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PT Timah Karya Persada Properti (TKPP) is a direct subsidiary owned by the Company aimed at developing non-operational assets in the form of investment property obtained as payment for notes receivable from Bahana for Business Development in Indonesia. PT Timah Karya Persada Properti (TKPP) was established based on the Notarial Deed of Andy Alhadis Agus, S.H. No. 1 dated September 3, 2015. Currently, TKPP has management rights to land and buildings in several locations, namely:
• Land rights covering an area of 176.3 ha in Kota Legenda Mustikasari, Bekasi.
• 2,050 m2 of land in Cirendeu, South Tangerang.
• 1,200 m2 of land in Kelapa Dua, Depok.
• 0.7 ha of land in Cirendeu, South Jakarta.
TIMAH's Share Ownership is as follows:
| Shareholders | Number of Shares (/Share) | Ownership Percentage (%) |
| PT TIMAH Tbk | 280.625 | 99,75 |
| PT Rumah Sakit Bakti Timah | 700 | 0,25 |
The composition of the Board of Commissioners and Directors of PT Timah Karya Persada Properti (TKPP) is as follows:
| Name | Occupation |
| Mochammad Arief Asj'ari | President Director |
| Dwi Hanggono Riadi | Director |
Websiet: www.timahproperti.com
