No. 002/Release‐IBF/1015
EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS AND PUBLIC EXPOSE PT INTAN BARUPRANA FINANCE TBK (IBF)
Jakarta, October 27, 2015 – IBF, a leading financing company that provides financing solutions tailored to customers' investment and working capital funding needs, held its Extraordinary General Meeting of Shareholders and Public Expose today.
Extraordinary General Meeting of Shareholders ("EGM")
In the EGM, the Company proposed to the shareholders a change in the composition of the Board of Directors, namely the appointment of Alexander Reyza as a Director of the Company. His term of office is effective from the date of passing the Fit & Proper Test from the Financial Services Authority (OJK) concerning his appointment as Director of the Company until the end of the term as stipulated in the Company's Articles of Association, while observing Capital Market regulations.
Public Expose
During the Public Expose, the Board of Directors presented the Company's performance as follows: The Company recorded a net profit for the current year and a total comprehensive income as of September 2015 of Rp. 47,267 million (forty-seven billion two hundred sixty-seven million Rupiah). The Company's total assets as of September 2015 reached Rp. 3.576 Trillion (three trillion five hundred seventy-six billion Rupiah), and the total financing disbursed reached Rp. 3.056 Trillion (three trillion fifty-six billion Rupiah). Equity as of September 2015 reached Rp. 611,741 million (six hundred eleven billion seven hundred forty-one million Rupiah).
About IBF
IBF is a leading financing company that provides financing solutions tailored to customers' investment and working capital funding needs. The Company is supported by the marketing network and products of the PT Intraco Penta Tbk business group. It offers tailor-made financing solutions to customers requiring investment and working capital financing, both in fleet financing and retail, across various industries including oil & gas, infrastructure, transportation, mining, plantations, forestry, logistics, construction, healthcare, and hospitality business, as well as other industries. These solutions are provided through conventional and sharia schemes for both Rupiah and US Dollar currencies. In 2014, the Company listed its shares on the Indonesia Stock Exchange.
For further information, please contact:
Corporate Secretary PT Intan Baruprana Finance. Tbk.
Attn. Jonggi Siallagan
E-mail: corsec@ibf.co.id