Tower Bersama Infrastructure (TBiG) Win The Top Performing Listed Company 2015 in Investor Awards 2015

Jakarta, 12 May 2015 - Five public company listed on the Indonesia Stock Exchange (IDX): PT Tower Bersama Infrastructure Tbk, PT Bank Negara Indonesia (Persero) Tbk, PP (Persero) Tbk, PT Pakuwon Jati Tbk, and PT Lippo Cikarang Tbk, won the Investor Awards 2015 with the title of 'Top Performing Listed Companies 2015'. The five issuers managed to achieve the best position for the fundamental and technical performance in 2014 proved to be superior among 507 listed issuers on the Indonesia Stock Exchange. In addition to solid fundamental performance, trading liquidity of this issuers increased significantly during April 2014 - March 2015.

this year issuers ranking takes the theme of "Surviving The Waves of Local and Global Uncertainty". This theme was agreed by the jury, to explore the understanding and management strategies facing local and global challenges, as the depreciation of the rupiah against the US dollar. Strengthening dollar has its own challenge on the issuer’s operations, especially for issuers with currency value in large quantities, as well as issuers that rely on imported raw materials. In fact, as the delay of economic recovery in some exports destination countries, issuers revenue also gets the impact.

In these challenging conditions, issuers management is also required to consistently implement a good corporate governance (GCG) as well as risk management. On the other hand, managing the company's success is also measured management of accuracy formulate and implement Corporate Social Responsibility (CSR). According to the jury, ideal CSR programs must be carefully programmed to support the sustainability of the company, even as part of the company’s investment. Likewise, CSR is not merely charity activities or momentarily social assistance.

To establish the best issuers in 2015, the jury agreed to create groupings based on market capitalization above Rp10 trillion and bellow Rp10 trillion. Chairman of the Jury Roy Sembel said grouping is made to balance the competition. On the other hand, the characteristics of companies with a large business scale with the medium and small are relatively different.

After going through selection process based on criteria that have been formulated, which is preceded by the initial selection, the jury set 5 issuers who recorded the highest score of 8 nominations for the best issuers 2015. All 8 Nomination for best issuers are:

PT Tower Bersama Infrastructure Tbk, PT Bank Negara Indonesia (persero) Tbk, PT Lippo Karawaci Tbk, PT Pakuwon Jati Tbk, PT PP (Persero) Tbk, PT Sumarecon Agung Tbk, PT Lippo Cikarang Tbk, and PT Cowell Development Tbk.

In addition to fundamental and technical performance assessment, the best issuers ranking process are combined with the results of respondents questionnaires and jury’s interviews with the issuer’s management. Furthermore, the jury set 5 Best issuers 2015, which includes PT Tower Bersama Infrastructure Tbk, PT Bank Negara Indonesia (Persero) Tbk, PP (Persero) Tbk, PT Pakuwon Jati Tbk, and PT Lippo Cikarang Tbk.

Preliminary Selection
Based on the jury’s agreement, the rating refers to the 9 early selection requirements to filter issuers which considered worthy to be included in the ranking. The first requirement is issuers compliance to publish financial statements in the fiscal year 2014. As the Otoritas Jasa Keuangan (OJK) provision, the publication of the annual financial statements not later than March 31 of each year, except dual listing issuer by the tolerance of up to 15 April each year. Second, issuers involved in the rating should have been listed on the Stock Exchange prior to 2014. Third, no adverse opinion and disclaimer of public accountants. Fourth, no net loss and operating loss in 2014. Fifth, have equity not less than 50 billion.

The sixth requirement, the issuer’s shares relatively active (during the period 1 April 2014-31 March 2015 may not be untraded for 10 weeks or more). Seventh, the financial statements of the issuers must be in December account. Eighth has positive equity during the last two years, and the ninth has a number of shareholders more than 200 parties.

After going through the initial stages on the selection of the 507 listed companies, only 246 issuers were declared eligible, while 261 fail at the initial selection stage. The number who pass the initial selection this year are more than last year which only 222 issuers. From the 261 issuers that do not pass the selection, there are 77 listed companies fail for late in publishing their financial statements or decreased than last year as many as 85 listed companies, and 94 issuers fail for its inactive shares.

Ranking Criteria
Once past the initial selection process, issuers who passed then rated, referring to the eight criteria for ranking. Eight criteria include: (1) share return for one year (1 April 2014 - March 31, 2015), (2) share liquidity and (3) the volatility of share in the same period, (4) three-year sales growth, (5) net operating margin (NM), (6) return on equity (ROE), (7) asset turn over (ATO), and (8) a three-year operating profit growth.

Based on the rating assessment, also the the results of polling over 200 respondents (analysts, investment managers, pension funds, insurance, individual investors, and capital market observer) and interview with nominees director, the jury set five issuers winning the 'Top Performing Listed Companies 2015', In addition to 'Top Performing Listed Companies 2014' winner, the jury also set 14 best listed companies per sector, as well as 100 issuers as the "100 Best Listed Companies 2014".