Company at a Glance

About Tram

PT Trada Alam Minera Tbk, a company that engages in the sea transportation services, mining, construction and general trade services was established on August 26, 1998 under the name of PT Panji Adi Samudera based on the Deed No. 18 by Anasrul Jambi, SH, Notary in Jakarta.

In 2007, the Company changed its name into PT Trada Maritime Tbk based on the Deed of the Minutes of the Company’s Meeting No. 28 dated July 20, 2007, made before the Edy Priyono, SH, Notary in Jakarta. Kemudian, Then, the Company became a Public Company after acquiring a statement from Bapepam-LK No. S-5765/ BL/2008 on August 27, 2008 for the Company to conduct the Initial Public Offering (IPO) to the public.

The Company changed its name again to PT Trada Alam Minera Tbk, based on the Deed of Decision Statement of Meeting dated October 14, 2017, made before Rini Yulianti, SH, Notary in Jakarta. The Company’s last Articles of Association based on the Deed No. 14/2017 consisted of the change of the Company’s name, provision of the increase of the Copmany’s Authorized Capital, the adjustment of the Articles of Association of the Company in accordance to the applicable Regulation, as well as the Change of the Company’s Board of Directors and Board of Commissioners

Based of the “Notification of the Efectiveness of Registration Statement” from OJK S-454/D.04/2017, the company executed a Limited Public Offering (PUI I). The company offered 39.899.731.158 (thirty nine billion eight hundred and ninety nine million seven hundred thirty one thousand one hundred and fifty eight) shares to the market (“New Share”) with nominal value of Rp100 (hundred rupiah) per share and executing value of Rp150 (hundred and fifty rupiah) per share represent 80,39% from the capital issued and at a maximum of 3.324.977.596 (three billion three hundred and twenty four million nine hundred and seventy seven thousand five hundred and ninety six). The company’s increased capital through the limited public offering is intented for acquiring coal mining company and coal mining services.

The Company’s history started in 2000, by acquiring a contract for the management and operation of a Floating Storage & Offloading (FSO) vessel, and offshore supporting vessels of tugboats and barges in Indonesian waters. With the increase of FSO vessels owned and operated through the years, the Company was once became known as one of the recognized FSO players in Indonesia. Within time, the Company then diversified its business segment to liquid cargo transporation, dry bulk carrier, and eventually entered into the segment of liquefied natural gas (LNG) carrier which marked the Company as the only LNG vessel operating in domestic waters carrying Indonesian Flag.

Furthermore, by considering the current economic as well as the Company’s financial condition, and adhering the Company’s values, which are forward oriented and identifying opportunities, the Company focuses to enhance the Company’s performance and provide added value to the Company’s Shareholders. As such, in 2017, the Company identified that the mining business, particulary, coal is an opportunity with bright prospect that will drive the demand for the Company’s tugboats and barges. Therefore, the Company seized the prospect by diversifying its business platform by acquiring coal mining companies, and mining service companies in Kabupaten Kutai Barat, East Kalimantan,Indonesia.