Shareholders (as of 30 September 2010) No. of Shares Percentage
PT Semarop Agung 1,722,205,502 25.06%
PT Sinarmegah Jayasentosa 475,788,112 6.92%
Mellon Bank NA 444,211,000 6.46%
Others (holding less than 5% each) 4,230,936,226 61.56%
Total 6,873,140,840 100.00%
Summarecon was founded by the Nagaria family and their associates in 1975, to develop an area in Summarecon Kelapa Gading from an unproductive swamp into an integrated residential and commercial township. Up to now, the total development area in Summarecon Kelapa Gading has reached around 550 ha, with complete infrastructure and supporting facilities such as shopping mall, food centers, sport facilities, as well as education and healthcare facilities.
In 1993 Summarecon started another township project, that is the development of Summarecon Serpong in an area of 1,500 ha. Now Summarecon Serpong has been growing into modern residential township, equipped with a shopping mall, education facilities and busy commercial areas.
In 2010, Summarecon launched its third township project in Summarecon Bekasi with development area of around 250 ha. In the future, Summarecon Bekasi will be developed into modern residential township which resembles Summarecon first two township projects.
November 1975 : PT Summarecon Agung Tbk. (SMRA or Summarecon) was founded
September 1976 : The development of Summarecon Kelapa Gading started
May 1984 : Klub Kelapa Gading opened
March 1990 : Mal Kelapa Gading (MKG) phase 1 opened
May 1990 : Initial Public Offering (IPO)
August 1993 : The development of Summarecon Serpong started
May 1995 : Mal Kelapa Gading (MKG) phase 2 opened
November 2000 : Gading Food City opened
April 2003 : Mal Kelapa Gading (MKG) phase 3 opened
December 2004 : La Piazza opened
June 2007 : Summarecon Mal Serpong (SMS) phase 1 opened
April 2010 : The development of Summarecon Bekasi started
May 2010 : Hotel Harris opened