PT Timah Agro Manunggal is a direct subsidiary owned by the Company which was established as an effort to diversify the Company’s business. PT Timah Agro Manunggal is a company engaged in the field of agribusinesses, such as agriculture, animal husbandry and reclamation services and the arrangement of agricultural land is expected to be one of the new sources of income for the Company. PT Timah Agro Manunggal was established based on Notarial Deed Andy Alhadis Agus, S.H. No. 2 dated January 23, 2014.
The authorized capital of PT Timah Agro Manunggal in the amount of Rp Rp10,500,000,000 consists of 210,000 shares with a face value of Rp50,000 per share. The composition of issued and fully paid-in capital is as follows :
| Shareholders | Equity Capital (Rp.) | Number of Shares (/lembar) | Ownership Percentage (%) |
| PT TIMAH Tbk | 10,497,500,000 | 209,950 | 99.98 |
| PT Dok dan Perkapalan Air Kantung | 2,500,000 | 50 | 0.02 |
The composition of the Board of Commissioners and Directors of PT Timah Agro Manunggal is as follows:
| Name / Nama | Occupation/ Jabatan |
|---|---|
| Fina Eliani | Commissioner/ Komisaris |
| Dicky Sinorita | Director/ Direktur |
