JAKARTA - PT Samudera Indonesia Tbk (SMDR) injected additional capital of Rp 2.5 billion by purchasing 250 billion shares or 50% of the total shares issued by PT Praweda Sarana Informatika (PSI) for Rp 1 million per share.
As quoted from the company disclosure, some of both companies' shares are owned by the same party, PT Ngrumat Bundo Utomo. In SMDR, PT Ngrumat Bundo Utomo has a 14.21% stake, while in PSI, PT Ngrumat Bundo Utomo has a 5% stake.
With this additional capital, PSI will be able to improve its services for its customers. PSI provides consulting services, manufacturing and integration of information technology (IT) systems. (LK/AR)