. 2-3
Jakarta 12920
Phone (021) 525-4014
Fax (021) 5295-4002
Homepage: www.ptba.co.id
Business Coal Mining Industry
Company Status BUMN

Financial Performance: The Company has managed to


book net profit at IDR920.568 billion in 2008, rising from
IDR286.387 billion in 2007. The net profit increase was in line
with the net sales which stepped up from IDR1.234 trillion to
IDR2.330 trillion.
Brief History: Established on March 2nd 1981 in Tanjung
Enim as PT. Tambang Batubara Bukit Asam. However the mine
working has been exploited since 1919 under Government of
Netherland Indie. Take over by Japan on 1942, and nationalized
by Indonesian Government on 1945. On October 30th 1990,
government merged Perum Tambang Batubara, Sawahlunto in
the corporate.
On 1983, corporate assigned by government to develop
coal briquet.

Shareholders
Indonesia Government 65.02%
Public 34.98%

48 Indonesian Capital Market Directory 2009


PT Bukit Asam (Persero) Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Supriyadi President Director Ir. Sukrisno
Commissioners Umiyatun Hayati Sri Astuti, Abdul Latief Baky, Directors Milawarma, Heri Supriyanto, Dono Boestami,
Thamrin Sihite, Suranto Soemarsono Tiendas Mangeka, Mahbub Iskandar

Number of Employees 3,124


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 23-Dec-02 23-Dec-02 346,500,000 346,500,000


2 Company Listing 23-Dec-02 23-Dec-02 1,785,000,000 2,131,500,000
3 Warrant 14-Dec-04 12/28/20054 172,631,850 2,304,131,850

Underwriter
PT Danareksa Sekuritas

Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 49


PT Bumi Resources Tbk. Mining and Mining Services

Head Office Wisma Bakrie II 7th Floor Summary of Financial Statement


Jl. HR. Rasuna Said Kav. B-2
Kuningan, Jakarta 12920 (Million Rupiah)
Phone (021) 5794-2080 2006 2007 2008
Fax (021) 5794-2070
Website: www.bumiresources.com
Branch Office - Hotel Le-Meridien, Tashkent Uzbekistan
2, Uzbekistan Ovozi Street
Tahkent 700000-Rep. Of Uzbekistan
998-711-206600/998-711-206330
Business Coal ,Oil and Gas Exploration
Company Status PMDN

Financial Performance: Net income stepped down in


2008 to USD645 million from USD789 million in 2007. The
Company recorded other expense at USD74.989 million ver-
sus other income at USD449.471 million in 2007.
Brief History: The company was established in 1973, and
has a primary business in the hotel and tourism industry. The
company has five star hotel located on 1.3 Ha land in the prime
business district in Surabaya, East Java began its commercial op-
eration in 1979. Since 1994, the company also leases 12 service
apartments to business community, most of them are foreigner.
In 2000, management announced a refocusing of the company’s
operations from the hotel business to the oil and natural gas in-
dustry, which according to management, offered brighter pros-
pects. This shift in operations will put the company in a more
competitive position.

Shareholders
PT Bakrie & Brothers 14.28%
Jupiter Asia No. 1 Pte., Ltd. 4.30%
PT Samuel Sekuritas Indonesia 3.69%
JP Morgan Chase Bank Na Re Nominees Ltd. 1.95%
Bank Of New York 1.89%
Public 73.89%

50 Indonesian Capital Market Directory 2009


PT Bumi Resources Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Suryo Bambang Sulisto President Director Ari Saptari Hudaya
Commissioners Sulaiman Zuhdi Pane, Directors Eddie Junianto Soebari, Kenneth Patrick Farrel
Iman Taufik, Nalinkant A. Rathod,
Jay Abdullah Alatas, Fuad Hasan Masyhur, Number of Employees 6,315
Anton Setianto Soedarsono, Kusumo A. Martoredjo


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 30-Jul-90 30-Jul-90 10,000,000 10,000,000


2 Partial Listing 18-Mar-91 25-Mar-91 25,000,000 35,000,000
3 Right Issue 30-Jun-93 30-Jun-93 10,000,000 45,000,000
4 Stock Split 29-Sep-97 29-Sep-97 45,000,000 90,000,000
5 Bonus Shares 30-Sep-97 30-Sep-97 108,000,000 198,000,000
6 Right Issue 24-Nov-97 24-Nov-97 594,000,000 792,000,000
7 Right Issue 26-May-00 26-May-00 18,612,000,000 19,404,000,000

Underwriter
PT Bakrie Securities
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 51


PT Central Korporindo Internasional Tbk. Mining and Mining Services

Head Office Wisma Metropolitan II 11th Floor Summary of Financial Statement


Jl. Jend. Sudirman Kav. 29
Jakarta 12920 (Million Rupiah)
Phone (021) 251-0603 2006 2007 2008
Fax (021) 521-0605
Homepage: www.cenko.com
Operational Office Jl. Gatot Subroto Raya No. 27, RT 32
Banjarmasin, Kalimantan Selatan
Business Coal Processing and trading
Company Status PMDN

Financial Performance: The Company booked net profit


at IDR1.646 billion in 2008, increasing from IDR1.495 billion
booked in 2007.
Brief History: PT. Central Korporindo Internasional Tbk
was established in September 1999. This company is special-
izing it self in coal based industry. It started the business as a
coal merchant.
Thourgh the development, it has its own concession and
port now a days. The board of commissioners and directors
based the company management on the professionalism with
a target focused on the product quality and services for the
customer satisfaction.
By full support of system and technology, competent
organization and qualified resources. PT. Central Korporindo
Internasional Tbk. went public in 2001, it is the company’s ob-
jective to always maximize its shareholders benefit, the com-
pany keeps on looking for some further development in areas
which can optimize its specialist in coal based industry. Power
Plants industries are the ones that can serve the goal.

Shareholders
PT Saibatama Internasional Mandiri 25.31%
Sherin Ku Siew Wah 9.82%
Danny Tanoto, Bsc 6.46%
Ku Chee Heong 5.74%
PT Sinarmas Sekuritas 5.54%
Public 47.13%

52 Indonesian Capital Market Directory 2009


PT Central Korporindo Internasional Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Wiwik Sukarno President Director Erry Indriyana, SE
Commissioners Dr. Ir. Syoni Soepriyanto, Msc, Directors Andri Cahyadi, BIE, Ir. Sudarwanta,
Ir. Bambang Muljodjati, Trias Nugroho Jansen Surbakti, SE, Ak, Pudjianto Gondosasmito, SE
Number of Employees 57


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 21-Nov-01 21-Nov-01 800,000,000 800,000,000
2 Company Listing 21-Nov-01 30-Jun-02 1,500,000,000 2,300,000,000
3 Reverse Split 19-Nov-03 19-Nov-03 -2,185,000,000 115,000,000
4 Right Issue 19-Jan-04 19-Jan-04 3,220,000,000 3,335,000,000
5 Warrant 18-May-05 18-May-05 25,000,000 3,360,000,000
6 Warrant Seri II 8-Jun-05 8-Jun-05 22,500,000 3,382,500,000
7 Warrant Seri II 30-Aug-05 30-Aug-05 20,000,000 3,402,500,000
8 Warrant Seri II 22-Feb-06 22-Feb-06 2,750,000 3,405,250,000
9 Warrant Seri II 23-May-06 23-May-06 2,700,000 3,407,950,000
10 Warrant Seri II Jun-06 Jun-06 2,600,000 3,410,550,000
11 Warrant Seri II 7-Jul-06 31-Jul-06 7,400,000 3,417,950,000
12 Warrant Seri II 9-Aug-06 24-Aug-06 120,000,000 3,537,950,000
13 Warrant Seri II 1-Sep-06 22-Sep-06 200,000,000 3,737,950,000
14 Warrant Seri II 12-Oct-06 12-Oct-06 2,800,000 3,740,750,000
15 Warrant Seri II 13-Nov-06 30-Nov-06 4,450,000 3,745,200,000
16 Warrant Seri II 8-Dec-06 22-Dec-06 96,500,000 3,841,700,000
17 Warrant Seri II 2-Jan-07 11-Jan-07 39,270,505,484 43,112,205,484

Underwriter PT Asjaya Indosurya Securities


Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 53


PT Citatah Industri Marmer Tbk. Mining and Mining Services

Head Office Jl. Tarum Timur No. 64 Summary of Financial Statement


Desa Tamelang, Kec. Cikampek
Karawang 41373 (Million Rupiah)
Phone (0264) 317-577 2006 2007 2008
Fax (0264) 310-808
Email: citatah@citatah.co.id
Factory Jl. Tarum Timur No. 64
Desa Tamelang, Kec. Cikampek
Karawang 41373
Phone (0264) 317-577
Fax (0264) 310-808
Email: citatah@citatah.co.id
Showroom Jl. Pinangsia III #31
Jakarta 11120
Phone (021) 690-7510
Business Mining and processing marble, granite, natural
stone and construction material
Company Status PMDN

Financial Performance: The Company booked net income


at IDR3.504 billion in 2008, versus net loss at IDR12.339 billion
in 2007.
Brief History: The Company was the first private com-
pany to develop Indonesia’s marble resources, and has been
involved in the extraction and processing of marble for twenty
five years. Established in 1974, the Company began mining beige
marble from its quarry near Bandung, and subsequently achieved
a dominant market position for its material in Indonesia. The
Company is involved in the extraction, processing and distribu-
tion of marble and other stone materials.
Its extensive quarry sites, large capacity modern process-
ing facilities and international sales network combine to make
PT Citatah one of the largest, fully integrated marble producers
in the world.

Shareholders
Parallax Venture Partners XIII 18.90%
BNP Paribas Limited Singapore 9.40%
Advance Capital Limited 7.03%
Meridian-Pacific International Pte., Ltd. 5.82%
PT Alpha Sekuritas 5.81%
Investspring Limited 5.26%
Public 47.78%

54 Indonesian Capital Market Directory 2009


PT Citatah Industri Marmer Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Arif Sianto President Director Taufik Johannes
Commissioners Ismail Husin, Gregory Nanan Aswin Directors Sergio Magliocco, Denise Johanes, Tiffany Johanes

Number of Employees 931


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 03-Jul-96 03-Jul-96 44,000,000 44,000,000


2 Company Listing 03-Jul-96 10-Feb-97 82,000,000 126,000,000
3 Additional Listing 28-Nov-02 28-Nov-02 714,000,000 840,000,000
4 Additional Listing Without
Pre-emptive Rights 5-Nov-07 5-Nov-07 390,839,821 1,230,839,821

Underwriter
PT Lippo Securities Tbk
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 55


PT Elnusa Tbk. Mining and Mining Services

Head Office Graha Elnusa 16th Floor Summary of Financial Statement


Jl. TB. Simatupang Kav. 1B
Jakarta 12560 (Million Rupiah)
Phone (021) 7883-0850 2006 2007 2008
Fax (021) 7883-0883, 7883-0907
Telex: 60739 BER IA
Email: corporate@elnusa.co.id
Website: www.elnusa.co.id
Business Mining (Oil and Gas)
Company Status PMDN

Financial Performance: The Company booked net profit


at IDR133.772 billion in 2008, or increasing compare to previ-
ous year profit at IDR100.009 billion. The higher net profit was
due to net sales increase from IDR2.103 trillion to IDR2.543
trillion.
Brief History: ELNUSA is present amidst Indonesia ‘s
flourish oil and gas business development. Born as the Indonesia
‘s oil and gas pioneers’ idea, in 1969, ELNUSA was initially a
subsidiary of PT Pertamina. ELNUSA started its operation as a
provider of electronic communications equipment, ship naviga-
tion and radar system for oil and gas carriers in Indonesia .
ELNUSA’s long business journey has encountered vari-
ous challenges, yet it has managed to stand still surfing the oil
and gas business turmoil in 1980s and survived the 1998’s eco-
nomic crisis as well . ELNUSA, along with its subsidiaries has
turned into an integrated oil and gas service provider which
has received customer’s remarkable trusts. Not only has trust
been given by PT Pertamina, the parent company, it has also
been delivered by a couple of prominent multi-national partner
companies such as Chevron, Total EP, Shell, ConocoPhillips, BP
and so on.
The demand for business development has made ELNUSA
undertake necessary reposition. On October 2007, four of its
subsidiaries which were the back-bone of the company’s oil
and gas service business were merged into the parent company
along with a horizontal merge which was intended to strength-
en the main business. This is a reposition which was meant
to materialize ELNUSA as a business player which focuses on
upstream integrated oil & gas services.
The new position has made it certain for ELNUSA fully
confidenced into the upstream integrated oil and gas service
business both in domestic and overseas markets. The trust it
has earned and its commmitment to putting quality excellence
first priority along with its extensive experience in oil and gas
business has become ELNUSA’s major capital in running the
growing integrated oil and gas business, in response to the
stronger price of oil and gas in the international market.

Shareholders
PT Pertamina (Persero) 41.67%
PT Tri Daya Esta 37.67%
Public 20.66%

56 Indonesian Capital Market Directory 2009


PT Elnusa Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Waluyo President Director Eteng Ahmad Salam
Commissioners Soehandjono, Anton Sugiono, Directors Eddy Sjahbuddin, M. Jauzi Arif,
Sahat Manuntun Hari Kustoro, Surat Indrijarso Santun Nainggolan, Lucy Sycilia

Number of Employees 1,776


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 06-Feb-08 06-Feb-08 1,460,000,000 1,460,000,000


2 Company Listing 06-Feb-08 06-Feb-08 5,838,500,000 7,298,500,000

Underwriter
PT Mandiri Sekuritas
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 57


PT Energi Mega Persada Tbk. Mining and Mining Services

Head Office Wisma Mulia 33rd Floor Suite 2803 Summary of Financial Statement
Jl. Jend. Gatot Subroto Kav. 42
Jakarta 12710 (Million Rupiah)
Phone (021) 5290-6250 2006 2007 2008
Fax (021) 5290-6254
Business Exploration and Products
(Natural Oil and Gas)
Company Status PMDN

Financial Performance: The Company booked net loss at


IDR34.943 billion in 2008 versus net income booked in 2008
at IDR115.638 billion. Net loss was partly because of other
expense increased from IDR215 billion to 563 billion.
Brief History: PT. Energi Mega Persada was established in
Jakarta on October 16th 2003, at the date of the establishment
the Company engaged in management service of the Oil and
Natural Gas company. In 2003 the Company has been changes
and expands its core business into exploration, development,
and produce Oil and Natural Gas onshore and offshore.

Shareholders
PT Bakrie & Brothers Tbk 43.20%
PT Brantas Indonesia 3.83%
PT Kondur Indonesia 1.80%
Rennier Abdul Rahman Latief 0.38%
Public 50.79%

58 Indonesian Capital Market Directory 2009


PT Energi Mega Persada Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Ari S. Hudaya President Director Christopher Basil Newton
Commissioners Ir. Drs. Qoyum Tjandranegara, Directors Yuli Soedargo, Imam Pria Agustino
Sulaiman Zuhdi Pane, Ir. Suyitno Patmosukismo,
Nalinkant Amratlal Rathod Number of Employees 530


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 7-Jun-04 7-Jun-04 2,847,433,500 2,847,433,500
2 Company Listing 7-Jun-04 26-Jan-05 6,644,011,677 9,491,445,177
3 Pre-emptive Rights 2-Feb-06 2-Feb-06 4,909,368,195 14,400,813,372

Underwriter
PT Danatama Makmur

Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 59


PT Indika Energy Tbk. Mining and Mining Services

Head Office Mitra Building 7th Floor Summary of Financial Statement


Jl. Jend. Gatot Subroto Kav. 21
Jakarta 12930 (Million Rupiah)
Phone (021) 2557-9888 2006 2007 2008
Fax (021) 2557-9800
Website: www.indikaenergy.com
Business Energy Investment Services
Company Status PMDN

Financial Performance: Net profit surged to IDR1.084 tril-


lion in 2008 from IDR264.969 billion in 2007. The higher net profit
was in line with other income increase from IDR146.067 billion to
IDR1.064 trillion.
Brief History: PT Indika Energy Tbk (”Indika Energy”) is an
integrated Indonesian energy company, providing integrated en-
ergy solutions through its complementary investments in the areas
of energy resources, energy services and energy infrastructure.
Established in 2000, Indika Energy (previously known as PT Indika
Inti Energi) has grown into a leading integrated energy group through
strategic investments in the areas of coal production (PT Kideco
Jaya Agung), Engineering, Procurement and Construction (EPC)
services (PT Tripatra Engineers & Constructors and PT Tripatra
Engineering), and power generation projects (PT Cirebon Electric
Power). At the end of 2007, Indika Energy reported consolidated
net assets of Rp 5.0 trillion (US$ 531.9 million), revenues of Rp 2.3
trillion (US$ 248.1 million), and net profits of Rp 264.9 billion (US$
28.1 million). Indika Energy employs 689 staff throughout Indonesia.
PT Kideco Jaya Agung (Kideco) is Indonesia’s third largest coal
producer measured by production. Kideco began commercial pro-
duction with 1.4 million tons in 1993 and has consistently increased
annual production bringing it to 20.5 million tons in 2007. Kideco
is one of the lowest cost coal producers in Indonesia operating
a 50,400-hectare concession area in Pasir, East Kalimantan and
it holds coal mining rights under the first generation of the Coal
Contract of Work (CCOW) with the Government of Indonesia
until 2023. Kideco’s customers include leading power generation
companies across 15 countries in Asia, Europe and North America.
PT Tripatra Engineers & Constructors and PT Tripatra Engineering
(Tripatra) is Indonesia’s leading providers of logistics, engineering,
procurement and construction (EPC) services to the Indonesian
energy sector. Established in 1973, Tripatra has established a
proven track record in the EPC market with a diverse client base
consisting of international and major domestic companies in the
energy and infrastructure sectors, including ExxonMobil, Chevron,
BP, Hess, Conoco Phillips, Telkom, PGN, and Excelcomindo.
Established in April 2007, PT Cirebon Electric Power (CEP) is an
international consortium-led power generation project involv-
ing leading international players in the energy and infrastructure
sectors in Asia, including Marubeni Corporation, Korea Midland
Power, and Samtan. This 660-megawatt power generation project
located in Cirebon, West Java, will be equipped with the latest
and most advanced ultra/super-critical boiler technology designed
to consume low-calorific coal. The project, which will require a
total investment of US$779 million, is expected to be completed
in 2011.

Shareholders
PT Indika Mitra Energi 56.00%
PT Tunas Bhakti Manunggal 17.12%
Ir. Pandri Prabono Moelyo 4.44%
Eddy Junaedy Danu 1.56%
Ir. Wadyono Suliantoro Wirjomihadjo 1.52%
Public 19.36%

60 Indonesian Capital Market Directory 2009


PT Indika Energy Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Wiwoho Basuki Tjokronegoro President Director M. Arsjad Rasjid P.M.
Vice President Commissioner Agus Lasmono Vice President Director Wisnu Wardhana
Commissioners Indracahya Basuki, Anton Wahjo Soedibjo, Directors Pandri Prabono Moelyo,
Muhammad Chatib Basri Wadyono Suliantoro Wirjomihardjo
Azis Armand, Eddy Junaedy Danu

Number of Employees 89


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 11-Jun-08 11-Jun-08 937,284,000 937,284,000


2 Company Listing 11-Jun-08 11-Jun-08 4,269,858,000 5,207,142,000

Underwriters
PT Danareksa Sekuritas, PT Indo Premier Securities, PT Mandiri Sekuritas

Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 61


PT Indo Tambangraya Megah Tbk. Mining and Mining Services

Head Office Ventura Building 8th Floor Summary of Financial Statement


Jl. RA. Kartini No. 26, Cilandak
Jakarta 12430 (Million Rupiah)
Phone (021) 750-4390 2006 2007 2008
Fax (021) 750-4696
Website: www.itmg.co.id
Business Coal Mining
Company Status PMA

Financial Performance: The Company booked net profit


at USD234.925 million in 2008, surged from USD55.785 million
in 2007. Net sale increased from USD771 billion to USD1.316
billion.
Brief History: Established with name PT. Indotambangraya
Megah on September 2nd 1987 in Jakarta. On September 26th
1988 the Company change the name with PT. Indo Tambangraya
Megah. The Company has subsidiaries consist of PT. Indominco
Mandiri, PT.Trubaindo Coal Mining, PT. Bharinto Ekatama,
PT. Kitadin and PT. Jorong Barutama Greston. Until now the
Company concentrated in Coal Mining.

Shareholders
Banpu Minerals (Singapore) Pte., Ltd. 77.60%
Public 22.40%

62 Indonesian Capital Market Directory 2009


PT Indo Tambangraya Megah Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Sutoyo (Sutejo) President Director Somyot Ruchirawat
Commissioners Somruedee Chaimongkol, Rawi Corsiri, Directors Pongsak Thongampai, Aphimuk Taifayongvichit,
Lukmanul Hakim, Ibrahim Yusuf, Mahyudin Lubis, Edward Manurung
Djisman S. Simandjuntak
Number of Employees 2,800


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 18-Dec-07 18-Dec-07 225,985,000 225,985,000
2 Company Listing 18-Dec-07 18-Aug-08 903,940,000 1,129,925,000

Underwriter
PT UBS Securities Indonesia
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 63


PT International Nickel Indonesia (INCO) Tbk. Mining and Mining Services

Head Office Bapindo Plaza-Citibank Tower II, 22nd Floor Summary of Financial Statement
Jl. Jenderal Sudirman Kav. 54-55
P.O. Box 2799, Jakarta 12190 (Million Rupiah)
Phone (021) 524-9000 2006 2007 2008
Fax (021) 524-9020, 524-9030, 524-9010
Factory Sorowako, Kecamatan Nuha, Sulawesi Selatan
Phone (0411) 524-9100, 524-9000
Fax (0411) 524-9575, 524-9020,
Telex 49806 INCO SKO
Business Nickels Mining
Company Status PMA

Financial Performance: The Company has managed to


book net profit at IDR3.934 trillion in 2008, falling significantly
from IDR11.048 trillion in 2007. The net profit decrease was
in line with the net sales which stepped down from IDR21.907
trillion to IDR14.367 trillion.
Brief History: The company was founded on July 25, 1968,
and carries out its operations under a Contract of Work signed
with the Government of Indonesia on July 27 of the same year.
This Contract of Work, which expires on March 31, 2008, em-
powers the company to develop and operate a mining project
for nickel and other specified minerals in a stipulated area on
Sulawesi island.
In 1990, the company floated 49.7 million shares in an
initial public offering, with the shares listed on the Jakarta Stock
Exchange on May 16, 1990. On January 15, 1996, the company
and the government signed an Agreement for Amendment and
Extension of the 1968 Contract of Work, extending the com-
pany’s concession until 2025. Under the terms of the Extension
Agreement, the company agreed to a 50% expansion of the ex-
isting mining and processing facilities at Sorako to 68 thousand
tons of nickel matte per annum. Included in this expansion are
the construction of the fourth smelter line, modifications of
existing facilities to maximize production, and construction of
additional hydropower facilities.
In 2000, the company reached an all-time production re-
cord of 59,200 tons, or 130.5 million pounds of nickel matte,
following the completion of expansion at the end of 1999. The
company has taken a decision to delist from the Surabaya Stock
Exchange because of the almost complete lack of trading activ-
ity in its shares on that exchange and expects to complete this
delisting process in 2001. Meanwhile, its shares continue to be
traded actively on the Jakarta Stock Exchange. The company
proved up new geologic resources in Petea, estimated at 13.6
million tonnes containing 1.79 per cent nickel, which the com-
pany expect to bring into production by 2004. On February 1,
2003, the company signed a Cooperative Resource Agreement
with PT Aneka Tambang with saprolite ore mined by the com-
pany from its Pomalaa East deposit in Southeast Sulawesi.

Shareholders
Vale Inco Limited 60.80%
Sumitomo Metal Mining Co. Ltd. 20.09%
Vale Inco Japan Limited 0.54%
Mitsui & Co Ltd. Japan 0.36%
Sojitz Corporation (d/h Nissho Iwai Ltd.) 0.14%
Sumitomo Corporation 0.14%
Public 17.93%

64 Indonesian Capital Market Directory 2009


PT International Nickel Indonesia (INCO) Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Tito B. Martins President Director Dr. Arif S. Siregar
Vice President Commissioner Peter Poppinga Vice President Director Claudio R. C. Bastos
Commissioners Takeshi Kubota, Naoyuki Tsuchida, Directors Helwanurrachman Djumiril, Ciho D. Bangun
Jennifer A. Maki, Roberto F.D.M. Moretzsohn,
Arief T. Surowidjojo, Rozik B. Soetjipto, Number of Employees 3,448
Marco Aurelio Lopes Pires, Nicolaas D. Kanter


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 16-May-90 16-May-90 49,681,694 49,681,694
2 Company Listing 31-Jan-01 31-Jan-01 198,726,774 248,408,468
3 Stock Split 3-Aug-04 3-Aug-04 745,225,404 993,633,872
4 Stock Split 15-Jan-08 15-Jan-08 8,942,704,848 9,936,338,720

Underwriter
PT Danareksa Sekuritas
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 65


PT Medco Energi Internasional Tbk. Mining and Mining Services

Head Office The Energy 52nd Floor Summary of Financial Statement


Jl. Jend. Sudirman
Jakarta 12190 (Million Rupiah)
Phone (021) 2995-3000 2006 2007 2008
Fax (021) 2995-3001
Email: med@medcoenergi.com
http://www.medcoenergi.com
Business Mining (Energy)
Company Status PMA

Financial Performance: The net profit surging sharply to


IDR3.068 trillion in 2008 from IDR62 billion recorded in 2007.
Brief History: The company, through its majority held
subsidiaries, owns ten deep-well onshore drilling rigs under
PT Meta Epsi Antaredja (MEA), three state-of-the-art offshore
rigs under PT Apexindo, as well as exploration and produc-
tion (E & P) contract areas in East Kalimantan under PT Exspan
Kalimantan and in South Sumatera under PT Exspan Sumatera.
The E & P operation produced an average of some 18,000 bar-
rels of oil and 45 million cubic feet of gas per day in 1995.
On December 1996 the company has raised a US$ 65 million
syndicated loan arranged by PT Meta Epsi Duta Corporation
to strengthening working capital and restructuring business ac-
tivities. In 1997, entered into downstream industry through a
Joint Management Agreement to operate Pertamina’s methanol
plant on Bunyu Island. In 1999, succeeded in company debt re-
structuring, followed by Right Issue of 10:11.
In 2000, acquired 3 new working areas: Simenggaris,
Western Madura, and Senoro/Toili. Also, discovery of oil field
at Soka, South Sumatera. In 2001, discovery of new oil fields
Matra-Nova, Sumatera. In 2002, acquired 25% working inter-
est at the producing TUBAN block. Issued 100 million USD
of Eurobond by MEI Euro Finance Ltd, MEI’s Subsidiary, listed
at Singapore’s Stock Exchange. In 2003, obtained tender for
Merangin-I. MEI Euro Finance Ltd., subsidiary company of MEI,
issued USD 250 million 144A bonds, listed at Singapore Stock
Exchange. Singed several gas supply agreement with PLN. Makes
take over bid for Novus.

Shareholders
Encore Energy Pte., Ltd. 50.70%
PT Medco Duta 2.04%
PT Multi Fabrindo Gemilang 0.06%
PT Medco Energi International Tbk
(Treasury Stock) 11.72%
Public 35.48%

66 Indonesian Capital Market Directory 2009


PT Medco Energi Internasional Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Ir. Hilmi Panigoro, MSc Directors Ir. Darmoyo Doyoatmodjo, MSc, MBA
Commissioners Ir. Yani Yuhani Rodyat, MM, Gustiaman Deru, Lukman Mahfoedz, Ir. D. Cyril Noerhadi, MBA,
Rachmat Sudibjo, Retno Dewi Arifin Larry L. Luckey

Number of Employees 2,849


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 12-Oct-94 12-Oct-94 22,000,000 22,000,000
2 Company Listing 12-Oct-94 13-May-95 79,400,000 101,400,000
3 Bonus Shares 26-Aug-96 26-Aug-96 70,980,000 172,380,000
4 Stock Split 18-Aug-98 18-Aug-98 172,380,000 344,760,000
5 Right Issue 22-Nov-99 22-Nov-99 379,236,000 723,996,000
6 Right Issue 22-Nov-99 22-Nov-99 -57,505,710 666,490,290
7 Stock Split 02-Jun-00 02-Jun-00 2,665,961,160 3,332,451,450

Underwriters
PT Bahana Securities, Merrill Lynch International, Credit Suiess First Boston
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 67


PT Perdana Karya Perkasa Tbk. Mining and Mining Services

Head Office Jl. Sentosa No. 56 Summary of Financial Statement


Samarinda 75117, Kalimantan Timur
Phone (0541) 777-2631, 748-089 (Million Rupiah)
Fax (0541) 777-2520, 738-099 2006 2007 2008
E-mail: corsec@pkpk-tbk.com
Website: www.pkpk-tbk.com
Jakarta Office Wisma Nugra Santana 16th Floor
Jl. Jend. Sudirman Kav. 7-8
Jakarta 10220
Phone (021) 5100-0061
Fax (021) 5100-0062
Business Coal Mining
Company Status PMDN

Financial Performance: Net profit slightly increased to


IDR32.966 billion in 2008 from IDR22.864 billion in 2007.
Brief History: The Company was established with name
PT.Perdana Karya Kaltim on December 7th 1983 in Samarinda.
On December 22nd 2006 the Company Change the name with
PT. Perdana Karya Perkasa. The Scope of PT. Perdana Karya
Perkasa are Coal Mining, Oil and Gas Mining Construction
Services.

Shareholders
Ir. Soerjadi Soedarsono 35.88%
Fanny Listiawati 23.44%
Bambang Ekoyanto 9.55%
Henry Satex 8.17%
PT Perdana Karya Perkasa Tbk
(Treasury Stock) 10.11%
Tukidi 3.91%
Public 8.94%

68 Indonesian Capital Market Directory 2009


PT Perdana Karya Perkasa Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Lie Hendry Widyanto President Director Ir. Soerjadi Soedarsono
Commissioners Fanny Listiawati Directors Tukidi, Soeroso
Istiardjo
Number of Employees 1,107


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 11-Jul-2007 11-Jul-2007 125,000,000 125,000,000


2 Company Listing 11-Jul-2007 11-Mar-2008 475,000,000 600,000,000

Underwriters
PT Investindo Nusantara Sekuritas, PT Danasakti Securities

Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 69


PT Perusahaan Gas Negara (Persero) Tbk. Mining and Mining Services

Head Office Jl. KH. Zainul Arifin No. 20 Summary of Financial Statement
Jakarta 11140
Phone (021) 633-4838, 633-4848 (Million Rupiah)
Fax (021) 633-3080 2006 2007 2008
Homepage: http://www.pgn.co.id
Business Distribution and Commercial (Natural Gas)
Company Status BUMN

Financial Performance: The Company recorded net profit


at IDR633 billion in 2008, falling from IDR1.164 trillion in 2007.
The net profit decrease was supported chiefly by other ex-
penses at IDR3.375 trillion versus IDR1.210 trillion in 2007.
Brief History: Gas Negara was incorporated as a business
entity on May 1965. As the national gas company of Indonesia,
Gas Negara manages and adds value to the gas resources in the
country.
Over the years, Gas Negara has grown to become a fully
integrated gas corporation, involved in wide spectrum of gas
activities.
Currently its business focused on downstream sector,
gas transmission and distribution pipeline operation, marketing
of gas product, trading, gas storing. Gas Negara expanded its
business into the global arena since early 2003. In line with its
vision to become a leading gas national of choice. Gas Negara
continues to expand its business both in Indonesia and overseas
as it journeys toward realizing its vision. Since its privatization
last 2003, Gas Negara has continuously received national and
world class recognition, which are the true reflection of inves-
tor’s confidence from both local and foreign investors toward
Gas Negara’s financial strength, operation and transparency. As
a national leading gas transmission and distribution corporation
Gas Negara has long engaged in integrated downstream gas
business, ranges from transportation and distribution pipeline,
storing as well as trading of natural gas across the nation.

Shareholders
Indonesia Government 56.46%
Public 43.54%

70 Indonesian Capital Market Directory 2009


PT Perusahaan Gas Negara (Persero) Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner DR. Tengku Nathan Machmud President Director Hendi Prio Santoso
Commissioners DR. Ir. Nenny Miryani Saptadji, DR. Ir. Kardaya Warnika, Directors Drs. Djoko Pramono, MBA, Ir. Bambang Banyudoyo, M.Sc,
DR. Ilyas Saad, Drs. Ki Agus Achmad Badaruddin Ir. Michael Baskoro Palwo Nugroho, MM,
Mochtar Riza Pahlevi Tabrani, Drs. Sutikno, M.Si
Number of Employees 1,619
No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 15-Dec-03 15-Dec-03 1,296,296,000 1,296,296,000
2 Company Listing 15-Dec-03 15-Jun-04 3,024,691,000 4,320,987,000
3 MSOP Conversion 13-Dec-04 13-Dec-04 56,943,305 4,377,930,305
4 CB Conversion Seri III Jan-05 Jan-05 84,768,494 4,462,698,799
5 MSOP Conversion 2005 2005 108,144,500 4,570,843,299
6 MSOP Conversion Feb-06 Feb-06 9,242,500 4,580,085,799
7 MSOP Conversion Mar-06 Mar-06 10,417,000 4,590,502,799
8 MSOP Conversion Apr-06 Apr-06 14,480,500 4,604,983,299
9 MSOP Conversion May-06 May-06 8,019,500 4,613,002,799
10 MSOP Conversion Jun-06 Jun-06 2,756,000 4,615,758,799
11 MSOP Conversion 3-Jul-06 25-Jul-06 1,141,000 4,616,899,799
12 MSOP Conversion 3-Aug-06 30-Aug-06 1,976,000 4,618,875,799
13 MSOP Conversion 1-Sep-06 29-Sep-06 1,139,500 4,620,015,299
14 MSOP Conversion 12-Oct-06 31-Oct-06 331,500 4,620,346,799
15 MSOP Conversion 15-Nov-06 30-Nov-06 688,500 4,621,035,299
16 MSOP Conversion II 10-Nov-06 17-Nov-06 341,000 4,621,376,299
17 MSOP Conversion 6-Dec-06 28-Dec-06 477,500 4,621,853,799
18 MSOP Conversion II 4-Jan-07 31-Jan-07 129,301,000 4,751,154,799
19 MSOP Conversion II 1-Feb-07 16-Feb-07 1,587,500 4,752,742,299
20 ESOP Conversion 18-Jan-08 31-Jan-08 6,578,000 4,759,320,299
21 ESOP Conversion 01-Feb-08 19-Feb-08 46,973,388 4,806,293,687
22 ESOP Conversion 04-Aug-08 04-Aug-08 18,373,748,772 23,180,042,459
23 DPP Conversion 16-Apr-09 16-Apr-09 992,724,172 24,172,766,631
Underwriters PT Reksadana Sekuritas, PT ABN AMRO Asia Securities Indonesia
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 71


PT Sugi Samapersada Tbk. Mining and Mining Services

Head Office Jl. Danau Cincin Utara Blok E No. 10B Summary of Financial Statement
Jakarta 14350
Phone (021) 6531-7808 (Million Rupiah)
Fax (021) 6531-7820 2006 2007 2008
E-mail: oil_and_gas@sugi-tbk.com
Business PMDN
Company Status Supplier & Services for Oil and Gas Industry

Financial Performance: The Company booked net profit


at IDR1.783 billion in 2008, falling from IDR3.689 billion booked
in 2007. The higher net profit was in line with the net revenue
which decrease to IDR42.911 billion from IDR54.739 billion.
Brief History: Established in Jakarta as PT. Saranatama
Unimada Gunabina International on March 26th 1990. On 1992,
corporate began the operation as sole agent of diesel generator
leasing company, Aggreko Benerator, Plc., Australia. On 1997,
corporate elected as Daewoo heavy equipments sole agent, but
caused of monetary & political crisis in Indonesia, corporate
return the agency. On 2000, corporate develope the automo-
tive spare parts distributor business, that was handled by PT.
Prima Samapersada (afiliated) which conducted in this business
since 1982. On 2001, corporate continued the agency of HINO
Truck from PT. Indo Samapersada (affiliated) untill now.

Shareholders
PT Graha Samapersada 68.00%
PT Suprasurya Danawan Sekuritas 10.00%
PT Indo Samapersada 6.00%
Public 16.00%

72 Indonesian Capital Market Directory 2009


PT Sugi Samapersada Tbk. Mining and Mining Services

Board of Commissioners Board of Directors


Commissioners Handojo Prawiro, Lukman Kutomi President Director DR. Sugiapto Trisna, MBA
Director Gatot Sanjoto Rahardjo

Number of Employees 17


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 19-Jun-02 19-Jun-02 100,000,000 100,000,000
2 Company Listing 19-Jun-02 29-Jan-03 300,000,000 400,000,000
3 Warrant 23-May-03 23-May-03 23,000 400,023,000
4 Warrant 10-Jun-03 10-Jun-03 515,000 400,538,000
5 Warrant 17-Jun-03 17-Jun-03 959,000 401,497,000
6 Warrant 23-Jun-03 23-Jun-03 367,500 401,864,500
7 Warrant 4-Jul-03 4-Jul-03 2,673,000 404,537,500

Underwriter
PT Millennium Atlantic Securities
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 73


PT Timah Tbk (Persero). Mining and Mining Services

Head Office Jl. Jenderal Sudirman No. 51 Summary of Financial Statement


Pangkalpinang, Bangka 33121
Phone (62-171) 425-8000 (Million Rupiah)
Fax (62-171) 432-323, 311-053 (pending) 2006 2007 2008
E-mail: timah@pt.timah.co.id
Homepage: http://www.timah.com
Representative Office Jl. Merdeka Timur No. 15 Jakarta 10110
Phone (021) 344-4001, 344-4011
Fax (021) 344-4002, 344-4012
Business Tin Mining
Company Status BUMN
Financial Performance: Net profit decreased in 2008 to IDR1.342
trillion from IDR1.784 trillion in 2007.
Brief History: The company represents a merger of three Dutch
mining companies with operations in Indonesia: Bangkatinwinning,
Gammenschappelijke Mijnbow Maatschappij Billiton and NV Singkep
Exploitatie Tin. The operational area of the company encompasses
Bangka Island, Karimun Island, and coastal areas of Sumatra. Of its
786,657 ha of mining rights, 458,134 ha are onshore, the remainder
being offshore. In 1994 Tambang Timah produced 34 thousand tons of
tin, marketed under the trade names Bangka, Mentok, and Bangka Low
Lead (BLL). Bangka tin is of a minimum 99.50% purity, while Mentok tin
is of a minimum 99.85% purity. BLL is of the same quality as Bangka, but
with the lead content reduced from 0.036 to 0.02 %, or to a maximum
of 0.05% on request. Commercially viable by-products are monazite,
ilurenite, zircon, and xenotime. Approximately 95% of the tin produc-
tion is destined for North America, Europe, and Asia, the remainder
used to satisfy domestic demand. The first of the two wholly-owned
subsidiaries is PT Indometal Limited, London, the marketing agent for
Europe. The other is Indometal Corporation, New York, responsible
for marketing in North America. On going public, Tambang Timah
undertook dual listing on the Indonesia capital market and the London
Stock Exchange (LSE). The company listed 50.33 million (10%) of its
series B shares on the Jakarta Stock Exchange (JSX) and the Surabaya
Stock Exchange (SSX), offering shares at Rp 2,900 each. Company list-
ing was done at the same time, bringing the total number of listed
shares to 503.30 million. On the LSE, the company listed 125.825 mil-
lion shares (25%) in the form of global depository receipts (GDRs).
The company also has a 20% interest in PT Koba Tin, a joint ven-
ture with Kajiro Mining Corporation Limited of Australia established
to mine mining in the Bangka island chain. The company has set the
year 2000 as its target for becoming a multi commodity producer.
To achieve this it began mining gold at Natal, North Sumatra, and in
Kalimantan, with an initial investment of Rp 100 billion. The company
won government concessions in February 1997 to explore for gold
and coal in Sumatra, Kalimantan and east Java. To bolster operations,
the company formed three new subsidiaries: PT Timah Investment
Mineral, PT Kutaraja Tembaga Raya and PT Dok & Perkapalan Air
Kantung. Then the company went on to construct Belinyu Industrial
Estate on a 1,500 ha site in Bangka Island. With a mix of both local
and foreign investor interest, this industrial estate is placed under the
joint management of the company and the local provincial and regional
government. Around mid-May this year, the company is scheduled to
acquire a stakeholding in PT Berau Coal, a company in the Astra group
involved in coal mining operations. Also about to be purchased are
shares in PT Kaltim Prime Coal and Tambang Emas Okiral. As ap-
proved by the 1998 General Meeting of Shareholders, Tambang Timah
will function as holding company, responsible primarily for long term
strategic planning and overall operations of its subsidiaries. All mining
facilities, support operations and company assets will be moved to
subsidiaries PT Perseroan Industri and PT Perseroan Explorasi. This
stock is now trading on the London Stock Exchange. The proposed
privatization of this company has reportedly been postponed until re-
structuring is complete, with Aneka Tambang as holding company of
six subsidiaries.
Shareholders
Government 65.00%
Public 35.00%

74 Indonesian Capital Market Directory 2009


PT Timah Tbk (Persero). Mining and Mining Services

Board of Commissioners Board of Directors


President Commissioner Ismerda Lebang President Director Wachid Usman
Commissioners Dr. R. Sukhyar, Boni Siahaan, Fachri Ali, Directors Setyo Sardjono, M. Krisna Syarif,
Wimpy S. Tjetjep Ir. Surawardi, MM, Gatut Hari Prasetyo
Number of Employees 4,598


No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 Negara RI (Seri A) 19-Oct-95 1 1
2 Negara RI (Seri B) (C/L) 19-Oct-95 27-May-96 327,146,999 327,147,000
3 First Issue 19-Oct-95 19-Oct-95 50,330,000 377,477,000
4 First Issue (LN) 19-Oct-95 19-Oct-95 125,825,000 503,302,000
5 Stock Split 08-Aug-08 08-Aug-08 4,529,718,000 5,033,020,000

Underwriters
BZW Ltd (Lead Underwriter)
PT Niaga Securities, PT Pentasena Arthasentosa
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 75

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