Previously known as PT Itamaraya Tbk, the Company was established based on Deed No. 68 dated November 20, 1987 made legal in front of Zuraida Zein, S.H., Notary in Surabaya and legalized by the Ministry of Justice and Human Rights of Republic Indonesia in its Decision Letter No. C2-2899.HT.01.01.TH’89 dated April 5, 1989 and was published in State Gazatte No. 49 Supplement No. 1105 dated June 20, 1989.
Along with the Company’s development, the Company’s Articles of Association has been amended several times, including Deed No. 06 dated September 21, 2011 made in front of Leolin Jayayanti, S.H., Notary in Jakarta and legalized by Ministry of Justice and Human Rights of Republic Indonesia through its Decision Letter No. AHU-0078686.AH.01.09 Year 2011 dated September 29, 2011 underlining the result of Extraordinary General Meeting of Shareholders (EGMS) on June 28, 2010. The EGMS approved the change of the Company’s name from PT Itamaraya Tbk to PT Sumber Energi Andalan Tbk, the change of the Company’s logo, and the Company’s domicile relocation to Jakarta to be in line with the Company’s strategic plans, also the change of the Company’s business purpose/goals in accordance with Article 3 Deed No. 6 dated September 21, 2011, which was trading and export import activities as well as consultation service in mining and energy sector.
The latest changes of the Company’s Articles of Association was stated in Deed No. 95 dated August 31, 2017 made in front of Leolin Jayayanti, S.H., Notary in Jakarta and legalized by Ministry of Justice and Human Rights of Republic Indonesia through its Decision Letter No. AHU-0018498.AH.01.02 year 2017 dated September 8, 2017. Sumber Energi Andalan ITMA
Business Activities
Based on Article 3 of the Company’s Articles of Association, Deed No. 95, dated August 31, 2017, the Company’s line of business are trading, export and import, consultation services and contractor in mining and energy sector. In order to achieve its purpose and goals, the Company conducts these following activities:
Main business activities
Doing domestic and international trading on the Company’s own or by third parties, by commission and/or joint with other entity;
- Doing export or import of all mining resources,
- Acting as purveror/suppliers, wholesaler, distributor, commissioner, representative or agent from other people or legal entity.
- Acting as a contractor in EPC Engineering Procurement Construction (EPC);
- Providing integrated construction services including planning, procurement and execution/construction works in power generation and in other energy related fields;
- Acting as a contractor for Operation & Maintenance (O&M), providing operation and maintenance services of power plant.
Other supporting business activities
- Providing consultation services for mining industry needs, covering construction planning and development for general mining industry and related business activities, including the maintenance of mining equipment;
- Providing consultation services for oil and gas mining, geothermal and energy conservation, coal, lignite and anthracite as well as related business activities;
- Providing consultation services for activities related to power plant sector, including consultation for operational and maintenance activities.
- Acting as an investor in Independent Power Producer (IPP);
- Conducting investment activities in private sector’s power generation; and
- Conducting trading activities in energy and agricultural commodities sector. Sumber Energi Andalan ITMA
Subsidiaries
PT Mitratama Perkasa (MP)
MP is a company who provides the service network for integrated coal. It owns and operates rental service of coal port and crusher facilities for its clients. This company has the goal to develop its coal infrastructure facilities like coal processing and handling, coal barging at port terminal, coal storage and coal loading. Today, MP owns 4 (four) assets that are in full capacity: Asam-Asam Coal Port, West Mulia Coal Port, Lubuk Tutung Coal Port, and Sangatta Coal Crusher. Total assets of PT MP as of March 31, 2019 was USD630,599,004. Sumber Energi Andalan ITMA
Head Office
PT Sumber Energi Andalan Tbk
Sopo Del Office & Lifestyle Tower B, Lantai 21
Jl. Mega Kuningan Barat III, Lot.10 1-6,
Kawasan Mega Kuningan,
Jakarta Selatan 12950
+62 21 5081 5254
+62 21 5081 5253
corporate.secretary@energi-andalan.co.idSumber Energi Andalan ITMA
Corporate Social Responsibility
The Company implements its CSR programs based on the applicable laws and regulations, particularly the Law No. 25 Year 2007 regarding Capital Investment, Clause 15 point B that states “Every investor has a duty to fulfill their corporate social responsibility.” The CSR program implementation for public corporation are also regulated by Financial Services Authority based on the Regulating Letter of Financial Services Authority No. 29/POJK.04/2016 dated 1 August 2012 about Issuer Annual Report or Public Corporation.