Sep 5, 2011

Gamala Katoppo to join Delta Dunia

Well-experienced Head of Investor Relations Gamala Virasa Katoppo at engineering contractor PT Truba Alam Manunggal Tbk will resign from his current position and join coal mining contractor PT Delta Dunia Makmur Tbk (DOID).
Gamala, or people call him Wira, will be appointed as corporate secretary at Delta Dunia, taking over responsible from Andre Soelistiyanto. 
Wira was former head of investor relations at oil and gas producer PT Medco Energi Internasional Tbk (MEDC) for several years.
In an official announcement published today. Truba Manunggal has mandated Kristono Wardhana as new corporate secretary, replacing his predecessor.
"I will join Delta Dunia as corporate secretary, which is now handled by Andre Soelistiyanto," Wira told Insider Stories.
Delta Dunia is Indonesia's second largest coal mining contractor, led by Hagianto Kumala, former famed executive of PT United Tractors Tbk, which is controlled by Texas Pacific Group, China Investment Corporation, and Government of Singapore's Investment Corporation.
Truba Manunggal, leading EPC contractor of power plant projects, is now headed by Sidarta Sidik with President Commissioner Richard Harjani.
In the first quarter of 2011, PT Mandala Kapital controls 27.97% shareholding in Truba Manunggal, Indo Infrastructure Group Pte Ltd of 9.52%, PT Alam Manunggal of 10.21%, and public holders of 52.30%. 

Disclosure: No position at the stock mentioned above.  

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