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On September 12, 1989, the Company received authorization from the Minister of Finance, in his decision letter No. Sl-048/ SHM/MK-10/1989 to offer its shares to the public. On November 15, 1989, the Company’s shares were listed in the Indonesia Stock Exchanges (formerly Jakarta and Surabaya Stock Exchanges).
On June 21, 1993, the Company obtained notice of affectivity from the chairman of Bapepam in his letter No. 0154/PM/1993 for its limited offering of 17,250,000 shares through rights issue to stockholders. On July 22, 1993, these shares were listed in the Indonesia Stock Exchanges (formerly Jakarta and Surabaya Stock Exchanges).
On August 18, 1998, the Company has done stock split of its share which were from Rp 1,000 per share to Rp 500 per share and has distributed bonus shares from additional paid-in capital amounting to Rp 11,500,000,000.On August 7, 2008, the Company has done stock split of its share which were from Rp 500 per share to Rp 250 per share.
On June 6, 2012, the Company’s shares trading has been stopped by PT Bursa Efek Indonesia for three trading days since agenda of Extraordinary Shareholders Meeting related with stock split which announce on newspaper not stated ratio of stock split propose by the Company.
On November 6, 2012, the Company has done stock split of its share which were from Rp 250 per share to Rp 50 per share.
As at December 31, 2012 and 2013, all of the Company’s outstanding shares totaling 690,000,000 shares have been listed in the Indonesia Stock Exchanges (formerly Jakarta and Surabaya Stock Exchanges).
On December 4, 2015 the Company has done the Capital Increase without Pre-emptive Rights (PMTHMETD) of Rp. 3.450.000.000,- or as many as 69.000.000 shares with par value of Rp. 50,- per shares, so that the issued and paid up capital of the Company became 759.000.000 shares.
On September 14, 2016, the Company obtained notice of effective statement from the Chairman of the Financial Services Authority (OJK) in its letter No. S-518 / D.04 / 2016 to conduct Limited Public Offering II with Pre-emptive Rights (PUT II) of 220.110.000 shares at an exercise price of Rp 1.000,-. These shares were listed on the Indonesia Stock Exchange on October 10, 2016.
As at December 31, 2016, all of the Company’s outstanding shares totaling 979.110.000 shares have been listed in the Indonesia Stock Exchanges.