Samindo Resources is a prominent investment holding corporation and also a public listed company in Indonesia, engaged in integrated coal mining services industry. As an integrated coal mining service company, we deliver the service that can provide solutions in every stage of coal mining operation.
The scope of Samindo Resources business includes four main activities in an integrated coal mining process. The company owns the majority of shares in four subsidiaries and operates two mining concessions in the province of East Kalimantan.
Samindo Resources shares are owned by various leading entities. Our goal is to create shareholder value in the long run by ensuring that we always stride for better performance.
Good Corporate Governance (GCG) is a reference for companies in running their daily operations to ensure that their operations are well manage. In line with the increased activity undertaken by PT Samindo Resources Tbk, the application of GCG principles is also increasing.
The practice of Corporate Social Responsibility (CSR) has the primary purpose of ensuring that the social interests of various stakeholder groups of Samindo Resources can be fulfilled appropriately and proportionately, especially for people living around the Company’s working environments.
KONTAN.CO.ID - JAKARTA. PT Samindo Resources Tbk (MYOH) has absorbed capital expenditure of around US $ 14.6 million from this year's total capital expenditure of US $ 17.7 million. This total capital expenditure grew by 27.33% from last year's capital expenditure of US $ 13.98 million.
Samindo Resources Investor Relations, Ahmad Zaki until June has been absorbed for the purchase of heavy equipment.
In a previous Kontan note, this year MYOH increased production capacity by buying 10 dump trucks. The 10 dump trucks have a transport capacity of 100 tons for the operational activities of coal cover rock removal.
To buy 10 dump trucks, they allocated US $ 14.6 million and US $ 30 million to be used to support coal transportation activities. "Capital expenditure has been absorbed for OB and coal getting around US $ 14.6 million," he said, Wednesday (8/21).
He said that now the utilization rate of their heavy equipment has reached 80%. He added that the downward trend in coal prices did not affect the company's performance directly, Zaki claimed there was no decline in mining service prices.
https://industri.kontan.co.id/news/samindo-resources-myoh-sudah-serap-belanja-modal-us-146-juta
