PT Bumi Resources Tbk : BUMI RANKED “TOP 50 MID CAP PUBLIC LISTED COMPANY” FOR CORPORATE GOVERNANCE 2022 BY IICD
May 30, 2022 at 11:49 am
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BUMI RANKED "TOP 50 MID CAP PUBLIC LISTED COMPANY" FOR CORPORATE GOVERNANCE 2022 BY IICD
Jakarta, 30 May 2022
PT Bumi Resources Tbk. ("BUMI" or "Company") is selected in Top 50 Mid Capitalization Public Listed Company 2022 category. This award was given by the Indonesian Institute for Corporate Directorship (IICD) at the 13th IICD Corporate Governance Award 2022 in Jakarta 27 May 2022.
The event was also attended by the Vice President of the Republic of Indonesia for the 2009-2014 period, Boediono who gave closing remarks, IICD Chairman Sigit Pramono and company representatives. This award is given to issuers who have implemented Good Corporate Governance (GCG) practices in the previous year and are not related to serious cases that are contrary to GCG principles. There are two groups assessed, namely 100 issuers with the largest market capitalization (Big Cap) and 100 issuers with medium market capitalization (Mid Cap). As for the use of the assessment method based on the Asean CG Scorecard conducted by 10 qualified IICD assessors.
Picture: Top 50 Mid-Capitalization Public Listed Company Trophy for BUMI at The 13th IICD Award 2022.
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Adika Nuraga Bakrie - President Director of BUMI highly appreciates the achievements made by the Company in improving Corporate Governance practices. "We greatly value this recognition from an independent institutions like Indonesian Institute for Corporate Directorship (IICD). This will spur BUMI towards greater business success and corporate accountability and enhance value of the Company," said Adika.
For further information, please contact:
Dileep Srivastava
Director & Corporate Secretary
PT Bumi Resources Tbk.
Tel
(62-21) 5794 2080
Fax
(62-21) 5794 2070
email
dileep@bumiresources.com
www.bumiresources.com
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PT Bumi Resources Tbk published this content on 30 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 May 2022 15:48:08 UTC.
PT Bumi Resources Tbk is an Indonesia-based holding company. The Company is engaged in mining activities. Its business activities focus on two main business lines, namely coal and minerals. It classifies its products and services into five core business segments: holding company, coal, services, oil and gas, and gold. The coal mining activities comprise exploration and exploitation of coal deposits (including mining and selling coal). It owns coal reserves and coal resources in Indonesia. The Company has widespread operational areas ranging from North Sumatra (Dairi Prima Mineral), South Sumatra (Pendopo Energi Batubara), Sulawesi (Gorontalo Minerals and Citra Palu Minerals), East Kalimantan (Kaltim Prima Coal), South Kalimantan (Arutmin Indonesia), and the Republic of Yemen (Gallo Oil). The Company operates coal mines along with its subsidiaries, including PT Kaltim Prima Coal, PT Arutmin Indonesia, and PT Pendopo Energi Batubara.