We refer to 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") as has been announced on the website of PT Bursa Efek Indonesia ("IDX") on 11 December 2018.
We, hereby, for and on behalf of PT Profesional Telekomunikasi Indonesia, are submitting an additional Report on Information or Material Fact as described below.
|Name of Issuer or Public Company||:||PT Profesional Telekomunikasi Indonesia (the "Company")|
|Scope of Business||:||Telecommunications support services.|
|1.||Date of Occurrence||
7 December 2018
|2.||Type of Material Information or Facts||The Company’s distribution of interim cash dividend to its Shareholders for the financial year 2018 (for the period of 1 December 2018 – 31 December 2018) ("Interim Cash Dividend Distribution").|
|3.||Description of the Additional Information or Material Fact||The Company intends to distribute interim cash dividend to the Shareholders for the financial year 2018 (for the period of 1 December 2018 – 31 December 2018).
The Interim Cash Dividend Distribution is conducted with regards to Article 72 paragraph (1) and (4) of Law Number 40 Year 2007 regarding Limited Liabilities Companies (“Company Law”) and Article 18 of the Company’s articles of association, wherein (i) The Company may distribute interim dividend before the end of a financial year; and (ii) interim dividend distribution may be stated in resolutions of the Board of Directors following the approval from the Board of Commissioners and the General Meeting of Shareholders.
The conduct of Interim Cash Dividend Distribution shall not cause the Company’s total net assets less than the total subscribed and paid up capital plus the mandatory reserve fund. Therefore, the Interim Cash Dividend Distribution shall not affect or result the Company to be unable to fulfill its obligations towards its creditors or affects the Company’s business activities.
Based on the calculation that has been carried out and, by taking into account, among others, the financial conditions and future business plan of the Company, the cash interim dividend that will be distributed will be in the full amount of IDR360,000,000,000 (three hundred sixty billion Rupiah).
|4.||The impact of such event, information or material facts towards operational activities, legal, financial condition, or business continuity of the Issuer or Public Company||As disclosed in point 3 (three) above, the conduct of the Interim Cash Dividend Distribution, does not materially impact the operational activities, legal, financial condition, or business sustainability of the Company.|
We hereby conclude the report on information or material facts.
Thank you for your attention and cooperation.
PT Sarana Menara Nusantara Tbk.