59
COMPANY UPDATE Jakarta, March 2015
COMPANY UPDATE
November 2014
COMPANY UPDATE Jakarta, March 2015
4
Company Overview 1
2
3
Business Strategy
Performance Highlight
Stock Performance
TABLE OF CONTENTS
5 Awards
2
Company Overview 1
“To be a leader in construc0on and investment company in Indonesia which
Interna+onally compe00ve”
VISION VISION AND MISSION
• Providing high value added construc4on services to maximize customer sa4sfac4on
• Increase the capability, capacity and sustainable employee welfare
• Providing added value to stakeholders • Maximizing synergies with Vendors, Business Partners and Strategic Clients
• Provide posi4ve contribu4on to the Environment and Society through the development of Green Corpora4on
-‐ SK Direksi No. 272/SK/PP/DIR/2013 Tanggal 16 Oktober 2013
MISSION
4
CORPORATE VALUES
-‐ SK Direksi No. 273/SK/PP/DIR/2013 Tanggal 18 Oktober 2013 5
1953 Establishment of NV PP
1971 Changed status to be a State Company
1991 Diversification to Property and Realty
2004 EMBO (Stock RI 51% KKSPP 49%)
2010 IPO
2011 Diversification to EPC and Investment
2012 Diversification to PP Precast
COMPANY’S MILESTONES
6
2014 Diversification to Construction Equipment
Organization Structure
7
Sumatra
Kalimantan Maluku
Java
Bali and Nusa Tenggara
Sulawesi
Branch IX: Pekanbaru
Branch I: Medan
Branch VI: Balikpapan
Branch VIII: Makassar
Branch II: Palembang
Branch III: Jakarta
Branch IV: Bandung
Branch V: Semarang Branch VII: Bali
RepresentaNve office Timor Leste
Nationwide Operation Network and Overseas
Branch OperaNon
Branch I: Aceh, North Sumatera
Branch II: Lampung, Bengkulu, South Sumatera, BaBel & Banten
Branch IX: West Sumatera, Jambi, Riau & Riau island
Branch III: DKI Jakarta
Branch IV: West Java
Branch V: Central Java, East Java, DIY
Branch VI: Kalimantan
Branch VII: Bali, NTB, NTT, Papua & Timor Leste
Branch VIII: Sulawesi, North Maluku, Maluku
8
2 Business Strategy
BUSINESS STRATEGY
10
TA HA P 1
TA HA P 2
CONSTRUCTION PROPERTY EPC PRECAST OTHERS / INVESTMENT
Efficiency Healthy Financial
R&D, Innovation
Risk Management
Eccellent HRD GCG
RELATED DIVERSIFICATION
EQUIPMENT
CONSTRUCTION
11
Ministry of Public Works - Jakarta
Cipularang Toll
Sultan Taha Airport - Jambi
Perawang Bridge
Tunnel of Saguling Hydroelectric Pw Plant St Moritz Jakarta
KALIBARU Port - JAKARTA
Februari 2015
1
Company OverviewPT PP PROPERTI
SPACE INNOVATION
HEALTHY MIND, BODY & SOUL is all about happiness
FUTURE
PSYCHOLOGY
OUR ‘BEYOND SPACE’ CONCEPT
Leverage Relationship with its Parent Company
and other SOEs
Focus on Superblock & CBD Style Development
Focus on Land Acquisition in Outer Jakarta and Key
Second Tier Cities
Innovate and Develop “Beyond Space” Offering
Cost and Project Management
1
2
34
5
COMPANY STRATEGIES
• Joint development of SOE landbanks
• Full SOE-backed property development solutions
• Focus on satisfying all needs of residents
• Diversification of revenue streams
• Hospitality services allow recurring revenue streams
• Land acquisition focused on outer Jakarta and key provincial cities
• Project development oportunities through JVs
• Promote healthy mind, body and soul
• Continue to develop innovative products for residents
• Relationship with PP (Persero) Tbk ensures high quality execution in a cost efficient and punctual manner
• Complete property development solutions allow cost savings
4
LANDMARK FUTURE DEVELOPMENTS
Location : Surabaya
Completion date : 2022
No. of towers : 5
No of units : 3,178 units
Area total : 3.5 Ha
KLB : 10.48
Typical unit size : (68 - 110 sqm)
Progress status : 1st Tower : Sold Out
Your Grand Story Start Here
2nd Tower : Will be
launched in February
2015
Bring Everything Closer
Location : Bekasi
Completion date : 2035
No of units : 8,860 units
No. of towers : 5
Area total : 25 Ha
KLB : 15
Typical unit size : (24 - 57 sqm)
Progress status : 1st Tower : Sold Out
2nd Tower : Will be
launched in February
2015
Hidden Paradise in Serpong
Location : Serpong
Completion date : 2019
No of units : 970 units
No. of towers : 2
Area total : 1 Ha
KLB : 7.2
Typical unit size : (30 - 104 sqm)
Progress status :
1716
15
14
13
12 11
109
8
7
6
5 4
32
1
From ParungFrom Ciputat/
Pamulang
TOL Road
Jakarta - Serpong
From Tangerang City
1st Tower : Will be
launched in April 2015
One Stop Entertainment
Roof Cafe
Location : Surabaya
Completion date : 2023
No of units : TBD
No. of towers : 7
Typical unit size : TBD
Area total : 4.2 Ha
KLB : 10
Progress status : Detail design
FINANCIAL HIGHLIGHTS
9
REVENUE CONTRIBUTION
REVENUE WATERFALL (in IDR billion)
Realty (Non-Recurring)
2012 = LIMITED REVIEW 2013 = 10 MONTHS LIMITED REVIEW, 2 MONTHS AUDITED 2014 = FULL YEAR AUDITED FINANCIAL PERFORMANCE AFTER SPIN-‐OFF
Realty business segment has driven the Company's growth
Property (Recurring)
124$$41$
28$ 192$$
378$$ (15)$$ 555$$
2012$ Realty$ Property$ 2013$ Realty$ Property$ 2014$
+ +
+ -‐ 15
123
2012 Realty Property 2013 Realty Property 2014
+ 41+ 28 192
+ 378 555
56
67
45%
55%97
96 50%
50%
475
80
86%
14%
KEY FINANCIAL SUMMARY
2012 = LIMITED REVIEW 2013 = 10 MONTHS LIMITED REVIEW, 2 MONTHS AUDITED 2014 = FULL YEAR FINANCIAL PERFORMANCE AFTER SPIN-‐OFF
REVENUE (IN IDR BILLION) GROSS PROFIT (IN IDR BILLION)
NET INCOME (IN IDR BILLION) TOTAL ASSET (IN IDR BILLION)
The Spin off from PT PP (Persero) Tbk has allowed the Company to drive growth
LEVERAGE PROFILE
2012 = LIMITED REVIEW 2013 = 10 MONTHS LIMITED REVIEW, 2 MONTHS AUDITED 2014 = FULL YEAR FINANCIAL PERFORMANCE AFTER SPIN-‐OFF
TOTAL LIABILITIES/TOTAL ASSET (X)
2012 = LIMITED REVIEW2013 = 10 MONTHS LIMITED REVIEW, 2 MONTHS AUDITED*2014 = FULL YEAR FINANCIAL PERFORMANCE AFTER SPINOFF
0.03 X
2012 2013 2014
0.36 X
0.62 X
TOTAL LIABILITIES/TOTAL EQUITY (X)
0.03 X
2012 2013 2014
0.55 X
1.65 X
TOTAL DEBT/TOTAL ASSET (X)
0.00 X
2012 2013 2014
0.00 X
0.11 X
TOTAL DEBT/TOTAL EQUITY (X)
0.00 X
2012 2013 2014
0.00 X
0.29 X
TOTAL LIABILITIES/ TOTAL ASSET (x) TOTAL DEBT/ TOTAL ASSET (x)
TOTAL LIABILITIES/ TOTAL EQUITY (x) TOTAL DEBT/ TOTAL EQUITY (x)
Unleveraged capital structure provides flexibility to support business expansion and growth
E P C
20
PRECAST FACTORY CILEGON
PRECAST INDUSTRY
21
PRECAST INDUSTRY
PRECAST FACTORY SADANG
22
CONSTR. EQUIPMENT
23
INVESTMENT PARK HOTEL CAWANG PARK HOTEL BANDUNG
24
INVESTMENT: POWER PLANT
PLTU 2X7MW - LAMPUNG TENGAH PLTU TALANG DUKU 58 MW SUMSEL
25
TOLL ROAD DEPOK - ANTASARI
26
6 Toll Roads - Jakarta 1
Kuala Tanjung Dock - North Sumatra 2
Medan Toll Road – Tebing Tinggi 3
Lau Gunung Hydro Power Plant 4
The 3rd Precast Factory - Lampung 5
Panghegar Hotel – Pekan Baru 6
Etc 7
OTHER INVESTMENT PROJECT LIST
27
INVESTMENT
NO ITEM CAPACITY TOTAL INVESTMENT
PP SHARE
EQUITY PP PARTNER TIPE STATUS CONCESSION
PERIOD
ESTIMATION OPERATION
DATE
1 Talang Duku
58 MW IDR 605 Bn 49% IDR 41
Bn
Navigat: 21% BER : 30%
Gas Turbine
Operating 7 Years Operating
2 Lampung 2x7 MW IDR 236 Bn 49% IDR 26
Bn RHJ: 51%
Coal Fire
Operating 25 Years Operating
3 Lau Gunung
2x6.5 MW
IDR 274 Bn 35% IDR
29.4 Bn
Nusantara Inf: 45% Private : 20%
Mini Hydro
Financial Closing
20 Years Mei 2016
4
150MW Power Plant (KDL)
150 MW IDR 2.2 T 30% IDR 198
Bn
KDL: 25% Bukit Asam: 45%
PLTU Establishment of SPV
20 Years
5
CPO Dock Kuala Tanjung
50.000 DWT
IDR 700 Bn 30% IDR 63
Bn
Pelindo 1: 55% Waskita: 15%
Dock Establishment of SPV
30 Years April 2016
6 Depok – Antasari Toll Road
22 KM IDR 3 T 12,5% IDR 112
Bn
Waskita, HK, CMNP : 87.5%
Toll Road
Construction process
40 Years Juni 2016
7
Toll Road Medan Kuala Namu Tebing Tinggi
61.8 KM IDR 4 T 15% IDR 183
Bn
Jasamarga: 55% Waskita: 15% HK: 15%
Toll Road
Establishment of SPV
40 Years January
2017
28
Capital Expenditure (CAPEX) 2015
29
NO TYPE OF INVESTMENT (IDR) I INVESTASI INDUK PERUSAHAAN A ENERGY 1. SUMATRA TRANSMISSION (1 PACKAGE) 139.50 BILLION 2. ENERGY PROGRAM 33000 MW 100.00 BILLION 3. ENCONA 40.00 BILLION 4. REVITALIZATION OF 8 UNIT GE FRAME 5 (ARUN) 180.00 BILLION B INFRASTRUCTURE 1. 6 TOLL ROAD SECTION JAKARTA 50.40 BILLION 2. TOLL ROAD MEDAN – KUALA NAMU 27.45 BILLION 3. LAND DEVELOPMENT BENOA 9.45 BILLION 4. TOLL ROAD DEPOK -‐ ANTASARI 56.50 BILLION C PROPERTY 1. COASTAL RAOAD 50.40 BILLION 2. BPJS 14.76 BILLION 3. KSO PP-‐PPI 6.00 BILLION 4. KSO PP-‐POS INDONESIA 7.50 BILLION 5. OFFICE 134.00 BILLION 6. PP PLAZA OFFICE RENOVATION 16.00 BILLION D HOTEL 1. HOTEL KAZA SURABAYA 75.00 BILLION 2. KSO PP-‐PEGADAIAN 12.50 BILLION II INVESTMENT SUBSIDIARIES A PP PRECAST 1. PP PRECAST FACTORY 150.00 BILLION 2. MACHINE FACTORY AND EQUIPMENT 3.00 BILLION 3. HEAVY EQUIPMENT 1.00 BILLION 4. VEHICLES & OFFICE INVENTORY 0.55 BILLION B PROPERTY 1. INVESTMENT BPJS 6.50 BILLION 2. INVESTMENT PERTH (JV) 110.16 BILLION 3. INVESTMENT Colomadu 50.00 BILLION 4. HOTEL BENGKULU 57.20 BILLION 5. PP SQUARE 61.60 BILLION 6. GRAND KAMALA LAGOON 108.47 BILLION 7. LAND BANK EXPANSION 200.00 BILLION 8. INFRASTRUCTURE SYSTEM 2.85 BILLION C PP EQUIPMENT 1. HEAVY EQUIPMENT 129.84 BILLION 2. VEHICLE 14.47 BILLION
TOTAL INVESMENT 1,815.09 BILLION
3 Performance Highlight
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
31
In Million of Rupiah 2014 2015
Growth (Audited) (RKA)
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
Operating Revenue 12,427,371 19,186,978 54.39%
Cost of Goods Sold 10,894,711 16,963,016 55.70%
Gross Profit 1,532,660 2,223,962 45.10%
Operating Expenses 275,958 382,388 38.57%
Operating Income 1,256,702 1,841,574 46.54%
Profit From Joint Venture 71,024 68,187 -3.99%
Profit Before Income Tax 919,445 1,401,539 52.43%
Total Current Comprehensive Income 532,065 730,306 37.26%
CONSOLIDATION STATEMENT OF FINANCIAL POSITION
32
In Million of Rupiah 2014 2015
Growth (Audited) (RKA)
CONSOLIDATION STATEMENT OF FINANCIAL POSITION
Current Assets 13,545,181 17,623,830 30.11%
Non Current Assets 1,066,684 2,653,108 148.72%
Total Assets 14,611,865 20,276,938 38.77%
Current Liabilities 9,838,497 12,407,244 26.11%
Non Current Liabilities 2,383,098 3,686,583 54.70%
Total Liabilities 12,221,595 16,093,827 31.68%
Shareholders Equity 2,390,270 4,183,111 75.01%
Total Liabilities & Shareholders Equity 14,611,865 20,276,938 38.77%
REVENUES
NET INCOME NEW CONTRACT
FINANCIAL HIGHLIGHT
(IDR. Billion)
(IDR. Billion)
(IDR. Billion)
33
12,535
19,475
19,583
20,240
27,000
-‐
5,000
10,000
15,000
20,000
25,000
30,000
6,232
8,003
11,655 12,427
19,187
-‐
5,000
10,000
15,000
20,000
25,000
240
309
420
532
730
-‐
100
200
300
400
500
600
700
800
EQUITY ASSETS
FINANCIAL HIGHLIGHT
(IDR. Billion) (IDR. Billion)
34
1,428
1,655
1,985
2,390
4,183
-‐
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
6,899
8,550
12,415
14,612
20,277
-‐
5,000
10,000
15,000
20,000
25,000
NEW CONTRACT AS OF DECEMBER 2014
NO PROJECT VALUE
1 Indarung - 6 Semen Padang Paket CC3 135 2 Transmart Padang 311 3 GSE Bandara Soetta 302 4 Alfa Land Tower 296 5 Anabatic Technologies Group 409 6 Saumata Tower II ( Lanjutan ) 303 7 Jalan Non Tol Tendean - Ciledug 281 8 Apartemen Technoplex Living, Bandung 232 9 Transmart Tegal 190 10 Sistem Conveyor Bongkar Teluk Lamong 145 11 Mixed Use Srondol, Lippo (Struktur) 139 12 Swiss Bell Hotel - Darmo Centrum Surabaya 173 13 IC Nunukan Lanjutan 162 14 Bendung Lolak Sulut. 755 15 Servo Road - South Sumatra 360 16 Basilica Apartment - Palembang 335 17 Pejaten Park - Jakarta 206 18 Indarung - 6 Semen Padang 135 19 Tambak Mulyo Road - Wawar (RRDP) 133 20 Icon Complex 430
21 Dam Jatigede 288
22 UNPAD IDB 270
23 IAIN Sunan Ampel 250
24 Lavayette - Semarang 246 25 Biofarma Vaksin Combo 159
26 Bridge approach holtekamp 157
27 Senggigi - Hotel 103
28 Supermall 3 - Surabaya 244
29 Mixed use Kebayoran Icon 160
30 Conveyor Malinau 112
31 Drainase Semani - Samarinda 104
(IDR Million)
35
NEW CONTRACT AS OF DECEMBER 2014
NO PROJECT VALUE 32 Depok - Antasari Toll Road 654 33 New Port - Makassar 300 34 Islamic Center - Balikpapan 300 35 Petra University - Surabaya 180 36 Manyaran Hill Semarang 314 37 Hukurila Road – Ambon 154 38 Dams Pidekso, Wonogiri 361 39 Tunjungan Plaza 6 248 40 Gateway Apartments 223 41 Alila Villas Bintan 203 42 Green Mall Cilegon 140 43 Gadang Market - Malang 186 44 Bekasi Stadium Stage 6 183 45 Graha Kalta - Pekanbaru 140 46 Candi Land Apartment 113 47 Land Mark Bandung 600 48 Oasis Apartement - Cikarang 154 49 Sawangan Apartement - Depok ( Arsitecture) 605 50 Lexington Apartment - Jakarta 442 51 Dompu Nangadoro Hotel, Sumbawa 318 52 Pinacle Residence, Semarang 200 53 Saketi Road - Banjarsari Banten 141 54 Amni Hotel - Medan 124 55 Interchange Cikande - Serang 122 56 Cilegon Super Mall 120 57 Condotel Hadiningrat 114 58 Iconic Office Tower, Tangerang 103 59 Sawangan Apartement - Depok 291 60 Wang Residence Citicon - Jakarta 400 61 PP Property 1,246 62 PP Precast (PDA) 1,000 63 PP Equipment (PJA) 68 64 Others 2,969
Grand Total 20,240
(IDR Million)
36
NO PROJECT VALUE
1 Landmark Residences - Paket Mekanikal 80
2 Lanjutan Tol Solo - Kertosono 53
3 Apartemen Gunawangsa Tidar, Surabaya SA+ME 328
4 Pembangunan Rumah Budaya Indonesia, Timles 77
5 One Otium Residence Antasari, Jakarta 288
6 Cassia Condotel Bintan 243
7 Gedung Jasa Marga 112
8 Pipeline Gresik - Lamongan - Tuban 52
9 Pemasaran PP Peralatan Februari 2015 25
10 Pemasaran PP Properti Januari 2015 254
11 Pemasaran PP Pracetak Januari 2015 146
TOTAL 1,657
NEW CONTRACT AS OF FEBRUARY 2015
(IDR Million)
ORDER BOOK
CONSTR 16,949
PROP 1,325
REVENUE 12,427
CARRY OVER 2014
29,867
20,240
Order Book: Rp. 42,51T
2014
JO 224
CONSTR 16,830
EPC 3,600
PROP 1,725
REVENUE 19,187
CARRY OVER 2015
36,280
27,000
2015 E
JO 1,400
Order Book: Rp. 56,87T
CARRY OVER 2013
22,278
INV 654
1,011 PP PRECAST
77 PP EQUIPMENT
38
INV 1,750 PP PRECAST
1,415
PP EQUIPMENT 280
CARRY OVER 2014
29,867
ORDER BOOK PORTFOLIO AS OF DECEMBER 2014
39
16.24%
32.72%
51.04%
GOVERNMENT SOE PRIVATE
MARKET SEGMENTATION (OWNER)
2014
40
20%
18% 62%
GOVERNMENT SOE PRIVATE
30%
30%
40%
GOVERNMENT SOE PRIVATE
2015 E
2015 E 2014
MARKET SEGMENTATION (PROJECT)
41
72%
8%
11%
2%
4% 3%
BUILDING IRIGATION ROAD AND BRIDGES
PORT MINING OTHERS
50%
5%
10%
15%
5%
5%
5% 5%
BUILDING IRIGATION ROAD AND BRIDGES PORT ENERGY OIL & GAS MINING OTHERS
CONTRIBUTION OF BUSINESS LINES (OPERATING MARGIN)
2015 E 2014
42
71.97%
9.07%
8.91%
0.09% 6.12%
4.11%
CONSTRUCTION PP PROPERTY EPC
INVESTMENT PP PRECAST PP EQUIPMENT
65.37%
16.33%
8.72%
0.08% 5.68% 3.82%
CONSTRUCTION PP PROPERTY EPC
INVESTMENT PP PRECAST PP EQUIPMENT
4,407
5,597
7,186 7,388
10,761
0
2,000
4,000
6,000
8,000
10,000
12,000
2011 2012 2013 2014 2015 E
(Idr
mill
ion
/ per
son
/ yea
r)
Productivity of Sales
170
217
252
316
409
0
50
100
150
200
250
300
350
400
450
2011 2012 2013 2014 2015E
(Idr
mill
ion
/ per
son
/ yea
r)
Productivity of Profit
HUMAN CAPITAL PRODUCTIVITY
43
4 Stock Performance
MINORITY STOCK OWNERSHIP
45
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Sep-‐14 Oct-‐14 Nov-‐14 Dec-‐14 Jan-‐15 Feb-‐15
51.00% 51.00% 51.00% 51.00% 51.00% 51.00%
4.76% 4.46% 4.20% 4.01% 3.92% 3.78%
14.84% 13.93% 14.22% 14.87% 16.22% 17.33%
1.44% 1.93% 1.99% 1.72% 1.54% 1.49% 5.19% 5.28% 5.04% 5.00% 5.06% 5.23%
15.45% 16.95% 17.07% 17.07% 15.39% 14.63%
3.41% 3.12% 3.17% 3.12% 3.08% 2.97% 3.61% 3.04% 3.00% 2.92% 3.51% 3.27%
0.30% 0.30% 0.31% 0.28% 0.29% 0.29%
RI KKPSPP Foreign Limited Company Pension Fund Mutual Fund Insurance Individual Domes4c Securi4es
SHARE MOVEMENT
46
PEFINDO RATING
47
BBB-‐
BBB BBB
BBB+
A-‐
A A
0
100
200
300
400
500
2008 2009 2010 2011 2012 2013 2014
A
A-‐
BBB+
BBB
BBB-‐
5 Award 2014
AWARDS OF 2014
Gold Medal IFAWPCA Category Building Construction for the Ministry of Public Works Building Project 1
Investor Awards 2014 as the Best Listed Companies in 2014 with Best Capitalization Issuers less than 10 trillion 2
Indonesia Property & Bank Award: 1. The best mixed-use development at the Bekasi city 2. Development SOE Aggressive and Phenomenal
3
PT PP included in the 50 Best Companies (sequence of 32) - Forbes Indonesia 4
PT PP included in Indonesia's Top 100 Most Valuable Brand in 2014 (sequence of 25) - SWA Magazine 5 National Energy Efficiency Award, Category Green Building - Ministry of ESDM 6 Warta Ekonomi Indonesia – Living Legend Company & Everlasting Brand Award 2014 7 SOE Award Strategic Marketing Award 2014 category "Marketing: GOLD" and "Tactical Marketing: SILVER". 8
Golden Trophy Award in Infobank Award 2014, as a state-owned company that 5 consecutive years performing VERY GOOD (tebaik of all SOEs Construction)
9
The Best Performance Award in Innovation Award 2014 in the category of Indocement Contractor Award 10
49
Indonesia Marketing Champion 2014 from Markplus Inc. 11 Engineering Award: Adhilestari Engineering of PII Award (Company) 12 Engineering Award: Adhilestari Engineering of PII Award (Individual) 13 Award as the Most Powerful and Valuable company Award in 2014 by Warta Ekonomi 14
AWARDS OF 2014
50
Gold Medal IFAWPCA Category Building
Construction for the Ministry of Public Works
Building Project in Jakarta with the implementation of the "Green Construction" ntuk Proyek Pembangunan Gedung Kementerian PU di Jakarta dengan implementasi
“Green Construction”
PT PP included in the 50 Best Companies
(sequence of 32) - Forbes Indonesia
PT PP included in Indonesia's Top 100 Most Valuable Brand in 2014 (sequence of 25) - SWA
Magazine
PP as a company that 5 consecutive years
performing VERY GOOD (Best of all SOEs
Construction)
PT PP (Persero) Tbk was awarded Best of the Best Award 2014 from Forbes Indonesia
Managing Director of PT PP (Persero) Tbk, Bambang Triwibowo awarded as Indonesia Marke4ng Champion 2014 -‐ The
Construc4on Sector from Markplus Inc.
51 PENGHARGAAN TAHUN 2014
52
Penghargaan sebagai Most Powerful and Valuable company Award 2014 oleh Warta
Ekonomi
Penghargaaan Engineering Award: Adhilestari Rekayasa dari PII Award (Perusahaan) & Penghargaaan Engineering Award:
Adhilestari Rekayasa dari PII Award (Individu) PENGHARGAAN TAHUN 2014
Investor Awards 2014 as the Best Listed Companies in 2014 with Best Capitalization Issuers less than 10 trillion
53
PT PP masuk dalam Indonesia’s Top 100 Most Valuable Brand 2014 (urutan 25) – Majalah SWA
PENGHARGAAN TAHUN 2014
Warta Ekonomi Indonesia – Living Legend Company & Everlasting Brand Award 2014
54
Golden Trophy Award in Infobank Award 2014, as a state-owned company that 5 consecutive years performing VERY
GOOD (tebaik of all SOEs Construction)
The Best Performance Award in Innovation Award 2014 in the category of
Indocement Contractor Award PENGHARGAAN TAHUN 2014
Plaza PP – Wisma Subiyanto Jl. Letjend. TB. Simatupang No 57
Pasar Rebo, Jakarta 13760 – Indonesia Telp. +62 21 840 3883; Fax. +62 21 840 3890
website : www.pt-pp.com
This presentation material is for information only and intended to express our opinion on company’s fundamental at the current, which subject to change without notice at any time. The information herein has been obtained from sources believed to be reliable, but we do not warrant that is accurate or complete data. The Company does not make any representation or warranty with respect to the accuracy or completeness of the assumptions contained in this presentation material.
Disclaimer:
