Recently, RSR has assisted PT Merck Sharp Dohme Pharma Tbk’s (ticker : SCPI) by conducting valuation service with regard to its delisting plan from the Indonesia Stock Exchange (IDX). Beside SCPI, RSR had also assisted 2 other companies in delisting their shares, i.e. PT Aqua Golden Mississippi Tbk (ticker : AQUA) in June 2010 and PT Alfa Retailindo Tbk (ticker : ALFA) in December 2010.
In mid January 2013, RSR had successfully assisted PT. Semen Indonesia (Persero) Tbk in acquiring Thang Long Cement (Vietnam) by conducting valuation services, providing Fairness Opinion and calculating Purchase Price Allocation for financial reporting purposes.
To provide comprehensive valuation services as a partner for corporate actions and financial reporting, we proudly announce that effectively as of 1st December 2012, a group of professional public appraisers specialized invaluation of biological assets and real properties has joined RSR.
Based on the performance audit result of Pusat Pembinaan Akuntan dan Jasa Penilai (PPAJP) on our valuation services provided during the year of 2011-2012, as stated by Secretary General of the Ministry of Finance of the Republic of Indonesia in its letter No. SR-530/SJ/2012 dated June 8, 2012, RSR is declared to be generally complied with Regulation No. PMK. 125/PMK.01/2008 re. Public Appraisal Services, as well as the Indonesian Valuation Standards (Standar Penilaian Indonesia, SPI) particularly in complying of Terms of Assignment, Inspection, Valuation Report, Working Papers and completeness of supporting documents.