ANTAM’s Gold Is Available For Purchase at Post Office
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ANTAM’s Gold Is Available For Purchase at Post Office
Malang, February 6, 2017 - PT ANTAM (Persero) Tbk (IDX: ANTM; ASX: ATM; ANTAM) and PT Pos Indonesia (Persero) (Pos Indonesia) have agreed to enter strategic partnership to provide easier access for the public to purchase ANTAM’s gold at post offices throughout Indonesia. The start of the sales at the post office is marked by a grand launching event at Malang post office, East Java, held today. The Mayor of Malang Haji Mochamad Anton, Deputy of Energy, Logistics and Transportation of the Minister of SOE Edwin Hidayat Abdullah, Pos Indonesia’s President Director Gilarsi W. Setijono and ANTAM’s President Director Tedy Badrujaman attend the event.
Pos Indonesia’s President Director Gilarsi W. Setijono says the wide network of Pos Indonesia will provide easier access for the public to purchase ANTAM’s gold. ANTAM’s gold is available for purchase at the Checking Post Office, Inner Town Post Office and Out of Town Post Office.
Gilarsi W. Setijono further says customers can purchase ANTAM’s gold products using an order system at the nearest post office and conducting payment through application/system. Following customer’s order, ANTAM’s Precious Metal Processing and Refinery Business Unit (UBPP LM), located in Jakarta, will deliver the LM gold. The gold will be picked up by the East Jakarta Post Office using special courier service and further processed using i-Pos system and will be categorized as valuable goods.
Gilarsi W. Setijono adds that the partnership is based on the spirit of SOE synergy, increasing revenue through new business service with walk-in customer as target audience, creating positive image of the capability of Pos Indonesia in handling valuable goods, strengthening corporate competitiveness with competitors as well as educating the public in the gold investment or gold saving for the future.
Gilarsi W. Setijono also guarantees the program is supported by reliable information technology in the purchase/order system as well as in the delivery of the valuable goods. The transaction information will be recorded accurately, quickly, and will provide easier reconciliation process, settlement and reporting for oversight and evaluation, both for the company and for the partner.
ANTAM’s President Director Tedy Badrujaman believes the partnership will support ANTAM’s gold business. The partnership of gold sales through post offices is ANTAM’s effort in strengthening the marketing reach to customers. ANTAM believes extending the sales distribution channel will increase the company’s competitiveness, notably in the gold business.
The partnership between ANTAM and Pos Indonesia covers the sales, payment, and distribution partner of ANTAM’s precious metal products at Post Offices. The customers can purchase LM gold at the post office using an order system. Following customer’s order, ANTAM will use the service of Pos Indonesia to deliver the LM gold from the UBPP LM office in Jakarta to the post office serving as point of sale.
109 post offices located in Java, Madura, Bali, West Nusa Tenggara and East Nusa Tenggara will be the first stage under the agreement between ANTAM and Pos Indonesia. Customers can order LM gold starting from 0.5 grams until 50 grams at these 109 post offices beginning 6 February 2017.
ANTAM is a leading natural resources based diversified and vertically integrated company with nickel ore, ferronickel, gold, silver, bauxite, coal, alumina and precious metal processing and refinery services as main products and services. With over 48 years of experience, ANTAM owns vast high quality high quality nickel and bauxite reserves. ANTAM’s Precious Metal Processing and Refinery Services is Indonesia’s only precious metal processing and refinery unit with London Bullion Market Association (LBMA) accreditation. 65% of ANTAM’s shares is owned by the Government of Indonesia. ANTAM’s shares are listed in the Indonesia Stock Exchange (IDX) and Australia Securities Exchange (ASX). Recently ANTAM received “IDX Best Blue 2016” award from the Indonesia Stock Exchange for the its best performance growth. The selection was based on listed shares at the IDX for the past one year, the number of investors owning ANTAM’s shares, trading transaction level, significant price increase and having solid fundamental.
About PT POS Indonesia (Persero)
PT Pos Indonesia (Persero) has vast network of 4,800 post offices in Indonesia, with more than 4,300 connected online. The Company also has vast Point of Sales consisting of 24,410 post offices, 11,835 post agents, and others. With a vast network, post office is a strategic media in sales or goods or services distribution. PT Pos Indonesia (Persero) has a dedicated, distribution system, track and trace, superior service, speed and reliability as well as competitive pricing. PT Pos Indonesia (Persero) continues to its innovation initiative. Examples include the development of Postshop which expand the company’s retail business from conventional post office into modern post office. The new concept provides one stop shopping, offering postal services (postage retail services) in the form of mail services, package services, financial services (pospay, remittance, and others), postal items (stamp, postage stamp, philately), online shopping and e-commerce services (galeriukm.com), myPos application and m-pospay services.