Number of shares can be issued

818,750,000 shares

Nominal value

Rp. 100 per share

Exercise price

Rp. 293 per share

Objective

 For additional working capital of the Company, to expand the acquiring of new land for property development plans, which are the Company's business activiy.

EGMS

January 25, 2019

ARMY - PT. Armidian Karyatama Tbk

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