Message From Director

The Synergy
to Move Forward

CEO Message,

Dear our valued partner,

2019 was a year full of challenges for almost all industrial sectors in the country, especially for the mining industry such as coal where the Newcastle Index had touched the lowest level of USD58.2 per ton. However, the productivity of the ABM Group continues to increase and profitability throughout 2019 remains positive.

During year 2019, we also continued to strive to uphold the discipline of Corporate Governance, and for this hard work, we received recognition and several prestigious awards from the Ministry of Environment & Forestry for the Watershed Rehabilitation Inspiratory program in Tiwingan region, South Kalimantan; then also from Bappenas on the event Indonesia Sustainable Development Goals (SDGs) Award related to the program to build village independence through the Village Owned Enterprises (Bumdes), and the program to build the Sultan Adam Forest Estate, South Kalimantan. In addition, ABM also received a Gold Rating at the 2019 Asia Sustainability Report Rating; was also listed as a Top 50 Mid Cap Public Listed Company for the implementation of Good Corporate Governance (GCG) from IICD and won 2nd place in the category of Non-Financial Private Companies in the 2018 Annual Report Award obtained at the end of 2019.

Entering year 2020, ABM Group will continue to maintain business continuity by always implementing GCG in each of its business operations, as well as continuing the Mining Value Chain strategy and synergy across all subsidiary lines of the ABM and Tiara Marga Trakindo Group, so that our performance will always remain positive when the price of coal was corrected.

ABM Investama as a company that provides coal supply chain services and integrated mining solutions in the country will strive to provide added value to each shareholder and provide the best service for all our stakeholders.

We are very optimistic entering 2020, by maintaining the good governance in carrying out our business operations, and with the support of stakeholders, we believe it will help build the ABM Group into a company with integrated energy ecosystems to continue to grow with our stakeholders .

On behalf of the management of ABM Group, I would like to express my appreciation and gratitude to all business partners, investors, banking partners and other stakeholders for their support and trust throughout 2019 and to provide the best wishes for 2020 for all of us. Happy New Year and good luck always accompany our steps together.

Andi Djajanegara