Monday, June 10, 2013

PT Dyandra Media International Tbk held a First GMS


PT Dyandra Media International Tbk (DMI) held a First General Meeting of Shareholders (GMS) on June 7, 2013, which is part of company's activity after the IPO in March and registered with the stock code "Dyan". The first GMS was chaired by Lilik Oetama as President Director of PT Dyandra Media International Tbk (DYAN).

In this first GMS, the Company will present the financial performance and the Company's business activities include business plans forward. "GMS is to be our responsibility to the investors who has provided support and trust to the Company. Through the First GMS, the investors will get a clearer picture about the Company and the Company's activities and future plans, "said Danny Budiharto, Operational Director of PT Dyandra Media International Tbk. "We will always try to run the company as much as possible in order to stable DYAN's share price, the Company's performance continues to grow, and has a strong resistance to the effects of the decline in economic conditions that occurred in the country and abroad," he added.


PT Dyandra Media International Tbk Records 69 Percent Revenue Growth

DMI report a business performance in 2012 at the First GMS of PT Dyandra Media International Tbk(Dyan). In 2012 DMI's revenue were growth and increased 69% from Rp 368 billion in 2011 to Rp 624 billion. This was followed by DMI increased net income in 2012, which grew 35% when compared to profits in 2011 at USD 14.4 billion to USD 64.9 billion.

The main portion of revenues in 2012 was contributed by event and exhibition segment (event organizer) 63%, and the increase in supporting event segment. The increase of revenues was also supported by the presence of two new business segments in 2012, the hotel and convention center & exhibition hall segments. Although it's still in the start-up phase, these segments able to contribute a 10% and hotel segment 7% from total revenue in 2012.

DMI will strengthen the business in all segments in 2013

The entire board of commissioners and directors expressed an optimism of PT Dyandra Media International Tbk (DYAN) to its business growth in 2013.

Daswar Marpaung, Corporate Secretary of PT Dyandra Media International Tbk, said that the company has a target growth for about 70%, the same target growth as last year.

This increase was driven by the addition of 4 new hotels which are expected to operate soon, and the operation of Bali Nusa Dua Convention Center (BNDCC) phase II.

For event organizers and exhibition segments, DMI strengthen its portfolio through the establishment of a Joint Venture venture (JV) with the International scale organizer Tarsus Group and UBMMG Holdings SDN BHD. In addition, this segment is also building a new business, namely PT Dyandra Amaradana which focus in the field of impresario (showbiz), which is expected to also increase the company's revenue and profit contribution.

Another thing that encourages optimism is because DMI's businesses is a unique business when compared to other issuers in IDX. It should be noted that in Southeast Asia, DMI is the only company in the field of MICE offering shares to the public through an IPO.

for Indonesia Market Summaries 10 June 2013

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