Moody's Ratings withdraws BUMA's rating on issuer's request

(Singapore, January 06, 2026)--Moody's Ratings (Moody's) has withdrawn Bukit Makmur Mandiri Utama (P.T.)'s Ba3 corporate family rating.

Prior to the withdrawal, the outlook was negative.

RATINGS RATIONALE

We have decided to withdraw the rating(s) following a review of the issuer's request to withdraw its rating(s). Please refer to Moody's Ratings' Withdrawal of Credit Ratings Policy, available on our website, https://ratings.moodys.com, for more information.

Established in 1998, Bukit Makmur Mandiri Utama (P.T.) (BUMA) is a mining services contractor in Indonesia and Australia that provides open-cut mining services to thermal and metallurgical coal producers. BUMA also owns an anthracite coal mine in the US through its 71%-owned subsidiary, Atlantic Carbon Group (ACG). BUMA is 100% owned (less one share) by PT BUMA Internasional Grup Tbk, an investment holding company listed on the Indonesian Stock Exchange.

REGULATORY DISCLOSURES

This rating is solicited. Please refer to Moody's Policy for Designating and Assigning Unsolicited Credit Ratings available on its website https://ratings.moodys.com.

Regulatory disclosures contained in this press release apply to the credit rating and, if applicable, the related rating outlook or rating review.

The Global Scale Credit Rating(s) discussed in this Credit Rating Announcement was(were) issued by one of Moody's affiliates outside the EU and UK and is(are) endorsed for use in the EU and UK in accordance with the EU and UK CRA Regulation. (ends)