Notes tothe financial statements For the financial year ended 31 December 2023 20. Investment in associate companies (cont’d) AAM and AIM AAM is 24.98%, 50.00% and 25.02% owned by Lonsum, PT ICBP and PT ISM, respectively. AAM in turn owns 100% equity interest in AIM, a company that engages in the property business and operates an office building. Daitocacao Daitocacao is 49% and 51% owned by PT SIMP and Daitocacao Co. Ltd. respectively. In the prior year ended 31 December 2022, PT SIMP injected additional capital of Rp58.8 billion (equivalent to US$4.41 million) in Daitocacao, based on the proportion of its equity ownership. PT PSM PT PSM is 40% and 60% owned by PT SIMP and PT Wahana Inti Selarast, respectively. In 2022, PT SIMP injected additional capital of Rp4.0 billion in PT PSM, based on the proportion of its equity ownership. 125 GROUP OVERVIEW OPERATION AND FINANCIAL REVIEW SUSTAINABILITY & GOVERNANCE FINANCIALS OTHER INFORMATION Annual Report 2023
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