Jakarta – PT Serasi Mitra Mobil (SMM), a subsidiary of PT Serasi Autoraya (SERA), better known as mobil88, has obtained approval from the Ministry of Law and Human Rights for its increase in Authorized Capital, Paid-In Capital, and Issued Capital on October 29, 2021.
SMM issued 230,000 new shares worth Rp 230,000,000,000,- which were all taken by SERA. Therefore, 99.9996% of SMM’s shares (254.999 shares worth Rp99.9996%) are owned by SERA, while 0.0004 of shares (1 share worth Rp1 million) is owned by PT Balai Lelang Serasi. The fund obtained by SSM will be used to support its business activities.
For your information, SMM is a leading company selling used cars in Indonesia. It has more than 30 years of experience and it operates under Astra International. SMM offers the experience of buying quality used cars easily, safely, and comfortably.