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Sinarmas Land Ltd announces incorporation of new subsidiaries


Friday, 3 Jan 2014 05:07am EST 

Sinarmas Land Ltd:Says the establishment of PT Duta Usaha Sentosa (DUS) with an initial issued and paid up share capital of 12.5 mln Rupiah (equivalent to S$1,250) comprising 12,500 shares of 1,000 each fully paid up.Says establishment of PT Bumi Megah Graha Asri (BMGA) with an initial issued and paid up share capital of 30 bln (equivalent to S$3 mln) comprising 30,000 shares of 1 mln Rupiah each fully paid up.Says establishment of PT Putra Tirta Wisata (PTW) with an initial issued and paid up share capital of 50 bln Rupiah (equivalent to S$5 mln) comprising 100 mln shares of 500 Rupiah each fully paid up.