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KETERBUKAAN INFORMASI
KEPADA PEMEGANG SAHAM SEHUBUNGAN DENGAN PENAMBAHAN KEGIATAN USAHA
PT KIAN SANTANG MULIATAMA Tbk. (“PERSEROAN”)
Keterbukaan Informasi dibuat dalam rangka memenuhi ketentuan Otoritas Jasa Keuangan (“OJK”)
sebagaimana diatur di dalam Peraturan OJK No.17/POJK.4/2020 tentang Transaksi Material dan
Perubahan Kegiatan Usaha.
Jika Anda mengalami kesulitan untuk memahami informasi sebagaimana tercantum dalam Keterbukaan
Informasi ini atau ragu-ragu dalam mengambil keputusan, sebaiknya Anda berkonsultasidengan perantara
pedagang efek, manajer investasi, penasehat hukum, akuntan publik atau penasehat profesional lainnya.
Kegiatan Usaha Utama:
Jasa penunjang industri gas, meliputi penyediaan
produk (spare parts) serta Engineering,
Procurement and Construction (EPC).
Berkedudukan di Bekasi, Indonesia
Alamat Kantor
Jl. Wibawa Mukti II, Perum Telkom, Satwika Permai,
BlokA5 No. 8, Kel. Jatiluhur, Kec. Jatiasih, Kota Bekasi,
Jawa Barat, 17425 Telepon: (021) 82748249 Website:
www.kianmulia.comEmail: corsec@kianmulia.com
DIREKSI, BAIK SECARA SENDIRI-SENDIRI MAUPUN BERSAMA-SAMA, BERTANGGUNG JAWAB
SEPENUHNYA ATAS KEBENARAN DAN KELENGKAPAN INFORMASI ATAU FAKTA MATERIAL YANG
TERCANTUM DALAM KETERBUKAAN INFORMASI INI, DAN SETELAH MELAKUKAN PEMERIKSAAN
YANG WAJAR, MENEGASKAN BAHWA SEPANJANG PENGETAHUAN DAN MENURUT KEYAKINAN
TERBAIK MEREKA INFORMASI YANG DIMUAT DALAM KETERBUKAAN INFORMASI INI ADALAH
BENAR SERTA TIDAK TERDAPAT FAKTA-FAKTA DAN INFORMASI MATERIAL DAN RELEVAN YANG
JIKA TIDAK DIUNGKAPKAN ATAU DIHILANGKAN DALAM KETERBUKAAN INFORMASI INI AKAN
MENYEBABKAN INFORMASI DALAM KETERBUKAAN INFORMASI INI MENJADI TIDAK BENAR
DAN/ATAU MENYESATKAN.
Keterbukaan Informasi ini diterbitkan di Bekasi pada tanggal 13 April 2026
Edy Nurhamid Amin
Direktur Utama
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DEFINISI
Hasil Studi Kelayakan : Hasil penilaian Studi Kelayakan atas Penambahan KBLI oleh
Perseroan yang dilakukan oleh KJPP Syarif, Endang & Rekan
dengan laporan No. 00005/2.0113-03/BS-
FS/05/0340/1/IV/2026 Tanggal 6 April 2026.
OJK : Singkatan dari Otoritas Jasa Keuangan, yaitu lembaga yang
independen yang mempunyai fungsi, tugas dan wewenang
pengaturan, pengawasan, pemeriksaan dan penyidikan
kegiatan jasa keuangan di sektor pasar modal, perasuransian,
dana pensiun, lembaga pembiayaan, dan lembaga jasa
keuangan lainnya sebagaimana dimaksud dalam Undang-
Undang No. 21 tahun 2011 tanggal 22 November 2011 tentang
Otoritas Jasa Keuangan yang merupakan badan pengganti
Badan Pengawas Pasar Modal dan Lembaga Keuangan yang
mulai berlaku sejak tanggal 1 Januari 2013.
POJK No. 15/POJK.04/2020 Peraturan Otoritas Jasa Keuangan Republik Indonesia Nomor
15/POJK.04/2020 tentang Rencana dan Penyelenggaraan
Rapat Umum Pemegang Saham Perusahaan Terbuka
POJK No. 17/POJK.04/2020 : Peraturan Otoritas Jasa Keuangan Republik Indonesia Nomor
17/POJK.04/2020 tentang Transaksi Material dan Perubahan
Kegiatan Usaha.
Perseroan : Berarti badan hukum yang akan melakukan Emisi yang dalam
hal ini adalah PT Kian Santang Muliatama Tbk., berkedudukan
di Bekasi, suatu perseroan terbatas yang didirikan menurut dan
berdasarkan hukum dan undang-undang Negara Republik
Indonesia.
Penambahan KBLI : Berarti penambahan kegiatan usaha baru di dalam
Perseroan,yaitu:
- KBLI 46739 (Perdagangan Besar Bahan Konstruksi,
Perkakas, Perlengkapan Perpipaan,, dan Peralatan
Pemana Lainnya).
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I. PENDAHULUAN
Keterbukaan Informasi kepada para Pemegang Saham Perseroan ini (“Keterbukaan Informasi”)
memuat informasi mengenai Perubahan Kegiatan Usaha Perseroan sebagaimana dimaksud dalam
POJK No. 17/POJK.04/2020 yang diwajibkan untuk memperoleh persetujuan Rapat Umum Pemegang
Saham berupa penambahan bidang usaha baru sebagaimana tersebut di dalam definisi Penambahan
KBLI di pembukaan Keterbukaan Informasi ini yang rencananya akan diselenggarakan pada tanggal
20 Mei 2026 (“RUPS”).
Sehubungan dengan hal-hal sebagaimana disebutkan di atas, Direksi Perseroan mengumumkan
Keterbukaan Informasi ini melalui situs web Perseroan, situs web Bursa Efek Indonesia, dan situs web
penyedia e-RUPS dengan maksud untuk memberikan informasi maupun gambaran yang lebih
lengkap kepada para Pemegang Saham Perseroan mengenai rencana Penambahan Kegiatan Usaha.
Perseroan juga menyediakan data mengenai Penambahan Kegiatan Usaha kepada pemegang saham
sejak saat Pengumuman RUPS serta dokumen pendukung kepada OJK dengan ketentuan
sebagaimana diatur dalam POJK No. 17/POJK.04/2020.
Keterbukaan Informasi ini menjadi dasar pertimbangan bagi para pemegang saham Perseroan untuk
memberikan persetujuan atas rencana Penambahan Kegiatan Usaha dalam hal ini berupa
Penambahan KBLI yang akan diusulkan oleh Perseroan kepada RUPS.
II. URAIAN SINGKAT MENGENAI PERSEROAN
1. Riwayat Singkat Perseroan
PT Kian Santang Muliatama Tbk ("Perseroan") didirikan berdasarkan Akta Notaris No. 634, tanggal
28 November 2018 dari Artisa Khamelia Ramadayanti, S.H., M.Kn., Notaris di Bekasi. Akta Pendirian
Perusahaan tersebut telah memperoleh pengesahan dari Menteri Hukum dan Hak Asasi Manusia
Republik Indonesia melalui Surat Keputusan No. AHU-0057381.AH.01.01.Tahun 2018, tanggal 1
Desember 2018 dan telah didaftarkan dalam Daftar Perseroan pada Kementerian Hukum dan Hak
Asasi Manusia Republik Indonesia di bawah No. AHU-0162290.AH.01.11.Tahun 2018, tanggal 1
Desember 2018.
Perseroan berstatus perusahaan terbuka (public company) sejak tahun 2023. Perseroan didirikan
serta menjalankan kegiatan usahanya di Indonesia dalam bidang perdagangan besar mesin peralatan
dan perlengkapan lainnya, instalasi mekanikal, serta jasa Engineering, Procurement, and Construction
(EPC) dalam industri minyak dan gas.
Berdasarkan Pasal 3 Anggaran Dasar Perseroan, Maksud dan Tujuan serta Kegiatan Perseroan ialah
berusaha dalam bidang Pembangunan (Kontraktor), Perdagangan, Industri, Jasa dan Pengangkutan.
Seiring dengan perkembangannya, kegiatan usaha Perseroan yang benar-benar dijalankan saat ini
adalah Perdagangan Besar Mesin Peralatan dan Perlengkapan Lainnya, Instalasi Mekanikal, Instalasi
Minyak dan Gas.
Perseroan akan melakukan perubahan Pasal 3 Anggaran Dasar Perseroan yang dimintakan
persetujuannya dalam RUPS berupa penambahan kegiatan usaha baru. Penambahan kegiatan
usaha baru tersebut adalah penambahan KBLI 46739 yaitu Perdagangan Besar Bahan Konstruksi,
Perkakas, Perlengkapan Perpipaan, dan Peralatan Pemanas Lainnya yang ketentuannya telah
disesuaikan dengan Peraturan Perundang-undangan yang mengatur mengenai Klasifikasi Baku
Lapangan Usaha Indonesia (“KBLI 2020”).
2. Kegiatan Usaha Perseroan
Berdasarkan Pasal 3 Anggaran Dasar Perseroan, Maksud dan Tujuan serta Kegiatan Perseroan ialah
berusaha dalam bidang Pembangunan (Kontraktor), Perdagangan, Industri, Jasa dan Pengangkutan.
Seiring dengan perkembangannya, kegiatan usaha Perseroan yang benar-benar dijalankan saat ini
adalah Perdagangan Besar Mesin Peralatan dan Perlengkapan Lainnya, Instalasi Mekanikal, Instalasi
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Minyak dan Gas. Untuk mencapai maksud dan tujuan tersebut, Perseroan memperoleh izin dalam
melaksanakan kegiatan usaha sebagai berikut:
Kegiatan Usaha Utama :
a. Industri Pipa Plastik dan Perlengkapannya (KBLI 22230);
b. Perdagangan Besar Mesin, Peralatan dan Perlengkapan Lainnya (KBLI 46599);
c. Perdagangan Besar Barang Bekas dan Sisa-sisa Tak Terpakai (Scrap) (KBLI 46696);
d. Konstruksi Bangunan Sipil Pengolahan Air Bersih (KBLI 42202);
e. Industri Pompa Lainnya, Kompresor, Kran, dan Klep/Katup (KBLI 28130);
f. Konstruksi Bangunan Sipil Minyak dan Gas Bumi (KBLI 42915);
g. Instalasi Minyak dan Gas (KBLI 43223);
h. Jasa Kalibrasi/Metrologi (KBLI 71205);
i. Industri Alat Ukur dan Alat Uji Manual (KBLI 26511).
j. Instalasi Mekanikal (KBLI 43291);
k. Perdagangan Besar Bahan Bakar Padat, Cair dan Gas dan Produk YBDI (KBLI 46610);
l. Reparasi Alat Ukur, Alat Uji dan Peralatan Navigasi Dan Pengontrol (KBLI 33131);
m. Industri Alat Ukur dan Alat Uji Elektronik (KBLI 26513);
n. Industri Alat Ukur dan Alat Uji Elektrik (KBLI 26512);
o. Konstruksi Gedung Industri (KBLI 41013);
p. Konstruksi Bangunan Sipil Elektrikal (KBLI 42204);
q. Aktivitas Penunjang Tenaga Listrik Lainnya (KBLI 35129);
r. Instalasi Listrik (43211);
s. Perdagangan Besar Atas Dasar Balas Jasa (FEE) (KBLI 46100);
t. Instalasi Elektronika (KBLI 43213);
u. Aktivitas Penyedia Gabungan Jasa Penunjang Fasilitas (KBLI 81100).
Dari daftar di atas, kegiatan usaha yang saat ini telah benar benar dijalankan adalah Perdagangan
Besar Mesin Peralatan dan Perlengkapan Lainnya, Instalasi Mekanikal, Instalasi Minyak dan Gas.
Kegiatan usaha tersebut telah sesuai dengan kode KBLI 46599, KBLI 43291, KBLI 43223, dan KBLI
33131.
Selanjutnya Perseroan akan melakukan perubahan Pasal 3 Anggaran Dasar Perseroan yang
dimintakan persetujuannya dalam RUPS berupa penambahan kegiatan usaha baru. Penambahan
kegiatan usaha baru tersebut adalah penambahan KBLI 46739 yaitu Perdagangan Besar Bahan
Konstruksi, Perkakas, Perlengkapan Perpipaan, dan Peralatan Pemanas Lainnya yang ketentuannya
sudah disesuaikan dengan Peraturan Perundang-undangan yang mengatur mengenai Klasifikasi
Baku Lapangan Usaha Indonesia (“KBLI 2020”).
3. Struktur Permodalan
Nilai Nominal Rp40 per Saham
Pemegang Saham Jumlah Saham
Ditempatkan dan Persentase Jumlah (Rp)
Kepemilikan (%)
Disetor Penuh
1. Ir. Agus Salim 253.125.000 17,35 10.125.000.000
2. Edy Nurhamid Amin 210.937.500 14,46 8.437.500.000
3. Taufik Dwicahyono 210.937.500 14,46 8.437.500.000
4. Fadjar Tri Ananda 168.750.000 11,56 6.750.000.000
5. PT Kian Megah Investama 140.625.000 9,64 5.625.000.000
6. PT Platinum Berkah Abadi 140.625.000 9,64 5.625.000.000
7. Masyarakat 334.234.110 22,90 13.369.364.400
Total 1.459.234.110 100,00 58.369.364.400
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4. Susunan Dewan Komisaris dan Direksi Perseroan Susunan pengurus Perseroan pada tanggal 31 Desember 2025 berdasarkan Laporan Keuangan Perseroan Audited 2025 adalah sebagai berikut: Dewan Komisaris Komisaris Utama : Irvan Surya Dewantara Komisaris Independen : Richard Leonardus Adikarta Dewan Direksi Direktur Utama : Edy Nurhamid Amin Direktur : Sutarno Direktur : Fadjar Tri Ananda III. RINGKASAN LAPORAN PENILAI Ringkasan Studi Kelayakan berdasarkan Laporan No. 00005/2.0113-03/BS FS/05/0340/1/IV/2026, tanggal 6 April 2026 Perseroan telah menunjuk KJPP Syarif, Endang & Rekan, sebagai Penilai Independen untuk penyusunan studi kelayakan atas rencana penambahan kegiatan usaha berupa penambahan Klasifikasi Baku Lapangan Usaha Indonesia (KBLI) oleh Perseroan dengan tanggal pisah batas (cut off date) adalah per 31 Desember 2025. Maksud dan Tujuan Mengkaji kelayakan bisnis sehubungan dengan rencana penambahan kegiatan usaha, untuk memenuhi ketentuan-ketentuan sebagaimana diatur dalam POJK 17/2020 (untuk selanjutnya disebut “Rencana Transaksi”). Asumsi-Asumsi dan Kondisi Pembatas Dalam menyusun Laporan Studi Kelayakan atas Rencana Transaksi, kami menggunakan beberapa asumsi dan kondisi pembatas antara lain: • Laporan Studi Kelayakan ini bersifat non-disclaimer opinion; • Kami telah melakukan penelaahan atas dokumen-dokumen yang digunakan dalam studi kelayakan; • Dalam menyusun laporan studi kelayakan ini, penilai mengandalkan keakuratan dan kelengkapan informasi yang disediakan oleh pemberi tugas atau data yang diperoleh dari informasi yang tersedia untuk publik dan informasi lainnya serta penelitian yang kami anggap relevan; • Penilai menggunakan proyeksi keuangan yang disampaikan oleh manajemen dengan mencerminkan kewajaran proyeksi keuangan dan kemampuan pencapaiannya (fiduciary duty); • Penilai bertanggung jawab atas pelaksanaan penilaian studi kelayakan dan kewajaran proyeksi keuangan yang telah disesuaikan; • Laporan yang dihasilkan terbuka untuk publik kecuali terdapat informasi yang bersifat rahasia, yang dapat mempengaruhi operasional perusahaan; • Penilai bertanggung jawab atas laporan studi kelayakan dan kesimpulan yang dihasilkan; • Penilai telah memperoleh informasi atas status hukum obyek studi kelayakan dari pemberi tugas. Analisa Kelayakan Usaha Untuk penambahan kegiatan usaha atas KBLI 46739 yaitu Perdagangan Besar Bahan Konstruksi, Perkakas, Perlengkapan Perpipaan, dan Peralatan Pemanas Lainnya terdapat pembiayaan investasi dan modal kerja tambahan yang akan dimulai pada tahun 2026 sebesar Rp 1.092.484.000,-. Pembiayaan investasi tambahan untuk kegiatan. Usaha baru bersumber penuh (100,00%) dari modal sendiri kas internal Perseroan. Berdasarkan analisis kelayakan, menunjukkan bahwa penambahan kegiatan usaha oleh Perseroan memenuhi kriteria kelayakan dengan variabel-variabel sebagai berikut:
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• Net Present Value (NPV) > 0 → Layak NPV yang dihasilkan adalah sebesar Rp2.118.758.000,-.
Dengan demikian, hasil NPV yang positif atau lebih dari nol menunjukkan bahwa proyek layak
dikerjakan karena memberikan keuntungan.
• Internal Rate of Return (IRR) > Discount Rate → Layak IRR yang dihasilkan adalah sebesar
43,37%. Hasil IRR berada di atas tingkat discount rate yang sebesar 10,37%. Dengan demikian,
hasil IRR menunjukkan bahwa proyek layak dikerjakan karena keuntungan lebih besar dari biaya
modal (cost of capital) yang diasumsikan
• Profitability Index (PI) > 1 → Layak PI yang diperoleh adalah sebesar 2,92666 Dengan demikian,
hasil PI yang lebih dari 1 menunjukkan bahwa proyek layak dikerjakan karena memberikan
keuntungan dari pengeluaran investasi yang dilakukan.
• Payback Period (PP) PP yang diperoleh adalah 4 tahun dan 10 bulan. Dengan demikian,
Perseroan mampu mengembalikan seluruh investasi setelah proyek berjalan selama 4 tahun dan
10 bulan.
Dari analisis sensitivitas, kenaikan struktur biaya merupakan faktor yang paling sensitif terhadap
kelayakan usaha. Berdasarkan analisis keuangan yang telah dilakukan Penilai, maka dapat kami
simpulkan bahwa penambahan kegiatan usaha pada aspek keuangan adalah layak.
Kesimpulan
Berdasarkan hasil kajian dan analisa yang telah dilakukan terhadap seluruh aspek yang terkait dalam
rangka menentukan kelayakan usaha, kami berpendapat bahwa Rencana Transaksi berupa
penambahan KBLI yang akan dilakukan oleh Perseroan adalah layak.
IV. KETERSEDIAAN TENAGA AHLI SEHUBUNGAN DENGAN RENCANA PENAMBAHAN
KEGIATAN USAHA
Melihat pekerjaan EPC dari proyek perminyakan dan gas bumi yang telah selesai dilaksanakan
Perseroan sebelumnya, Perseroan berkapasitas dan mampu dalam membentuk serta menetapkan
tenaga ahli dan personel utama dengan kualifikasi sesuai dengan persyaratan yang diminta oleh
perusahaan pelanggan. Dalam implementasinya, Perseroan mampu membentuk Tim Manajemen
Proyek, Tim Rekayasa Proyek, Tim Pengadaan, Tim Pelaksanaan Konstruksi, dan Pengawas Proyek,
yang terorganisir agar pekerjaan terstruktur dengan hasil yang baik dan memuaskan pelanggan.
Seluruh tenaga yang terdapat dalam tim adalah tenaga ahli dan/atau teknisi yang berkompeten serta
telah berpengalaman & mempunyai reputasi yang baik di dalam melaksanakan beberapa proyek
perminyakan dan gas bumi.
V. PENJELASAN, PERTIMBANGAN DAN ALASAN DILAKUKANNYA PENAMBAHAN KEGIATAN
USAHA
Dengan penambahan bidang usaha KBLI 46739 tersebut diharapkan Perseroan akan
meningkatkan daya saing Perseroan terutama dalam pekerjaan Minyak dan Gas.
VI. RAPAT UMUM PEMEGANG SAHAM
Persetujuan atas rencana Penambahan Kegiatan Usaha, akan dimohonkan persetujuan pada Rapat
Umum Pemegang Saham (“RUPS”) yang akan diselenggarakan oleh Perseroan pada:
Tanggal : 20 Mei 2026
Tempat : Park Hotel Cawang Jakarta
Jl. D.I. Pandjaitan Kav. 5
Jakarta Timur, DKI Jakarta, 13340, Indonesia
Sesuai dengan ketentuan POJK 17/2020, Perubahan Kegiatan Usaha sebagaimana dijelaskan dalam
Keterbukaan Informasi ini akan dimintakan persetujuannya kepada pemegang saham Perseroan
dalam RUPS Perseroan yang rencananya akan diselenggarakan pada hari Rabu, tanggal 20 Mei
2026. Lebih lanjut, di dalam Mata Acara RUPS terkait Perubahan Kegiatan Usaha akan terdapat
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pembahasan mengenai studi kelayakan tentang Perubahan Kegiatan Usaha Perseroan.
Sehubungan dengan penyelenggaraan Rapat tersebut, Perseroan akan melakukan Pengumuman
pada tanggal 13 April 2026, Recording Date pada tanggal 27 April 2026 dan Pemanggilan Rapat pada
tanggal 28 April 2026 melalui situs web Bursa Efek Indonesia, situs web penyedia e-RUPS dan situs
web Perseroan.
VII. PENJELASAN TENTANG PENGARUH PENAMBAHAN KEGIATAN USAHA PADA KONDISI
KEUANGAN PERSEROAN
• KBLI 46739 (Perdagangan Besar Bahan Konstruksi, Perkakas, Perlengkapan Perpipaan, dan
Peralatan Pemanas Lainnya)
Pada tahun 2026, Perseroan berencana menambah kegiatan usaha atas 46739 yaitu Perdagangan
Besar Bahan Konstruksi, Perkakas, Perlengkapan Perpipaan, dan Peralatan Pemanas Lainnya
investasi dan modal kerja tambahan untuk kegiatan usaha baru yang akan dimulai pada tahun 2026
adalah sebesar Rp 1.092.484.000.
Asumsi modal kerja yang diperlukan adalah sebagai berikut:
Perputaran persediaan : 30 hari
Perputaran piutang usaha : 60 hari
Perputaran utang usaha : 30 hari
Proyeksi Modal Kerja tahun 2025-2031 adalah sebagai berikut
Keterangan 2026 2027 2028 2029
PERHITUNGAN MODAL KERJA
Aset Lancar Bersih 251.712 528.596 555.026 582.777
Hutang Lancar Bersih (50.033) (101.269) (102.342) (107.460)
Modal Kerja 201.679 427.327 452.684 475.317
Perubahan Modal Kerja 201.679 225.648 25.357 22.633
Keterangan 2030 2031 2032
PERHITUNGAN MODAL KERJA
Aset Lancar Bersih 611.916 642.512 674.637
Hutang Lancar Bersih (112.833) (118.474) ((124.398)
Modal Kerja 499.083 524.038 550.239
Perubahan Modal Kerja 23.766 24.955 26.201
Berdasarkan proyeksi keuangan atas adanya penambahan KBLI baru, modal kerja yang dibutuhkan
pada tahun 2026 sampai dengan tahun 2032 berturut-turut adalah sebesar Rp201,68 juta, Rp427,33
juta, Rp452,68 juta, Rp475,32 juta, Rp499,08 juta, Rp524,04 juta, dan Rp550,24 juta. Sumber
pembiayaan terkait rencana penambahan kegiatan usaha ini seluruhnya berasal dari kas Perseroan
yang tersedia.
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VIII. INFORMASI TAMBAHAN
Apabila Para Pemegang Saham memerlukan informasi lebih lanjut dapat menghubungi Perseroan
pada hari dan jam kerja (Senin-Jumat pukul 08.00-17.00), dengan alamat:
PT KIAN SANTANG MULIATAMA TBK.
Alamat Kantor
Jl. Wibawa Mukti II, Perum Telkom, Satwika Permai,
Blok A5 No. 8, Kel. Jatiluhur, Kec. Jatiasih, Kota Bekasi,
Jawa Barat, 17425 Telepon: (021) 82748249 Website:
www.kianmulia.comEmail: corsec@kianmulia.com
Bekasi, 13 April 2026
Hormat kami,
Direksi Perseroan
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INFORMATION DISCLOSURE
TO SHAREHOLDERS IN CONNECTION WITH THE ADDITION OF BUSINESS ACTIVITIES
PT KIAN SANTANG MULIATAMA Tbk. ("COMPANY")
Information Disclosure is made in order to comply with the provisions of the Financial Services Authority
("OJK") as stipulated in OJK Regulation No.17/POJK.4/2020 concerning Material Transactions and Changes in
Business Activities.
If you have difficulty understanding the information as set forth in this Information Disclosure or are undecided
in making a decision, you should consult a securities broker, investment manager, legal advisor, public
accountant or other professional advisor.
Main Business Activities:
Gas industry support services, including the
provision of products (spare parts) and
Engineering, Procurement and Construction (EPC).
Based in Bekasi, Indonesia
Office Address
Jl. Wibawa Mukti II, Perum Telkom, Satwika Permai, Blok
A5 No. 8, Kel. Jatiluhur, Kec. Jatiasih, Bekasi City, West
Java, 17425 Phone: (021) 82748249 Website:
www.kianmulia.comEmail:corsec@kianmulia.com
THE BOARD OF DIRECTORS, EITHER INDIVIDUALLY OR JOINTLY, IS SOLELY RESPONSIBLE FOR THE
CORRECTNESS AND COMPLETENESS OF THE INFORMATION OR MATERIAL FACTS CONTAINED IN
THIS INFORMATION DISCLOSURE, AND AFTER CONDUCTING A REASONABLE EXAMINATION,
CONFIRMS THAT TO THE BEST OF THEIR KNOWLEDGE AND IN THEIR BEST BELIEF THE INFORMATION
CONTAINED IN THIS INFORMATION DISCLOSURE IS TRUE AND THAT THERE ARE NO MATERIAL AND
RELEVANT FACTS AND INFORMATION THAT WOULD OTHERWISE BE DISCLOSURE OR OMISSION IN
THIS INFORMATION DISCLOSURE WILL CAUSE THE INFORMATION IN THIS INFORMATION
DISCLOSURE TO BE INCORRECT AND/OR MISLEADING.
This Information Disclosure was published in Bekasi on May 08, 2025
Edy Nurhamid Amin
President Director
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DEFINITI
ON
Feasibility Study Results : The results of the Feasibility Study assessment of the Addition
of KBLI by the Company conducted by KJPP Syarif, Endang &
Rekan with report No. 00005/2.0113-03/BS-
FS/05/0340/1/IV/2026 dated April 6, 2026.
OJK : Abbreviation for Financial Services Authority, which is an
independent institution that has the functions, duties and
authority to regulate, supervise, audit and investigate financial
services activities in the capital market, insurance, pension
funds, financing institutions, and other financial services
institutions as referred to in Law No. 21 of 2011 dated
November 22, 2011 concerning the Financial Services Authority
which is a successor body to the Capital Market Supervisory
Agency and Financial Institutions which began to effective
January 1, 2013.
POJK No. 15/POJK.04/2020 Regulation of the Financial Services Authority of the Republic
of Indonesia Number 15/POJK.04/2020 concerning the Plan
and Implementation of the General Meeting of Shareholders of
Public Companies
POJK No. 17/POJK.04/2020 : Regulation of the Financial Services Authority of the Republic
of Indonesia Number 17/POJK.04/2020 concerning Material
Transactions and Changes in Business Activities.
Company : It means that the legal entity that will carry out the Issuance, in
this case is PT Kian Santang Muliatama Tbk., domiciled in
Bekasi, a limited liability company established in accordance
with and based on the laws and regulations of the Republic of
Indonesia.
Addition of KBLI : This means the addition of new business activities within the
Company, namely:
- KBLI 46739 (Wholesale of Construction Materials, Tools,
Piping Equipment, and Other Heating Equipment).
Page 11
I. INTRODUCTION
This Information Disclosure to the Company's Shareholders ("Information Disclosure") contains
information regarding the Company's Changes in Business Activities as referred to in POJK No.
17/POJK.04/2020 which is required to obtain the approval of the General Meeting of Shareholders in the
form of the addition of new business areas as mentioned in the definition of the Addition of KBLI at the
opening of this Information Disclosure which is planned to be held on May 20, 2026 ("GMS").
In connection with the matters mentioned above, the Company's Board of Directors announces this
Information Disclosure through the Company's website, the website of the Indonesia Stock Exchange,
and the website of the e-GMS provider with the intention of providing more complete information and
an overview to the Company's Shareholders regarding the plan to Increase Business Activities. The
Company also provides data on the Addition of Business Activities to shareholders from the time of
the Announcement of the GMS and supporting documents to the OJK with the provisions as stipulated
in POJK No. 17/POJK.04/2020.
This Information Disclosure is the basis for consideration for the Company's shareholders to give
approval to the plan to Add Business Activities in this case in the form of an Addition to KBLI which will
be proposed by the Company to the GMS.
II. BRIEF DESCRIPTION OF THE COMPANY
1. Brief History of the Company
PT Kian Santang Muliatama Tbk (the "Company") was established based on Notary Deed No. 634,
dated November 28, 2018 from Artisa Khamelia Ramadayanti, S.H., M.Kn., Notary in Bekasi. The
Deed of Incorporation of the Company has been approved by the Minister of Law and Human Rights
of the Republic of Indonesia through Decree No. AHU-0057381. AH.01.01.Year 2018, dated
December 1, 2018 and has been registered in the Company Register at the Ministry of Law and Human
Rights of the Republic of Indonesia under No. AHU-0162290. AH.01.11.Year 2018, December 1, 2018.
The company has been a public company since 2023. The Company was established and carries out
its business activities in Indonesia in the field of large trading in machinery, equipment and other
equipment, mechanical installations, and Engineering, Procurement, and Construction (EPC) services
in the oil and gas industry.
Based on Article 3 of the Company's Articles of Association, the Company's Purpose and Objectives
and Activities are to do business in the fields of Development (Contractor), Trade, Industry, Services
and Transportation. Along with its development, the Company's business activities that are currently
carried out are Large Trade in Machinery, Equipment and Other Equipment, Mechanical Installations,
Oil and Gas Installations.
The Company will amend Article 3 of the Company's Articles of Association, for which approval is
requested at the GMS, in the form of the addition of a new business activity. The addition of this new
business activity is the addition of KBLI 46739, namely Wholesale Trading of Construction Materials,
Tools, Piping Equipment, and Other Heating Equipment, the provisions of which have been adjusted
to the Laws and Regulations governing the Indonesian Standard Classification of Business Fields
("KBLI 2020").
2. Company's Business Activities
Based on Article 3 of the Company's Articles of Association, the Company's Purpose and Objectives
and Activities are to do business in the fields of Development (Contractor), Trade, Industry, Services
and Transportation.
Along with its development, the Company's business activities that are currently carried out are Large
Trade in Machinery, Equipment and Other Equipment, Mechanical Installation, Installation
Page 12
Oil and Gas. To achieve these goals and objectives, the Company obtains permits to carry out the
following business activities:
Main Business Activities :
a. Plastic Pipe Industry and Its Equipment (KBLI 22230);
b. Wholesale Trade in Machinery, Equipment and Other Equipment (KBLI 46599);
c. Wholesale Trade in Used Goods and Unused Scrap (KBLI 46696);
d. Construction of Civil Buildings for Clean Water Treatment (KBLI 42202);
e. Other Pump Industry, Compressors, Faucets, and Valves/Valves (KBLI 28130);
f. Construction of Oil and Gas Civil Buildings (KBLI 42915);
g. Oil and Gas Installations (KBLI 43223);
h. Calibration/Metrology Services (KBLI 71205);
i. Measuring Instruments and Manual Test Instruments Industry (KBLI 26511).
j. Mechanical Installation (KBLI 43291);
k. Bulk Trade in Solid, Liquid and Gas Fuels and YBDI Products (KBLI 46610);
l. Repair of Measuring Instruments, Test Equipment and Navigation and Controller Equipment (KBLI 33131);
m. Measuring Instruments and Electronic Test Equipment Industry (KBLI 26513);
n. Measuring Instrument and Electrical Test Equipment Industry (KBLI 26512);
o. Industrial Building Construction (KBLI 41013);
p. Construction of Electrical Civil Buildings (KBLI 42204);
q. Other Electrical Power Supporting Activities (KBLI 35129);
r. Electrical Installation (43211);
s. Wholesale Trade on the Basis of Reciprocity (FEE) (KBLI 46100);
t. Electronic Installation (43213);
u. Activities of Joint Facility Support Service Providers (KBLI 81100).
From the list above, the business activities that are currently being carried out are Large Trade in
Machinery, Equipment and Other Equipment, Mechanical Installations, Oil and Gas Installations.
These business activities are in accordance with the codes KBLI 46599, KBLI 43291, KBLI 43223,
and KBLI 33131.
Furthermore, the Company will amend Article 3 of the Company's Articles of Association, which will
require approval at the GMS, in the form of adding new business activities. The addition of these new
business activities is the addition of KBLI 46739, namely Wholesale Trading of Construction Materials,
Tools, Piping Equipment, and Other Heating Equipment, the provisions of which have been adjusted
to the Laws and Regulations governing the Indonesian Standard Classification of Business Fields
("KBLI 2020").
3. Capital Structure
Nominal Value of IDR 40 per Share
Shareholder Number of
Issued Shares and Ownership Amount (Rp)
Percentage (%)
Full Paid
1. Ir. Agus Salim 253.125.000 17,35 10.125.000.000
2. Edy Nurhamid Amin 210.937.500 14,46 8.437.500.000
3. Taufik Dwicahyono 210.937.500 14,46 8.437.500.000
4. Fadjar Tri Ananda 168.750.000 11,56 6.750.000.000
5. PT Kian Megah Investama 140.625.000 9,64 5.625.000.000
6. PT Platinum Berkah Abadi 140.625.000 9,64 5.625.000.000
7. Community 334.234.110 22,90 13.369.364.400
Total 1.459.234.110 100,00 58.369.364.400
Page 13
4. Composition of the Board of Commissioners and Board of Directors of the Company
The composition of the Company's management as of December 31, 2024 based on the
Company's Audited Financial Statements 2024 is as follows:
Board of Commissioners
President Commissioner : Irvan Surya Dewantara
Independent Commissioner : Richard Leonardus
Adikarta
Board of Directors
President Director : Edy Nurhamid Amin
Director : Sutarno
Director : Fadjar Tri Ananda
III. SUMMARY OF THE EVALUATOR'S REPORT
Summary of Feasibility Study Summary based on Report No. 00005/2.0113-03/BS
FS/05/0340/1/IV/2026, dated April 6, 2026
The Company has appointed KJPP Syarif, Endang & Rekan, as an Independent Appraiser for the
preparation of a feasibility study on the plan to add business activities in the form of the addition of the
Standard Classification of Indonesian Business Fields (KBLI) by the Company with a cut-off date of
December 31, 2025.
Purpose and Purpose
To assess the business feasibility in connection with the plan to add business activities, to meet the
provisions as stipulated in POJK 17/2020 (hereinafter referred to as the "Transaction Plan").
Assumptions and Limiting Conditions
In compiling the Feasibility Study Report on the Transaction Plan, we use several assumptions and
limiting conditions, including:
This Feasibility Study Report is a non-disclaimer opinion;
We have conducted a review of the documents used in the feasibility study;
In compiling this feasibility study report, the assessor relies on the accuracy and completeness of the
information provided by the assignee or data obtained from publicly available information and other
information and research that we deem relevant;
The appraiser uses financial projections submitted by management by reflecting the fairness of the financial
projections and their ability to achieve it (fiduciary duty);
The assessor is responsible for the implementation of the assessment of the feasibility study and the fairness
of the adjusted financial projections;
The resulting report is open to the public unless there is confidential information, which may affect the
company's operations;
The assessor is responsible for the feasibility study report and the resulting conclusions;
The assessor has obtained information on the legal status of the feasibility study object from the assignee.
Business Feasibility Analysis
For the addition of business activities under KBLI 46739, namely Wholesale Trading of Construction
Materials, Tools, Piping Equipment, and Other Heating Equipment, there is additional investment and
working capital financing that will begin in 2026 amounting to Rp 1,092,484,000. Additional investment
financing for new business activities is fully sourced (100.00%) from the Company's own internal cash
capital.
Based on the feasibility analysis, it shows that the addition of business activities by the Company meets
the eligibility criteria with the following variables:
• Net Present Value (NPV) > 0 → Feasible: The generated NPV is Rp2,118,758,000. Thus, a positive
NPV (greater than zero) indicates that the project is feasible to execute as it provides a profit.
Page 14
• Internal Rate of Return (IRR) > Discount Rate → Feasible: The generated IRR is 43.37%. This IRR
result is above the discount rate of 10.37%. Consequently, the IRR indicates the project is feasible
to execute because the return is greater than the assumed cost of capital.
• Profitability Index (PI) > 1 → Feasible: The obtained PI is 2.92666. Therefore, a PI result greater
than 1 indicates the project is feasible to execute as it yields a profit relative to the investment
expenditure made.
• Payback Period (PP): The obtained PP is 4 years and 10 months. This means the Company is
capable of recovering the entire investment after the project has been running for 4 years and 10
months.
From the sensitivity analysis, the increase in the cost structure is the most sensitive factor for business
feasibility. Based on the financial analysis that has been carried out by the Appraiser, we can conclude
that the addition of business activities in the financial aspect is feasible.
The Company plans to increase business activities for KBLI 81100, namely Activities of Joint Providers
of Facility Support Services. Based on the information we received, the additional investment financing
and working capital for new business activities that will start in 2025 is IDR 803,500,000,-.:
Based on the feasibility analysis, it shows that the addition of business activities by the Company meets
the eligibility criteria with the following variables:
• Net Present Value (NPV) > 0 → Eligible NPV generated is IDR 4,220,265,000,-. Thus, a positive NPV
result or more than zero indicates that the project is worth working on because it provides profits.
• The Internal Rate of Return (IRR) > Discount Rate → Eligible IRR generated is 45.32%. The IRR
result was above the discount rate of 8.95%. Thus, the IRR results show that the project is feasible
because the profit is greater than the assumed cost of capital.
• The Profitability Index (PI) > 1 → Feasible PI obtained is 3.45603. Thus, a PI result of more than 1
indicates that the project is worth working on because it provides benefits from the investment
expenditure made.
• The Payback Period (PP) PP obtained is 4 years and 11 months. Thus, the Company is able to return
the entire investment after the project runs for 4 years and 11 months.
From the sensitivity analysis, the increase in the cost structure is the most sensitive factor for business
feasibility. Based on the financial analysis that has been carried out by the Appraiser, we can conclude
that the addition of business activities in the financial aspect is feasible.
Conclusion
Based on the results of the study and analysis that has been carried out on all related aspects in order
to determine the feasibility of the business, we are of the opinion that the Transaction Plan in the form
of an additional KBLI to be carried out by the Company is feasible.
IV. AVAILABILITY OF EXPERTS IN CONNECTION WITH THE ADDITION PLAN
BUSINESS
ACTIVITIES
Looking at the EPC work of the oil and natural gas projects that have been completed by the Company
previously, the Company has the capacity and ability to form and appoint key experts and personnel
with qualifications in accordance with the requirements requested by the customer company. In its
implementation, the Company is able to form a Project Management Team, Project Engineering Team,
Procurement Team, Construction Implementation Team, and Project Supervisor, which are organized
so that the work is structured with good results and customer satisfaction. All personnel in the team are
competent experts and/or technicians who are experienced and have a good reputation in carrying out
several oil and gas projects.
V. EXPLANATION, CONSIDERATIONS AND REASONS FOR ADDING BUSINESS ACTIVITIES
With the addition of the KBLI 46739 business field, the Company is expected to enhance its
competitiveness, particularly in Oil and Gas projects.
Page 15
VI. GENERAL MEETING OF SHAREHOLDERS
Approval of the plan to Increase Business Activities will be requested at the General Meeting of
Shareholders ("GMS") which will be held by the Company on:
Date : May 20, 2026
Place : Park Hotel Cawang Jakarta
Jl. D.I. Pandjaitan Kav. 5
East Jakarta, DKI Jakarta, 13340, Indonesia
In accordance with the provisions of POJK 17/2020, the Change in Business Activities as described
in this Information Disclosure will be submitted for approval to the Company's shareholders at the
Company’s General Meeting of Shareholders (GMS), which is scheduled to be held on Wednesday,
May 20, 2026. Furthermore, the GMS agenda item regarding the Change in Business Activities will
include a discussion on the feasibility study concerning the Company's Change in Business Activities.
In connection with the convening of said Meeting, the Company will issue the Announcement on April
13, 2026, the Recording Date on April 27, 2026, and the Invitation to the Meeting on April 28, 2026,
via the Indonesia Stock Exchange website, the e-GMS provider's website, and the Company’s website.
VII. EXPLANATION OF THE EFFECT OF ADDITIONAL BUSINESS ACTIVITIES ON THE
COMPANY'S FINANCIAL CONDITION
• KBLI 46739 (Wholesale of Construction Materials, Tools, Plumbing Supplies, and Other Heating
Equipment)
In 2026, the Company plans to add business activities under KBLI 46739, which is the Wholesale of
Construction Materials, Tools, Plumbing Supplies, and Other Heating Equipment. The investment and
additional working capital for these new business activities, scheduled to commence in 2026, amount
to Rp 1,092,484,000.
The required working capital assumptions are as follows:
Inventory turnover : 30 days
Turnover of receivables : 60 days
Turnover of business debt : 30 days
The projections for Working Capital in 2026-2032 are as follows
Keterangan 2026 2027 2028 2029
CALCULATION OF WORKING
CAPITAL
Net Asset Flow 251.712 528.596 555.026 582.777
Net Current Debt (50.033) (101.269) (102.342) (107.460)
Working Capital 201.679 427.327 452.684 475.317
Changes in Working Capital 201.679 225.648 25.357 22.633
Keterangan 2030 2031 2032
CALCULATION OF WORKING
CAPITAL
Net Asset Flow 611.916 642.512 674.637
Net Current Debt (112.833) (118.474) ((124.398)
Working Capital 499.083 524.038 550.239
Changes in Working Capital 23.766 24.955 26.201
Page 16
Based on the financial projections for the addition of the new KBLI, the working capital required from
2026 to 2032 is Rp201.68 million, Rp427.33 million, Rp452.68 million, Rp475.32 million, Rp499.08
million, Rp524.04 million, and Rp550.24 million, respectively. The source of funding for this plan to
add business activities originates entirely from the Company's available cash.
VIII. ADDITIONAL INFORMATION
If Shareholders need further information, they can contact the Company on working days and hours
(Monday-Friday at 08.00-17.00), with the address:
PT KIAN SANTANG MULIATAMA TBK.
Office Address
Jl. Wibawa Mukti II, Perum Telkom, Satwika Permai, Blok
A5 No. 8, Kel. Jatiluhur, Kec. Jatiasih, Bekasi City, West
Java, 17425 Phone: (021) 82748249 Website:
www.kianmulia.com Email corsec@kianmulia.com
Bekasi, May 20, 2026
Sincerely,
Board of Directors of the Company
Names mentioned 22 people and organisations named in the text · linked when the evidence is strong
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KJPP Syarif
p.2 ×4
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Endang & Rekan
p.2 ×4
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Pengawas Pasar Modal dan Lembaga Keuangan
p.2
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Otoritas Jasa Keuangan Republik Indonesia
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Artisa Khamelia Ramadayanti
p.3 ×2
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Menteri Hukum dan Hak Asasi Manusia Republik Indonesia
p.3
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Kementerian Hukum dan Hak Asasi Manusia Republik Indonesia
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· Penilai
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Financial Services Authority
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Indonesia Stock Exchange
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Minister of Law and Human Rights
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Ministry of Law and Human Rights
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12 Sep 2026 22:29
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