JAKARTA (TheInsiderStories) - Indonesia government change the management of toll operator PT Jasa Marga Tbk (IDX: JSMR). At the Extraordinary General Meeting (EGM) on August 29, government appointed Desi Arryani to replace Adityawarman’s position as a president director of the company.
Desi previous position as a director operations I PT Waskita Karya Tbk (IDX: WSKT) for three years since 2013. She began her career in this veiled Waskita in 1987 as a Staff Budget Office Project.
Four years later, She became head of the gabion wall project Benoa and Perfection Irrigation Project Sabah Package II in Buleleng, Bali. Her career continued to climb and had served as head of marketing at the Branch Office IX Denpasar 1991-1997. In the same period, She also became Head of Projects related to various projects of water resources in the Branch IX Denpasar.
Over the next four years, Desi was promoted to Branch Manager in Mataram. In 2002-2005 as Deputy Head of Region III Surabaya, and in 2005 to 2008 served as Chief of the Division III in Jakarta.
Row during one year later Bachelor of Civil Engineering, University of Indonesia was featured as the Chief of the Civil Division in Jakarta, and in 2009 -2010 as Head of Division II in Jakarta. Six years ago, Desi trusted as Director and Head of Division II Jakarta.
Issue Bonds, Rights Issue
Jasa Marga plans to issue bonds up to Rp 10 trillion starting the first quarter of 2017 until 2018, said finance director JSMR Anggiasari. Next year, the company needs at least Rp 30 trillion of fund to develop several project across the country and will continue to increase to Rp 82 trillion and Rp 19 trillion least need for refinancing until 2019.
At the EGM, the shareholders also approved the company plans to increase paid up capital through a Limited Public Offering. In Rights Issue, Jasa Marga will issue a maximum of 491,465,665 and sixty-five new shares with a nominal value of Rp 500 a share.
The company will conduct capital increase with preemptive rights of about Rp 1.8 trillion, with details of PMN Rp 1.25 trillion and Rp 550 billion from the public. The additional capital from the exercise of the rights issue will provide additional capital and increase the capacity to develop the business and improve the ability to receive financing from financial institutions and banks.
In addition, the use of funds from the transaction the rights offering and bond issuances to be used entirely to support the roads construction of new toll roads company.
Structure and Position of the Board of Commissioners and Board of Directors of Jasa Marga as follows:
BOARD OF COMMISSIONERS
Chairman/Independent: Refly Harun
Commissioner: Agus Suharyono
Commissioner: Boediarso Teguh Widodo
Independent Commissioner: Sigit Widyawan
Commissioner: Taufik Widjoyono
Commissioner: Muhammad Sapta Murti
BOARD OF DIRECTORS
Director: Desi Arryani
Development Director: Hasanuddin
Director of Operations I: Muh Najib Fauzan
Director of Operations II: Subakti Gratitude
Director of Human Resources and General Affairs: Christantio Prihambodo
Finance Director/Independent: Anggiasari