Dian Swastatika forms new power unit
Tuesday, February 16 2016 - 04:22 PM WIB
IDX-listed energy firm PT Dian Swastatika Sentosa Tbk announced on Tuesday that on Feb. 15, its subsidiaries, PT DSSP Power Sejahtera (99 percent indirectly owned by the firm) and PT DSSP Power Mas Utama (99 percent indirectly owned by the firm) have set up a joint venture called PT DSSP Power Sumsel Dua.
The new firm has Rp 40 billion in authorized capital with ownership structure comprising 9,990 shares for DSSP Power Sejahtera and 10 shares for DSSP Power Mas Utama.
Editing by Johannes Simbolon