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| Darma Henwa www.ptdh.co.id |
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In less than 17 years, PT Darma Henwa Tbk (“Darma Henwa”) has evolved from an engineering contracting firm to become an integrated mining and energy services company with a solid foothold in the lucrative, resource-rich energy industry sector of Indonesia. Formed initially in 1991 and became a foreign investment company in 1996, Darma Henwa has since carved a reputation as a leading player in mining contracting business in Indonesia, providing contracting expertise in heavy equipment, bulk earthworks, general mining, construction, civil engineering and plant maintenance. Since our first project, the Lerokis Gold Project for Billiton Shell in the early Nineties, Darma Henwa has won over an estimated USD 5.0 billion worth of mining and other contracts – including Bengalon and the Asam Asam mine contracts - from an illustrious list of clients which include BHP Minerals, Aneka Tambang, INCO, Freeport-McMoran, Newmont, and Kaltim Prima Coal. The largest contract ever won by the Company to date is estimated USD 2.6 billion, life of mine Bengalon Coal Project in East Kalimantan, which commenced in 2004. We strive constantly to be the best and most efficient contract mining and civil engineering services; but at the same time also seek to progressively diversify our operations into other related businesses as new opportunities arise. Darma Henwa envisions itself as a perpetually growing company, eager to be in the forefront of our industry, by expanding into strategic related businesses when the opportunities are presented. This is why in early 2007, we took firm steps to acquire controlling business interests in Prove Energy Investment Ltd (Prove), an investment company which owned subsidiaries that engage in coal marketing for domestic and international markets, and DH Power which will focus on integrated mining services development and power generations. On 26 September 2007, Darma Henwa went public and listed its shares in the Indonesia Stock Exchange. As a result, today Darma Henwa is held by Zurich Assets International Limited with a 75.3% stake, PT Indotambang Perkasa with a 4% stake, and public shareholders with a 20.7% stake. |
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