Stamford Tyres Distributor Indonesia

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PT. Stamford Tyres Distributor Indonesia, 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 Articles of Association had been amended several times, the latest by notarial deed No. 16 of Judy K. H. Sentana, SH, MH dated 11 December 2008, concerning the changes of company’s authorized capital and paid-up capital of the company. This amendment was approved by the Ministry of Law and Human Rights of the Republic of Indonesia in its Decision Letter No. AHU-07710.AH.01.02 year 2009 dated 16 March 2009. The Company started its commercial operation in October 2002. The principal activities of the Company consist of wholesale of tyres and wheels throughout Indonesia. The Company has branch offices in Balikpapan and Makassar to cater to mining contractors.

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