Dian Swastatika units increase capital
Tuesday, April 5 2016 - 02:52 AM WIB
IDX-listed energy firm PT Dian Swastatika Sentosa Tbk announced Monday that power company PT DSSP Power Sentosa, the company's indirect subsidiary with effective ownership of more than 99 percent, has increased its authorized capital from Rp 1,000,000,000 consisting of 1,000 shares to Rp 200,000,000,000 consisting 200,000 shares.
Dian said in a statement that DSSP Power also increased its issued and paid up capital from Rp 250,000,000 consisting of 250 shares to Rp 60,250,000,000 consisting of 60,250 shares, with issuance of 60,000 new shares, of which all new shares were subscribed by PT DSSP Power Mas Utama.
Shareholding structure of PT DSSP Power Sentosa after the above-mentioned capital increase consists of PT DSSP Power Mas Utama as the owner of 60,249 shares with nominal value of Rp 60,249,000,000 and PT DSSE Energi Mas Utama as the owner of 1 share with nominal value of Rp 1,000,000.
Futhermore, Dian said that PT SKS Listrik Kalimantan, company's indirect subsidiary with effective ownership more than 99 percent, has increased its authorized capital from Rp 12,000,000,000 consisting of 120,000 shares to Rp 200,000,000,000 consisting of 2,000,000 shares.
SKS Listrik Kalimantan also increased its issued and paid up capital from Rp. 12,000,000,000 consisting of 120,000 shares to Rp 60,600,000,000 consisting of 606,000 shares, with issuance of 486,000 new shares, of which all new shares were subscribed by PT DSSP Power Sentosa.
At the same time, the shareholders of PT SKS Listrik Kalimantan, i.e Hillmas Coal Pte. Ltd., Kalteng Investment Pte. Ltd., Shaanxi North West Power Corporation (Singapore) Pte. Ltd.. transferred all their shares to PT DSSP Power Sentosa. Shareholding structure of PT SKS Listrik Kalimantan after the above-mentioned capital increase and internal restructuring consists of PT DSSP Power Sentosa as the owner of 600,000 shares with nominal value of Rp 60,000,000,000 and PT Blackmas Makmur as the owner of 600 shares with nominal value of Rp 600,000,000.
Editing by Reiner Simanjuntak