Company Profile: PT Alfa Energi Investama Tbk (FIRE.JK)

Company Profile PT Alfa Energi Investama Tbk. (FIRE.JK)

Photo: Alfa Energi Investama       PT Alfa Energi Investama Tbk (FIRE.JK) was established on 16 February 2015 in Jakarta. On 5 March 2015, The Company expanded its business in the electricity industry by acquiring 99% shares in PT Alfa Daya Energi (ADE), which is engaged in the power plant business. Together with another subsidiary, PT Alfara Delta Persada, the Company plans to own a coal-fired power plant in the future.

In June 2015, the Company acquired a 99% stake in PT Adhikara Andalan Persada (AAP), a holding company engaged in coal mining through its subsidiary. Subsequently, in August 2016, the Company acquired PT Properti Nusa Sepinggan (PNS), a holding company engaged in coal mining through its subsidiary.

The Company indirectly owns a coal mine through its subsidiary PT Alfara Delta Persada with a Mining Permit (IUP) covering an area of ​​2,089 hectares in Kutai Kartanegara, East Kalimantan, and began conducting commercial business activities in 2016. The Company also owns coal mining assets in Kutai Barat, East Kalimantan. covering an area of ​​6,000 hectares through PT Berkat Bara Jaya which is still in the pre-operation stage.

The Company produces low-to-medium coal, with GAR 3,500, 4,200, and 4,500 Kcal/gram, the water quality of 30%, a maximum sulfur content of 0.6%, and 8% ash content. The company is part of the Alfa Centra business group whose majority shares are owned by Aris Munandar (President Director).

General Information

NamePT Alfa Energi Investama Tbk
Ticker CodeFIRE
AddressPlaza 5 Pondok Indah Blok D-12, Jl. Marga Guna RT. 3/RW.11, Gandaria Utara, Kebayoran Baru, Jakarta, Indonesia
Tax Identification Number72.558.812.3-013.000
IPO Date09 Jun 2017
Main BusinessCoal trading, shipping, and mining through subsidiaries
Sub SectorOil, Gas, and Coal
Sub IndustryCoal Production

Financial Data

Stock Price


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