PT SUMMARECON AGUNG Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of June 30, 2016 unaudited and December 31, 2015 audited and For the period of six months ended June 30, 2016 and 2015 unaudited
Expressed in thousands of Indonesian Rupiah, unless otherwise stated
12
a. GENERAL CONTINUED
b. The Company’s Public Offerings continued
In June 2008, the Company distributed 3,217,893,796 bonus shares with a par value of Rp100 full amount per share.
A total of 436,340,202 and 1,013,046 Series I Warrants were exercised in June 2010 and December 2009, respectively.
In 2012, the Company issued 340,250,000 new shares with a nominal value of Rp100 full amount per share through the issuance of capital stock without pre-emptive rights phase I with minimum exercise price of Rp1,550 full
amount per share, increasing the Companys issued and fully paid capital stock from 6,873,140,840 shares to 7,213,390,840 shares.
Based on the minutes of the EGM held on June 5, 2013 which were covered by notarial deed No. 21 of Fathiah Helmi, S.H., the stockholders approved the distribution of bonus shares through the capitalization of additional paid-
in capital amounting to Rp721,339,084 whereby each outstanding share received 1 bonus share. As a result, the issued and fully paid capital stock increased from Rp721,339,084 to become Rp1,442,678,168. The distribution of
the bonus shares was conducted on July 15, 2013.
c. Board of Commissioners, Directors, Audit Committee and Employees
The composition of the Companys Boards of Commissioners and Directors as of December 31, 2015 was as follows:
Board of Commissioners Board of Directors
President Commissioners
: Soetjipto Nagaria President Director
: Adrianto Pitoyo Adhi Commissioners
: Harto Djojo Nagaria Director
: Lexy Arie Tumiwa Independent
Commissioner : H. Edi Darnadi
Director : Liliawati
Rahardjo Independent
Commissioner :
Esther Melyani Homan Unaffiliated Director
: Ge Lilies Yamin
Director :
Soegianto Nagaria
Director :
Herman Nagaria
Director : Yong King Ching
Director :
Sharif Benyamin
The composition of the Company’s Audit Committee as of June 30, 2016 and December 31, 2015 was as follows :
Chairman : H. Edi Darnadi
Member : Leo Andi Mancianno
Member : Neneng
Martini Salaries and others allowances for Board of Commissioners and Directors were as follows Rp16,375,119 and
Rp6,483,836 for the six-months period ended June 30, 2016 and 2015. The Group had 2,323 and 2,318 permanent employees unaudited as of June 30, 2016 and December 31, 2015.
PT SUMMARECON AGUNG Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of June 30, 2016 unaudited and December 31, 2015 audited and For the period of six months ended June 30, 2016 and 2015 unaudited
Expressed in thousands of Indonesian Rupiah, unless otherwise stated
13
1. GENERAL CONTINUED
d. Structure of the Company’s Subsidiaries
