Adaro Energy has an active Investor Relations department. As a part of the finance division, the overriding goal of the IR function is to help lower the cost of capital of Adaro Energy by building understanding in the capital markets through timely and balanced disclosures.
With various tools at its disposal, Adaro Energy’s team members actively seek to engage in ongoing dialogues with key members of the investing public.
IR has active support from many different information sources and leaders within the group, including the Corporate Secretary, Finance, Legal, Marketing, Operations, and Project Development. Reporting to the CFO, Investor Relations is part of the Finance Department but as the main liaison between the company and the capital market, IR makes contact with all the members of the BoD, and many different parts of the company.
Adaro Energy participated in several international and domestic conferences and meetings and conducted a number of international roadshows, minesite visit and quarterly results conference calls. Adaro Energy issued a detailed Quarterly Activities Report, which is not required by the compliance rules, and made regular press releases. All information once lodged to the stock exchange, is put onto Adaro Energy’s website at www.adaro.com and then distributed to a recipient list by email.
Adaro Energy continues to institutionalize the IR task in order to keep the market informed in a timely and balanced manner. |