PT Kota Satu Properti Tbk (“Company”), based at Kabupaten Semarang, was established on the basis of Deed of Establishment of Limited Liability Company (Perseroan Terbatas Perseroan) No. 6 dated 3 October 2012, drawn up before Maria Yosefa Deni, S.H., Notary in Semarang city. The Company’s Deed of Establishment has received validation from Minister of Justice and Human Rights of the Republic of Indonesia as stated in Validation of the Establishment of Limited Liability Company number AHU- 58590.AH.01.01 Year 2012 dated 19 November 2012.
The Company has filed for Initial Public Offering at Indonesian Stock Exchange on 5 November 2018 issuing 500.000.000 shares with nominal value of Rp 117,- per share from the Company’s portfolio.
The position of the Company is parent company of all the subsidiaries owned through share investments.
The business activities currently being undertaken by the Company are in construction, management and trade of real estate / property. The business activities of the Company and Subsidiaries are linked to each other, which is the construction development, management and trading of real estate / property.