Palembang IDX Representative Office Inaugurates the Investment Gallery in Baturaja

INDUSTRY.co.id - Baturaja - The representative office of the Indonesia Stock Exchange (BEI) Palembang inaugurated the IDX Investment Gallery at Baturaja University (UNBARA) on Tuesday (07/08/2018). This is the first IDX investment gallery outside the city of Palembang.

The establishment of the IDX Investment Gallery at UNBARA, precisely in the city of Baturaja, Ogan Komering Ulu Regency, aims to deepen public knowledge about the capital market and share investment.

This BEI University Investment Gallery is collaboration between PT Bursa Efek Indonesia and PT Phintraco Sekuritas. The inauguration ceremony of the Baturaja University IDX Investment Gallery was attended by Area I Head of Area Development Dedy Priadi, Head of Regional Business Development of PT Phintraco Sekuritas Andre Mahardika, Dean of the Faculty of Economics, Baturaja University Lisa Hermawati, who was also attended by OJK Financial Services Institution Supervision Director Regional VII SumBagSel Office Sabil Mustamin.

Besides being a pioneer in Ogan Komering Ulu District, the inauguration of the BEI Investment Gallery was also recorded as the 71st BEI Investment Gallery which was inaugurated in 2018, becoming the 9th BEI Investment Gallery and the 11th IDX Investment Gallery in the South Sumatra Province.

The BEI University Investment Gallery is the 360th IDX Investment Gallery which was officially opened by the IDX. In the City of Palembang itself, as the capital of South Sumatra Province, two IDX Investment Galleries have been established in the Traditional Market, namely the Bukit Kecil Market IDX Investment Gallery and the Cambodia Market IDX Investment Gallery.

As of June 29, 2018, the number of investors in the Ogan Komering Ulu regency was 549 securities accounts (SRE) and 499 single investor identification (SID). While for the scale of South Sumatra Province the number of investors is 14,583 SRE and 12,216 SID.

Baturaja City also has a big contribution to one of the listed companies on the Stock Exchange which has the largest reserves of lime as raw material for cement, namely PT Semen Baturaja Tbk (SMBR) which has the largest cement-producing factory in the city.

The plant itself has been operating since 1981 and now has a production capacity of 3.15 million tons of cement per year, so that the production volume of SMBR is able to reach 3.85 million tons of cement per year. The plant is currently operated by 770 core employees.

Regional potential owned by the City of Baturaja, the capital of Ogan Komering Ulu Regency is its strategic geographical location between Prabumulih City and Muaraenim City as a producer of oil and gas, and Coal, the location of PT Bukit Asam Tbk operates.

The day before, Monday (08/06/2018) BEI collaborated with PT KGI Sekuritas Indonesia to inaugurate the BEI Investment Gallery of Tridinanti University Palembang (UTP). BEI Investment Gallery Palembang Tridinanti University is listed as the 359th IDX campus Investment Gallery in 2018, the 70th BEI Investment Gallery which was inaugurated in 2018, becoming the 8th IDX Investment Gallery and the 10th IDX Investment Gallery in the South Sumatra Province.

IDX during 2018 has inaugurated a total of 390 Investment Galleries throughout Indonesia. From Sabang to Merauke, there is an IDX Investment Gallery in all provinces in Indonesia.

The inauguration of the IDX Investment Gallery of Tridinanti University in Palembang was attended by the Head of Area Development Area I Dedy Priadi, Director of PT KGI Securities Indonesia Robby Winindo Chancellor of Palembang Manisah Tridinanti University who was also attended by the Head of OJK Regional Office VII SumBagSel Panca Hadi Suryatno.

With the launch of the IDX Investment Gallery at Tridinanti University in Palembang and at Baturaja University, it is expected to improve the capital market literacy and education in the local area while increasing the number of capital market investors, especially in Ogan Komering Ulu Regency and South Sumatra Province in general. (Abraham Sihombing)