NEWS & EVENTS
Signing of Revolving Loan Facility Agreement between PT Istana Kohinoor, PT Protelindo Menara Permata and PT Bank Permata Tbk
Jakarta, August 19, 2020 | Source: Company

We refer to (i) 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 No. IX.E.1”) and its amendment, and (ii) Jakarta Stock Exchange Regulation No. I-E, Attachment to Decision of the Board of Directors of PT Bursa Efek Jakarta Number Kep-306/BEJ/07-2004 dated 19 July 2004, concerning Obligation of Information Submission (“Regulation I-E”).

 

We hereby inform that (i) PT Istana Kohinoor (“Kohinoor”), a subsidiary of the Company which 51% of its shares are indirectly owned by the Company, and (ii) PT Protelindo Menara Permata (“PMP”), a subsidiary of the Company which 51% of its shares are indirectly owned by the Company, have signed an IDR 30,000,000,000 Revolving Loan Facility Agreement dated 14 August 2020 with PT Bank Permata Tbk (“Facility Agreement”). Furthermore, to assure that all the obligations complied by Kohinoor and PMP pursuant to the Facility Agreement, PT Profesional Telekomunikasi Indonesia (“Protelindo”), a subsidiary of the Company which 99,9997% of its shares directly owned by the Company, has signed the Corporate Guarantee and Indemnity Agreement dated 14 August 2020 with PT Bank Permata Tbk. (“Corporate Guarantee”).

 

The guarantee provided by Protelindo pursuant to the Corporate Guarantee is categorized as an affiliated transaction as stipulated in Clause 2 letter a of Regulation No. IX.E.1 and this disclosure information is prepared in connection to comply with the Regulation No. IX.E.1 and Regulation I-E.

 

Following are the links of the disclosure information as reported to IDX’s website:

 

IDX Website

Disclosure of Information dated 19 August 2020

Fairness Opinion dated 14 August 2020