PT. Bukit Batu Mulia is 51.0% and 49.0% owned by Summit Excellent Enterprises, BVI and George Santos respectively. Summit Excellent Enterprises is associated and affiliated with China’s Nanshan Group, a large-scale private joint-stock enterprise listed in the Chinese Federation of Enterprises (CFE)'s Top 500 Chinese Enterprises. The group is in the business of aluminium processing, fabric and garment manufacturing and processing, real estate, finance, as well as others.
Beng Kuang Marine has entered into a conditional land sale and purchase agreement to sell 31% of its Batam shipyard property to PT. Bukit Batu Mulia for $9.89 million.
The percentage of the company’s shipyard amounts to some 100,970 sqm.
