The signing of Facility Agreement between PT Inti Bangun Sejahtera Tbk as the Borrower, and PT Profesional Telekomunikasi Indonesia as the Guarantor with PT Bank Permata Tbk.
Tower · Monday, 14 October 2024 12:00
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-00015/BEI/01-2021, 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 |
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PT Sarana Menara Nusantara, Tbk. |
Line of Business |
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- Management Consultancy Activities - Holding Company Activities - Construction of Central Communication |
Phone |
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0291-431691 / 021-23585500 |
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: |
1. |
Date of Occurrence |
October 10, 2024 |
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 Inti Bangun Sejahtera, Tbk. (“IBST”), a company whose 99,98% shares are directly owned by the PT Iforte Solusi Infotek (a subsidiary controlled by Protelindo); dan/and 3. PT Bank Permata, Tbk. (“Permata”) as a banking institution. |
3. |
Type of Material Information or Facts |
On October 10, 2024, Permata as the lender and IBST as the borrower have signed the Facility Agreement (“Facility Agreement”). |
4. |
Description of Material Information or Facts |
1. The following are several important information in connection with the Facility Agreement:
- Commitment: IDR600,000,000,000.- - Purpose of loan: To finance the capital expenditure, general corporate purposes and to refinancing the existing loan of the borrower. - Final Maturity Date: October 10, 2025. - Governing Laws: Law of Indonesia. 2. Under the Facility Agreement, Protelindo agrees to provide a corporate guarantee to guarantee the fulfilment of the borrower obligations under the Facility Agreement (“Corporate Guarantee” and together with the Facility Agreement shall be referred as “Transaction). |
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 disclosed information or material facts do not have a negative material impact to the operational, legal, financial condition or continuity of the Company's business. |
6. |
Other information |
1. The Transaction is an affiliated transaction as referred to: (i) Clause 6 section (1) letter b point (2) of OJK Regulation No. 42 of 2022 (“OJK Rule 42”), i.e. a transaction between the subsidiaries whose at least 99% of their shares are owned by the Public Company; (ii) Clause 6 section (1) letter (d) of OJK Rule 42, i.e., a loan agreement from bank; and (iii) Clause 6 section (1) letter (e) OJK Rule 42, i.e. a guarantee provided to bank in relation to the loan agreement granted to the Issuer or subsidiaries. 2. The Transaction is not a conflict of interest transaction of the Company as referred to OJK Rule 42 and 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.
PT Sarana Menara Nusantara Tbk