​The Company was founded in 1976 in the framework of Domestic Investment (DCI), later on, it became a public company in 1994 by offering 10,000,000 shares to the public in the Jakarta Stock Exchange. The Company's shares are traded on the Indonesia Stock Exchange under the ticker DVLA.

The composition of shareholders in December, 31, 2019 is as follows:


​Total Shares

​Public ​100%
  • ​Majority :
    Blue Sphere Singapore Pte. Ltd*
  • ​Minorit​y :
    Other Public
  • ​Treasury Stock*
* Blue Sphere Pte Ltd sold 6,000,000 shares through the Bourse on January, 16, 2016 therefore the number of shares owned by minority shareholders became 84,124,388​​ shares or representing 7.54% (proposed to delete). 

As a consequence of merger between PT Prafa and Darya-Varia, the Company repurchased 4,074,700 shares from public. As of December 31, 2019, treasury shares that had been released to the public was recorded at 2,830,100 shares, so the remaining treasury shares that still owned by the Company until December 31, 2019 was 1,244,600 shares.
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