PT. Stamford Tyres Distributor Indonesia (the “Company”), a wholly owned subsidiary of Stamford Tyres Corporation Limited in Singapore (a listed company in SGX), was established under Foreign Investment Law on 21 August 2002, based on notarial deed of Sri Nanning S.H., Notary Public in Jakarta. The deed of establishment had been approved by the Indonesian Minister of Justice and Law Decree No. C-23853 HT 01.01.TH2002 dated 04 December 2002.
The principal activities of PT. Stamford Tyres Distributor Indonesia consist of wholesale and retail of tyres and wheels throughout Indonesia.