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20251215_TLKM_Laporan Informasi dan Fakta Material_32013142_lamp1.pdf

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Page 1
Number     :   Tel.128/LP 000/COP-K0000000/2025

Jakarta,   December 15, 2025

To
Board of Commissioners of the Indonesian Financial Services Authority
Attn. Chief Executive of Capital Market, Derivatives, and Carbon Exchange Supervision
Gedung Sumitro Djojohadikusumo
Jl. Lapangan Banteng Timur No.2-4,
Jakarta 10710

Re         :   Plan to Buy Back Shares in Order to Comply with The Provision of Article 62 of Law No.
               40 of 2007 on Limited Liability Companies as lastly amended by Law No. 6 of 2023 on
               the Stipulation of Government Regulation in lieu of Law No. 2 of 2022 on Job Creation
               as Law ("Company Law”) in connection with Partial separation of the Wholesale Fiber
               Connectivity Business and Assets of PT Telkom Indonesia (Persero) Tbk (“the
               Company”) to PT Telkom Infrastruktur Indonesia (“TIF”)

To whom it may concern,

In compliance with Article 62 Company Law, and Article 3 junto Article 8 Indonesian Financial Service
Authority’s (Otoritas Jasa Keuangan/”OJK”) Regulation No 29 Year 2023 on Buyback of Shares Issued by
Public Companies, we hereby inform you that:
     Company Name                  :   PT Telkom Indonesia (Persero) Tbk
     Business sector               :   Telecommunication
     Phone                         :   (021) 5215109
     E-mail Address                :   investor@telkom.co.id

1. Type      of     Material     Plan to Buy Back Shares in Order to Comply with The Provision of
   Information or Facts          Article 62 of Company Law
2. Date of Event                 December 15, 2025
3. Description of Material A. Background of Shares Buyback
   Information or Facts
                                 On December 12, 2025, the Company has held its Extraordinary General
                                 Meeting of Shareholders (“EGMS”) whereas one of the agendas was
                                 Approval of the Company's plan to conduct a Partial Spin-Off of the
                                 Wholesale Fiber Connectivity Business and Assets (Phase-1), which
                                 constitutes part of the plan to Transfer the Entire Wholesale Fiber
                                 Connectivity Business and Assets to PT Telkom Infrastruktur Indonesia
                                 (TIF), a subsidiary whose shares are directly owned by the Company at
                                 99.99%, in compliance with the provisions of Article 89 paragraph (1) and
                                 Article 127 paragraph (1) of Law Number 40 of 2007 concerning Limited
                                 Liability Companies as lastly amended by Law Number 6 of 2023
                                 concerning the Stipulation of Government Regulation in Lieu of Law
                                 Number 2 of 2022 concerning Job Creation into Law in conjunction with
                                 Article 25 paragraph (6) of the Company's Articles of Association.

                                 In accordance with the provisions of Article 62 paragraph (1) of the UUPT,
                                 every shareholder has the right to request the Company to purchase their
                                 shares at a reasonable price if they do not agree with the Company's
                                 actions that are detrimental to shareholders or the Company, one of which
                                 is business separation. The repurchase of shares must be carried out in
                                 accordance with the provisions of Article 37 paragraph of the UUPT,
                                 which states that the repurchase of shares shall not cause the Company's
                                 net assets to become less than the amount of issued capital plus
                                 mandatory reserves that have been set aside, and the total nominal value
Page 2
   of all shares repurchased by the Company shall not exceed 10.00% (ten
   percent) of the amount of issued capital in the Company.

   At the EGMS on December 12, 2025, there were shareholders who
   voted against the resolution.


B. Shareholders Who Are Entitled to Apply for Sale of Their Shares to
   the Company
   The public shareholders of the Company who are entitled to request that
   their shares to be purchased by the Company are those who:
   (i)    had their name recorded on the Company’s Shareholders Register
          on November 19, 2025 which is 1 business day prior to the date of
          the invitation to the EGMS;
   (ii)   were present in the AGMS;
   (iii) voted against in the 1st Agenda of EGMS, namely regarding the
         approval of the proposed Asset Wholesale Fiber Connectivity Spin-
         Off; and
   (iv) requested their shares to be bought back and submitted the
        Statement of Sale of Shares Form in accordance with the procedures
        submitted in this Information Disclosure.
   If there is any shareholder of the Company who requests for his/her
   shares to be purchased by the Company, but does not fulfill the
   requirements as mentioned above, such shareholder is not eligible to
   request for his/her shares to be purchased by the Company.
   Shareholders who apply for shares buyback by the Company are required
   to show proof of their legal ownership of the Company's shares.
   At the time of the announcement of this Disclosure of Information, the
   Company has not been able to give a more detailed information on each
   name of shareholders who state their intention for their shares to be
   bought back by the Company.


C. Share Prices and Procedures to Determine Share Price
   The Company will purchase the shares from the Shareholders at the
   average price of the closing price of trading on the Indonesia Stock
   Exchange (PT Bursa Efek Indonesia/“BEI”) for 90 calendar days prior to
   the announcement of the Spin-Off Plan and Disclosure of Information to
   The Public regarding Asset Wholesale Fiber Connectivity Spin-Off of PT
   Telkom Indonesia (Persero) Tbk that has been published in the Harian
   Terbit Newspaper on October 21, 2025, which is Rp3,090,- per share.


D. Procedure for Buyback of Shares from Shareholders who Voted
   Against in the 1st Agenda regarding the Approval of Asset Wholesale
   Fiber Connectivity Spin-Off
1 Shareholders of the Company who intend to sell their shares are required
  to fill out a Statement of Sale of Shares Form which can be downloaded
  on the Company's website www.telkom.co.id since the date of the AGMS.
2. The shareholders of the Company who have completed the Statement of
   Sale of Shares Form must submit the Statement of Sale of Shares Form
   to the appointed Securities Administration Bureau (Biro Administrasi
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   Efek/"BAE"), namely PT Datindo Entrycom which is located at Jl. Hayam
   Wuruk No. 28, Kebon Kelapa, Gambir, Central Jakarta and via e-mail to
   datindo.tlkm@gmail.com.
3. The Statement of Sale of Shares Form must be submitted at 9.00 until
   15.00 starting from after the AGMS until no later than 16 December, 2025
   ("Intention to Sell Period"). BAE will validate the data whether the
   shareholder is a shareholder who did not approve during the voting at the
   AGMS on December 12, 2025 for The First Agenda on the Approval of
   Company's Proposed Business Spin Off, for the fulfillment of Company
   Law.
4. Shareholders of the Company who have submitted the Statement of Sale
   of Shares Form within the Intention to Sell Period must give instruction to
   the Securities Company or Custodian Bank where they keep their shares
   to input the TEND instruction through the Corporate Action/CA Election
   menu option in C-BEST by selecting the CASH option at the latest on the
   last day of Intention to Sell Period, at the time determined by the Indonesia
   Central Securities Depository (PT Kustodian Sentral Efek
   Indonesia/“KSEI”). The shares that have been specified by such
   instruction will be in the “Block for CA” status, thus the shares of the
   Company that have been blocked with a “Blocked for CA” status cannot
   be transferred until the end of Intention to Sell Period except in the event
   of a cancellation from the securities company/custodian bank made on
   behalf of the Applicant based on the terms and conditions stated in
   numbers 5 and 6 below.
5. At the end of each day during the Intention to Sell Period, KSEI will
   provide a list of applicants whose shares are blocked to the appointed
   Securities Company and BAE to verify and confirm the validity of the
   applicant's share ownership and provide such confirmation to KSEI before
   the Date of Payment.
6. Upon the verification and confirmation that the applicant is entitled to have
   his/her shares purchased, the BAE will provide confirmation to KSEI and
   submit the funds from the Company for the settlement of the purchase to
   KSEI which will be done on 1 business day prior to the Date of Payment.
7. Date of Payment
   Payment for the buyback of shares will be made at the earliest of 3
   working days after the issuance of the ratification of the Decree of the
   Ministry of Law and Human Rights (“MOLHR”) on the Deed of Asset
   Wholesale Fiber Connectivity Spin-Off.
   a.   On the Date of Payment, KSEI will transfer the approved Offered
        Shares to be purchased from the Escrow Account to the Securities
        Account registered in the name of the Company. Payment of the
        Buyback Price will be made on the Date of Payment and will be made
        by the Company through KSEI.
   b.   KSEI will distribute net funds (after deducting transaction fees)
        through C-Best to each Sub Securities Account (SRE) or CA Account
        of the securities company/custodian bank of the approved applicant.
8. The payment will be made after deducting commissions, transaction fees
   from BEI, and all applicable taxes and other fees relating to the payment,
   payable by the Applicant. Applicants who successfully participate in
   selling shares shall bear their own commission, BEI fees and all
   applicable taxes.
Page 4
                               E. Schedule of Buyback of Shares Implementation
                                   Deadline to Submit Statement of     At 17.00 on December 16, 2025.
                                   Sale of Shares Form
                                   Period of time for submitting the   December    15,    2025       until
                                   Share Purchase Request through      December 16, 2025.
                                   TEND instruction through the
                                   Corporate Action/CA Election
                                   menu option in C-BEST by
                                   selecting the CASH Option so
                                   that the Shares have the status
                                   “Block for CA”.
                                   Estimated Date of Payment by        Payment for the buyback of
                                   the Company and Delivery of         shares will be made at the
                                   Shares from Public Shareholders     earliest of 3 working days after
                                   who have expressed their            the issuance of the ratification of
                                   intention to sell their shares      the Decree of the MOLHR on the
                                                                       Deed of Asset Wholesale Fiber
                                                                       Connectivity Spin-Off
                                   Estimated effective date of Spin-   January 1, 2026
                                   Off


4. Impact of The Event            The Company believes that the implementation of the buyback of the
                                  Company's shares will not cause any material negative impacts on the
                                  Company's business activities.
5. Other Informations             None.


Thus, we submit this information and thank you for your attention.


Best Regards,




Arthur Angelo Syailendra
Director of Finance and Risk Management

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Names mentioned 10 people and organisations named in the text · linked when the evidence is strong

linked person Arthur Angelo Syailendra p.4
possible org Telkom Indonesia (Persero) Tbk · Company Name p.1 ×8
possible org Otoritas Jasa Keuangan p.1
possible org PT Bursa Efek Indonesia p.2
unresolved org Financial Services Authority p.1
unresolved org Indonesia Stock Exchange p.2
unresolved org PT Datindo Entrycom p.3
unresolved org PT Kustodian Sentral Efek Indonesia p.3
unresolved org Ministry of Law and Human Rights p.3

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