PT Indika Energy Tbk. held its Annual General Meeting of Shareholders (AGMS) and Public Expose on Wednesday, 15th May 2013 at the Ritz Carlton, Jakarta.
In 2012, Indika Energy reported Net Profit of US$68.7 million on Net Revenue of US$749.7 million. Indika Energy has declared final dividends payment of US$19 million, or US$0.003647 per share. This represents approximately 27.7% of Indika Energy's 2012.
At this AGMS, changes to PT Indika Energy Tbk. Board of Commissioners and Directors were also announced. The composition of the Board of Commissioners and the Board of Directors of the Company as of the closing of this AGMS are as follows:Board of Commissioner
|President Commissioner||:||Mr. Wiwoho Basuki Tjokronegoro|
|Vice President Commissioner||:||Mr. Agus Lasmono|
|Commissioner||:||Mr. Indracahya Basuki|
|Commissioner||:||Mr. Pandri Prabono-Moelyo|
|Independent Commissioner||:||Mr. Anton Wahjosoedibjo|
|Independent Commissioner||:||Mr. Dedi Aditya Sumanagara|
|President Director||:||Mr. Wishnu Wardhana|
|Vice President Director||:||Mr. M. Arsjad Rasjid P.M.|
|Director||:||Mr. Azis Armand|
|Director||:||Mr. Eddy Junaedy Danu|
|Director||:||Mr. Rico Rustombi|
|Director||:||Mr. Joseph Pangalila|
|Non-affiliated Director||:||Mr. Richard Bruce Ness|
During this AGMS, Mr. Wadyono Suliantoro Wirjomihardjo is also appointed as Advisor to the Board of Directors.
Indika Energy will be undertaking a re-focussing of roles in the functions of the Group CEO and COO in the Board of Directors. Mr. Wishnu Wardhana now assumes the appointment of President Director and Group CEO, and Mr. M. Arsjad Rasjid P. M. assumes the appointment of Vice President Director and Group COO of PT Indika Energy Tbk.
Since 2008, Indika Energy has grown significantly and expanded the company operations and business units across the coal mining value chain, from exploration, production and transhipment through to the delivery of energy to the end users. Structurally and operationally, Indika Energy has become a very different company as a result of its inorganic growth as well as expansion of business in the energy services, energy resources and energy infrastructure sectors over the past five years.
President Director of PT Indika Energy Tbk., Wishnu Wardhana said "The corporate destination statement in the Company's vision and mission statements clearly set out where Indika Energy aspires to arrive, as a leading world-class energy company with integrated operations and underpinning synergies built from a high performance internal culture."
"Given how Indika Energy has grown operationally and with our strategic focus as an Indonesia integrated energy company that is connected to a dynamic global energy market and faced with both fresh challenges and new opportunities for business development, our focus is to consolidate our business and derive synergies along the business value chain, while at the same time capitalizing synergies for new opportunities emerging in the Indonesian energy sector," he added.
"To ensure the Company is on track towards this goal, both Mr. Wardhana and I will collaborate closely with the Board of Directors and the Board of Commissioners to refocus on alignment and the operation performance of all business units, including integration and consolidation for greater synergies," said Mr. M. Arsjad Rasjid P.M.