We refer to (i) the 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) the 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") and (iii) Company Letter No.: 022/CS-OJK/SMN/III/18 dated 23 March 2018 regarding Disclosure of Information or Material Facts of the Company.
We, for and on behalf of PT Sarana Menara Nusantara Tbk., hereby, submit Report on Information or Material Fact, as described below:
|Name of Issuer or Public Company||:||PT Sarana Menara Nusantara Tbk. (the “Company”)|
|Scope of Business||:||Providing services (except services in the field of law and tax) and investment in other companies.|
|1.||Date of Occurrence||30 May 2018.|
|2.||Type of Information or Material Facts||Acquisition of shares in PT Komet Infra Nusantara ("KIN") in the amount of 1,473,326,664 or equal to 100% issued and paid up capital of KIN ("Acquisition").|
|3.||Description of Material Information or Fact||
In relation to the Acquisition which has been announced previously by the Company on a disclosure of information through Letter No: 022/CS-OJK/SMN/III/18 dated 23 March 2018, we hereby convey that, on 30 May 2018, PT Profesional Telekomunikasi Indonesia ("Protelindo"), a subsidiary which is 99.9994% owned by the Company, has entered into and executed the following documents:
all made and signed before Emmyra Fuzia Kariana, S.H. M.Kn., Notary in Jakarta Selatan.
Each of the Company and Protelindo is not an affiliate of each of the other parties under the above-mentioned documents.
|4.||The impact of such event, information or material facts towards operational activities, legal, financial condition, or business continuity of the Company||The Acquisition is not expected to have any material impact to the operational activities, legal or financial conditions or the business continuity of the Company and Protelindo.|
|5.||Other information||PT Komet Infra Nusantara (KIN) is an established telecommunications infrastructure provider in Indonesia. KIN currently owns approximately 1,400 towers and more than 2,000 tenancies. Protelindo views KIN’s tower telecommunications portfolio as highly complementary to its existing portfolio. Upon completion of the Acquisition, Protelindo will integrate KIN’s portfolio within its own in a swift and efficient way to minimize operational disruptions to their customers, while further enhancing Protelindo’s suite of offerings to them.|
We hereby conclude the report on information or material facts. Thank you for your attention and cooperation.
PT Sarana Menara Nusantara Tbk.