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Government Regulation Number 44 By 2013

Original Language Title: Peraturan Pemerintah Nomor 44 Tahun 2013

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SHEET COUNTRY
REPUBLIC OF INDONESIA

No. 102, 2013 BUMN. -Persero. The Inclusion Of State Capital. Stocks. The addition. PT Port Indonesia II.

GOVERNMENT REGULATION OF THE REPUBLIC OF INDONESIA
No. 44 YEAR 2013
ABOUT
THE ADDITION OF THE INCLUSION OF THE REPUBLIC OF INDONESIA CAPITAL
INTO THE COMPANY ' S SHARE CAPITAL PERSEROAN (PERSERO)
PT INDONESIAN PORT II
BY THE GRACE OF THE ALMIGHTY GOD
PRESIDENT OF THE REPUBLIC OF INDONESIA,

Weigh: a.   that to increase the business capacity of Perseroan Company (Persero) PT Port Indonesia II, it is necessary to increase the inclusion of capital of the Republic of Indonesia into the stock capital of Perseroan Company (Persero) PT Port Indonesia II which derived from the transfer of the entire share capital of the Republic of Indonesia on the Perseroan Company (Persero) PT Pengerukan Indonesia in the restructure of the Perseroan Company (Persero) PT Pengerukan Indonesia;
B.   that the Persero Company (Persero) PT Pengerukan Indonesia can provide a role to increase the business capacity of the Perseroan Company (Persero) PT Port Indonesia II;
c. that under consideration as to the letter a and the letter b and to carry out the provisions of Article 4 paragraph (4) of the Law No. 19 Year 2003 on the State-owned Business Agency, need to establish the Government Regulation on The addition of the inclusion of capital of the Republic of Indonesia into the Modal Stock Company of Perseroan (Persero) PT Port Indonesia II;

Remembering: 1.   Article 5 of the paragraph (2) of the Basic Law of the Republic of Indonesia 1945;
2. Act No. 19 of 2003 on the State Governing Body (Indonesian Republic of Indonesia Year 2003 Number 70, Additional Gazette of the Republic of Indonesia Number 4297);
3. Government Regulation No. 44 Year 2005 on the Tata Inclusion And Entrepreneurship Enterprises of the State-owned Enterprises and Limited Perseroan (State Sheet of the Republic of Indonesia 2005 No. 116, Additional Gazette of the Republic of Indonesia) Indonesia Number 4555);

DECIDED:

SET: GOVERNMENT REGULATION ON THE ADDITION OF THE INCLUSION OF CAPITAL OF THE REPUBLIC OF INDONESIA INTO THE STOCK CAPITAL OF THE COMPANY PERSEROAN (PERSERO) PT INDONESIAN PORT II.

Section 1
(1) The State of the Republic of Indonesia conducts the addition of capital inclusion into the stock capital Company Perseroan (Persero) PT Port Indonesia II established under Government Regulation Number 57 of 1991 on Disposition of the Form of the Company General (Perum) Port II Becomes A Company Of Perseroan (Persero).
(2) The addition of the State Capital Inclusion as referred to in paragraph (1) is derived from the diversion of all shares belonging to the State of the Republic of Indonesia on the Perseroan Company (Persero) PT Pengerukan Indonesia which was established under Government Regulation Number 9 Of 1991 On The Takeover Of The Common Form Corporation (Perum) The Pengerukan Company Of Perseroan (Persero).

Section 2
(1) The Addition of the State of the Capital as referred to in Article 1 of 541,622 (five hundred and forty-one thousand six hundred and twenty-two) shares that have been placed and full of all-based dictors based on reasonable value of the Rp426.418.000.00 (four hundred and twenty-six billion four hundred and eighteenth million rupiah).
(2) The addition of the inclusion of the State Capital as referred to in paragraph (1) resulting in the amount of capital placed and disetored by the State of the Republic of Indonesia on the Perseroan Company (Persero) PT Port Indonesia II to be the size of Rp1.444.029.000.00 (one trillion four hundred and forty-four billion twenty-nine million rupiah).

Section 3
The addition of the State Capital inclusion as referred to in Article 1 results:
a.   The status of the Perseroan Company (Persero) PT Pengerukan Indonesia became PT Pengerukan Indonesia which was fully subordinated to the Act No. 40 of 2007 on the Limited Perseroan; and
B.   Perseroan Company (Persero) PT Port Indonesia II became the Shareholder of PT Pengerukan Indonesia.

Section 4
This Government Regulation shall begin in effect on the date of the promulctest.

In order for everyone to know it, order the invitational of this Government Regulation with its placement in the State Sheet of the Republic of Indonesia.

Set in Jakarta
on June 5, 2013
PRESIDENT OF THE REPUBLIC OF INDONESIA,

-DR. H. SUSILO BAMBANG YUDHOYONO

Promulgated in Jakarta
on June 5, 2013
MINISTER FOR LAW AND HUMAN RIGHTS
REPUBLIC OF INDONESIA,

AMIR SYAMSUDIN