31.2. Real Estate

PT Lamicitra Nusantara Tbk.
Real Estate and Property
Head Office Jembatan Merah Plaza 5th Floor Summary of Financial Statement
Jl. Taman Jayengrono No. 2-4
Surabaya 60175 (Million Rupiah)
Phone (031) 355-6400 (10 lines) 2006 2007 2008
Fax (031) 355-6480
Telex: 32660 LNIA
Branch Office Jl. Coaster 8
Semarang 50174
Phone (024) 531-6425 (4 lines)
Fax (024) 531-6428
Jakarta Office Graha BIP 10th Floor
Jl. Jend. Gatot Subroto Kav. 23
Jakarta 12930
Phone (021) 522-5320, Fax (021) 522-5340
E-mail: lamictr@indosat.net.id
Business Property
Company Status PMDN
Financial Performance: The Company booked consolidat-

ed net profit at IDR9.295 billion in 2008, soaring from IDR2.955
billion in 2007. The net profit rose sharply following the net
revenue which climbed up to IDR112.9 billion to IDR93.204
billion.
Brief History: Establised on January 28th 1988, named
first as Lami Citra Persada. PT. Lamicitra Nusantara Tbk. was
founded and engaged in some business such as Building Inves-
tor, Developer, Industrial Estate, Port & Cargo Activities, Gen-
eral Contractor.
Shareholders
PT Laksanacitra Nusantara 92.88%
Sri Kuntjoro Dewi Maureen 0.01%
Public 7.11%
734 Indonesian Capital Market Directory 2009

PT Lamicitra Nusantara Tbk. Real Estate and Property
Board of Commissioners Board of Directors

President Commissioner Laksmono Kartika, Ph.D. President Director Pranowo Kartika, SH, MBA
Commissioners Dra. Sri Kuntjoro Dewi, Maureen, MBA, Directors Ir. Priyo Setya Budi, MSc, Drs. Udjang Ongkowidjojo, MBA
H. Abdullah Gawi Oemar, SE Drs. Robin Wijaya Gejali, MBA, Dra. Lanny Gondokusumo,
Siana Kartika, B.Bus., Prasetyo Kartika, B.com., MM
Number of Employees 136

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 18-Jul-01 18-Jul-01 80,000,000 80,000,000

2 Company Listing 18-Jul-01 18-Jul-01 1,066,688,000 1,146,688,000
3 Warant 18-Feb-02 18-Feb-02 421,000 1,147,109,000
4 Warant 26-Mar-02 26-Mar-02 554,000 1,147,663,000
5 Warant 3-Apr-02 3-Apr-02 630,000 1,148,293,000
6 Warant 26-Apr-02 26-Apr-02 125,000 1,148,418,000

Underwriters
PT Trimegah Securities Tbk, PT Victoria Sekuritas
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization
Stock Price and Traded Chart Stock Price and Traded Chart
Stock Price (Rp) Thousand Shares
160 120
140
100
120
80
100
80 60
60
40
40
20
20
- -
Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun-
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09
Institute for Economic and Financial Research 735

PT Lippo Cikarang Tbk. Real Estate and Property
Head Office Menara Pasifik Summary of Financial Statement

Jl. MH. Thamrin Kav 107, Lippo Cikarang
Bekasi 17550, Jawa Barat (Million Rupiah)
Phone (021) 897-2484, 897-2488 (Hunting) 2006 2007 2008
Fax (021) 897-2093, 897-2493
E-mail: mis@lippo-cikarang.com
Benyamin@lippo-cikarang.com
Business Urban Development
Company Status PMDN
Financial Performance: The Company has managed to

book net profit at IDR14.173 billion in 2008, soaring from
IDR11.061 billion in 2007. The net profit increase was in line
with the revenue which stepped up to IDR276 billion from
IDR158.771 billion.
Brief History: PT. Lippo Cikarang was established in 1987,
and this company operates in urban development.
Shareholders
PT Kemuning Satiatama 42.20%
CGML IPB Customer Collateral Acc 7.65%
Alpha Consulting Limited 4.89%
Public 45.26%

PT Lippo Cikarang Tbk. Real Estate and Property

President Commissioner Ketut Budi Wijaya President Director Meow Chong Loh
Commissioners Ganesh Chander Grover, Indra Simarta, Directors Harun Permadi, Susanto
Sugiono Djauhari, Yuke Elia Susiloputro

per Listing Shares

2 Company Listing 24-Jul-97 27-Feb-98 587,412,000 696,000,000

Underwriters
PT Lippo Securities Tbk, PT Dongsuh Kobilindo Securities
Million Shares
Stock Price (Rp)
700 4
600 3
500 3
400 2
300 2
200 1
100 1
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Lippo Karawaci Tbk. Real Estate and Property
Head Office Menara Matahari 22nd Floor Summary of Financial Statement

Jln. Bulevar Palem Raya No. 7
Lippo Karawaci Central (Million Rupiah)
Tangerang 15811, Banten 2006 2007 2008
Phone (021) 2566-9000
Fax (021) 2566-9098/99
E-mail: corsec@lippokarawaci.co.id
Website: www.lippokarawaci.co.id
Business Urban Development
Company Status PMDN
Financial Performance: The Company has managed to

book net profit at IDR370.872 billion in 2008, rising from
IDR353.027 billion in 2007. The net profit increase was in line
with the net sales which stepped up from IDR2.091 trillion to
IDR2.553 trillion.
Brief History: PT Lippo Karawaci was established in 1990,
and operates in real estate, urban development, infrastructure,
site development, public facilities, and other investment activi-
ties in affiliated companies as well as in third parties.
Shareholders
UBS AG, Hongkong 13.08%
PT Metropolis Propertindo Utama 10.98%
Pacific Asia Holding Ltd. 10.62%
Capital Bloom Investment Ltd. 6.58%
Public 58.74%

PT Lippo Karawaci Tbk. Real Estate and Property

President Commissioner Ning Gaoning President Director Eddy Harsono Handoko
Vice President Commissioner Surjadi Soedirdja Vice President Director Tjokro Libianto
Commissioners Theo L. Sambuaga, Prof. Dr. Andrianus Mooy, Tantri Abeng, Directors Jopy Rusli, Yuke Elia Susiloputro, Ketut Budi Wijaya
Jonathan L. Parapak, Farid Harianto, Agum Gumelar,
Charley Song Lin, Jiang Wei, Viven Gouw Sitiabudi Number of Employees 3,912
per Listing Shares
1 First Issue 28-Jun-96 28-Jun-96 30,800,000 30,800,000
2 Company Listing 28-Jun-96 28-Feb-97 244,000,000 274,800,000
3 Convertible Bond 28-Jun-96 28-Jun-96 105,072,500 379,872,500
4 Right Issue 16-Jan-98 16-Jan-98 607,796,000 987,668,500
5 Add Listing (Merger) 2-Aug-04 2-Aug-04 1,063,275,250 2,050,943,750
6 Right Issue 1-Feb-05 1-Feb-05 881,905,813 2,932,849,563
7 Warrant 28-Jul-05 28-Jul-05 7 2,932,849,570
8 Warrant 13-Mar-06 13-Mar-06 82 2,932,849,652
9 Warrant Apr-06 Apr-06 227,500 2,933,077,152
10 Warrant May-06 May-06 51,510 2,933,128,662
11 Stock Split 28-Jul-06 28-Jul-06 2,933,128,662 5,866,257,324
12 Warrant I 23-Nov-06 30-Nov-06 1,533,000 5,867,790,324
13 Warrant I 5-Dec-06 18-Dec-06 3,104,000 5,870,894,324
14 Warrant I 5-Jan-07 5-Jan-07 53,162,402 5,924,056,726
15 Warrant I 2-Feb-07 27-Feb-07 535,000 5,924,591,726
16 Warrant I 26-Mar-07 26-Mar-07 10,000 5,924,601,726
17 Warrant I 4-Apr-07 27-Apr-07 1,347,940 5,925,949,666
18 Warrant I 3-May-07 28-May-07 3,948,242 5,929,897,908
19 Warrant I 4-Jun-07 27-Jun-07 3,239,140 5,933,137,048
20 Warrant I 5-Jul-07 18-Jul-07 36,495,000 5,969,632,048
21 Warrant I 2-Aug-07 22-Aug-07 4,661,000 5,974,293,048
22 Warrant I 3-Sep-07 28-Sep-07 228,500 5,974,521,548
23 Warrant I 3-Oct-07 11-Oct-07 5,023,000 5,979,544,548
24 Warrant I 6-Nov-07 30-Nov-07 751,243,276 6,730,787,824
25 Stock Split 26-Dec-07 26-Dec-07 10,381,291,017 17,112,078,841
26 Warrant I 05-Dec-07 05-Dec-07 242,687,190 17,354,766,031
Underwriters PT Pentasena Arthasentosa, PT Ciptadana Sekuritas
Million Shares
Stock Price (Rp)
1,000 250
900
800 200
700
600 150
500
400 100
300
200 50
100
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Mas Murni Indonesia Tbk. Real Estate and Property
Head Office Jl. Yos Sudarso No. 11 Summary of Financial Statement

Surabaya 60271
Phone (031) 532-1001, 352-0951 (Million Rupiah)
Fax (031) 531-6111, 531-2306 2006 2007 2008
Tlx. 34184 GPHSB IA, 34265 GHSB IA
E-mail: GANDEN@rad.net.id
Representative Office: Graha Irama 7th Floor
Jl. H.R. Rasuna Said Blok X-1 Kav. 1-2
Jakarta 12950
Business Property Development and Hotel
Company Status PMDN
Financial Performance: The Company booked net income

at IDR3.437 billion in 2008, while last year suffered net loss
at IDR49.150 billion. Deferred tax expense was decrease to
IDR600 million from IDR53.141 billion.
Brief History: Founded in Surabaya in 1971, the company
started by managing the President Theater, a cinema in Sura-
baya. In 1989, the company took over the Garden Palace Hotel
(GPH) from PT Singa Barong Kencana.
Shareholders
Tumaco Pte., Ltd. 29.51%
PT Sentratama Kencana 21.36%
PT Para Multi Finance 3.59%
Sun Flower Industries Ltd. 1.95%
PT Waluco Prima 0.66%
Public 42.93%

PT Mas Murni Indonesia Tbk. Real Estate and Property

President Commissioner Sinta Ladya Santoso President Director Djaja Santoso
Commissioners Ir. Umaryadi Reksodidjojo, Directors Surya Atmadinata, Ir. Peterjanto Suharjono, MM
Soedarsono Notoprajitno

per Listing Shares
1 First Issue 9-Feb-94 9-Feb-94 15,000,000 15,000,000

2 Company Listing 9-Feb-94 3-Sep-94 40,000,000 55,000,000
3 Stock Split 26-Aug-96 26-Aug-96 55,000,000 110,000,000
4 Bonus Shares 26-Aug-96 26-Aug-96 50,600,000 160,600,000
6 Debt to Equity Swap 12-Oct-99 12-Oct-99 500,000,000 670,637,073
7 Convertible Bonds 5-Jun-02 5-Jun-02 25,000,000 695,637,073
8 Convertible Bonds 6-Oct-03 6-Oct-03 60,000,000 755,637,073
9 Convertible Bonds 14-Dec-04 14-Dec-04 126,155,000 881,792,073
10 CB Conversion 28-Dec-07 28-Dec-07 335,000,000 1,216,792,073
11 CB Conversion 30-May-08 30-May-08 46,916,965,040 48,133,757,113
Underwriter
PT Sigma Batara
Stock Price (Rp) Million Shares

120 350
300
100
250
80
200
60
150
40
100
20
50
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Metro Supermarket Realty Tbk. Real Estate and Property
Head Office Gedung Metro Pasar Baru 10th Floor Summary of Financial Statement
Jl. H. Samanhudi
Jakarta 10710 (Million Rupiah)
Phone (021) 344-1222 (Hunting) 2006 2007 2008
Fax (021) 384-7242, 344-7514
Business Retail, Property Management, Real Estate
Company Status PMDN
Financial Performance: The Company suffered net loss

at IDR1.107 billion in 2008, versus net profit worth IDR3.204
billion in 2007.
Brief History: Founded in 1980, the company owns and
manages two buildings: Gedung Metro Pasar Baru with floor
space of 18.9 thousand square meters located on Jl. H. Saman-
hudi and the six floor Melawai Plaza Building, with 17.0 thou-
sand square meters floor space located in the Blok M Shopping
Centre, Jakarta.
The company also has four supermakets in Jakarta. In
addition, the company owns and operates three book stores.
Through its subsidiary the company also engages in real estate
development, including a four star hotel at Tanah Abang, Cen-
tral Jakarta.
Shareholders
PT Yakin Wiskon 34.53%
Bara Pte., Ltd. 321 20.67%
PT Perkasa Makmur Amara 7.42%
PT Surya Sakti Budimarkati 6.56%
Public 30.82%

PT Metro Supermarket Realty Tbk. Real Estate and Property

President Commissioner Budi Gunawan President Director Simon Maruli
Vice President Commissioner Robert Maruli Directors Samuel Maruli, Sani Juli Maruli,
Commissioners Ramli Yang Lie, Sukardi Ir. Arief Thamin, Jenny Puspa Maruli


per Listing Shares
1 First Issue 8-Jan-92 8-Jan-92 1,500,000 1,500,000

2 Partial Listing 8-Jan-92 8-Jul-92 4,500,000 6,000,000
3 Company Listing 12-Aug-92 12-Aug-92 7,500,000 13,500,000
4 Bonus Shares 19-Apr-93 19-Apr-93 5,400,000 18,900,000
5 Right Issue 27-Dec-93 30-Dec-93 6,000,000 24,900,000
6 Right Issue 27-Dec-93 13-Jan-94 11,200 24,911,200
7 Right Issue 27-Dec-93 27-Jan-94 143,000 25,054,200
8 Right Issue 27-Dec-93 3-Feb-94 11,312 25,065,512
9 Right Issue 27-Dec-93 18-Feb-94 1,394,488 26,460,000
10 Bonus Shares 6-Jan-95 6-Jan-95 31,752,000 58,212,000
Underwriter
PT Pentasena Arthasentosa
800 40
700 35
600 30
500 25
400 20
300 15
200 10
100 5
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Modernland Realty Tbk. Real Estate and Property
Head Office Kota Modern Summary of Financial Statement

Hall Ruko Blok-R
Jl. Hartono Raya Kota Modern (Million Rupiah)
Cipondoh, Tangerang 15117, Banten 2006 2007 2008
Phone (021) 552-8508, Fax (021) 552-8507
Homepage: www.modernland.co.id
Marketing Offices - Padang Golf Modern
Jl. Modern Golf Raya, Kota Modern,
Cipondoh, Tangerang 15117
Phone (021) 552-9182, Fax (021) 5529177
- Bukit Modern
Jl. Pala Raya, Pndok Gede Golf Course,
Jakarta 15419
Phone (021) 741-8888, Fax (021) 460-3792
- Taman Modern
Jl. Raya Bekasi Km 24, Jakarta 13910
Phone (021) 461-4035, Fax (021) 460-3792
Business Property Development
Company Status PMDN
Financial Performance: The Company recorded net profit

at IDR2.382 billion in 2008, falling from IDR30.360 in 2007.
Brief History: The company began its operations in No-
vember 1989 with the marketing of houses in Tangerang Re-
gency. Then, the company managed to develop another site in
East Jakarta. In January 1995 the company offered 74.8 million
shares at the ratio 1:1 with the price of Rp 2,400 per share.
63.6% of the fund raised will be used to improve working capi-
tal, 19.1% to financing housing estate in Tangerang and the rest
to repay some of the company loans. The company is a member
of the Modern Group.
Shareholders
AA Land Pte., Ltd. 43.37%
Castle Capital Holding Ltd. 8.86%
PT Inti Putra Modern 5.35%
Public 42.42%

PT Modernland Realty Tbk. Real Estate and Property

President Commissioner Luntungan Honoris President Director Edwyn Lim
Commissioners George Parinas Rosales, Iwan Suryawijaya Directors Dipa Simatupang, William Honoris,
Herbert Hanwira Ibrahim Ronny Eduard Mongkar


per Listing Shares
1 First Issue 1993 1993 22,800,000 22,800,000
2 Company Listing 1993 1993 52,000,000 74,800,000
3 Convertible Bonds 1995 1995 1,722,300 76,522,300
6 Bonus Shares 1997 1997 59,350,400 178,051,200
7 Convertible Bonds 1997 1997 120,135 178,171,335
8 Stock Split 1997 1997 178,171,335 356,342,670
10 Bonus Shares 1998 1998 466,170,102 824,793,522
11 Convertible Bonds 29-Nov-02 29-Nov-02 124,138 824,917,660
12 Convertible Bonds 6-Jan-03 6-Jan-03 873,103 825,790,763
13 Additional Listing without HMETD 9-Sep-05 9-Sep-05 1,641,054,925 2,466,845,688
14 Additional Listing Without
Pre-Emptive Rights 11-Aug-08 11-Aug-08 590,000,000 3,056,845,688
Underwriter PT Schroder Indonesia

600 50
45
500
40
35
400
30
300 25
20
200
15
10
100
5
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT New Century Development Tbk. Real Estate and Property
Head Office Mayapada Tower 21st Floor

Summary of Financial Statement
Jl. Jend. Sudirman Kav. 28
2006 2007 2008
Phone (021) 521-1991, 521-1994
Fax (021) 521-1938, 521-1860
Email: NCDcorpsec@yahoo.com
Business Real Estate
Company Status PMDN
Financial Performance: In 2008, the Company still suffer-

ing net loss at IDR4.622 billion, which is higher than previous
year loss at IDR2.409 billion.
Brief History: Founded in 1981, the company has 13 sub-
sidiaries.
PT Wisma Dharmala, 55% owned by the company, oper-
ates in office building development and management. PT Pu-
traswadaya Prasetya and PT Putra Sentra Pertiwi, both 100%
owned by the company, are building contractors and real estate
developers. PT Satwika Permai Indah, 100% owned, operates in
general trading and as office building and real estate contractor.
PT Putra Sinar Persona, 100% owned, is a real estate company.
PT Putra Sentra Prasarana, 100% owned, operates in the accom-
modation, recreational, services and entertainment business.
PT Putra Sinar Permaja, 100% owned, operates in office build-
ing and real estate development. PT Putra Sekar Permata, 100%
owned, operates in land and building development and leasing.
PT Putrasewaya Persada and PT Patriamanunggal Suryagraha
Permai, 99% owned, is general contrator and real estate devel-
oper. PT Prima Suryagraha Perkasa, 99% Owned, operates in
construction and real estate. Finally, PT Praputra Suryaperkasa,
90% owned, is a contractor and real estate developer. Projects
completed and owned by the company include Wisma Bank
Dharmala, a 21 floor office building with 2.9 Ha of floor space
built on a 1.1 Ha site; Taman Surya II, a 15 Ha housing complex
with 510 houses and buildings, Pondok Club Villa’s (PCV) I, a
complex of town house, terrace house and apartments built on
a 5 Ha site; PCV II, comprising of 6 apartment buildings with
61 apartments built on a 11 Ha site adjacent to PCV I; and Pra-
panca Residence, consisting of 4 apartment blocks with a total
of 111 apartments. As a negative impact of monetary crisis, cost
production getting increase.
Up to now the company has a construction of exclusive
apartments in Meruya, West Jakarta. The company is one of
21 IBRA debtors with liabilities exceeding Rp 1 trillion. As of
December 10 last year, these liabilities were recorded at Rp
1.06 trillion
Shareholders
Gunawan Angkawibawa 15.29%
Danny Tanoto, Bsc 12.17%
Grand Plus Investment Limited 8.49%
PT Ciptadana Sekuritas 7.39%
Public 56.66%

PT New Century Development Tbk. Real Estate and Property

President Commissioner Achmad Saleh M., SH President Director Suherman Wiriadinata
Commissioner Riwayat Salamun Director Gilbert Rely


per Listing Shares
1 First Issue 28-Mar-94 28-Mar-94 90,000,000 90,000,000

2 Company Listing 28-Mar-94 18-Oct-94 225,000,000 315,000,000
3 Bonus Shares 4-Sep-95 4-Sep-95 210,000,000 525,000,000
4 Right Issue 27-Feb-96 27-Feb-96 472,500,000 997,500,000
5 Stock Split 3-Nov-97 3-Nov-97 997,500,000 1,995,000,000

Underwriter
PT Sigma Batara

90 250
80
200
70
60
150
50
40
100
30
20
50
10
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Pakuwon Jati Tbk. Real Estate and Property
Head Office Mandiri Tower 8th Floor Summary of Financial Statement

Jl. Basuki Rachmat 8-12
Surabaya 60261, Jawa Timur (Million Rupiah)
Phone (031) 531-1088, 531-1107 2006 2007 2008
Fax (031) 531-1077, 532-6726
Telex 34293 PAKWON IA
Jakarta
Representative Office Jl. Bulungan No. 76
Jakarta 12130
Phone (021) 720-9288, 720-9290
Fax (021) 720-9100
Company Status PMDN
Financial Performance: The Company suffered net loss in

2008 at IDR9.469 billion, versus net profit of IDR83.669 billion
in 2007.
Brief History: In 1991, Tunjungan Plaza II, a new 17 sto-
rey office and retail complex built adjacent to Tunjungan Plaza,
began leasing space to tenants. In early 1994, the company es-
tablished a wholly owned subsidiary named PT Pakuwon Sen-
trawisata, a tourist hotel management company. In February
1994, the company began construction of a 22 floor condo-
minium on a 0.3 Ha side in Surabaya with total floor space of
18 Ha, which is scheduled for completion at the end of 1995.
On July 1994, the company is offering 105 million shares in a
right issue at 1:1 ratio with price at Rp 2,100 per share. Of the
funds raised in the issue, 85.7% is to be used for acquisition of
27 million shares of PT Pakuan Darma, and the remainder to
strengthen the working capital and financing the construction
of Tunjangan Plaza III and reclamation of the Laguna View proj-
ect in Surabaya, East Java.
Shareholders
BSL Investment Inc. 22.14%
Burgami Investment Ltd. 20.90%
PT Pakuwon Arthaniaga 15.15%
Concord Media Investment Limited (CMIL) 7.38%
Raylight Investments Limited 7.15%
Sino Connect Investments Limited 4.28%
Oakhill Capital Limited 3.89%
PT Pakuwon Trijaya 1.64%
Alexander Tedja 0.02%
Public 17.45%

PT Pakuwon Jati Tbk. Real Estate and Property

President Commissioner Alexander Tedja President Director Ir. Richard Adisastra
Commissioners Dr. Dyah Prajnyaparamitha Duarsa, Directors Omar Ishananto, SH, A.S. Ridwan Suhendra,
Drs. Agus Soesanto Drs. Minarto

Number of Employees 1,417

per Listing Shares
1 First Issue 1989 1989 3,000,000 3,000,000

2 Company Listing 1989 1989 17,000,000 20,000,000
3 Right Issue 1991 1991 50,000,000 70,000,000
4 Bonus Shares 1992 1992 35,000,000 105,000,000
5 Right Issue 1994 1994 105,000,000 210,000,000
6 Stock Split 1996 1996 210,000,000 420,000,000
7 Additional Listing without Pre-emptive Rights 03-Feb-06 03-Feb-06 247,000,000 667,000,000
8 CB Conversion Mar-06 Mar-06 247,000,000 914,000,000
9 Additional Listing without Pre-emptive Rights 20-Mar-06 20-Mar-06 -247,000,000 667,000,000
10 CB Conversion 08-Aug-06 08-Aug-06 876,577,000 1,543,577,000
11 Stock Split 19-Sep-07 19-Sep-07 6,174,308,000 7,717,885,000
12 Bonus Shares 22-Aug-08 22-Aug-08 2,315,365,500 10,033,250,500
Underwriter PT Sigma Batara
Million Shares
Stock Price (Rp)
800 35
700 30
600
25
500
20
400
15
300
10
200
100 5
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Panca Wiratama Sakti Tbk. Real Estate and Property
Head Office Ruko Ciputat Indah Permai Blok B-6 Summary of Financial Statement
Jl. Ir. H. Juanda No. 50
Tangerang 15419, Banten (Million Rupiah)
Phone (021) 740-4402 2006 2007 2008
Fax (021) 740-4184
Company Status PMDN
Financial Performance: The Company was still booked a

net loss in 2008 at IDR22.694 billion or lower versus the 2007
net loss which reaches IDR45.265 billion. The higher net loss
was partly due to decrease in other expenses from IDR27.447
billion to IDR3.557 billion.
Brief History: Founded by Ir. Hodi Kunto Hadi and Drs.
Karel Kuncoro, the company has obtained approval for 3,000
Ha site for the Kota Tigaraksa project, which is slated to re-
place Tangerang
City as the capital of Tangerang Regency. Of this area,
1,000 Ha is to be developed according to an urban technical
zoning plan, with construction divided into phase I (300 Ha) and
phase II (700 Ha).
Acquisition of the remaining 2,000 Ha is to begin after
completion of the acquisition of the first 1,000 Ha and the com-
mencement of actual construction. Phase I of the development
began in 1989 and phase II will begin immediately after 80% of
phase I is completed.
Marketing of houses began in 1992. In addition to under-
taking the planned development of Kota Tigaraksa, the com-
pany has also bought 118.4 Ha of land in Cikasungka, Tangerang
Regency, about 5 Km to the north west and bordering on the
phase I development site.
Shareholders
Pacific Euro Trading Ltd. 19.00%
Egra Energi Pedesaan 18.00%
PT Takara Wirasta Rintistama 10.81%
PT Intermustika Mutiara 10.81%
Multivest Service Ltd. 9.60%
PT Baskara Dirgajaya 5.78%
PT Tigaraksa 5.75%
PT Inti Cipta Mandiri 4.40%
Cooperative 1.47%
PT Dwikarana Jayaraya 1.36%
Public 13.02%

PT Panca Wiratama Sakti Tbk. Real Estate and Property

President Commissioner Jeremia Kaban President Director Deetje Linawati
Commissioner Steven Michael Banjarnahor Directors M. Tonny Siftoni, Ade Nawir Siagian


per Listing Shares

2 Company Listing 10-Mar-94 10-Oct-94 22,500,000 33,000,000
3 Stock Split 24-Jul-98 23-Jul-98 33,000,000 66,000,000
4 Bonus Shares 9-Oct-98 9-Oct-98 16,500,000 82,500,000

Underwriters
PT Rekaprima Sekuritas, PT Niaga Securities

160 80
140 70
120 60
100 50
80 40
60 30
40 20
20 10
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Pelita Sejahtera Abadi Tbk. Real Estate and Property
Head Office Jl. Raya Soekarno-Hatta Km. 32 Summary of Financial Statement

Bawen 50661, Semarang, Jawa Tengah
Phone (0298) 523-359, 522-175, 521-364 (Million Rupiah)
Fax (0298) 523-359 2006 2007 2008
E-mail: psa@indo.net.id
Business Real Estate and Property
Company Status PMDN
Financial Performance: The Company recorded net profit

at IDR136 million in 2008, lower than previous year’s profit at
IDR308 million.
Brief History: The Company was established om 14 Janu-
ary 2002. The Company started its commercial operations on
1 May 2002.
Shareholders
Cooperative (Employees PT APAC Inti Corpora) 54.00%
Public 46.00%

PT Pelita Sejahtera Abadi Tbk. Real Estate and Property

President Commissioner Joseph Natal Sontenes Nababan President Director Rakiyo Wibowo
Commissioners Djulian Azwari Imron, Ade Prima Sjarif Director Jusca Fariedz


per Listing Shares
Underwriter
PT Victoria Sekuritas
350 2,000
1,800
300
1,600
250 1,400
1,200
200
1,000
150
800
100 600
400
50
200
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Pembangunan Jaya Ancol Tbk. Real Estate and Property
Head Office Cordova Building Tower 7th Floor Summary of Financial Statement
Jl. Pasir Putih Raya 1 Blok E5, Ancol Timur
Phone (021) 645-4567, 645-3456 2006 2007 2008
Fax (021) 645-2986, 6471-0502
Email: pja@ancol.co.id
Website: www.ancol.com
Business Real Estate and Property
Company Status PMDN
Financial Performance: The Company booked net profit

in 2008 at IDR132.233 billion, decrease from IDR140.867 bil-
lion in 2007.
Brief History: PT. Pembangunan Jaya Ancol Tbk was es-
tablished in July 10th 1992, at the first time the company is
engaged as a consultant service in planning and development
real estate (property), but the company also expands its core
business as a developer in real estate and resorts, hotels, and
sport center.
Shareholders
Regional Government of DKI Jakarta 72.00%
PT Pembangunan Jaya 18.01%
Public 9.99%

PT Pembangunan Jaya Ancol Tbk. Real Estate and Property

President Commissioner Ir. Sarwo Handayani, MSi President Director Ir. Budi Karya Sumadi
Commissioners Trisna Muliadi, Directors Ir. Pramonohadi Sayogya,
Ir. H. KRMH. Daryanto Mangoenpratolo Yosodiningrat, Drs. Slamet Sudiro Pramono MM,
Ir. Palgunadi Tatit Setyawan, Dipl, Ing, Wishnu Subagio Yusuf, Drs. Winarto
DR. Ir. H. Mara Oloan Siregar, MSi

per Listing Shares

2 Company Listing 2-Jul-05 2-Jan-05 719,999,998 799,999,998
3 Right Issue (Seri A) 2-Aug-04 2-Aug-04 1 799,999,999
4 Right Issue (Seri B) 2-Aug-04 2-Aug-04 1 800,000,000
5 Stock Split 10-Jul-06 10-Jul-06 799,999,996 1,599,999,996
Underwriter
PT Danareksa Sekuritas
1,200 25
1,000
20
800
15
600
10
400
5
200
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Perdana GapuraprimaTbk. Real Estate and Property
Head Office Gapura Prima Office Tower 6th Floor Summary of Financial Statement
The Bellezza Permata Hijau
Jl. Arteri Supeno No. 34, Permata Hijau (Million Rupiah)
Jakarta 12210 2006 2007 2008
Phone (021) 5366-8360
Fax (021) 5366-8363
E-mail: pgp@gapuraprima.com
Website: www.gapuraprima.com
Business Real Estate and Developer
Company Status PMDN
Financial Performance:The Company has managed to

book net profit at IDR11.370 billion in 2008, stumbling down
from IDR35.085 billion in 2007. The net profit decrease was in
line with the net sales which stepped down to IDR308 billion
from IDR409 billion.
Brief History: The Company was established on May 21st
1987. The Company has several prestigious projects such as
Apartement and Office The Bellezza Permata Hijau, Aparte-
ment Serpong Town Square, Apartement The Bellagio Kunin-
gan, Apartement Kebagusan City, Bukit Cimanggu City, Metro
Cilegon, Marcopolo Waterpark and many more.
Shareholders
PT Citraabadi Kotapersada 69.95%
International Leasing and Investment Corp. 15.45%
Public 14.60%

PT Perdana GapuraprimaTbk. Real Estate and Property

President Commissioner Gunarso Susanto Margono President Director Rudy Margono
Commissioners Oey Widyawati Gunarso, Toni Hartono, Directors Dedi Setiadi, Arief Aryanto
Ahmed Fouad Abdel Rahman,
Arvin Fibrianto Iskandar Number of Employees 893

per Listing Shares
1 First Issue 10-Oct-07 10-Oct-07 962,000,000 962,000,000

2 Company Listing 10-Oct-07 10-Jun-08 2,245,489,870 3,207,489,870
Underwriters
PT Danareksa Sekuritas, PT Mandiri Sekuritas, PT Nusadana Capital Indonesia
450 90
400 80
350 70
300 60
250 50
200 40
150 30
100 20
50 10
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Pudjiadi & Sons Tbk. Real Estate and Property
Head Office Jayakarta Tower Hotel Summary of Financial Statement

Jl. Hayam Wuruk 126, Jakarta 11180
Phone (021) 629-4408, 659-3626 (Million Rupiah)
Fax (021) 639-9573 2006 2007 2008
E-mail: pnse@cbn.net.id
Business Property and Hotel
Company Status PMDN
Financial Performance: The Company booked consolidated
net profit of IDR20.452 billion in 2008, rising versus IDR12.235
billion in the same period of 2007. The net sales stepped up from
IDR123.282 billion to IDR158 billion.
Brief History: The company started its commercial opera-
tions in 1970. The company’s scope of activities is mainly in the
hotelier business with all the facilities and infrastructures, such as
accommodation, office, shopping mall, apartment, recreation place,
and entertainment in the location of hotel. Following expansion
undertaken in 1976 the Jayakarta Hotel was renamed Jayakarta
Tower.
The hotel has had a four star rating since 1989, and the
company had undertaken a further expansion, bringing the total
number of rooms to 435. At the end of July 1991, the company ex-
panded its business to found PT PNS Investment located in Dallas,
Texas, USA, which owned the Radisson Central Hotel. The Radis-
son Central Hotel has 288 rooms while the Twin Sixties Tower
Building has a rentable floor area of 224.7 Square feet. The com-
pany also grew by taking over Anyer Beach Hotel, comprising 35
bungalows with 106 rooms, and Cisarua Mountain Hotel in West
Java, comprising 13 bungalows with 38 rooms. On February 1998,
the company sold Radisson Hotel in Dallas, USA, for US$ 29 mil-
lion.
This transaction could strengthen the capital structure of
the company and therefore it might record a net profit of Rp 3.54
billion.
In June 1999, the company explained that on December 18,
1998 it had sold the assets of a subsidiary, as approved by the
General Shareholders Meeting. This divestment had three phases.
First came restructuring to avoid state taxes: the legal domicile of
the subsidiary was transferred from the state of Texas to Nevada,
which imposes no state tax on such transactions. Second, the as-
sets were sold after the restructuring was complete. Third, the
ownership of PT Pudjiadi & Sons in this empty shell company was
sold to PANIS Equity, Inc., so that PT Pudjiadi & Sons no longer had
to pay corporate tax in the USA. By selling off its assets in Texas
Dallas for a considerable capital gain, the company has managed
to maintain its liquidity. As a result, the company was largely unaf-
fected by the slump in the hotel industry in 1999.
Meanwhile, to boost future performance, the company has
acquired a 51% stake in PT Juwara Warga Hotel Corporation.
Shareholders
PT Istana Kuta Ratu Prestige 60.21%
PT Jayakarta Investindo 20.52%
Syukur Pudjiadi 12.83%
Public 6.44%

PT Pudjiadi & Sons Tbk. Real Estate and Property

President Commissioner Gabriel Lukman Pudjiadi President Director Kristian Pudjiadi
Vice President Commissioner Marianti Pudjiadi Director Ariyo Tejo
Commissioner Ir. H. Daryanto M.P. Yosodiningrat

per Listing Shares
1 First Issue 1-May-90 1-May-90 2,000,000 2,000,000

2 Partial Listing 14-Aug-91 21-Aug-91 4,000,000 6,000,000
3 Bonus Shares 14-Feb-92 14-Feb-92 1,350,000 7,350,000
4 Bonus Shares 17-Dec-92 17-Dec-92 8,910,000 16,260,000
5 Company Listing 19-Oct-94 19-Oct-94 7,500,000 23,760,000
7 Stock Split 14-Apr-97 14-Apr-97 24,948,000 49,896,000
8 Right Issue 24-Dec-97 24-Dec-97 74,844,000 124,740,000
9 Warrant I 17-Jun-02 17-Jun-02 3,000 124,743,000
10 Warrant I 9-Jan-03 9-Jan-03 4,982,771 129,725,771
Underwriters
BAPINDO, PT ASEAM, PT IFI
Thousand Shares
Stock Price (Rp)
950 70
60
900
50
850
40
800
30
750
20
700
10
650 -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Pudjiadi Prestige Tbk. Real Estate and Property
Head Office Hotel Jayakarta 21st Floor Summary of Financial Statement

Jl. Hayam Wuruk No. 126
Phone (021) 624-1030, 624-1033 (Hunting) 2006 2007 2008
Fax (021) 624-0981, 624-0987
E-mail: prestige@cbn.net.id
Website: www.pudjiadiprestige.co.id
Business Real Estate, Developer and
Property Management
Company Status PMDN
Financial Performance: The Company booked net profit

worth IDR3.963 billion in 2008, stumbling down from IDR6.812
billion in 2007. The company recorded revenue at IDR49.163
billion in 2008, declining from IDR65.850 billion in 2007.
Brief History: The company started its commercial op-
eration in 1981. Starting its success with the establishment of
the Plaza Jayakarta Apartments and shopping center Jayakarta
in 1981. The business units encompassing, rental, and the man-
agement of hotels, apartments, and building through six busi-
ness units scattered in strategic areas in Jakarta, Anyer, Serang,
Yogyakarta, Bali, and Lombok. The company continue building
prestigious projects scattered in the most coveted areas in Ja-
karta, Anyer, and Bali; like Residential Project “Villa Menara Ke-
lapa Gading”, Villa Bukit Marbella Pantai Indah Anyer, Marbella
III, and Lower to Middle scale homes.
Shareholders
PT Istana Kuta Ratu Prestige 44.54%
Lenawati Pudjiadi 15.05%
HSBC Intl. Trust (Sing) Ltd. 9.57%
HSBC Intl. TSTE (Sing) Ltd. 5.17%
Kosmian Pudjiadi 2.63%
Marianti Pudjiadi 2.63%
Kristian Pudjiadi 2.63%
Lukman Pudjiadi 1.71%
Damian Pudjiadi 1.35%
Soekardjo Hardjosoewirjo 0.90%
Public 13.82%

PT Pudjiadi Prestige Tbk. Real Estate and Property

President Commissioner Kosmian Pudjiadi, MBA President Director Damian Pudjiadi
Vice President Commissioner Soekardjo Hardjosoewirjo, SH Director Toto Sasetyo Dwi Budi Listyanto
Commissioner Ir. KRMH Daryanto Mangunpratolo Yosodiningrat

per Listing Shares
1 First Issue 18-Nov-94 18-Nov-94 26,000,000 26,000,000

2 Company Listing 18-Nov-94 28-Sep-95 74,000,000 100,000,000
3 Stock Split 16-Sep-96 16-Sep-96 100,000,000 200,000,000
4 Bonus Shares 16-Sep-96 16-Sep-96 80,000,000 280,000,000

Underwriter
PT Morgan Grenfell Asia Indonesia
350 35
300 30
250 25
200 20
150 15
100 10
50 5
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Ristia Bintang Mahkotasejati Tbk Real Estate and Property
Head Office Ribens Autocars Building 3rd Floor Summary of Financial Statement
Jl. Fatmawati No. 188
Phone (021) 750-9900, 750-5000 2006 2007 2008
Fax (021) 751-1025
Business Development and Real Estate
Company Status PMDN
Financial Performance:The Company booked net profit

at IDR965 million in 2008, or increased from IDR843 million
in 2007.
Brief History: Established in 1985 with the name of PT
Ristia Bintang Mahkota, the company held a 99.97% share in PT
Roda Panggon Harapan (RPH) and a 80% share in PT Ciptojaya
Kontridoreksa (PT CK). The subsidiaries operate in the field of
business same to that of the holding company. The company
and the subsidiaries have appropriated landplot as width as 216
hectares, located in Bekasi, Karawang and Tangerang. Some 49
hectares of the appropriated landplot have been used for the
building of 2,289 units of housing, including 304 units of housing
in Bintang Metropol project (Bekasi) and 252 units in Mahkota
Simprug, Tangerang which were developed by PT Ristia, 527
units of housing in Simprug Diporis by PT RPH and 1,206 units
of housing in Citra Kebunmas by PT CK. Around 1,421 units
or 61% of the total housings have been sold. In completing the
projects, the company cooperated with PT McKerrel Lynch
Arkinson. Meanwhile, the marketing of its products is directly
handled by the company’s employees and real estate agents. On
November 27, 1997, or slightly before, the company listed its
shares at the Jakarta Stock Exchange. Its name was changed into
PT Ristia Bintang Mahkotasejati.
Shareholders
Aussie Properties Limited 40.25%
PT Bintang Mitra Semestaraya Tbk 24.18%
Richard Rachmadi Wiriahardja 0.61%
Maria Florentina Tulolo 0.61%
Thomas Wiriahadrja 0.61%
Public 33.74%

PT Ristia Bintang Mahkotasejati Tbk Real Estate and Property

President Commissioner Richard Rachmadi Wiriahardja President Director Martinus Tulolo
Commissioners Drs. Maria Florentina Tulolo, Toto Ichwan Director Rosa Lestari Putri

per Listing Shares
1 First Issue 19-Dec-97 19-Dec-97 70,000,000 70,000,000

2 Company Listing 19-Dec-97 4-Aug-98 150,000,000 220,000,000
3 Convertible Bond 19-Dec-97 4-Aug-98 40,000,000 260,000,000
4 Additional Listing 20-Sep-00 20-Sep-00 66,722,500 326,722,500

Underwriters
PT Trimegah Securindo Lestari Tbk, PT Panin Sekuritas Tbk

250 2
1
200
1
1
150
100
1
0
50
0
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Royal Oak Development Asia Tbk. Real Estate and Property
Head Office Transpacific Tower Summary of Financial Statement

Permata Kuningan 3rd Floor
Jl. Kuningan Mulia Kav. 9C (Million Rupiah)
Jakarta 12980 2006 2007 2008
Phone (021) 8378-0722, 8378-0711
Fax (021) 8378-0733
Website: www.roda-tbk.com
Business Real Estate and Contractor
Company Status PMA
Financial Performance: The Company still suffered net
loss at IDR10.508 billion in 2008, or surged from IDR252.318
million net loss in 2007.
Brief History: The corporate is a business institution
with national scale which do business in property development,
where most of its project located around Jakarta & Tanggerang.
Established in Jakarta on October 15th 1984 as PT. Roda Pang-
gon Harapan. One of the biggest project is Simprug Estate in
Poris, Tanggerang. The Company changed its name to PT Royal
Oak Development Asia Tbk in 2007.
Shareholders
Forever Prosperous Pte., Ltd. 50.20%
Ralffeisen Zentralbank Oesterreich AG, S 17.81%
Public 31.99%

PT Royal Oak Development Asia Tbk. Real Estate and Property

President Commissioner Prof. DR. J.B. Kristiadi Pudjosukanto President Director Subianto Satmaka
Commissioner Richard Rachmadi Wiriahardja, Vice President Director Leong Hin Chuee (Andrew Leong)
Kelly Setiadi Kurnia, Angel Setiadi Kurnia, Directors Pingki Elka Pangestu, Muliadi Hardja,
Husni Thamrin Mukti Parningotan Okto Luther


per Listing Shares
1 First Issue 22-Oct-01 22-Oct-01 150,000,000 150,000,000

2 Company Listing 22-Oct-01 28-May-02 441,000,000 591,000,000
3 Right Issue 1-Feb-08 1-Feb-08 12,883,800,000 13,474,800,000
Underwriter
PT Harita Kencana Securities
250 18
16
200 14
12
150
10
8
100
6
50 4
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Sentul City Tbk. Real Estate and Property
Head Office Gedung Graha Utama Summary of Financial Statement

Jl. MH. Thamrin, Sentul City
Bogor 16810 (Million Rupiah)
Phone (021) 8796-1888 2006 2007 2008
Fax (021) 8796-0778, 8796-1036
E-mail: ptsc@sentulcity.co.id
Website: www.sentulcity.co.id
Company Status PMDN
Financial Performance: The Company suffered net loss

in 2008 at IDR15.714 billion, versus net profit in 2007 at
IDR85.507 billion. The net revenue stumbled to IDR80.110 bil-
lion from IDR355 billion.
Brief History: The company, founded in April 1993, is
one of Indonesia’s largest urban developers and is currently
engaged in the development of Bukit Sentul as a self-contained
family town.
Marketing activities were commenced in September
1993, while construction of housing and infrastructure began
in January 1994.
The product range offered to consumers includes homes
ready for occupation, construction-ready housing lots, golf
course and golf club, and construction-ready commercial lots.
Through careful planning, Bukit Sentul is able to build infra-
structure capable of meeting both current and future needs
that also blends well with the environment and local conditions.
The company aims to build a new town in the cool Bogor area
to the south of Jakarta by offering housing and commercial facil-
ities for people working in Jakarta and the surrounding region.
The company offered 400 million shares to the public, which
shares were subsequently listed at stock exchange in Indone-
sia on July 28, 1997. As of June 30, 2000, all of the company’s
shares are listed at the stock exchange in Indonesia.
Shareholders
Athena Offshore Holding Limited 28.62%
PT Reputasi Utama 11.22%
PT Danareksa Sekuritas 5.87%
Norfolk Profit Utama 5.74%
Good Trend Management Limited 4.90%
Public 43.65%

PT Sentul City Tbk. Real Estate and Property

President Commissioner Budianto Andreas N. President Director Albert C.J.D. Inkiriwang
Vice President Commissioner Kwee Laurie Kumala Vice President Commissioner Charles Sidik Jonan
Commissioners Wisnu Sentausa, Sumarsono Directors Kwee Reina Kumala, Pesta Uli Sitanggang,
Juliusm, Hartan Gunadi, Andrian Budi Utama


per Listing Shares

2 Company Listing 28-Jul-97 28-Jul-97 1,030,000,000 1,430,000,000
3 Right Issue 3-Aug-99 3-Aug-99 4,004,000,000 5,434,000,000
4 Reverse Stock 1-Aug-06 1-Aug-06 -4,075,500,000 1,358,500,000
5 Stock Split 10-Oct-06 10-Oct-06 8,151,000,000 9,509,500,000
Underwriters
PT Inter-Pacific Financial Corporation, PT INDOVEST
Stock Price and Traded Chart

800 1,000
900
700
800
600
700
500
600
400 500
400
300
300
200
200
100
100
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Summarecon Agung Tbk. Real Estate and Property
Head Office Summarecon Plaza 2nd Floor Summary of Financial Statement

Jl. Perintis Kemerdekaan No. 42
Phone (021) 471-4567, 489-2107 2006 2007 2008
Fax (021) 489-2976
E-mail: corp_secretary@summarecon.dom
Website: http://www.summarecon.com
Branch Office Jl. Boulevard Raya Gading
Blok AA 4 No. 39-45
Serpong, Tangerang 15810, Banten
Phone (021) 5421-0008
Fax (021) 5421-0007
Company Status PMDN
Financial Performance: The Company booked net profit of

IDR94.141 billion in 2008, down from IDR159.839 billion in 2007.
Interest expense reached IDR76.024 billion in 2008, compared to
IDR56.103 billion in 2007.
Brief History: The company was established on November
26, 1975. The company began its commercial operations in 1976,
selling residential properties on a 10 Ha site, known as Kelapa Gad-
ing Permai in Northern Jakarta. In 1991 the company bought out all
land and houses owned by PT Nusa Kirana Real Estate. A strategic
alliance with Keris Group in 1993 to develop a 1,500 hectare site in
Serpong into another township called Gading Serpong. At the end
of 1993 the company founded a 51% owned joint venture with PT
Karawachi Graha Permai called PT Jakarta Baru Graha Permai, also
a real estate company. The company stopped the activity of building
apartments in the middle of 1995. According to the director of the
company, it was because the activity was unprofitable.
The company has registered all of its shares at the Jakarta
and Surabaya Stock Exchange on August 14, 1996. In June 1998,
the company changed strategy for its property business, focusing on
sales of groups of medium-priced houses. This was in response to
the collapse of purchasing power, high interest rates and the scarcity
of home mortgages. Then in August 1998, seven foreign investors
bought 118,360,000 shares, or 34.75% of company equity, bringing
foreign ownership to 135,723,085 shares or 39.84% of equity. The
seven foreign investors are: Trentwell Assets Ltd., Canon Securities
Group, Lionrich Investment Ltd., Sunpath Finance Ltd., Vanderian
Holding Ltd., Goodridge International Ltd., and Great Wall Ltd.
Now entering into its eight year, Gading Serpong is a town of more
than 5,000 houses, shophouses, and popular 18-hole Graham Marsh
designed, golf course-Gading Raya Golf Club. To offset cyclical fluc-
tuations in the real estate sales, the company has built and run a
few investment properties, namely Klub Kelapa Gading, Mal Kelapa
Gading, and its Gading Food City, The Summerville Serviced Apart-
ments, Plaza Summarecon, Kelapa Gading Driving Range, and Bursa
Mobil I, II, and III.
Shareholders
PT Semarop Agung 25.27%
PT Sinarmegah Jayasentosa 7.27%
Harto Djojo Nagaria 0.32%
Public 67.14%

PT Summarecon Agung Tbk. Real Estate and Property

President Commissioner Ir. Soetjipto Nagaria President Director Johanes Mardjuki
Commissioners Edi Darnadi, Harto Djojo Nagaria, Directors Lexy Arie Tumiwa, Liliawati Rahardjo Ir. Ge Lilies Yamin,
Ir. Sunardi Rusli, Esther Melyani Homan, Soegianto Nagaria, Herman Nagaria
Sumantri Gangga

per Listing Shares
1 First Issue 7-May-90 7-May-90 6,667,000 6,667,000
2 Partial Listing 26-Jan-94 26-Jan-94 16,666,700 23,333,700
3 Bonus Shares 24-Mar-94 24-Mar-94 10,825,500 34,159,200
4 Bonus Shares 4-Apr-94 4-Apr-94 841,500 35,000,700
5 Stock Dividend 12-Sep-94 12-Sep-94 6,000,000 41,000,700
6 Bonus Shares 17-Jan-95 17-Jan-95 53,000,000 94,000,700
7 Company Listing 17-Jan-95 17-Jan-95 64,999,300 159,000,000
8 Stock Dividen 19-Aug-96 19-Aug-96 6,360,000 165,360,000
9 Stock Split 11-Nov-96 11-Nov-96 165,360,000 330,720,000
10 Stock Dividend 5-Sep-97 5-Sep-97 9,921,600 340,641,600
11 Stock Dividend 2-Aug-02 2-Aug-02 34,064,160 374,705,760
12 Stock Split 12-Aug-02 12-Aug-02 1,498,823,040 1,873,528,800
13 Additional Listing without Pre-emptive Rights 17-Nov-05 17-Nov-05 93,676,000 1,967,204,800
15 Bonus Shares 1-Aug-06 1-Aug-06 786,881,920 2,754,086,720
16 Pre-emptive Rights 25-Jul-07 25-Jul-07 459,014,453 3,213,101,173
17 Warrant 17-Jan-08 17-Jan-08 4,792,623 3,217,893,796
18 Bonus Shares 09-Jun-08 09-Jun-08 3,217,893,796 6,435,787,592
Underwriters PT Danareksa Securities, PT Andalan Artha Advisindo, PT Danpac Sekuritas, PT Kresna Graha Sekurindo TbkBoard of Commissioners

1,400 140
1,200 120
1,000 100
800 80
600 60
400 40
200 20
- -
08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

PT Surya Semesta Internusa Tbk. Real Estate and Property
Head Office Graha Surya Internusa, 11th Floor Summary of Financial Statement

Jl. HR. Rasuna Said Kav. X-0


Phone (021) 526-2121, 527-2121 2006 2007 2008

Fax (021) 526-7878
E-mail: inqury@suryainternusa.com
Homepage: www.suryainternusa.com
Business Property & Constructions
Company Status PMDN
Financial Performance: In 2008, The Company suffered

net loss of IDR11.704 billion, versus IDR11.725 billion net prof-
it had in 2006.
Brief History: The company, established in 1971 as PT
Multi Investment Ltd. The shares of the company were listed on
the Jakarta Stock Exchange on March 27, 1997. Assets owned
and operated by subsidiaries and associated company include:
the 1,400- hectare Suryacipta City of Industry in Karawang,
West Java; Graha Surya Internusa office building at the Golden
triangle, Kuningan, South Jakarta; Tanjung Mas Raya Residential
estate, South Jakarta; electronic and computer business center
Glodok Plaza, West Jakarta; Ungasan Resort, Bali; the five star
Gran Melia Jakarta Hotel; and the five star Melia Bali Villas &
Spa Resort in Nusa Dua, Bali. In addition, the company also has
a subsidiary operating in construction services, building various
infrastructures, apartments and housing projects in various ar-
eas in Indonesia; and another subsidiary producing prestressed/
precast concrete such as square-piles, spun piles, and precast
walls.
Shareholders
PT Union Sampoerna 16.12%
PT Arman Investment Utama 9.48%
JYSKE Bank-Customer Account 8.95%
BBH Boston S/A Bank Morgan Stanley AG ZU 8.12%
PT Persada Capital Investama 7.01%
HSBC Private Bank (Suisse) SA Singapore 5.97%
Primotex Limited 5.84%
Ir. Benyamin Arman Suriadjaya 3.32%
Hamadi Widjaja 0.22%
Public 34.97%

PT Surya Semesta Internusa Tbk. Real Estate and Property

President Commissioner Hagianto Kumala President Director Johannes Suriadjaja
Vice President Commissioner Ir. Marseno Wirjosaputro Vice President Director Eddy Purwana Wikanta
Commissioners Hamadi Widjaja, Steen Dahl Poulsen, Director The Jok Tung
William Jusman

per Listing Shares
2 Company Listing 27-Mar-97 6-Nov-97 540,000,000 675,000,000
3 CB Conversion 27-Mar-97 6-Nov-97 64,611,500 739,611,500
4 Additional Listing without Pre-emptive 2-Dec-05 2-Dec-05 209,027,500 948,639,000
5 Right Issue 29-Jul-08 29-Jul-08 227,673,360 1,176,312,360
Underwriter
PT Usaha Bersama Sekuritas
1,200 16
14
1,000
12
800
10
600 8
6
400
4
200
2
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Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09

PT Suryainti Permata Tbk. Real Estate and Property
Head Office Wisma Permata Summary of Financial Statement

Jl. Panglima Sudirman No. 55
Surabaya 60271 (Million Rupiah)
Phone (031) 548-1666 (Hunting) 2006 2007 2008
Fax (031) 548-1555
E-mail: siip@yuryainti.com
http://www.suryainti.com
Business Property
Company Status PMDN
Financial Performance: The Company booked consolidated

net income of IDR55.244 billion in 2008, falling versus IDR108.914
billion in the same period of 2007. The net sales stepped down to
IDR106.889 billion from IDR246.117 billion.
Brief History: The Company was established in Jakarta on 14
February1990, with the name of PT Surya Indah Permata. One year
later, the head office of the company was moved to Surabaya from
Jakarta and the name changed into PT Suryainti Permata. It started
producing commercially in 1992 by building 573 units of house cum
shop (ruko) and developing a land plot of 72.3 hectares in Surabaya
for housing plots. The size of the housing plots ranges from 91
m2 to 383 m2 per parcel. The successful debut encouraged the
company to handle the development of Istana Permata Townhouse
Hotel and 26 units of Ruko in Permata Gubeng in 1995. The size
of land plots allocated for townhouses of the hotel ranges from
176 m2 to 368 m2 per unit with the floor space of 352 m2 - 368
m2 a unit. Meanwhile, the size of land plot for a ruko is around
90 m2 - 110 m2 with the floor space ranging from 270 m2 to 303
m2 a unit. The company has two subsidiary companies, and they
operate in the same field of business as their holding company.
The subsidiaries are PT Benteng Tunggal, and PT Duta Windumas
Mitraloka. The company and its subsidiaries have signed contracts
with the Indonesian Air Force (TNI AU) to purchase land plots in
the form of Land Title for Personal Use.
Under the contracts, the company and its subsidiaries have
the right to use land plots belonging to TNI AU for 30 years and
the land plots must be returned to the owner otherwise the con-
tracts are extended. The land plots are located in Jl. Pasar Minggu,
South Jakarta, with a total size of 1.4 hectares, Jl. RE. Martadinata,
North Jakarta (3.75 hectares), Jl. BY Pass, East Jakarta (1.54 hec-
tares) and Kanjeran, Surabaya (10 hectares). In 1996, the company
built 81 units of Ruko (Maygen Sungkono I Project), with the size
of land plot/floor space ranging from 54 m2/190 m2 to 110 m2/388
m2 per unit. According to the General Shareholders’ Meeting in
August, 2000, the company was appointed as sole distribution of
Garuda motorcycles. Meanwhile diversification in e-commerce
business is still in progress.
Shareholders
Eastlion Worldwide Ltd., Singapura 40.13%
PT Permata Sumber Investindo 18.82%
PT Inovasi Utama Sekurindo 12.95%
Melon Bank 5.29%
Public 22.81%

PT Suryainti Permata Tbk. Real Estate and Property

President Commissioner Mayjend (Purn) Haris Sudarno President Director Henry Jocosity Gunawan
Commissioners Laksda (Purn) Gofar Suwarno, Directors Sukavat Amarekajorn, H.R. Ali Badri Zaini,
Dr. Harijanto, MM, H. Soegiono, SE Drs. Arief Sutjahyo Wahyutomo, Ak,
Yusuf Wangsaredja, SH


per Listing Shares
1 First Issue 8-Jan-98 8-Jan-98 100,000,000 100,000,000

2 Company Listing 8-Jan-98 15-Aug-98 500,000,000 600,000,000
3 Additional Listing
Without Pre-emptive Rights 5-Apr-05 5-Apr-05 301,492,339 901,492,339
4 Stock Dividend 16-Sep-05 16-Sep-05 150,248,724 1,051,741,063
5 Stock Split Seri A 12-Mar-08 12-Mar-08 1,800,000,000 2,851,741,063
6 Stock Split Seri B 12-Mar-08 12-Mar-08 1,355,223,189 4,206,964,252
Underwriter
PT Usaha Bersama Sekuritas
2,500 50
45
2,000 40
35
1,500 30
25
1,000 20
15
500 10
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PT Suryamas Dutamakmur Tbk. Real Estate and Property
Head Office Sudirman Plaza Business Complex Summary of Financial Statement

Plaza Marein 16th Floor
Jl. Jend. Sudirman Kav. 76-78 (Million Rupiah)
Jakarta 12910 2006 2007 2008
Phone (021) 5793-6733 (Hunting)
Fax (0210 5793-6730
Branch Office Jl. Graha Yasa No. SH-01
Rancamaya Golf Estate
Ciawi-Bogor 16720
Phone (0251) 824-2278
Fax (0251) 824-2284
Email: finance@rancamayaestate.com
Website: www.rancamayaestate.com
Company Status PMA
Financial Performance: In 2008, the Company still suf-

fered net loss at IDR16.992 billion, or decreasing from 2007
net loss at IDR121.289 billion. Other expenses decreased from
IDR86.527 billion to IDR9.494 billion.
Brief History: The company is still developing the Ranca-
maya Estate integrated housing complex, a 361 ha project. The
two wholly-owned subsidiaries of Suryamas Dutamakmur are
PT Sapta Kreasi Indah and PT Rancamaya Asri Golf Country.
In addition, PT Sapta Kreasi Indah itself controls four subsidiar-
ies, all with the same line of business as their parent company.
Of these subsidiaries, PT Multiraya Sinarindo, PT Permainusa
Megacitra, and PT Rancamaya Indah Hotel are wholly owned,
while PT Sapta Kreasi retains 93% of the equity of the fourth
subsidiary, PT Centralnusa Majupermai. PT Multiraya Sinarindo
is planning the construction of the Cibubur Townhouses, a 10
ha middle-income housing development located in the Cibubur
area, West Java. PT Permainusa Megacitra is now laying the
groundwork for its
Kuningan Plaza apartment and office complex, situated
on a one ha site on Jl. HR Rasuna Said, Jakarta. Finally, PT Cen-
tralnusa Majupermai is in the midst of planning the develop-
ment of 630 ha of lower to middle-income housing in its Bekasi
Township project in South Bekasi. The company has received
approval for a three-month extension, starting from April 24
2000, on its debt restructuring agreement.
Shareholders
Asia Capital Holding Limited (ACHL) 73.67%
PT Suryapembangunan Utama 13.42%
Public 12.91%

PT Suryamas Dutamakmur Tbk. Real Estate and Property

President Commissioner Wismoyo Arismunandar President Director Kenneth Lian
Commissioners Fifi Julia Maeloa, Ramelan, SH, MH Directors Wendy Sui Cheng Yap,
Sujanto Handoko, Wing Indrasmoro

per Listing Shares
1 First Issue 1995 1995 80,000,000 80,000,000

2 Company Listing 1995 1995 444,000,000 524,000,000
3 Conversion Bonds 1996 1996 78,566,667 602,566,667
4 Right Issue 1996 1996 451,925,000 1,054,491,667
5 Warrant 1997 1997 184,050 1,054,675,717
6 Warrant 1998 1998 465,875 1,055,141,592
Pre-emptive Rights 25-Sep-07 25-Sep-07 1,290,423,023 2,345,564,615
Pre-emptive Rights 14-Nov-08 14-Nov-08 1,661,219,216 4,006,783,831
Underwriter
PT Trimegah Securindolestari Tbk
Stock Price and Traded Chart Stock Price and Traded Chart Th
Million Shares
Stock Price (Rp)
300 0
0
250
0
200 0
0
150
0
100 0
0
50
0
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08 08 08 08 08 08 08 08 08 08 08 08 09 09 09 09 09 09

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PT Lamicitra Nusantara Tbk.

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Financial Performance: The Company booked consolidat-

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1 First Issue 18-Jul-01 18-Jul-01 80,000,000 80,000,000

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