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PT Alam Sutera Praise Capital PT Tangerang 1.25 Trillion Real Estate

Jakarta (Benchmark News) – PT Alam Sutera Realty Tbk (ASRI) explains its subsidiaries, namely PT Tangerang Matra Real Estate (TMRE) raise capital become Rp2,5 trillion.

Formerly capital of PT TMRE amounting to Rp1,25 trillion with a nominal price shares at Rp 1,000 per share. So cite the information disclosure in the BEI, Friday (11/12/2016).

Capital increase amounting to Rp1,25 trillion has taken part and paid entirely by shareholders. The shares of PT Alam Sutera Realty Tbk (ASRI) has a 51 percent ownership stake or equivalent to Rp1,167 trillion, PT Alfa Goldland Realty of Rp1,077 trillion or equivalent to 47.9% and PT Swamp Diamonds amounting to Rp4,5 billion or 0.2 percent.

Corporate actions this is an affiliate relationship as the company, PT TMRE da PT Intan Swamp with The Nicholas the Commissioner also became a Commissioner in PT Swamp Diamonds. In addition the company and PT Intan Marshes directly and indirectly controlled by the same party that is the major shareholder of the company.

Capital increase due to increase of the space motion of PT Intan Swamp that has the knowledge and expertise in the development of the area. This means that it will benefit the company when compared with other parties….(Red)

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