PT SUMMARECON AGUNG Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AS OF JUNE 30, 2013 AND DECEMBER 31, 2012, 2011 AND 2010 AND FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2013 AND 2012 UNAUDITED
AND YEARS ENDED DECEMBER 31, 2012, 2011 AND 2010 Expressed in thousands of rupiah, unless otherwise stated
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1. GENERAL continued
e. Changes in Capital Structure of the Subsidiaries continued
PT Lestari Mahadibya LMD In December 2012, LMD increased its authorized capital stock from Rp500,000,000 to become
Rp2,000,000,000 and increased its issued and fully paid capital stock from Rp363,920,000 to become Rp501,920,000 with nominal amount of Rp1,000 full amount per share. The increase in
capital stock was notarized under deed No. 110 dated December 21, 2012 of Dewi Himijati Tandika, S.H., reaffirmed with deed BAR No. 59 dated January 28, 2013 of Dewi Himijati Tandika,
S.H., and was submitted to and acknowledged by the MLHR in its Decision Letter No. AHU- 18481.AH.01.02.Year 2013 dated April 10, 2013.
PT Summerville Property Management SPM
In December 2010, SPM increased its capital stock from Rp1,000,000 to become Rp17,000,000 and increased its issued and fully paid capital stock from Rp250,000 to become Rp4,287,000 with
nominal amount of Rp1,000,000 full amount per share. The increase in capital stock was notarized under deed No. 66 dated December 16, 2010 of Dewi Himijati Tandika, S.H., and was
submitted to and acknowledged by the MLHR in its Decision Letter No. AHU-07116.AH.01.02 dated February 10, 2011. The Company acquired additional 4,037 shares of SPM for
Rp4,037,000, increasing the Company’s ownership from 99.20000 to 99.95335. In October 2011, SPM executed a stock split, changing the par value of its shares from Rp1,000,000 full
amount to become Rp1,000 full amount per share. In 2011, the Company acquired additional 1,999 shares of SPM for Rp1,999, increasing the Company’s ownership to 99.99998.
In December 2012, SPM increased its issued and fully paid capital stock from Rp4,287,000 to become Rp5,685,000 with nominal amount of Rp1,000 full amount per share. The increase in
capital stock was notarized under deed No. 104 dated December 21, 2012 of Dewi Himijati Tandika, S.H., which was submitted to and acknowledged by the MLHR in its Decision Letter No.
AHU-AH.01.10-07153.Year 2013 dated February 28, 2013.
PT Summarecon Hotelindo SHO
In December 2010, SHO increased its capital stock from Rp10,000,000 to become Rp200,000,000 and increased its issued and fully paid capital stock from Rp2,500,000 to become Rp56,523,000
with nominal amount of Rp1,000,000 full amount per share. The increase in the capital stock was notarized under deed No. 63 dated December 16, 2010 of Dewi Himijati Tandika, S.H., and was
submitted to and acknowledged by the MLHR in its Decision Letter No. AHU-06582.AH.01.02 dated February 9, 2011. The Company acquired additional 54,023 shares of SHO for
Rp54,023,000, increasing the Company’s ownership from 99.96000 to 99.99823. In October 2011, SHO executed a stock split, changing the par value of its shares from Rp1,000,000 full
amount to become Rp1,000 full amount per share. In 2011, the Company acquired additional 999 shares of SHO for Rp999, increasing the Company’s ownership from 99.99800 to
99.99999.
PT Makmur Orient Jaya MOJ
In December 2012, MOJ increased its issued and fully paid capital stock from Rp2,500,000 to become Rp4,500,000 with nominal amount of Rp1,000 full amount per share. The increase in
capital stock was notarized under deed No. 109 dated December 21, 2012 of Dewi Himijati Tandika, S.H., which was submitted to and acknowledged by the MLHR in its Decision Letter No.
AHU-AH.01.10-08142 dated March 7, 2013.
