Wednesday, November 21, 2007

PT. Kalbe Farma Tbk. Received ASEAN Business Award


PT Kalbe Farma Tbk. (“KLBF”) today announced receipt of ASEAN Business Award.

Kalbe received the ASEAN Business Award as the winner for the Corporate Social Responsibility category in the ASEAN Business and Investment Summit 2007 held in Singapore on November 18, 2007.

Kalbe was the only company from Indonesia who received the award and had been honored as one of the most admired ASEAN Enterprises.

The ASEAN Business Award was held for the first time by ASEAN Business Advisory Council, a council established by the head of ASEAN countries on the 7th ASEAN Summit at Bandar Seri Begawan, Brunei Darussalam on November 2001.

The qualifying criteria among others are ASEAN-incorporated enterprises with at least 40% ASEAN equity, ASEAN presence (operating in two or more ASEAN countries), Annual revenue of at least USD 20 million, and potential to become a global company in the future.

Further, all participants were selected and assessed based on 4 categories: Growth, Innovation, Employment and Corporate Social Responsibility.

“This award is the recognition for Kalbe as one of the best companies in ASEAN, not only in Indonesia. In the future, Kalbe will continuously improve its capability in all areas, not only in corporate social responsibility activities, but also in innovation, employment and growth,” said Johannes Setijono, CEO of Kalbe.

BAHASA