PT Darma Henwa Tbk (Company) was established as a domestic investment company (PMDN) bearing the name of PT Darma Henwa pursuant to the Law of the Republic of Indonesia, Deed No. 54, dated October 8, 1991.
In July 1996, the Company changed its status from domestic investment (PMDN) to foreign investment (PMA) company as Henry Walker Group Limited acquired the Company’s majority of shares. In January 2005, the Company changed its name to PT HWE Indonesia and finally to PT Darma Henwa Tbk in 2006. Under the name PT Darma Henwa Tbk, the Company then became a publicly listed company in 2007, listing 3,150,000,000 (three billion one hundred and fifty million) common stock on Indonesia Stock Exchange with the ticker code DEWA.
The Company’s business activities are currently focused on mining contractor services, general mining services and equipment maintenance, which are in line with the business scope stated in the Company’s Articles of Association, namely:
1. Land clearing;
2. Top soiling;
3. Overburden removal;
4. Coal hauling;
5. Coal barging; and
6. Equipment rental.
Since its first establishment, the Company has executed a wide range of mining projects from reputable clients with an impressive result and quality, which then led the Company to be known as a renowned mining services provider in Indonesia.
The Company’s mining project portfolio as of the end of September 2017 is described below:
In order to focus its business development on mining contractor services business, the Company has divested its shares in its subsidiaries, namely Coal Vista Resources in 2011 and PT DH Energy and Corfield Investments Limited in 2014. In 2015, the Company acquired PT Cipta Multi Prima, which engages in port business and coal transport, to support the Company’s business structure in mining contractor services.
The Company’s reliable reputation as a mining contractor services provider is getting stronger with the achievement of ISO 9001, ISO 14001 and OHSAS 18001 certifications in 2010, all of which have been successfully maintained until now.
With its reputation and experience of more than 25 years in mining services business, supported by a reliable management team, the Company continues to provide the best mining services for its clients.
The Company’s determination to become the best is realized by developing its business and conducting positive improvement in each business process, both in the head office and mining areas, and in terms of time, quality, work process and well-organized management, in order to meet every single challenge, obstacle and dynamics of the economy in the years to come.