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.
Bisnis.com, JAKARTA - PT Samindo Resources Tbk. (MYOH) is increasingly serious in its plan to acquire coal mines to smooth coal-fired power plant projects.
MYOH President Kim Jung Gyun said the Samtan Group is currently targeting several coal mines. In addition to Indonesia, the group is also eyeing a mine in Australia.
However, he continued, the company will only focus on the acquisition of coal mines in Indonesia. Only, he considered the investment for the plan requires large funds and takes time.
"Therefore, we are reviewing it before making a decision, we see some mines," he said on Wednesday (26/7/2017).
The company, he added, is looking for a coal mine that has large reserves so that the funding needs are estimated to be large. Therefore, the company needs time to review it before making a decision.
MYOH Operational Director Ahmad Saleh said the mine acquisition plan is expected as soon as possible. He considered the company should have its own mine.
The effort, he added, to smooth the entry into coal steam power plant business (PLTU) coal which is currently government policy leads to PLTU Mulut Tambang.
"Inevitably, we must have our own mine, or partners to be able to do this," he said.