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”).
Hereby we would inform that PT Profesional Telekomunikasi Indonesia, a subsidiary of the Company which 99.9997% of its shares are owned by the Company, has conducted a transaction with PT Asuransi Jiwa BCA, an affiliated party of the Company, with regards to the purchase of life insurance policies which will include insurance protection for the employees and relatives of the employees of (i) Protelindo; (ii) the Company; (iii) KIN (“Transaction”).
Information Disclosure regarding the Transaction are as follows: