Jakarta, August 31, 2022 - PT Bukit Asam Tbk (PTBA) received "Best Share 2022 in the Big Cap Category (market capitalization above Rp 10 trillion) in the Energy Sector" award from Investor Magazine. The award was announced virtually on Wednesday (August 31, 2022) and attended by 73 issuers.PTBA's Director of Finance and Risk Management Farida Thamrin said the company's success in having a brilliant performance in the midst of the COVID-19 pandemic was the result of collaborative hard work and she gave her appreciation to all PTBA personnel who supported this achievement.
"This award is the result of the performance, support, and efforts of all PTBA employees and stakeholders so that we managed to achieve good performance. The company continues to focus on implementing sustainable efficiency optimally," said Farida.
She hopes that this award can motivate all PTBA personnel to continue making positive achievements, so that they can make an optimal contribution to the nation and the state.
Investor Magazine collaborates with Edvisor Profina Visindo, a research and investment consulting firm for money market and capital markets, in ranking the Best Shares of 2022.
This ranking is based on a number of calculations from long-term value growth, short-term capital gains, dividend income, prospective fundamentals, fair price valuation, growth potential, price fluctuation risk, business risk, to liquidity risk.
Issuers must be listed on IDX for at least 5 years, the average transaction in 1 year is at least IDR 1 billion per day, and the issuer has never failed to pay or have legal problems in the last 5 years.
Main Award from IDX Channel
In the IDC Channel Anugrah Innovation Indonesia (ICAII) 2022 on Thursday (August 25, 2022), PTBA received the Main Award from IDX Channel. PTBA received the Sustainability category award owing to its innovation on Siba Batik Kujur program.
At Indonesia Fashion Week (IFW) 2022 on April 13-17, 2022, the biggest fashion event in Indonesia, at the Jakarta Convention Center (JCC), Jakarta, PTBA showcased Batik Kujur produced by the Bukit Asam Industrial Center (SIBA) Batik fostered by PTBA's Corporate Social Responsibility (CSR).
There are a number of categories that will be assessed at ICAII 2022, namely the internal category, external category, sustainability category, product and business model category, green economy category and special category.
The criteria include 40% innovation impact assessment, 30% innovation sustainability, 20% originality and 10% presentation. The judging process has started since July 2022, followed by 30 companies with 43 innovations.
