About Us

PT TIMAH Tbk has Mining Business Permits (IUP) for the area of 473.310 hectares onshore and offshore of Bangka, Belitung, and Kundur Island

PT Timah Investasi Mineral (TIM)

PT Timah Investasi Mineral (TIM) is a direct subsidiary owned by the Company aimed at developing businesses in the non-tin mining sector, which is engaged in managing commercial coal mining businesses in the provinces of South Kalimantan and South Sumatra through its subsidiaries namely TAJ and TBBE. TIM was founded in 1996 as a form of non-tin mining diversification business. However, the Company is currently in the process of divesting TIM shares in TAJ and TBBE in connection with the action plans of the Group’s management and shareholders based on the results of a more economical analysis in the future.  PT Timah Investasi Mineral (TIM) was established based on Notarial Deed of Siti Pertiwi Henny Singgih, S.H., No. 78 dated August 19, 1996.

The authorized capital of PT Timah Investasi Mineral (TIM) in the amount of Rp43,000,000,000 consists of 43,000 shares with a face value of Rp1,000,000 per share. The composition of issued and fully paid-in capital is as follows :

Shareholders Equity Capital (Rp.) Number of Shares (/Share) Ownership Percentage (%)
PT TIMAH Tbk 42,957,000,000 42,957 99.90
KKMM 43,000,000 43 0.10

 

The composition of the Board of Commissioners and Directors of PT Timah Investasi Mineral (TIM) is as follows :

Name / Nama Occupation/ Jabatan
Krisna Sjarif President Commissioner / Komisaris Utama
Yose Rizal Commissioner/ Komisaris
Abdul Kamaroes President Director/ Direktur Utama
Ardiansyah Director/ Direktur