PT SUCACO Tbk | Supreme Cable Manufacturing & Commerce

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History

 

TheCompany was established on November 9, 1970, as a cable manufacturing enterprise. Commercial operations began on October 2, 1972, with technical assistence from Furukawa Electric Co. Ltd.of Tokyo,Japan. The Company made Its debut in 1982 on the Jakarta Stack Exchange, now the Indonesia Stock Exchange, and hos shareholdings in a number af companies including PT Tembaga Mulio Semanon Tbk, PT Supreme Sukses Makmur, PT Setia Pratama Lestari Pelletizing and PT Supreme Decoluxe.

The Company's Articles of Association have been amended several times, among others by Notarial Deed No. 138 doted April 28, 1997, by Notary Poerboningsih Adi Worsito, S.H., concerning the increase in authorized capital from Rp 225 billion to Rp 500 billion. Tl1ese changes were approved by the Minister of Justice of the Republic of Indonesia in his decision letter No. C2-5994- HT.01.04.TH'97 dated July 2,1997, and published in State Gazette Na. 4305 dated September 23, 1997. Subsequently theArticles of Association were amended in Deed No. 32 dated September 25, 2006,drawn up in the presence of Notary Poerbaningsih Adi Warsito, S.H., regarding the change in the name of the Company from the former PT Supreme Cable Manufacturing Corporation Tbk {SUCACO) to become PT Supreme Cable Manufacturing & Commerce Tbk (PT SUCACO Tbk). The change of name wasapprovedby the Minister of Low and Human Rights of the Republic of Indonesia in letter No, Wl-01285 HT. Ol.04-TH. 2006 dated October 4, 2006; subsequently, these Articles of Association were amended by Deed No.30 dotedAugust 8,2008,drown up in thepresence of Notary Poerbaningsih Adi Warsito1 S.H., concerning amendment to the Company Articles of Association for conformity with Law No. 40 of 2007 concerning Limited Liability Companies, which amendment was approved by the Minister of Law and Human Rights of the Republic of Indonesia in letter No. AHU-87481.AH.01.02 Tahun 2008 dated November 18, 2008; Oeed No. 138 dated June 24, 2014,drawnup In the presence of Notary Ir. Nanette Cahyanie Handari Adi Warsito,S.H.,concerning changes to the term of office of the Board of Directors and Board of Commissioners, which amendment was received by the Minister of Law and Human Rights of the Republic of lndonesla as set forth in letter No. AHU-03511.40.21.2014 dated June 26,2014; Deed No. 2 doted September 1, 201S, drawn up In thepresence of Notary Ir. Nonette Cohyonie Hondori Adi Warsito, S.H., concerning amendment to the Company Articles of Association for conformity with the regulations of the Financial Services Authority, which amendment wasreceivedby the Minister of Law and Human Rights of the Republic of Indonesia as sec forth in letter No. AHU­ AH.01.03 0962201 dated September 4, 201S and published in the State Gazette No. 1835/L of 2015 and supplement to the State Gazette of the Republic of Indonesia No. 95 dated November 27, 2015 and last amended by Deed No. 161 dated June 27,2016,drown up in the presence of Notary Public Ir. Nanette Cohyonie Handorl Adi Warsito, Graduate-at-Law, concerning Amendment to Che Composition of rhe Boord of Oirector.s and Board of Commissionersand Amendment of Articles of Associotion of the Company, which amendment was received by the Minister of Law and Human Rights on the basis of Receipt of Notification of Amendment to Articles of Association No.AHU-AH.0075J2.AH. 01.11.Tahun 2016 dated June28,2016.