[ferro-alloys.com]PT Aneka Tambang Tbk (ANTAM; IDX: ANTM; ASX: ATM) through the Precious Metal Processing and Refinery Business Unit (UBPP LM) is pleased to announce the strategic cooperation with PT Bank Jabar Banten Syariah (Bank BJB Syariah) in gold sales and distribution of ANTAM-LM's precious metal products. The partnership is established through the signing of cooperation agreement between ANTAM's Marketing Director, Tatang Hendra and Bank BJB Syariah's President Director, Indra Falatehan in Bandung on September 14, 2018.

For the Company, the strategic cooperation is expected to support ANTAM LM's gold sales and its distribution channel through Bank BJB Syariah network, especially in West Java, Banten and DKI Jakarta. Under the corporation, Bank BJB Syariah will provide funding facility on ANTAM-LM gold product purchasing for the customer through iB Maslahah Gold Ownership Financing product.

ANTAM's Marketing Director, Tatang Hendra said:

"ANTAM welcomes the strategic cooperation with Bank BJB Syariah. We hope the partnership with Bank BJB Syariah will create a beneficial mutual cooperation. Bank BJB Syariah has solid market based in West Java, Banten and DKI Jakarta .Thus we are optimistic. The synergy shall encourage ANTAM-LM gold’s market penetration as well as our gold sales performance through ANTAM-LM Gold Boutique in the region.”

President Director of Bank BJB Syariah, Indra Falatehan said :

"The signing of cooperation agreement between Bank BJB Syariah and ANTAM is a part of our strategy to strengthen our consumer based segment as a captive market in 2018. We hope the synergy will encourage our marketing performance especially on Bank BJB Syariah’s primary product, the iB Maslahah Gold Ownership Financing Product.”

The cooperation between ANTAM and Bank BJB Syariah will provide easier access for gold ownership by the public through the option of gold direct purchasing in ANTAM-Logam Mulia Gold Boutique network as well as instalment purchasing through Bank BJB Syariah’s iB Maslahah Gold Ownership Financing facility. From the strategic partnership, it will be expected a 320 kg of ANTAM-LM gold product yearly will be delivered to the customer through the instalment facility of Bank BJB Syariah’s iB Maslahah Gold Ownership Financing product. Both ANTAM and Bank BJB Syariah are optimistic to increase public awareness on gold as an investment instrument.

The Bank BJB Syariah’s Maslahah iB Gold Ownership Financing product offering the easy, fast and affordable process on gold ownership program within period of 5 years. Furthermore, ANTAM as the only gold processing and refinery plant in Indonesia which accredited by London Bullion Market Association (LBMA), provides a recent design of gold minted bar product which packed with CertiCard® technology that provides the layered security features to enhance the security sense in gold investment. The ANTAM-LM gold minted bar product are available for product domination of 0.5 up to 500 grams. 

• [Editor:王可]