PT KP Sample Clauses

PT KP. PT KP is a limited liability company duly established under the laws of the Republic of Indonesia in 2007, and has an issued and paid-up share capital of IDR 431,535,000,000 comprising 431,535 ordinary shares. The principal business activities of PT KP relate to the operations of a coal-fired steam power plant in the Kariangau industry area, Balikpapan, East Kalimantan, Indonesia. As at the date of the Sale and Purchase Agreement, each of ERI and Dato’ Dr. Xxx Xxxx Xxxxx (“LTK”) (who is a Controlling Shareholder of the Company) holds 92.18% and 7.82% equity interest in PT KP respectively, comprising 397,785 ordinary shares with nominal value of IDR 397,785,000,000 and 33,750 ordinary shares with nominal value of IDR 33,750,000,000, respectively. Mr Xxx Xx Xxx, who is Chief Executive Officer and Managing Director and Shareholder of the Company and son of LTK, is the president director of PT KP and LTK is the president commissioner of PT KP.
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