Signing of the Second Amendment to the Credit Agreement between Protelindo, Iforte and KIN with PT Bank UOB Indonesia

Tower · Thursday, 25 January 2024 06:00

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:


Name of Issuer or Public Company


PT Sarana Menara Nusantara, Tbk.

Line of Business


-  Management Consultancy Activities

-  Holding Company Activities

-   Construction of Central Communication



0291-431691 / 021-23585500





Date of Occurrence

January 23, 2024


Parties to the Transaction

1. PT Profesional Telekomunikasi Indonesia (“Protelindo”), a company in which the Company owns 99.9997% of the shares;

2.  PT Iforte Solusi Infotek (“Iforte”), a subsidiary in which Protelindo directly owns 99.99% of the shares;

3.  PT Komet Infra Nusantara (“KIN”), a subsidiary in which Protelindo directly owns 99.99% of the shares; dan/and

4. PT Bank UOB Indonesia (“UOB”) as a banking institution.


Type of Material Information or Facts

 on January 23, 2024, UOB as the lender and Protelindo, Iforte and KIN as the borrowers have signed the Second Amendment to the  Credit Agreement as lastly amended on August 15, 2023 (“Credit Agreement” or “Transaction”).



Description of Material Information or Facts

The following are key terms and conditions under the Transaction:

(a)Extension of the credit agreement’s final maturity date (including the extension of the foreign exchange facility) to August 28, 2026;

(b) According to the Credit Agreement, Protelindo, Iforte and KIN, are jointly liable for their obligations under the Credit Agreement.


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.



Other information

1.The execution of the Transaction 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 Transaction 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.

Thank you

PT Sarana Menara Nusantara Tbk