ANTAM Opens Logam Mulia Gold Boutique in Semarang, Central Java

ANTAM's Semarang Gold Boutique is located in Pemuda Mas shopping complex No.7A DP Mall, Pemuda Street No. 150, Semarang, is the company's sixth Gold Boutique. In 2014, ANTAM plans to expand a further 5 to 10 additional LM Gold Boutiques throughout Indonesia, and optimizing sales in 5 existing Gold Boutique LM in Jakarta, Bandung, Surabaya, Makassar and Palembang.

ANTAM's Operation Director, Tedy Badrujaman said:
"ANTAM plans to continue its expansion to open new Gold Boutique to increase the gold sales, also aims to improve services, ease of transaction, providing a comfortable and secure in gold purchase, as well as educating customer in gold investment. With this expansion antam become a leader in the industry retail gold in Indonesia."

Related to the expansion, in 2014 ANTAM has set target to 13.6 tons in gold sales volume increased 46% of gold sales realization in 2013 of 9.3 tons. Gold made up the largest share of ANTAM's unaudited net sales in the first quarter of 2014, contributing Rp1.16 trilion or 52% of the total unaudited net sales of Rp2.22 trilion.