The Extraordinary General Meeting of Shareholders ("EGMS") was held by the Company on 9 May 2018 which approved the split of the nominal value of the Company’s shares with the ratio of 1:5, initially amounts from IDR50,- (fifty Rupiah) per share to IDR10,- (ten Rupiah) per share as stated in the Deed of Meeting Resolutions No. 45 dated 9 May 2018 made before Doktor Irawan Soerodjo, S.H., MSi., Notary in Jakarta, as registered in the Legal Entity Administration System based on the decree from the Minister of Law and Human Rights of Republic of Indonesia No. AHU-AH.01.03-0212161 dated 5 June 2018.
In relation with the above, the stock split will be carried out under the following schedule and procedure:
|1.||Announcement in BEI regarding the schedule for Stock Split implementation||22 June 2018|
|2.||Last trading day with previous nominal value (IDR50) in Regular and Negotiated Market||27 June 2018|
|3.||First trading day with new nominal value (IDR10) in Regular and Negotiated Market||28 June 2018|
|4.||First trading day with new nominal value (IDR10) in Cash Market||3 July 2018|