JAKARTA. PT Nusantara Pelabuhan Handal Tbk (PORT) has channelled an extra capital worth IDR 221 billion to one of its subsidiaries, PT Paryi Indah Persada (PIP).
This additional investment was given as a way to increase the authorised as well as the issued and paid-up capital of PIP. After this transfer, PIP’s paid-up capital rises to IDR 747 billion, while its authorised capital skyrockets to IDR 961 billion.
On top of this, PIP also makes some changes in its board of directors and commissioners. The President Commissioner position is now taken by Paul Krisnadi, and Lina as its Commissioner. Won Kwee Sang steps in as the new President Director, entailed by three other directors, Sony Sutanto, Chong Yew Ee, and Lilik Sutanto.
“This event has no material impacts on the operational activities, legal, financial condition, and business sustainability of the company,” Lina, Corporate Secretary of PORT, claimed. (KR/ZH)