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Signing of the Facility Agreement by Protelindo with MUFG Bank Ltd., Jakarta Branch.

Tower · Tuesday, 1 March 2022 12:00

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”); and (iii) Decision of Chairman of Bapepam-LK Number Kep-00015/BEI/01-2021, dated 29 January 2021 concerning Amendment of Regulation Number I-E regarding The Obligation of Information Submission (“Regulation IX.E.1”).

 

We, for and on behalf of PT Sarana Menara Nusantara, Tbk., submit Information or Material Facts as described below:

 

Name of the Issuer

or Public Company

:

PT Sarana Menara Nusantara, Tbk. (the “Company”)

Scope of Business

:

Activities of holding companies, telecommunication central construction and other management consultation activities.

Telephone

:

021 - 2358 5500

Facsimile

:

021 - 2358 6446

Electronic mail

:

investor.relations@ptsmn.co.id

 

1.

Date of Occurrence

February 24, 2022

 

2.

Parties of the Transactions

Signing of the Revolving Loan Facility Agreement dated February 24, 2022 between:

  1. PT Profesional Telekomunikasi Indonesia (“Protelindo”) which is a subsidiary company which 99.9997% of its shares are owned by the Company; and

  2. MUFG Bank, Ltd., Jakarta Branch (“MUFG”), which is a banking institution which does not have any affiliated relations with the Company.

3.

Type of Information or Material Facts

On February 24, 2022, Protelindo signed the Revolving Loan Facility Agreement with MUFG (“Facility Agreement”).



4.

Description of the Additional Information or Material Fact

The following are several important information in connection with the Facility Agreement:


  • The total amount of facility pursuant to the Facility Agreement is ¥7,954,800,000 (seven billion nine hundred fiftyfour million eight hundred thousand Yen);


  • The purpose of the Facility Agreement is for general corporate purposes of Protelindo including but not limited for the refinancing.


  • Term: 3 (three) Years from the Signing Date or February 14, 2025, whichever earlier.


  • Prevailing laws: Indonesian law.

5.

The impact of such event, information or material facts towards operational activities, legal, financial condition, or business continuity of the Issuer or Public Company



There is no material impact to the operational activities, legal or financial conditions or the business continuity of the Company due to the signing of the Facility Agreement by Protelindo.

6.

Other information

The signing of the Facility Agreement is not categorized as a material transaction as contemplated under the Financial Services Authority Rule Number 17/POJK.04/2020 regarding Material Transaction and Change of Main Business Activities.


The Facility Agreement is not categorized as an affiliated transaction or conflict of interest transaction as contemplated under the Financial Services Authority Rule No. 42/POJK.04/2020 regarding Affiliated Transactions and Conflicts of Interest.


The Company only be required to report to OJK within 2 (two) working days after the date of Facility Agreement pursuant to the POJK 31.



This disclosure of information is also made to meet the provision under POJK 31.

 

Thank you for your attention and cooperation.

 

Best regards,

 

PT Sarana Menara Nusantara, Tbk.