The listing from the merger of Jaya Pari Steel to Gunawan Dianjaya Steel on October 8, 2018
PT. Bursa Efek Indonesia has approved the application for listing from the merger of PT. Jaya Pari Steel Tbk (JPRS) to PT. Gunawan Dianjaya Steel Tbk (GDST).
The share description is as follows:
| Total shares of PT. Gunawan Dianjaya Steel Tbk after merger | 9,242,500,000 shares |
| Origin of shares | PT. Gunawan Dianjaya Steel Tbk added with the shares from the conversion of PT. Jaya Pari Steel Tbk becomes a share of PT. Gunawan Dianjaya Steel Tbk |
| Nominal value | Rp. 100 |
Number of shares after merger obtained in accordance with the merger shares conversion is as follows:
| Total Shares of PT. Gunawan Dianjaya Steel Tbk before merger | 8,200,000,000 shares |
| Total Shares of PT. Gunawan Dianjaya Steel Tbk from merger originating from the conversion of PT. Jaya | 1,042,500,000 shares |
| Total Shares of PT. Gunawan Dianjaya Steel Tbk after merger | 9,242,500,000 shares |
Listing and Securities Trading of PT. Gunawan Dianjaya Steel Tbk as a result of merger with stock trading started on October 8, 2018.
As the merger effective, PT. Jaya Pari Steel Tbk (JPRS) to PT. Gunawan Dianjaya Steel Tbk (GDST), then Indonesia Exchange remove the shares of PT. Jaya Pari Steel Tbk (JPRS) from the Stock Exchange as of October 8, 2018. And since October 8, 2018, the shares of PT. Jaya Pari Steel Tbk (JPRS) cannot be traded in Indonesia Bourse.
Related to the share trading of the Company, Indonesia Exchange asks to all interested parties to pay attention to any announcement related to the Company merger, especially related to the schedules of corporate actions. (W)
