Kuya Food Express JAKARTA. PT Resource Alam Indonesia Tbk (KKGI), a prominent coal mining issuer, has announced an ambitious plan to diversify its business operations by expanding into non-mining sectors.
This strategic pivot was officially disclosed to the Indonesia Stock Exchange (BEI). KKGI intends to incorporate several new Indonesian Standard Business Classification (KBLI) codes, significantly broadening its operational scope. These additions include KBLI 52101 for warehousing and storage, KBLI 55900 for other accommodation services, KBLI 68120 for tourism areas, KBLI 79911 for tourism information services, and KBLI 79912 for tourist attraction information services.
The inclusion of KBLI 52101 for warehousing and storage is a direct response to KKGI’s ownership of a building in Samarinda, East Kalimantan. This facility, which has not been utilized for the company’s operational activities in recent years, is currently leased to PT Unilever Indonesia Tbk (UNVR).
As stated by KKGI Management in their information disclosure on Monday, May 11th, “The company therefore intends to add KBLI 52101 to align its business activities with the existing warehouse leasing operations.”
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Furthermore, KKGI possesses uncertified land, known locally as “tanah girik,” in both Samarinda and Kutai Kertanegara. These plots are former coal mining sites that have been fully extracted and reclaimed, but currently remain undeveloped.
The company plans to proceed with the certification of these lands. However, the process faces a significant hurdle due to regional zoning regulations; a portion of the land in Kutai Kertanegara falls within a designated tourism zone.
KKGI Management clarified that “The company is required to possess KBLI codes related to tourism activities as one of the prerequisites for the certification process.”
Beyond fulfilling zoning requirements, KKGI’s land certification efforts are also critical to mitigate the risk of these properties being classified as neglected land.
The expansion of these business activities is poised to elevate KKGI’s property investment. It will secure land ownership valued at US$ 5.52 million, comprising the book value of the “tanah girik” at US$ 3.36 million and capitalized certification costs amounting to US$ 2.16 million.
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KKGI’s revenue streams are also projected to see a significant boost from the continued warehouse leasing operations, generating an additional US$ 274,231 in 2026 and an estimated US$ 305,455 annually from 2027 through 2030.
To fully implement these strategic new business ventures, KKGI will seek approval from its shareholders at the Annual General Meeting of Shareholders (AGMS) scheduled for June 18, 2026.
Summary
PT Resource Alam Indonesia Tbk (KKGI), a prominent coal mining issuer, is diversifying its operations by expanding into non-mining sectors, specifically warehousing and tourism. This strategic pivot involves adding new Indonesian Standard Business Classification (KBLI) codes to reflect existing warehouse leasing activities in Samarinda and to meet prerequisites for certifying former mining lands. The inclusion of tourism-related codes is necessary because a portion of KKGI’s uncertified land in Kutai Kertanegara is located within a designated tourism zone.
This business expansion is crucial for KKGI to align its stated activities with current operations and to prevent its uncertified properties from being categorized as neglected land. The diversification is projected to enhance the company’s property investment by US$5.52 million and boost revenue from continued warehouse leasing. These new business ventures will require approval from shareholders at the Annual General Meeting scheduled for June 18, 2026.