Subject: Listing on the Indonesia Stock Exchange
Date: Friday, October 5, 2018
Super Energy Tbk. ("Super Energy") today, October 5, 2018, officially listed its shares on the Indonesia Stock Exchange (IDX), as a result of the process of an initial public offering (IPO) some time ago, which funds the proceeds from the IPO used entirely for the company's working capital needs.
Super Energy through its two subsidiaries, namely PT Gasuma Federal Indonesia ("GFI") and PT Bahtera Abadi Gas ("BAG"), is an integrated energy company that is a pioneer in the processing of gas flares (gas flares) and gas distribution in the form of Compressed Natural Gas (CNG) to consumers in the form of industries in East Java to Central Java through its subsidiary BAG. A subsidiary of Super Energy, GFI also produces Liquefied Petroleum Gas (LPG) and Condensate. The company's main consumers, among others, are engaged in the food, beverage, textile / garment and chemical industries. At present, Super Energy through its subsidiaries, operates three (3) Gas Plants, in Tuban and Gresik, East Java. Established in 2011, Super Energy is a subsidiary of Super Capital Indonesia Group, committed to providing gas that is good for the environment and needed by the industry.
The total shares of Super Energy which are listed on the Indonesian Stock Exchange today with the "SURE" stock code are 1,497,576,771 shares. We hope that the presence of Super Energy (SURE) on the IDX will provide a broad opportunity for all communities to be able to participate in owning the Company through the stock exchange. The presence of Super Energy on the IDX is also expected to contribute to share trading on the IDX and become an attractive option for investors.
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