Indometal London Limited is a direct subsidiary owned by the Company which aims to support the Company's strategy to be closer to the London Metal Exchange (LME) market and to become the Company's tin sales agent in Europe and the United States. Indometal London Limited was established based on the Deed of Estavlishment of Company No. 2224189 dated February 20, 1988.
The authorized capital of Indometal London Limited is £ 100,000 consisting of 4,000 shares with a face value of £ 1 (one pound) per share. The composition of issued and fully paid-in capital is as follows :
|Shareholders||Equity Capital (£)||Number of Shares (/lembar)||Ownership Percentage|
|PT TIMAH Tbk||£4,000||4,000||100%|
The Vision and Mission of Indometal London Limited are :
Vision : Being one of the trading companies for ore and tin metal products and their derivatives and other basic metal commodities
Mission : Optimizing the value and contribution of sales and trade-in ore and tin metal products and their derivatives and other essential metal commodities for the profitability of the tin group in a professional manner.
The composition of the Board of Directors of Indometal London Limited is as follows :
|Occupation/ Jabatan||Occupation/ Jabatan|
|Rolan Rizki||Director/ Direktur|