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Investor Relations Update
| "We want to begin an ongoing dialogue with you. For more information, please contact me at cameron.tough@ptadaro.com". |
The Investor Relations team is headed by Mr. Cameron Tough, who brought ten years of experience working in Investor Relations and the capital market within the Indonesian mining sector. The three person team, is expanding, and at the end of 2008 included an IR Associate and a Corporate Finance Associate. IR has active support from many different information sources and leaders within the group, including the Corporate Secretary, Finance, Legal, Marketing, operations, and Project Development. Reporting to the CFO, Investor Relations is part of the Finance department but as the main liaison between the company and the capital market, IR overlaps with all the members of the BoD, and many different parts of the company.
Having conducted an Initial Public Offering on July 16th, 2008, in the third quarter of 2008, Adaro Energy embarked upon an aggressive domestic and international IR campaign to increase equity market recognition and understanding of the company.
Adaro Energy participated in several international and domestic conferences and meetings and conducted a number of international roadshows. As well as the inaugural annual analyst meeting in August 2008, Adaro Energy, together with a broker conducted a minesite visit to Tutupan in September. Part of the regular calendar was the quarterly results conference call, which shall continue. Adaro Energy also began to issue a detailed Quarterly Activities Report, which is not required by the compliance rules, and made regular press releases. All information once lodged on the stock exchange, is put onto Adaro Energy’s website at www.adaro.com and then distributed to a recipient list by email.
Other progress included drafting and presenting a Disclosure Policy, an IR Code of Ethics and other policies, IR goals and procedures were developed as Adaro Energy begins to institutionalize the task of keeping the market informed in a timely and balanced manner.
IR Calendar 2009:
- April 30 - Annual Report 2008 distributed
- April 30 - 1Q09 Quarterly Activities Report
- April 30 - 1Q09 Unaudited Financial Statements and Notes
- July 31 - 2Q09 Quarterly Activities Report
- August 31 - Reviewed 1H09 Financial Statements and Notes
- October 30 - 9M09 Unaudited Financial Statements and Notes
- October 30 - 3Q09 Quarterly Activities Report
For further information please contact:
Andre J. Mamuaya, Director and Corporate Secretary
Cameron Tough, Head of Investor Relations
Tel. : (6221) 521 1265
Fax. : (6221) 5794 4685
Email : cameron.tough@ptadaro.com
www.adaro.com
