Signing of Facility Agreement between Protelindo, Iforte, SUPR and BIT with PT Bank HSBC Indonesia
Tower · Tuesday, 27 June 2023 06:00
On June 23, 2023, Protelindo, Iforte, SUPR and BIT as borrower and PT Bank HSBC Indonesia as lender, executed a Facility Agreement (“Transaction”).
Report on Material Information or facts in relation to the above Transaction, as required under OJK Regulation No. 31/POJK.04/2015 on Disclosure of Material Information or Facts by Issuers or Public Companies and the IDX Board of Directors Decree No. Kep-00015/BEI/01-2021, Amendment to Regulation No. I-E on Obligation to Submit Information, is as follows:
To comply with the OJK Regulation No. 31/POJK.04/2015 on Disclosure of Material Information or Facts by Issuers or Public Companies and the IDX Board of Directors Decree No. Kep-00066/BEI/09-2022, Amendment to Regulation No. I-E on Obligation to Submit Information, we, PT Sarana Menara Nusantara Tbk (the “Company”), hereby submit a Report on Material Information or Facts as follows:
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Name of Issuer or Public Company |
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PT Sarana Menara Nusantara, Tbk. |
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Line of Business |
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- Management Consultancy Activities - Holding Company Activities - Construction of Central Communication |
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Phone |
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0291-431691 / 021-23585500 |
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corpsec@ptsmn.co.id |
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1. |
Date of Occurrence |
June 23, 2023 |
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2. |
Parties to the Transaction |
1. PT Profesional Telekomunikasi Indonesia (“Protelindo”), a company whose 99.9997% shares are directly owned by the Company; 2. PT Iforte Solusi Infotek (“Iforte”), a company whose 99.99% shares are directly owned by the Protelindo; 3. PT Solusi Tunas Pratama Tbk (“SUPR”), a company whose 99,96% shares are directly owned by Protelindo; 4. PT BIT Teknologi Nusantara (“BIT”), a company whose 100% shares are indirectly owned by the Protelindo through Iforte and PT Komet Infra Nusantara; dan/and 5. PT Bank HSBC Indonesia (“HSBC”) as a banking institution. |
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3. |
Type of Material Information or Facts |
on June 23, 2023, HSBC as the lender and Protelindo, Iforte, SUPR dan BIT as borrowers have signed the amendment of Corporate Facility Agreement which was signed previously on 23 October 2018 (“Transaction”). |
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4. |
Description of Material Information or Facts |
The following are key terms and conditions of the Transaction: (a) Adding Iforte, SUPR dan BIT as borrowers under Corporate Facility Agreement (“Borrowers”). (b) increase credit facility limit available for Borrowers with the following details: - Commitment: IDR850,000,000,000 - Purpose of loan: To fund the borrower’s short-term working capital needs. - Final Maturity Date: 1 (one) year - Governing Laws: Law of Indonesia. |
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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 |
The performance of such Transaction does not have material impact to the operational, legal, financial condition or continuity of the Company's business. |
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6. |
Other information |
1. The execution of the Facility Agreement is not a conflict-of-interest transaction of the Company as referred to OJK Regulation No. 42 of 2022 regarding the Affiliated Transaction and Conflict of Interest Transaction (“OJK Rule 42”). 2. The Facility Agreement is not a material transaction as referred to the OJK Regulation No. 17/POJK.04/2020 on Material Transactions and Change of Business Activities. |
Thus we convey the above information and explanation.
Regards,
PT Sarana Menara Nusantara