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Company Profile
PT Suryainti Permata Tbk. was established in 1990 and entered the property and real estate development business including facilities and its infrastructure. Within 16 years of the Company’s operation,it has been able to grown and developrapidly.The Company’s has vast experience in management in developing industrial estates, housing, office complexes, hotels and office buildings. Various types of innovative products have been developed by the Company, making the Company, PT Suryainti Permata, even more recognized as one of the most competitive in the Indonesian property industry.
REVIEWS
THE COMPANY'S VISION AND MISSION
VISION
To create real estate developments that are both desirable and in demand fulfilling our costumer’s primary needs, while defining a unique community within business center, residential and industrial estate.
MISSION
- To provide high-quality and attractive real estate developments to our residential costumers, meeting their needs for comfort and safety, while fulfilling their desires for getting the best value for their investment;
- To provide effective and efficient of spaces and high quality infrastructure for real estate users and meeting their needs for economical and efficient access to commercial centers, comfortable residential and industrial areas;
- To recognize the importance of our various shareholders, and to aggressively seek value creation opportunities.
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The History of the Company :
The Company was established as PT Surya Indah Permata and its business lines are Hotels and Condominium. The beginning capital amounted to Rp 14,000,000,000 with assets of 30 hectares plots of land at Jl Raya Juanda, Sidoarjo.
In 1991 the name of the Company was changed to PT Suryainti Permata.
As a developing enterprise, in 1997 the Company has increased its capital structure to Rp 250,000,000,000. PT Permata Sumber Investindo as a major shareholder owns 79% the Company’s share.
In the same year, in relation to strengthen the Capital structure, the Company’s management has increased its capital through initial public offering in the capital market. The Company issued 100,000,000 shares, with the nominal amount of Rp 50,000,000,000. Since the public offering, all of Company’s shares listed and traded in Jakarta Stock Exchange. PT Permata Sumber Investindo as a major shareholder owns 83% of the Company’s share.
Extraordinary Stockholders’ General Meeting on January 31, 2005 has agreed to incease the capital by issuance of 301,492,340 new shares of B Series with nominal Rp 200 per share. Paid-up Capital increased to Rp 360,298,467,800, consisting of 600,000,000 shares of A Series and 301,492,340 shares of B Series. Eastlion Worldwide, Ltd, Singapore as a major shareholder owns 33.44%.
The Stockholders’ Extraordinary Meeting on June 28, 2005 had agreed as follows:
- Converting shares of A series in the portfolio amounting to 1,279,403,064 shares with nominal value Rp 500 per share, to A series shares amounting to 3,198,507,661 shares with nominal value Rp 200 per share.
- Issuing shares of B series in portfolio amounting to 150,248,724 shares with nominal value Rp 200 per share amounting to Rp 30,049,744,800 to be distributed as stock dividend.
Stockholders’ Extraordinary Meeting which was held on January 8, 2008, the Stockholders’ had agreed to the Company plan for stock split with ratio 1 old share to 4 new shares.
The Company’s shares have been listed on Indonesia Stock Exchange amounted to 4,206,964,252 shares or Rp 390,348,212,600.