JAKARTA – PT Saraswanti Anugerah Makmur Tbk (SAMF), an NPK fertiliser manufacturer, obtains a credit of IDR 40.5 billion to seal the deal for raw and operating materials supply from several company’s shareholders. The raw materials purchase is certainly a priority in order to sustain the distribution of fertilisers to customers.
Dadang Suryanto, Director of Saraswanti Anugerah Makmur, mentioned that the said loan was acquired from shareholders as the company’s bank credit had reached its limit. Additionally, the loan interest rate is set to 7.5% per year, slightly lower than 8% per year asked by the bank. “It puts the company in an advantage and does not harm the intention of public shareholders,” he explained in the information disclosure quoted Monday (4/4).
The shareholder loan agreement was signed on December 13, 2021. The benefactors include Agnes Martaulina Dwi Saraswanti Haloho (Agnes) of IDR 27 billion, Noegroho Hari Hardono (Noegroho) of IDR 9 billion, and Yahya Taufik (Yahya) of IDR 4.5 billion.
For the record, Noegroho is the owner of 4.97% of SAMF’s issued and paid-up capital of IDR 512.5 billion. Yahya and Agnes follow behind with 2.73% and 1.60% ownership, respectively. The rest of the shares goes to PT Saraswanti Utama (SU) of 74.27%, Andreas Adhi Harsanto of 1.31%, and public investors of 15.22%. SAMF’s authorised capital clocks up to IDR 1.74 trillion, while its portfolio carries shares worth IDR 1.22 trillion.
Going back further, SU’s issued and paid-up capital amounts to IDR 285 billion, 46.85% of which belongs to Noegroho. Yahya also has 25.75% of them, followed by Agnes of 15% and Andreas of 12.40%. SU’s authorised capital reportedly reaches IDR 1 trillion and is equipped with shares in portfolio worth IDR 715 billion. (LK/ZH)