JAKARTA. PT Dian Swastatika Sentosa Tbk (DSSA), a coal mining company owned by the Sinarmas Group, has distributed capital injections for its subsidiary, Shining Energy Pte. Ltd.

The capital injection given was US$260 thousand or around IDR 3.88 billion. The capital injection was provided through DSSA's subsidiary, namely PT Sinarmas Sukses Sejahtera (SSS).

For the record, SSS is the sole owner of Shining Energy. With this additional capital, Shining Energy's issued and paid-up capital increased to US$347 thousand.

According to idnfinancials.com data, Shining Energy had total assets before elimination of US$274,400 as of December 31, 2022. Shining Energy is an entity registered in Singapore and is engaged in investment business.

DSSA itself had cash and cash equivalents of US$1.08 billion as of December 31, 2022. Meanwhile, the company's total equity was recorded at US$2.99 ​​billion. (KR/LM)