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Jl. M.H. Thamrin No. 51 Jakarta 10350, Indonesia.

Phone 622131990258

Envelope corsec@dss.co.id

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  3. Capital Increase and Internal Restructuring in Subsidiaries
July 22, 2021

Capital Increase and Internal Restructuring in Subsidiaries

On July 21, 2021, PT Sinarmas Sukses Sejahtera (“SSS”) has increased its authorized capital from Rp 400,000,000 to Rp 28,000,000,000; increased its issued and paid-up capital from Rp 100,000,000 to Rp 7,000,000,000, with the issuance of 6,900 new shares to the Company. 

Shareholding structure of SSS after the above changes is:

Shareholder

Number of Shares

Issued and Paid-up Capital

The Company

6,901

Rp 6,901,000,000

PT DSSA Mas Infrastruktur (“DSSA MI”)

99

Rp 99,000,000

Total

7,000

Rp 7,000,000,000

On the same day, DSSA MI has transferred its shares ownership in Alpha Prime Services Pte. Ltd (“Alpha”), Golden Prime Power Pte. Ltd (“Golden”), and Shining Energy Pte Ltd (“Shining”) to SSS.

Shareholding structure of Alpha, Golden, and Shining after the above changes is:

Company

Shareholder

Number of Shares

Issued and Paid-up Capital

Alpha

SSS

151,000

USD 151,000

Golden

SSS

183,000

USD 183,000

Shining

SSS

167,000

USD 167,000

SSS, DSSA MI, Alpha, Golden, and Shining are subsidiaries of the Company.

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