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BEST established a joint venture with Hitachi Capital

13 December 2019 06:36

JAKARTA - PT Daiwan Manunggal Logistics Property (DMLP) established a joint venture with Hitachi Capital Community Corporation. The composition of DMLP and Hitachi shares are 36.55% and 63.45%, respectively.

Quoted from the disclosure of company information, Yoshihiro Kobi, President Director of PT Bekasi Fajar Industrial Estate Tbk (BEST) said HPI manages real estate that is owned and leased. "The establishment of the HPI was approved by the Minister of Law and Human Rights on December 10, 2019," he said.

BEST is the owner of 10% of DMLP shares. The capital structure of the joint venture company is authorized capital of Rp 700 billion, issued capital of Rp 580 billion and paid up capital of Rp 580 billion with a total share of 5,800 shares and a par value of shares of Rp 100 million. (LK)

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