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 12 May 2020.
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||
8 May 2020.
|2.||Type of Material Information or Facts||The Company’s distribution of cash dividend to its Shareholders for the financial year 2019 ("Cash Dividend Distribution").|
|3.||Description of the Additional Information or Material Fact||The Company intends to distribute cash dividend to the Shareholders for the financial year 2019.
The Cash Dividend Distribution is conducted with regards to Article 71 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 cash dividend if the Company's has positive retained earnings in a fiscal year as shown in the balance sheet and profit and loss statement, which have been ratified by the Annual General Meeting of Shareholders; and (ii) cash dividend distribution may be conducted following the approval from the Annual General Meeting of Shareholders.
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 dividend that will be distributed will be in the full amount of IDR897,000,000,000 (eight hundred ninety seven 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 Cash Dividend Distribution, does not materially impact the operational activities, legal, financial condition, or business sustainability of the Company.|