Property & Business Appraisal, Feasibility Study, Advisory.
It's almost like a management report card. By getting a valuation done on some periodic basis, it can give a business owner a sense of how much their business increased or decreased during some certain time period.
[Alex Kindler]
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Bumi Requests More Time To Review Asset Report

Coal producer PT Bumi Resources has asked for more time to review a draft audit opinion report by the Indonesian Professional Appraisers Society (MAPPI) on the valuation of three assets Bumi has acquired.

“They asked for more time to review the draft report,” said Eddy Sugito, a listing director at the Indonesia Stock Exchange (IDX), on Monday. MAPPI began investigating the three Bumi transactions for the IDX and capital-market regulator Bapepam-LK after the coal giant paid more than five times the market value for one firm it recently acquired, and three times the value for another.

MAPPI team leader Okki Danizah said that Bumi would only be given more time to review the draft, not to debate the results, which were more or less final. Sugito said that the IDX would report on the draft to Bapepam, possibly today. Sugito said that he hoped the matter would be resolved by the end of this week, with the results to be announced by Bapepam.


Publishing Date: 08 Jun 2009

Source: The Jakarta Globe

Business Valuation Division

Business valuation is the act or process of arriving at an opinion or estimation of the value of a business or entity or an interest therein.

Machinary Valuation Division

The machinery valuation division is supported by machinery valuers, with formal education majoring in mechanical engineering, industrial engineering, and electro engineering, mostly members of MAPPI (Indonesian Society of Appraiser).

Agro Valuation Division

Our agro valuation division is supported by agro valuers, who possessed bachelor or master degree in agriculture engineering, and have all become MAPPI (Indonesian Society of Appraiser) members.

Real Estate Division

Our real estate division is supported by real estate valuers with formal education majoring in civil engineering, mostly members of MAPPI (Indonesian Society of Appraisers).