PT SUMMARECON AGUNG Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of June 30, 2017 and for the Six-Month Periods Then Ended Expressed in thousands of Indonesian Rupiah, unless otherwise stated
13
1. GENERAL CONTINUED
d. Structure of the Company’s Subsidiaries continued
As of June 30, 2017 and December 31, 2016, The Company had direct and indirect ownership in the following Subsidiaries: continued
Name of Subsidiaries
Domicile Principal Activity
Start of Operations
Percentage of Ownership Total Assets Before Elimination
June 30, 2017
December 31, 2016
June 30, 2017
December 31, 2016
Indirect Subsidiaries through SMPD continued
PT Duta Sumara Abadi DTSA Jakarta
Property Development
- 51.00
51.00 331,255,560
312,180,872 PT Sinar Mahakam Indah SNMI
Samarinda Property
Development -
83.77 83.77
37,421,219 37,418,975
PT Sinar Semesta Indah SNSI Tangerang
Property Development
- 100.00
100.00 747,824
750,010 PT Wahyu Kurnia Sejahtera
WYKS Jakarta
Property Development
- 100.00
100.00 183,481,065
182,546,182 PT Kahuripan Jaya Mandiri KHJM
Jakarta Property
Development -
51.00 51.00
50,082,919 49,662,328
PT Gunung Suwarna Abadi GNSA
Jakarta Property
Development -
51.00 51.00
173,661,364 174,734,839
PT Taruna Maju Berkarya TRMB Jakarta
Property Development
- 100.00
100.00 73,193,220
3,101,203 PT Gunung Srimala Permai
GNSP Jakarta
Property Development
- 51.00
51.00 155,636,509
152,291,572 PT Sunda Besar Properti SDBP
Bandung Property
Development
- 100.00
100.00 1,133,974
1,119,812 PT Maju Singa Parahyangan
MJSP Bandung
Property Development
- 100.00
100.00 1,133,906
1,119,744 PT Surya Mentari Diptamas
SYMD Jakarta
Property Development
- 51.00
51.00 2,819,685
2,778,293 PT Surya Menata Elokjaya SYME
Jakarta Property
Development
- 100.00
100.00 3,007,491
2,934,730 PT Kencana Jayaproperti Agung
KCJA Jakarta
Property Development
- 51.00
51.00 245,288,952
229,599,238 PT Kencana Jayaproperti Mulia
KCJM Jakarta
Property Development
- 51.00
51.00 188,625,223
188,563,549 PT Sinergi Mutiara Cemerlang
SGMC Makassar
Property Development
- 51.00
51.00 519,542,345
488,375,570 PT Sukmabumi Mahakam Jaya
SBMJ Jakarta
Property Development
- 100.00
100.00 993,168
990,465 PT Bintang Mentari Indah BNMI
Makassar Property
Development
- 100.00
100.00 227,573,322
213,232,474
Indirect Subsidiaries through SMIP
PT Lestari Mahadibya LTMD Tangerang
Investment Property
2006 100.00
100.00 1,120,329,956
1,137,721,162 PT Summerville Property
Management SVPM Jakarta
Property Management
2007 100.00
100.00 5,159,601
4,651,019 PT Summarecon Hotelindo
SMHO Jakarta
Hotel 2010
100.00 100.00
136,741,239 132,343,615
PT Makmur Orient Jaya MKOJ Bekasi
Investment Property
2013 100.00
100.00 875,911,044
891,299,577 PT Kharisma Intan Properti KRIP Tangerang
Investment Property
2013 100.00
100.00 205,125,301
205,116,390 PT Dunia Makmur Properti DNMP Jakarta
Investment Property
2015 100.00
100.00 117,917,855
117,943,045 PT Summarecon Bali Indah SMBI Jakarta
Investment Property
2016 100.00
100.00 1,382,185,991
1,344,744,240
PT SUMMARECON AGUNG Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of June 30, 2017 and for the Six-Month Periods Then Ended Expressed in thousands of Indonesian Rupiah, unless otherwise stated
14
1. GENERAL CONTINUED