Sitara Propertindo Tbk (TARA) was established on 1 June 2006 under the name PT Garda Jaya Prima and began operating commercially in 2006. TARA's head office is located at Wisma 77 Lt. 19, Jl. Lt. Gen. S. Parman Kav. 77, Ex. Slipi, Kec. Palmerah, West Jakarta 11410, Indonesia.
TARA's main business and parent company is PT Surya Buana Makmur (59.99%), established in Indonesia.
Based on the Company's Articles of Association, the scope of TARA's activities is engaged in development, services, trade, industry and investment. At present, the main activity of Sitara Propertindo is development either directly or through a subsidiary.
On June 30, 2014, TARA obtained an effective statement from the Financial Services Authority (OJK) to conduct an Initial Public Offering of TARA (IPO) to the public as much as 4,000,000,000 with a nominal value of Rp100 per share per offer price of Rp106 per share accompanied by with Series I Warrants given free of charge as an incentive of 2,000,000,000 with an implementation of Rp.106 per share. Each Warrant shareholder has the right to buy one company share during the implementation period, which starts on January 6, 2015 until July 06, 2017. The shares and warrants are listed on the Indonesia Stock Exchange (IDX) on July 11, 2014. Sitara Propertindo TARA
TARA's main business and parent company is PT Surya Buana Makmur (59.99%), established in Indonesia.
Based on the Company's Articles of Association, the scope of TARA's activities is engaged in development, services, trade, industry and investment. At present, the main activity of Sitara Propertindo is development either directly or through a subsidiary.
On June 30, 2014, TARA obtained an effective statement from the Financial Services Authority (OJK) to conduct an Initial Public Offering of TARA (IPO) to the public as much as 4,000,000,000 with a nominal value of Rp100 per share per offer price of Rp106 per share accompanied by with Series I Warrants given free of charge as an incentive of 2,000,000,000 with an implementation of Rp.106 per share. Each Warrant shareholder has the right to buy one company share during the implementation period, which starts on January 6, 2015 until July 06, 2017. The shares and warrants are listed on the Indonesia Stock Exchange (IDX) on July 11, 2014. Sitara Propertindo TARA
Vision
Being a trusted property company in providing better residential areas and sustainable in Indonesia
Mission
Developing and managing settlements and their environment on an ongoing basis.
Become an innovative and trusted property developer in increasing profits for all parties Sitara Propertindo TARA
