October 21, 2014 5:12 PM ET

Metals and Mining

Company Overview of PT Indonesia Asahan Aluminium

Company Overview

PT Indonesia Asahan Aluminium smelts and produces aluminum ingot. The company also operates a power plant that produces electric power using water. It serves customers in Indonesia, as well as exports its products to Japan. The company was founded in 1976 and is based in Jakarta, Indonesia.

Summitmas I

Lantai 15

Jl. Jenderal Sudirman, Kav. 61-62

P.O. BOX 6917

Jakarta,  12190

Indonesia

Founded in 1976

Phone:

62 21 252 0185

Fax:

62 21 252 4278

Key Executives for PT Indonesia Asahan Aluminium

President Director
Age: 49
Finance Director and Director
Operation Director and Director
General Affairs & Human Resources Director and Director
Development & Business Director and Director
Compensation as of Fiscal Year 2014.

PT Indonesia Asahan Aluminium Key Developments

Indonesia Asahan Seeks Financing

PT Indonesia Asahan Aluminium (Inalum) is looking for $1.33 billion of financing, Chief said. Loans, internal cash and initial public offering are the sources from where the financing will come, Winardi, President Director of Inalum, said. “Around 30% to 35% will use internal cash, while the remainder will come from external funding,” Winardi added. If shareholders approve then, Inalum may go for an IPO in 2016.

INALUM Plans An IPO

PT Indonesia Asahan Aluminium (INALUM) is planning an initial public offering (IPO) by 2019. The President Director of INALUM said, “But it is all depending on the shareholders' right, we just execute it. If the IPO in 2016, we are ready. Internal Equity is around 35%, the rest must be met by taking other funding sources. Our cash is still good; to get to the IPO we have also started the rating. But all depend on shareholders, the government and the Parliament (for the IPO).”

PT Indonesia Asahan Aluminium Appoints Winardi as President Director

PT Aneka Tambang's (Antam) operations director Winardi has been appointed PT Indonesia Asahan Aluminium's (Inalum) president director.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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