PT Darma Henwa Tbk. (Darma Henwa or Company) was
duly established since October 8, 1991.
In
July 1996, the Company changed its status from domestic investment (PMDN) to foreign investment (PMA) company as Henry
Walker Group Limited acquired the Company’s majority
of shares, and at the same time amended the entire
Articles of Association to conform with the Indonesian Company Law. In
September 2005, the Company officially changed its name from PT HWE Indonesia
to PT Darma Henwa. Such change was approved by BKPM based on BKPM Letter of
Approval No. 41/V/PMA/1996 dated May 15, 1996. The Company then obtained
Permanent Business License (IUT) based on Decision of BKPM Chairman No. 215/T/PERTAMBANGAN/2001
dated May 17, 2001. The Company then received Letter of Approval for Expansion
of Foreign Investment No. 138/II/PMA/2001.
Furthermore,
according to Deed No. 38 dated July 17, 2007, prepared and presented before
Humberg Lie, SH, SE, M.Kn, which had been registered in Company Register No.
TDP 090314516764 on the Company Registration Office of South Jakarta No.
658/RUB 0903/VIII/2007 dated August 13, 2007, the Company had amended the
latest articles of association with regard to the changes made to conduct
Initial Public Offering. Such changes had been approved by the Minister of Law
and Human Rights on July 19, 2007.
The most recent deed amendment was made on October 27, 2020, with Deed no. 64, drawn up before Humberg Lie, SH, SE, M.Kn, Notary in Jakarta.