
Foreword from Chief Executive Officer
Greetings to all!
Let us courageously move towards the peak of entrepreneurial success by joining the wave of equity financing and asset mergers!
Atthe beginning, BBM Mining Development Indonesia specialised in coal trading, supplying coal to business partners in China, Malaysiaand other countries. With business expansion and the sharp increase in coal demand, we began to seek independent coal mining rights, finally acquiring them in early 2012. At the same time, we strived to provide the best service to those who assisted us in our coal mining operations. The full support of all parties has enabled us to successfully run our purchasing, trading and export businesses. As our businesses grew, we decided to establish BBM Mining Capital Limited in Hong Kong, which undertook the financing of our projects in Indonesia, Malaysia. To ensure effective equity financing, the Group adopted a bold new financing model by integrating tangible and intangible assets worth billions into HK $500 million, and then further refinanced the HK $ 500 million into a total of HK $ 1.0 billion for funding our development projects. Financing operations are but transactions between capital and assets, wherein the exchange of capital for assets is termed investment, and the exchange of assets for capital is termed financing. We seek to bring about win-win outcomes for the Group and its shareholders through these financing programs. We will uphold the spirit of hard work and dedication by persisting with our goals, completing business transformation, reducing risk, and by drawing out a profit model. I am convinced that success is no more that the following three factors,
1. Things that others would not think of doing
2. Things that others cannot do
3. Things that others would not be willing to do!
Wishing all of you health and happiness, thank you!
SONY LAM
GROUP CEO BBM MINING DEVELOPMENT
