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VIII. DESCRIPTION OF THE COMPANY AND SUBSIDIARIES
1. Brief History of the Company
The Company is a limited liability company domiciled in South Jakarta. The Company was established under the name of PT Soechi Lines and conducts its business activities based on and in accordance with the prevailing
laws and regulations in the Republic of Indonesia, based on Deed of Establishment No. 16 dated 13 August 2010, drawn up before Meissie Pholuan, SH., Notary in Jakarta, which was approved by the Minister of Law and
Human Rights by virtue of Decree AHU-44960.AH.01.01.Tahun 2010, and was registered in the Company Registry No. AHU-0068758.AH.01.09.Tahun 2010 dated 22 September 2010, and the Company was registered
in the Company Register under TDP No. 09.03.1.70.69774 dated 04 May 2011 at the South Jakarta Company Registration Office and was announced in the State Gazette of the Republic of Indonesia No. 16 dated 24
February 2012, Supplement to the State Gazette of the Republic of Indonesia No. 3923 ―Deed of Establishment‖.
Since the date of establishment up to the date of issuance of this Prospectus, the Company’s Articles of Association has been amended several times, as described below:
a. Deed of PT Soechi Lines Shareholders Resolution No. 52 dated 13 December 2012, drawn up before Yulia,
SH., Notary in South Jakarta, which was approved by the Minister of Law and Human Rights by virtue of Decree No. AHU-64231.AH.01.02.Tahun 2012 dated 14 December 2012, and was registered in the
Company Registry No. AHU-0108796.AH.01.09.Tahun 2012 dated 14 December, and was registered in the Company Register under TDP No. 09.03.1.70.86232 dated 13 September 2013, which stipulated the
approval of the shareholders to: i change the nominal value of the shares from Rp 1,000,000 one million Rupiah per share to Rp 100 one hundred Rupiah, ii increase the Company’s authorized capital from Rp
200,000,000,000 two hundred billion Rupiah to Rp 400,000,000,000 four billion Rupiah and increase the Company’s issued and paid-up capital from Rp 50,050,000,000 fifty billion and fifty million Rupiah to Rp
107,208,100,100 one hundred seven billion two hundred eight million one hundred thousand and one hundred Rupiah.
b. Deed of PT Soechi Lines Shareholders Resolution No. 192 dated 21 June 2013, drawn up before Ardi Kristiar, SH., MBA, Notary in South Jakarta, acting on behalf of Yulia, SH., Notary in South Jakarta, which
was approved by the Minister of Law and Human Rights by virtue of Decree No. AHU-34706.AH.01.02. Tahun 2013 dated 26 June 2013, which stipulated the approval of the shareholders to: i increase the
Company’s authorized capital from Rp 400,000,000,000 four hundred billion Rupiah to Rp 1,400,000,000,000 one trillion four hundred billion Rupiah, ii increase the Company’s issued and paid-up
capital from Rp 107,208,100,100 one hundred seven billion two hundred eight million one hundred thousand and one hundred Rupiah for Rp 357,208,100,100 three hundred fifty seven billion two hundred eight million
one hundred thousand and one hundred Rupiah;
c. Deed of PT Soechi Lines Shareholders Resolution No. 122 dated 30 August 2013, drawn up before Ardi Kristiar, SH., MBA, Notary in South Jakarta, acting on behalf of Yulia, SH., which has i received approval
from the Minister of Law and Human Rights by virtue of Decree No. AHU-46582.AH.01.02.Tahun 2013 dated 4 September 2013 and was registered in the Company Registry No. AHU-0083310.AH.01.09 Tahun 2013
dated 4 September 2013, which stipulated the approval of the shareholders to: i change the aims and objectives of the Company, ii change and adjust the Company’s Articles of Association in its entirety to
conform with the provisions stipulated in Rule No. IX.J.1 and to change the Company’s status from a private company to a public company and to subsequently change the name of the Company to: ‖PT SOECHI
LINES TBK. ‖
d. Deed of Shareholders Resolution No. 119 dated 25 March 2014, drawn up before Ardi Kristiar, SH., MBA, acting on behalf of Yulia, SH., Notary in South Jakarta Municipality, which has received the Notification of
Changes in Articles of Association from the Minister of Law and Human Rights by virtue of Letter No. AHU- 00244.40.21.2014 dated 8 April 2014, registered in the Company Registry under No. AHU-00244.40.21.2014
dated 8 April 2014 and has received the Notification of Changes of the Company’s Data from the Minister of Law and Human Rights by virtue of Letter No. AHU-01328.40.22.2014 dated 8 April 2014, and was approved
by the Minister of Law and Human Rights by virtue of Decree No. AHU-00224.40.20.2014 Tahun 2014 dated 8 April 2014, and was registered in the Company Registry under No. AHU-00224.40.20.2014.Tahun
2014 dated 8 April 2014, which stipulated the approval of the Company’s shareholders to 1 change the aims and objectives of the Company, and therefore to amend Article 3 of the Company’s Articles of
Association, 2 change the composition of the Issuer’s management; 3 change the Company’s status to Private Company, and the subsequent change of name to PT Soechi Lines.
e. Deed of Shareholders Resolutions No. 16 dated 30 June 2014, drawn up before Doddy Natadihardja, SH., Notary in Tangerang, which was approved by the Minister of Law and Human Rights of the Republic of
Indonesia by virtue of Decree No. AHU-04800.40.20.2014 Tahun 2014 dated 1 July 2014, and was
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registered in the Company Registry under No. AHU-0066527.40.80.2014 dated 1 July 2014, which stipulated the approval of the shareholders to i increase the Company’s authorized capital, ii increase the
Company’s issued and paid-up capital.
f. In accordance with Deed of Shareholders Resolutions No. 14 dated 19 August 2014, drawn up before Irma
Bonita, SH., Notary in Central Jakarta, which has received approval from the Minister of Law and Human Rights by virtue of Decree No. AHU-06828.40.20.2014 dated 21 August 2014, and was registered in the
Company Register under TDP No. 09.03.1.70.86232 datd 12 September 2014, whereby the shareholders stipulated their approval to: i change the Company’s status from a Private Limited CompanyNon-public to
a Public Company, ii change the aims and objectives of the Company, iii execute the Company’s plan to conduct an initial public offering, iv list the entire Company’s shares on the Indonesian Stock Exchange, v
execute the Issuer’s Employee Stock Allocation ESA with regard to the Company’s Initial Public Offering of a maximum amount of 3 three percent of the total shares offered in the Company’s initial public offering
and delegate the authority to determine the related procedures to the Board of Directors, vi delegate the authority and power concerning the Substitution Right to the Company’s Board of Directors, vii amend the
Company’s Articles of Association in its entirety to conform with the provision concerning main substances of public company’s articles of association as stipulated in the Capital Market and Financial Institutions
Supervisory Board Rule No. IX.J.I Articles of Association of a Company Conducting an Equity-based Initial Public Offering and a Public Company.
The Company’s head office is located at Sudirman Plaza Building, Plaza Marein 21st Fl, Jl. Jenderal Sudirman Kav. 76-78, Jakarta.
The Company categorized its business activities in shipping and shipyard through the Subsidiaries also management consulting services.
2.
The Company‟s Business Licenses
In conducting its business activities, the Company has obtained the required licenses and approvals from the authorized government agencies, as required by the prevailing laws and regulations. The aforementioned
licenses and approvals are, among others, as follows:
No. License
Validity Issued by
1 Certificate of Company
Registration No. 09.03.1.70.86232
Valid from 12 September 2014 up to 12 September
2018 Head of South Jakarta Municipality
Cooperatives, Small and Medium Enterprises and Trade Department
2 Company Certificate of Domicile
No. 194-1.824.714 Valid from 12 April 2014 up to
12 April 2015 Head of Setiabudi Village
3 Trading Business Permit Surat
Izin Usaha Perusahaan, ―SIUP‖ No.03763-04PB1.824.271
From 9 September 2014, which shall remain valid as
long as the Company continues to operate its
business DKI Jakarta Cooperatives, Small and
Medium Enterprises and Trade Agency
Licenses of the Company‟s Subsidiaries 1 ABPL
In conducting its business activities, ABPL has obtained the required licenses and approvals from the authorized government agencies, as required by the prevailing laws and regulations. The aforementioned licenses and
approvals are, among others, as follows:
No. License
Validity Issued by
1 Certificate of Company
Registration No. 09.05.1.50.31545
Valid from 26 September 2013 up to 12 January 2017
Ministry of Trade, Head of of DKI Jakarta Province Cooperatives,
Small and Medium Enterprises and Trade Department as the Head of
Company Registration Office 2
Importer Identification Number for Producer Angka Pengenal
Importir – Produsen, ―API- P‖No. 090202618-P
From 23 November 2012, which shall remain valid as
long as ABPL continues to operate its business
Ministry of Trade, Head of DKI Jakarta Province Cooperatives,
Small and Medium Enterprises and Trade Department
3 Custom Identity Number
Nomor Identitas Kepabeanan, Indefinite period of time
Directorate General of Customs and Excise, Ministry of Finance of the
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