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PT Makmur Sejahtera Wisesa
(“MSW”)

Joseph Chong, Chief Executive Officer
Malaysian citizen, 58. Obtained a Bachelor’s degree in Mechanical Engineering from the University of Liverpool, United Kingdom in 1975 and an MBA from Oregon State University, USA in 1982. Has had over 30 years experience in Tenaga Nasional Berhad, Malaysia’s power utility company in various roles including Operations and Maintenance of power plant, Power Project Management, Finance, Fuel Risk Management and Procurement. Currently appointed as CEO of PT Makmur Sejahtera Wisesa. |
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PT Makmur Sejahtera Wisesa (“MSW”) - MSW is constructing a 2x30 MW mine-mouth power plant that will not only provide power to Adaro Indonesia’s mining operations but will also provide 1.5 MW of surplus power to the local community free of charge when it becomes operational in 2011.
| PT Makmur Sejahtera Wisesa (MSW) |
2008 |
2009 |
| Key Financial Highlights (in Rp ‘000) |
| Total Assets |
371,267,602 |
375,442,872 |
| Total Liabilities |
51,055,677 |
133,102,615 |
| Total Equity |
324,387,195 |
238,164,987 |


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