SLJ Global (SULI)
The
Company was incorporated on April 14th, 1980 seeunder the name of PT
Sumalindo Lestari Jaya. In accordance with its articles of associations
the Company is engaged in forestry, industry and mining.
By
virtue of the resolution of Extraordinary General Meeting of
Shareholders of the Company dated December 18th, 2012, the Company
changed its name to PT SLJ Global Tbk and has obtained approval from the
Minister of Law and Human Rights of the Republic of Indonesia as stated
in the Decree No. AHU- 25591.AH.01.02.Year 2013 dated May 14th, 2013.
Since
the beginning of its establishment, Company specializes in the field of
forestry and timber industry by managing 1 (one) IUPHHK-HA (formerly:
Forest Concession) with total areasof 132,000 hectaresand a plywood mill
with a production capacity of 66,000 m3/year. In line with the
development of business, through various corporate actions, among
others, merger, acquisition, additional investment and divestment, the
Company currently has a plywood factory with installed capacity of
190,000 m3/year and a MDF factory (Medium Density Fiberboard) with an
installed capacity of 200,000 m3/ year. The Company and its subsidiaries
currently manages six (6) natural forest with total areas of 770,455
hectares, including IUPHHK-HA on behalf of PT Essam Timber and PT
Sumalindo Lestari Jaya V which are still in the process of extension of
licenses from of the Minister of Environment and Forestry. In addition,
the other business unitis Power Plant, which is managed by its
subsidiary, PT Kalimantan Powerindo (PT.KP) with a total capacity of
22.5 MW.
In March
1994 the Company made its first public offering of 25,000,000 common
shares, to the public and listed all the issued shares of the Company at
the Jakarta Stock Exchange (now: Indonesia Stock Exchange).
Through
several Rights Issues, offer of warrants and conversion of debt into
equity, the number of shares that have been removed from the portfolio
of the Company and listed on the Indonesia Stock Exchange (IDX) is
currently amounts to 3,986,916,802 shares.
In 2002
PT Astra International Tbk. at that time as the Company majority
shareholder (75% shareholding) sold all of its shares to PT Sumber Graha
Sejahtera (PT.SGS). PT.SGS is a company which has long been engaged in
timber related industries, which before releasing its entire
shareownership in the Company, it was recorded to have 24.63% of all
shares issued by the Company.
In
November 2016 Mr. Amir Sunarko as the President Director of the Company
purchased all shares owned by PT.SGS (24.63%) in the Company through
negotiated market mechanism on the Indonesia Stock Exchange. SLJ Global (SULI) History
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