PT Sarana Menara Nusantara, Tbk (the “Company”) hereby informs the appointment of PT Raya Saham Registra (“Raya”) as the Company’s BAE based on the Company’s Letter No. 011/CS-RAYA/SMN/II/16 dated February 17, 2016, effective as of March 1, 2016.
The appointment of Raya as the Company’s new BAE is due to termination of cooperation between the Company and PT Blue Chip Mulia (“BCM”) in connection with BCM’s plan to deactivate the activities of securities administration management services as described in BCM’s Letter No. Mgt/XII.458/2015 dated December 1, 2015 concerning Termination of Cooperation on Securities Administration Management Services.
Furthermore, the Company hereby declares that the Company and Raya do not have any affiliated relationship based on the applicable laws and regulation in capital market.