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20231108_EDGE_Keterbukaan Informasi terkait Aksi Korporasi_31507114_lamp3.pdf
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DISCLOSURE OF INFORMATION TO SHAREHOLDERS IN RELATION
TO THE STOCK SPLIT IMPLEMENTATION
(“Disclosure of Information”)
This Disclosure of Information is carried out in order to comply with Financial Services
Authority Regulation No. 15/POJK.04/2022 regarding Stock Split and Reverse Stock Split
by Public Companies.
PT Indointernet Tbk
(the “Company”)
Business Activities:
Engaged in telecommunications, information services activity, programming and
computer consultation.
Head Office:
Jl. Rempoa Raya No.11, Ciputat
Tangerang Selatan, Banten 15412
Phone Number: (021) 73882525
E-mail: corporate.secretary@indonet.id
Website: www.indonet.co.id
THIS DISCLOSURE OF INFORMATION IS ISSUED IN RELATION TO THE IMPLEMENTATION OF A STOCK SPLIT ("STOCK
SPLIT") THAT HAS BEEN APPROVED BY THE COMPANY'S SHAREHOLDERS IN AN EXTRAORDINARY GENERAL
MEETING OF THE SHAREHOLDERS ("MEETING") HELD ON 25 OCTOBER 2023. BASED ON THE RESULTS OF THE
MEETING, THE COMPANY WILL CARRY OUT A STOCK SPLIT FROM Rp50 (FIFTY RUPIAH) PER SHARE TO Rp10 (TEN
RUPIAH) PER SHARE, OR AT A SPLIT RATIO OF 1 (ONE) OLD SHARE TO 5 (FIVE) NEW SHARES.
This Disclosure of Information is issued on 9 November 2023
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THE EXTRAORDINARY OF GENERAL MEETING OF SHAREHOLDERS
On 25 October 2023, the Company held a Meeting where the Company's shareholders approved the
following:
1. Approve the splitting of the nominal value of the Company’s shares which initially has a nominal value
amounting to Rp50 (fifty Rupiah) per share to be Rp10 (ten Rupiah) per share;
2. In relation to such splitting of the nominal value of the Company’s shares, approve to amend the
provision of Article 4 paragraph 1 and paragraph 2 of the Articles of Association of the Company as
well as the composition of the Company’s shareholders to be as follows:
Capital
Article 4
1. The Authorized Capital of the Company amounts to Rp60,000,000,000 (sixty billion Rupiah)
which is divided into 6,000,000,000 (six billion) shares, each share has a nominal value of Rp10
(ten Rupiah).
2. From such Authorized Capital, 33.67% (thirty-three point sixty-seven percent) or 2,020,250,000
(two billion twenty million two hundred and fifty thousand) shares or with its full nominal value
amounting to Rp20,202,500,000 (twenty billion two hundred and two million five hundred
thousand Rupiah) has been fully issued and paid-up to the Company by each shareholder with
details and shares nominal value as mentioned in the section before the end of the deed.
At the end of the deed, the composition of the Shareholders of the Company becomes as follows:
- Public amounting to 2,020,250,000 (two billion twenty million two hundred and fifty thousand)
shares with full nominal value of Rp20,202,500,000 (twenty billion two hundred and two million
five hundred thousand Rupiah), which is detailed further in the Company’s Shareholder
Register as issued by the Securities Administration Bureau.
3. Next, in relation to points 1 and 2 above, to delegate and grant power as well as authority with
substitution right, whether partially or fully, to the Company’s Board of Directors, to take any action
and/or decision that is necessary to conduct such splitting of the nominal value of the Company’s
shares, including but not limited to:
a. amend the provision of Article 4 paragraph 1 and paragraph 2 of the Articles of Association of the
Company in relation to such split of the nominal value of the Company’s shares as well as taking
any action deemed necessary to implement the decision of this Meeting Agenda, and reinstate
the decision of this Meeting into a Notarial deed, as well as reinstate the composition of the
Company’s shareholders in such deed (if necessary) and subsequently submit an application
and/or notification on the amendment of the Articles of Association to the Ministry of Law and
Human Rights of the Republic of Indonesia, as well as making any amendment that may be
requested or considered by the authorized party to obtain such approval;
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b. organize, determine as well as announce the procedure and schedule for the conduct of the split
of the nominal value of the Company’s shares in accordance with the provisions under the
applicable laws and regulations; and
c. take any action that is necessary and/or required in relation to the splitting of the nominal value
of the Company’s shares, while still observing the provisions under the applicable laws and
regulations,
in which for the purposes above has the right to appear before the Notary, authorized instance or any
other party deemed necessary, provide and/or request necessary statements, make or request to be
made as well as sign/execute, deeds, letters as well as documents that are necessary, or simply put,
take any action deemed necessary and useful for such purposes above, without any exception.
The change to the Company’s Articles of Association is stipulated in the Deed of Resolution of the
Amendment of Articles of Association No. 118, dated 25 October 2023, made before Jose Dima Satria,
S.H., M.Kn., Notary in South Jakarta Administrative City, which amendment has been received by the
Minister of Law and Human Rights of the Republic of Indonesia, as stipulated in the Receipt of the
Amendment to the Articles of Association No. AHU-AH.01.03.0133426, dated 26 October 2023 and has
been registered in the Company Register under No. AHU-0213972.AH.01.11.Tahun 2023, dated 26
October 2023.
STOCK SPLIT RATIO AND TOTAL OF COMPANY SHARES
The Company will carry out a Stock Split with a ratio of 1 (one) old share to 5 (five) new shares (ratio 1:5),
where the nominal value of the shares will change from Rp50 (fifty Rupiah) per share to Rp10 (ten Rupiah)
per share. With the implementation of the Stock Split, the total number of shares issued and paid-up in
the Company will change from 404,050,000 (four hundred four million fifty thousand) shares to
2,020,250,000 (two billion twenty million two hundred fifty thousand) shares. Below is a table showing
the capital changes before and pro forma after the implementation of the Stock Split:
Before Stock Split After Stock Split
Information Number of Nominal Value Number of Nominal Value
Shares @Rp50 Shares @Rp10
Authorized Capital 1,200,000,000 60,000,000,000 6,000,000,000 60,000,000,000
Issued and Paid-up Capital 404,050,000 20,202,500,000 2,020,250,000 20,202,500,000
Portfolio Shares 795,950,000 39,797,500,000 3,979,750,000 39,797,500,000
APPROVAL FROM PT BURSA EFEK INDONESIA FOR THE LISTING OF SHARES
PT Bursa Efek Indonesia ("IDX") has granted approval to the Company for the application for the listing of
shares resulting from the Stock Split through IDX Letter No.: S-09672/BEI.PP2/11-2023, dated 6 November
2023.
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SCHEDULE AND PROCEDURE FOR STOCK SPLIT IMPLEMENTATION
The following is the schedule for the Company's Stock Split:
Date Information
Announcement of the schedule for the implementation of Stock Split
9 November 2023
through www.idx.co.id
End of trading with old nominal value on the Regular Market and
14 November 2023
Negotiation Market
Start of trading shares with new nominal value on the Regular Market
15 November 2023
and Negotiation Market
• The last date for the settlement of shares transactions with the old
nominal value in the Regular Market and Negotiation Market
16 November 2023 • Determination date of the Shareholders Register and securities
accounts that are entitled to the shares resulting from the Stock Split
(Recording Date)
Trading Suspension Period on the Cash Market (suspension) for 2 (two)
15-16 November 2023
Exchange Days
• The distribution of shares resulting from the Stock Split to securities
account holders, and the date when Shareholders whose shares are
17 November 2023
not held in collective custody begin processing the Stock Split
• Start of trading shares with new nominal value on the Cash Market
Procedure of Stock Split Implementation
1. For Shareholders whose shares are held in collective custody by KSEI, the implementation of the Stock
Split will be carried out based on the Company's share balance in each securities sub-account
according to the Shareholder Register, dated 16 November 2023. Subsequently, on 17 November
2023, the shares resulting from the Stock Split will be distributed through the Shareholder's securities
sub-accounts at KSEI.
2. For Shareholders whose shares are not held in collective custody by KSEI or are still in certificate form,
requests for the Stock Split can be made starting from 15 November 2023, at the Company's Securities
Administration Bureau Office, which is:
PT Adimitra Jasa Korpora
Kirana Boutique Office Blok F3 No. 5.
Jl. Kirana Avenue III, Kelapa Gading
Jakarta Utara 14240
Telp. 021-2974 5222
by submitting the following documents:
a. Original Collective Share Certificate ("SKS") in the name of the Shareholder
b. Photocopy of the Shareholder's identity.
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There is no charge for the implementation of the Stock Split for Shareholders. However, if the SKS has
not been registered in the Shareholder's name, the Shareholder must first complete the registration
by providing transaction evidence for the acquisition of the shares.
CORRESPONDENCE
Shareholders who require additional information may contact the Company during business days and
hours at the following address:
Corporate Secretary
PT Indointernet Tbk
Jl. Rempoa Raya No.11, Ciputat
Tangerang Selatan, Banten 15412
Phone number: (021) 73882525
E-mail: corporate.secretary@indonet.id
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