We refer to (i) Financial Services Authority Rule Number 31/POJK.04/2015 dated 16 December 2015, regarding Disclosure on Material Information or Facts by Issuer or Public Companies ("POJK 31"); (ii) Bapepam-LK Regulation No. IX.E.1 Attachment to Decision of Chairman of Bapepam-LK Number Kep-412/BL/2009, dated 25 November 2009 concerning Affiliated Transactions and Conflict of Interest on Certain Transactions ("Regulation IX.E.1"); and (iii) Stock Exchange Regulation No. I-E, Attachment of Decree of the Board of Directors of the Jakarta Stock Exchange No.: Kep-306/BEJ/07-2004 dated 19 July 2004 regarding The Obligation of Information Submission ("Rule I-E").
We, hereby, for and on behalf of PT Sarana Menara Nusantara Tbk., submit Report on Information or Material Fact, as described below:
|Name of Issuer or Public Company||:||PT Sarana Menara Nusantara, Tbk (“Company”)|
|Scope of Business||:||Providing services except services in the field of law and tax and investment in other companies.|
|1.||Date of Occurrence||20 April 2018.|
|2.||Type of Information or Material Facts||Signing of a loan agreement by a subsidiary which 99.99% of its shares is owned by the Company with a third party, namely a banking financial institution.|
|3.||Description of Material Information or Fact||
On 20 April 2018, PT Profesional Telekomunikasi Indonesia ("Protelindo"), a subsidiary of the Company which 99.9994% of its shares owned by the Company, signed Offer Letter and General Terms Agreement with JP Morgan Chase Bank, N.A., Jakarta Branch, in relation with the loan facility agreement provided to Protelindo ("Loan Agreement"), namely explained hereinafter.
The following is several important information in connection with Loan Agreement, namely:
|4.||The impact of such event, information or material facts towards operational activities, legal, financial condition, or business continuity of the Company||There is no material impact to the operational activities, legal or financial conditions or the business continuity of the Company due to the signing of Loan Agreement by Protelindo.|
The Loan Agreement obtained by Protelindo is exempt as material transaction as contemplated under number 3 letter a items 3) and 4) of Bapepam and LK ("Bapepam-LK") Regulation No. IX.E.2, Attachment to Decision of Chairman of Bapepam-LK No. Kep-614/BL/2011 dated 28 November 2011, concerning Material Transactions and Change of Main Business Activities, thus the Company is only obligated to disclose information as stipulated under POJK 31.
The Loan Agreement does not contain any conflict of interests and is not an affiliated transaction as contemplated under Regulation No. IX.E.1, because Protelindo and the third party as of the lender of the loan facilities do not have any affiliated relations.
We hereby conclude the report on information or material facts. Thank you for your attention and cooperation.
PT Sarana Menara Nusantara Tbk.