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Jakarta, January 17, 2014 - Today PT ANTAM (Persero) Tbk (ASX - ATM; IDX – ANTM; ANTAM) announces that ANTAM has opened a Representative Office in Shanghai, People's Republic of China. The opening is related to ANTAM's ongoing steps to support and expand sales activities in China, mainly for its ferronickel, alumina and coal products.
ANTAM's President Director Tato Miraza said,
"We expect the new Shanghai Representative Office will expand sales activities of our ferronickel, alumina and coal products. Furthermore, the Office will also provide easier and faster access for partnership opportunities and financing access with the Chinese companies."
ANTAM's Shanghai Representative Office will serve as ANTAM's marketing representative office for the China region. ANTAM may leverage its presence in the country for future fund raising activities as well as management of its relationships with Chinese companies, including in the area of technology, in developing ANTAM's vast reserves and resources through construction of processing and refinery facilities in Indonesia.
The Shanghai Representative Office is ANTAM's second representative office abroad after Tokyo, Japan. ANTAM's Shanghai Representative Office is located at di Rm6058, 6/F, 21 Century Tower, 210 Century Avenue, Pudong New Area, Shanghai 200120, People's Republic of China.