Trimuda Nuansa Citra Tbk (TNCA) with the trade name “Garuda Express Delivery” or “GED” was established on May 4, 1995. Trimuda Nuansa Citra Tbk’s head office is located at Wisma Intra Asia, Ground Floor, Jln. Prof. Dr. Soepomo, S.H., No. 58, South Jakarta 12870 – Indonesia.

Tel: (62-21) 8370-3700 (Hunting), Fax: (62-21) 8370-0023.

Shareholders who own 5% or more of Trimuda Nuansa Citra Tbk’s shares, namely: PT Mila Travel Bureau (21.73%), PT Carita Karya Graha (18.97%) and PT Asuransi Intra Asia (11.86%).

Based on the Company’s Articles of Association, the scope of TNCA’s activities is to engage in postal and giro services, trading and transportation.

On June 8 2018, TNCA obtained an effective statement from the Financial Services Authority (OJK) to conduct an Initial Public Offering of TNCA Shares (IPO) to the public of 200,000,000 shares with a nominal value of IDR 100 per share at an offering price of IDR 150 per share . These shares were listed on the Indonesia Stock Exchange (IDX) on June 28 2018.

The planned use of the funds obtained from the IPO, after deducting costs related to the issuance of shares, will be used entirely for: 1.) approximately 71.88% or IDR 18,688,500,000 to pay the shortfall in the land purchase price; and 2.) around 28.12% will be used for working capital.

Share Listing History

Board of Commissioners and Directors