Money: Indomobil Multi Jasa IMJS

The Company established on 2 December 2005 under the name of PT Multi Tambang Abadi which engaged in the business of mining and service. In January 2013, PT Indomobil Sukses International, Tbk. (IMSI) acquired 90.00% of the Company's shares from PT Tritunggal Intipermata and acquired 9.89% of the Company's shares from PT Indomobil Manajemen Corpora.

Furthermore, in February 2013, along with the change of its business objectives, the Company changed its name into PT Indomobil Multi Jasa (herein after referred to as IMJ) with its scope of business i.e trading, automotive maintenance workshop, general consulting and services for vehicle, car rental and machines, and land transportation.

The Company has entered into the domestic stock exchange by way of Initial Public Offering (IPO), which followed by the listing of its shares by having "IMJS" as its code of shares in PT Bursa Efek Indonesia on 10 December 2013, which changed the Company's status into an Public Company.

The Company conducts its business activities in the areas of financing services, logistics and transportation business, and non-formal education / training services through its following subsidiaries:

Financing Services
- PT Indomobil Finance Indonesia (“IMFI”)
- PT Hino Finance Indonesia (“HFI”)
- PT Nissan Financial Services Indonesia (NFSI”)
- PT Suzuki Finance Indonesia (“SFI”)
Logistics and Transportation
- Rental : PT CSM Corporatama (“CSM”)
- Logistik : PT Seino Indomobil Logistics (“SIL”)
Non-Formal Education /Training Services
- PT Indomobil Edukasi Utama (“IEU”)
Repair and Maintenance Services
- PT. Indomobil Ekspres Truk ("IET")

VISION
The Leading Financial and Transportation Solutions Provider in Indonesia.

MISSION
1. Promoting “Operational Excellence”
2. Implementing “Funding Diversification”
3. Developing Human Capital
4. Expanding the synergy and captive market
5. Employing the Information Technology Indomobil Multi Jasa IMJS

Code of Conduct of the Company is an internal guidance that binds everyone in the Company and contains the values, business ethics, work ethics, and norms relating to the conformity and compliance against the corporate policies as well as Indonesian laws. Code of conduct is designed by Board of Directors and Board of Commissioners with respect to the corporate values, namely Excellent Services, Reliability, Integrity, Accessibility, Value-Added Driven Business and Awareness, as well as with consideration to moral principles that are enacted in the company and the commitment to realize the corporate vision and mission.

As the Company's commitment to conduct the good corporate governance is in line with the universal principles, the implementation of code of conduct is aimed at guiding all management and employees in showing behavior, interacting and acting according to the rights and obligations to the stakeholders, including in serving the customers.

In addition, other goals of reinforcing the code of conduct are:

To develop and maintain commitment of the Company to the implementation of Good Corporate Governance in accordance to the applicable business ethics in Indonesia so as to create a favorable business environment, namely through the implementation of corporate values that lead to the establishment of corporate cultures and policies, system as well as procedures;
To apply and sustain understanding as well as implementation of code of conduct of the employees and management against the work ethics that facilitate the implementation of GCG practices, so as to ensure that the Company as a legal entity has operated in compliance with Indonesian laws and business ethics;
To develop and sustain understanding among shareholders and stakeholders relating to the corporate values and the applicable business ethics in Indonesia, in a way to promote a positive image ensuring that the Company's business practices are in compliance with the applicable regulations and business ethics in Indonesia;
To guide all employees and management about the making of ethical decision, so that each individual of the Company can determine every step or business decision with respect to moral and legal consequences. Indomobil Multi Jasa IMJS

As a multifinancing company with dynamic business, Risk Management is indeed essential to its business. Therefore, the Company has developed and applied a comprehensive risk management policy as part of effort to anticipate business risk potentially hampering the efforts to achieve the strategic goals of the company, and at the end, slow down the business growth of the Company.

Below are the risks that could be identified and the mitigation steps:

Risk of Financing & Mitigation Steps

Financing activities were exposed to high risk, particularly risk of debtor's failure to fulfill the obligations. Therefore, the Company mitigated the risk emerging from its main business by channeling the credit based on prudence principle as well as applying tight financing scheme, from field survey to adequate credit analysis. Besides, the Company applied collection mechanism of various methods and levels, from sending reminder SMS ahead of the payment due of the installment, then collecting by phone and making direct visit to the consumers that fail to fulfill the payment obligation within certain period of time.If those steps were completed, the next procedure would be to take over the vehicle that becomes the collateral. The Company could help the sales of the vehicle that was taken over in order to minimize the loss and to protect the rights of the consumers whose vehicle was taken over.

Risk of Funding & Mitigation Steps

Funding activity of the Company was also exposed to the risk of the difficulty of finding adequate, affordable and trustworthy sources of fund. To anticipate the risk potential, the Company has applied some steps including diversification of fund using the instruments from local and foreign banking institutions, in the forms of bilateral loan, syndicated loan, joint financing, or loan extension, as well as through capital market, such as the issuance of bonds.

Risk of Operation & Mitigation Steps

The Company's business was exposed to risk of operation which was affected by various risk factors. The Company anticipated the risk by conducting review over the existing operational system and procedures to be further adjusted to the business development of the Company. Department of Business Process in that case was responsible for formulating the Standard Operational Procedure (SOP) and drafting the revision over the procedure on periodical basis.The Internal Audit Division meanwhile was responsible for reviewing the implementation of SOP to ensure the effectiveness of the implementation.

Risk of Competition & Mitigation Steps

The Company in 2016 dealt with challenging situation that led to tight business competition. The Company therefore improved cooperation with the distributors and dealers in order to make breakthroughs, such as innovative financing package and aggressive expansion to widen the sales and service network to many regions in Indonesia.

Risk of Macroeconomy & Mitigation Steps

Macroeconomic uncertainty has generated a risk that could hamper the sustainable business growth. Although the macroeconomic condition was beyond the Company's control, the Company anticipated the risk by consistently monitoring the economic indicators, among which were the inflation rate and interest rate, while diversifying the sources of fund and applying the hedging strategy as anticipatory measures against the fluctuating interest rate and exchange rate.

Risk of Monetary Policy & Mitigation Steps

The macroeconomic situation strongly related with the implementation of monetary policy. The Company in that case has consistently monitored the issued monetary policies and reviews the impact on the business sustainability of the Company. This effort was also accompanied by the strategy of diversifying sources of fund to ensure the Company's competitiveness.

Risk of Exchange Rate Volatility & Mitigation Steps

As the macroeconomic condition, the exchange rate volatility was another risk factor that was beyond the Company's control. To anticipate the risk, the Company applied hedging policy through the implementation of cross currency swap and interest rate swap transactions from floating interest rate to fixed rate to mitigate the impact of risk of exchange rate volatility to profitability of the company. Indomobil Multi Jasa IMJS

Public Accountant:
KAP Purwantono, Sungkoro & Surja
Ernst & Young
Gedung Bursa Efek Indonesia, Tower 2, Lt.7
Jl. Jend. Sudirman Kav. 52-53
Jakarta 12190, Indonesia
Tel : +6221 5289 5000
Fax: +6221 5289 4100

Credit Rating Agency:
PT Pemeringkat Efek Indonesia (Pefindo)
Panin Tower Senayan City, 17th Floor
Jl. Asia Afrika Lot.19
Jakarta 10270, Indonesia
Tel : +6221 7278 2380
Fax: +6221 7278 2370

Securities Administration Bureau:
PT Raya Saham Registra
Gedung Plaza Sentral, Lt. 2
Jl. Jend. Sudirman Kav. 47-48
Jakarta 12930, Indonesia
Tel : +6221 2525666
Fax: +6221 2525028

Indomobil Multi Jasa IMJS

Board Code of Conduct is formulated based on the rules in the Article of Association of the Company and the applying laws, including Financial Service Authority (FSA) Regulation No. 33/POJK.04/2014 concerning Board of Directors and Board of Commissioners of Issuer or Public Company The Code of Conduct contains:

Legal base;
Description of function, duties, responsibility and authorities;
Working hours;
Membership of Board of Commissioners;
Meeting policy;
Reporting and accountability;
Relation with Board of Directors Indomobil Multi Jasa IMJS

The Company is fully aware of the importance of reinforcing the whistleblowing system effectively in order to strengthen the internal control implementation in the organization of the Company. Although until now the Company has not yet established a structured system and an effective whistleblowing media, mechanism for handling the fraud or deceitful acts against the corporate policies or the applying laws is done through a tight process. The Company has also assigned Internal Audit Division to conduct deep analysis, investigate and follow up to the fraud or deceitful acts. Indomobil Multi Jasa IMJS

TEMPO.CO, Jakarta - PT Indomobil Multi Jasa Tbk, Monday, 11 November 2013, conduct an initial public offering. The offer is made through two subsidiaries, namely PT Indomobil Finance Indonesia (IMFI) and PT CSM Corporatama (Indorent).

President Director of PT Indomobil Multi Jasa, Jusak Kertowidjojo, said the company sold 10 to 25 percent of the shares. "The initial price is around Rp 500 to Rp 650 per share," said Jusak at The Ritz-Carlton, Pacific Place, Jakarta, Monday, 11 November 2013.

The number of shares offered to the public is the amount of 1.29 billion shares. According to Jusak, the initial public offering period of PT Indomobil Multi Jasa was conducted on 11-19 November 2013. "We are targeting to be listed in the stock exchange on 5 December 2013."

The fund raised from initial offering shall be used for business development and working capital of a subsidiary amounting to 60 percent. Two thirds of the 60 percent shall be used by Indorent, while one-third will be used by IMFI. The remaining 40 percent shall be used to pay Indorent loans.

Jusak said the five companies were appointed as underwriters namely PT CIMB Securities Indonesia, PT Deutsche Securities Indonesia, PT DBS Vickers Securities Indonesia, PT Kresna Graha Sekurindo Tbk and PT Buana Capital.

PT Indomobil Multi Jasa Tbk is a subsidiary of PT Indomobil Sukses International. Indomobil Multi Jasa is engaged in consumer financing services through IMFI as well as car rental services through Indorent. IMFI itself serves the financing of two-wheeled vehicles, four wheels, and heavy equipment. As of 30 June 2013, the company claims to have as many as 212 service points. Meanwhile, Indorent has 16 service points with a total fleet of 8.363 units. Indomobil Multi Jasa IMJS

Indomobil Tower, Jakarta, Indonesia

Thursday, 28 June 2018

PT Indomobil Multi Jasa Tbk (“Company”), held Annual General Meeting of Shareholders (“AGMOS”) for Fiscal Year of 2017.

AGMOS decided:

Approval of the Annual Report of the Company regarding the condition and operation of the Company for the fiscal year of 2017.
Ratification of the annual statement of the Company and Subsidiary (Consolidated Statements of Financial Position, Financial Statements of Income and other Comprehensive Income Consolidation) for the fiscal year of 2017 and the grant of release and discharge of responsibility to the members of the Board of Directors and Board of Commissioners of the Company.
The stipulation of net profits usage for fiscal year of 2017 namely as follows:
1. Allocate a portion of its net profits as reserve fund in the amount of Rp 100.000.000 (one hundred million Rupiah) as required in the provisions of Article 70 paragraph (1) of Law No.40 of 2007 regarding Limited Liability Company;
2. The distribution dividends in the amount of Rp 6.020.400.000,- (six billions and twenty millions four hundred thousands Rupiah) divided to 5.017.000.000 shares
3. The payment of dividens will be made by being credited to The Securities Company or Depository Central at PT Kustodian Sentral Efek Indonesia.
4. The remaining net profits of the Company for the financial year ended on 31 December 2017 after deducted by reserve fund in the amount of Rp 100.000.000 (one hundred million Rupiah) will be used as additional working capital of the Company.
The determination of the policy related to the remuneration of members of the Board of Directors and Board of Commissioners of the Company.
The appointment of Public Accountant Office to audit the books of the Company for the fiscal year ending on 31 December 2018, and the determination of the terms of such appointment.
Approval of the capital increase of Company through Pre-emptive Rights (HMETD).
Approve to reappoint the member of the Board of Directors and Board of Commissioners of the Company.

Indomobil Tower, Jakarta, Indonesia

Kamis, 20 Juni 2019

Today PT Indomobil Multi Jasa Tbk ("the Company"), located at Indomobil Tower,

held an Annual General Meeting of Shareholders ("AGM") for Fiscal Year 2018.

The AGMS includes, among others, the following matters:

Approval of the Annual Report of the Board of Directors regarding the condition and running of the Company for the 2018 fiscal year.
Ratification of Annual Calculations (Consolidated Statements of Financial Position, Consolidated Statements of Income and Other Comprehensive Income) for fiscal year 2018 and granting full settlement and acquittal of responsibility (acquit et de charge) to members of the Directors and Board of Commissioners of the Company.
The determination of the use of the Company's net profit for the 2018 financial year is as follows:

Set aside as a reserve fund of Rp 100,000,000 (one hundred million Rupiah) in accordance with the provisions of Article 70 paragraph (1) of Law No.40 of 2007 about Limited Liability Companies.
Disclosed as cash dividends of Rp. 5,769,550,000 (five billion seven hundred sixty nine million five hundred fifty thousand Rupiah). The dividend will be distributed for 5,769,550,000 shares.
Payment of cash dividends will be made by way of being credited into the securities account of a Securities Company or Custodian Bank at PT Kustodian Sentral Efek Indonesia.
Remaining net operating results of the Company for the fiscal year ending on 31 December 2018 after deducting the allowance for reserve funds Rp. 100,000,000.00 (one hundred million Rupiah) will be used as additional capital work of the Company

4. Determination of Salary and / or Allowances for Members of the Board of Directors and Honorarium and / or Allowances of the Company's Board of Commissioners.

5. Appointment of a Public Accounting Firm to conduct an audit of the Financial Statements

6. The Company for the year ending in December 31, 2019. Approval of the Company's Capital Increase by granting Pre-emptive Rights (Rights) and the Proposed Use of Funds from the Capital Addition.

7. Approval of changes to the editorial Article 3 of the Company's Articles of Association Indomobil Multi Jasa IMJS

PT Indomobil Multi Jasa, Tbk. (IMJ) held the Annual General Meeting of Shareholders (AGM) for the fiscal year 2019 on Monday, June 8, 2020 taking place in Indomobil Tower, Jakarta, by implementing a protocol to prevent the spread of the COVID-19 pandemic by implementing social distancing and limiting attendees.

The event was attended directly by Soebronto Laras (IMJ President Commissioner), Jusak Kertowidjojo (IMJ President Director), Gunawan Effendi (IMJ Deputy President Director), and online, namely Josef Utamin (IMJ Commissioner), Tan Lian Soei (IMJ Independent Commissioner ), Andrew Nasuri (IMJ Director), and Toshiro Mizutani (IMJ Unaffiliated Director).

The Annual General Meeting of Shareholders ("AGM") for Fiscal Year 2019 includes but is not limited to the following:

Approval of the Annual Report of the Board of Directors regarding the condition and running of the Company for the 2019 fiscal year.
Ratification of the Annual Calculation (Consolidated Statements of Financial Position, Consolidated Statements of Income and Other Comprehensive Income) for fiscal year 2019 as well as granting full settlement and acquittal of responsibility (acquit et de charge) to members of the Directors and Board of Commissioners of the Company.
Determination of the use of the Company's net profit for fiscal year 2019
Determination of Salary and / or Allowances for Members of the Board of Directors and Honorarium and / or Allowances of the Company's Board of Commissioners.
Appointment of a Public Accounting Firm to conduct an audit of the Company's Financial Statements for the fiscal year ending on December 31, 2020.
Approval of the Company's Capital Increase by granting Pre-emptive Rights (Rights) and the Proposed Use of Funds from the Capital Addition.
Approval to give power and authority to the Board of Directors to carry out all necessary actions related to decisions related to the Rights without being excluded.
Approval of amendments to Article 4 and the final part prior to the closing of the deed in the Company's Articles of Association in connection with the exercise of HMETD and agree to grant authority and authority to the Board of Directors to carry out all actions related to changes in the Company's Articles of Association as referred to in number 7. Indomobil Multi Jasa IMJS