SHEET COUNTRY
REPUBLIC OF INDONESIA
GOVERNMENT REGULATION OF THE REPUBLIC OF INDONESIA
Number 26, 1995
ABOUT
THE ADDITION OF THE NATIONAL CAPITAL INCLUSION OF THE REPUBLIC OF INDONESIA TO
IN THE COMPANY ' S SHARE CAPITAL PERSEROAN (PERSERO)
PT CEMENT PADANG
PRESIDENT OF THE REPUBLIC OF INDONESIA,
.,, weighed: a. that to further improve and develop the business activities of the Perseroan Company (PERSERO) The PT. Cement Padang is seen as necessary to add the inclusion of the capital of the Republic of Indonesia into the stock capital of the Company (PERSERO);
., b. That the funds that come from a part of the loan of ex-Bapindo credit and the interest used to finance the project Indarung III-B could be made to add the inclusion of the capital of the Republic of Indonesia into the stock capital. Company Company (PERSERO) The PT. Cement Padang;
.,, c. that the addition of inclusion of the capital of the State, needs to be established with Government Regulation.
.,, Given: 1. Section 5 of the paragraph (2) of the Basic Law of 1945;
., 2. The Code of Trade Law (Staatsblad of 1847 Number 23) as has been several times amended, last with Law No. 4 of 1971 (State Gazette of 1971 Number 20, Extra State Sheet Number 2959);
., 3. Law Number 9 of the Year 1969 on the Enaconing Of The Statutory Successor Government Number 1 Year 1969 on State Forms Of Effort (state Gazette 1969 Number 16, Additional Sheet States 2890) into Law (sheet) 1969 State Number 40, Additional Gazette State Number 2904);
., 4. Government Regulation Number 12 of 1969 on the Company Perseroan (PERSERO) (1969 State Sheet Number 21, Additional Gazette State Number 2894) as amended by Government Regulation No. 24 of 1972 (State Sheet) 1972 Number 32, Auxiliary Leaf Country Number 2987);
. .5. Government Regulation No. 7 of 1971 on Diversion Of State Corporation Form (PN) Cement Padang Became A Company Of Perseroan (PERSERO) (State Sheet Of 1971 Number 7);
., 6. Government Regulation Number 55 of 1990 on the Company Perseroan (PERSERO) which sold its shares to the public through the Capital Market (1990 State Gazette Number 79 Additional Sheet State Number 3428).
DECIDED:
.,, Setting: GOVERNMENT REGULATION ON THE ADDITION OF THE INCLUSION OF CAPITAL OF THE REPUBLIC OF INDONESIA INTO THE CAPITAL STOCK OF THE COMPANY PERSEROAN (PERSERO) PT OF PADANG CEMENT.
BAB I
THE ADDITION OF CAPITAL INCLUSION
Section 1
The State of the Republic of Indonesia did the addition of capital inclusion into the shares of the Perseroan Company (PERSERO) The PT. Semen Padang which was established under Government Regulation No. 7 of 1971.
Section 2
., (1) The addition of the inclusion of the capital of the Republic of Indonesia as referred to in Article 1, comes from a portion of the subject of an ex-credit loan Bapindo used to finance the III-B Indarung Project and the credit interest that is not yet paid in 1994.
.,, (2) The value of adding the inclusion of the State of the Republic of Indonesia into the stock capital of the Company Perseroan (PERSERO) The PT. The cement of Padang as referred to in verse (1) amounted to Rp34.045,995,625,-(thirty-four billion forty-five million nine hundred and ninety-five thousand six hundred and twenty-five rupiah).
BAB II
Execution
THE ADDITION OF CAPITAL INCLUSION
Section 3
The implementation of the addition of the inclusion of capital of the Republic of Indonesia into the stock capital of the Company Perseroan (PERSERO) The PT. The cement of Padang as referred to in Article 1 is done according to the provisions of the Code of Trade Law (Staatsblad of 1847 Number 23) as has been several times amended, last with Law No. 4 of 1971 with regard to The provisions set forth in the Government Regulation No. 12 of 1969 as amended by Government Regulation No. 24 of 1972 and applicable laws.
BAB III
CLOSING PROVISIONS
Section 4
The further provisions necessary for the implementation of this Government Regulation are governed by the Minister of Finance and the Minister of Industry both jointly and individually in accordance with the fields of their respective duties.
Section 5
This Government Regulation shall come into 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 August 23, 1995
PRESIDENT REPUBCLICK INDONESIA
SUHARTO
Promulgated in Jakarta
on August 23, 1995
MINISTER OF STATE SECRETARY OF STATE
REPUBLIC OF INDONESIA
MOERDIONO
