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.
PT Samindo Resources Tbk. (MYOH), a coal mining contractor, allocates 80% of its 2017 net profit for dividends to shareholders.
President Director of PT Samindo Resources Kim Jung Gyun conveyed, same as 2016 fiscal year, this year the company allocates 80% of net profit from fiscal year 2017 for dividend.
"The benefit of our shareholders is prioritized because we have been able to benefit many people and the government of Indonesia for 25 years," he said on Monday (26/2).
Currently, it is still in the process of auditing the financial statements, so it can not mention the achievement of net profit in 2017. Meanwhile, the dividend decision will be taken in the General Meeting of Shareholders (AGM) in early May 2018.