PT Selamat Sempurna Tbk (SMSM) was established in Indonesia based on the Notarial Deed No. 207 of Ridwan Suselo, S.H., dated January 19, 1976. The Deed of Establishment was approved by the Minister of Justice in its Decision Letter No. Y.A.5/96/5 dated March 22, 1976. The Company’s Articles of Association has been amended several times, the latest amendment of which was drawn up in Notarial Deed No. 36 of Kamelina, S.H., dated October 18, 2016, concerning the Company is split of the par value of shares from Rp100 (full amount) per share to Rp25 (full amount) per share and subsequently changed the number of outstanding shares from 1,439,668,860 shares to 5,758,675,440 shares. The amendment in the Company’s Articles of Association was received and recorded by Directorate General of Department of Administrative Law and Human Rights of the Republic of Indonesia as stated in letter No. AHU-AH.01.03-0091501 dated October 21, 2016 with State Gazette No. 45 dated June 6, 2017 Additional No. 1549/L year 2017.
The Company manufactures filters, radiators, oil coolers, condensers, brake pipe, fuel pipes, fuel tanks, exhaust systems, and press parts. Sakura filter trademark has been registered to more than 90 countries. SMSM has been listed as a public company since 1996, and now is listed in the Indonesia Stock Exchange.
The Company is located in Jakarta and its head office is located at Wisma ADR, Jalan Pluit Raya I No. 1, North Jakarta, while the production plant is located in Jakarta and Tangerang. The Company started its commercial operations in 1980.
PT Adrindo Intiperkasa is the parent entity and ultimate parent entity of the Company.