Providing End-to-End Integrated Coal Mining Services
Jumat, November 04, 2011 - 16:15:34 WIB
Adaro acquire 35% Servo Meda shares
Diposting oleh : Adrian Jusran
Adaro Buys 35% of South Sumatra Integrated Coal Mining Services 
Provider for Rp200 Billion 
Jakarta, October 12
th
, 2011 – PT. Adaro Energy Tbk (IDX – ADRO) is pleased to 
announce that on October 10
th
, 2011 its subsidiary, PT. Alam Tri Abadi (“ATA”), signed a 
deed of transfer shares to acquire a  35% interest in  PT Servo Meda Sejahtera (“SMS”)  for
Rp200 billion from PT Servo Infrastructure (“SI”). Post transaction, the ownership structure 
of SMS is 50% SI, 35% ATA and 15% PT Bumi Alam Sejahtera (“BAS”). This acquisition is 
not material nor a related-party transaction.  Adaro Energy  carried out this transaction  to 
support and develop its coal logistics operations in South Sumatra.
Adaro Energy’s President Director, Mr. Garibaldi Thohir said:
“Our investment in SMS is part of our strategy to replicate the proven success 
of Adaro Indonesia’s business model in South Kalimantan as we acquire and 
develop coal mining assets in South Sumatra. This deal  brings us one step 
closer to owning and or controlling a vertically integrated coal supply chain in 
South Sumatra. The ultimate aim is to create long term sustainable value from 
Indonesian coal, to create a bigger and better Adaro Energy and achieve our 
vision of being a leading Indonesian Mining and Energy Group.”
SMS  provides integrated coal logistic services in South Sumatra. Via its subsidiary, 
SMS owns a dedicated haul road in South Sumatra and provides coal hauling services. Via 
another subsidiary, SMS owns a dedicated coal port on the east coast of South Sumatra and 
provides barge loading services.