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Asset transaction Needs review BRMS

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      DISCLOSURE OF INFORMATION TO SHAREHOLDERS IN CONNECTION WITH MATERIAL
   TRANSACTIONS AND AFFILIATED TRANSACTIONS OF PT BUMI RESOURCES MINERALS TBK (THE
                                    “COMPANY”)

THE INFORMATION CONTAINED IN THIS DISCLOSURE OF INFORMATION IS IMPORTANT AND SHOULD
BE NOTED BY SHAREHOLDERS OF THE COMPANY IN CONNECTION WITH MATERIAL TRANSACTIONS
AND AFFILIATED TRANSACTIONS THAT HAVE BEEN CONDUCTED BY THE COMPANY AND ITS
SUBSIDIARY.

THIS DISCLOSURE OF INFORMATION TO SHAREHOLDERS IS PROVIDED BY THE COMPANY IN ORDER TO
COMPLY WITH THE PROVISIONS OF FINANCIAL SERVICES AUTHORITY (“OJK”) REGULATION NO.
17/POJK.04/2020 ON THE MATERIAL TRANSACTIONS AND CHANGES IN BUSINESS ACTIVITIES AND OJK
REGULATION NO. 42/POJK.04/2020 ON THE AFFILIATED TRANSACTIONS AND CONFLICT OF INTEREST
TRANSACTIONS.

IF YOU FIND DIFFICULTIES IN UNDERSTANDING THE INFORMATION CONTAINED HEREIN, YOU SHOULD
CONSULT WITH LEGAL COUNSEL, PUBLIC ACCOUNTANT, OR OTHER PROFESSIONAL ADVISORS.




                               PT BUMI RESOURCES MINERALS TBK

                                        Business Activities
  Head Office Activities and Other Management Consultancy Activities through the Supervision and
Management of Subsidiaries Engaged in the Exploration and Mining Development of Mineral Resources

                                  Domiciled in Jakarta, Indonesia

                                           Head Office
                                                 th       th
                                 Bakrie Tower 6 and 10 Floor
                                  Komplek Rasuna Epicentrum
                                 Jl. H.R. Rasuna Said, Kuningan
                                South Jakarta 12940 - Indonesia
                                Telephone: (+62 21) 5794 5698
                                     Fax: (+62 21) 5794 5687
                            Website: www.bumiresourcesminerals.com
                             E-mail: corporate.secretary@brm.co.id

THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS OF THE COMPANY, BOTH
INDIVIDUALLY AND JOINTLY, ARE FULLY RESPONSIBLE FOR THE ACCURACY AND COMPLETENESS OF
THE INFORMATION AS DISCLOSED HEREIN AND AFTER CAREFUL RESEARCH, CONFIRM THAT THE
INFORMATION CONTAINED HEREIN IS CORRECT AND THERE ARE NO IMPORTANT MATERIAL AND
RELEVANT FACTS THAT ARE NOT DISCLOSED OR OMITTED IN THIS DISCLOSURE OF INFORMATION SO
AS TO CAUSE THE INFORMATION PROVIDED IN THIS DISCLOSURE OF INFORMATION TO BE UNTRUE
AND/OR MISLEADING.

              This Disclosure of Information is issued in Jakarta on 26 November 2025




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                                                 DEFINITION

In addition to the definitions provided in other sections of this Disclosure of Information, the terms used in
this Disclosure of Information shall have the following meanings:

 “Affiliate”                         :   1. Family relationship by marriage up to the second degree,
                                            both horizontally and vertically, namely the relationship
                                            between a person and:
                                            a. husband or wife;
                                            b. parents of the husband or wife and husband or wife of
                                                the child;
                                            c. grandparents of the husband or wife and the husband or
                                                wife of the grandchild;
                                            d. siblings of the husband or wife and the husband or wife
                                                of such relatives; or
                                            e. the husband or wife of the siblings of the person
                                                concerned;

                                         2. family relationship by descent up to the second degree, both
                                            horizontally and vertically, namely a person's relationship
                                            with:
                                            a. parents and children;
                                            b. grandparents and grandchildren; or
                                            c. siblings of the person concerned;

                                         3. the relationship between a party and employees, directors, or
                                            commissioners of the said party;

                                         4. relationship between 2 or more companies in which there are
                                            1 or more members of the same board of directors,
                                            management, board of commissioners, or supervisors;

                                         5. the relationship between a company and a party, either
                                            directly or indirectly, in any way, controlling or controlled by
                                            the company or such party in determining the management
                                            and/or policy of the company or the party concerned;

                                         6. the relationship between 2 or more companies that are
                                            controlled, either directly or indirectly, by any way, in
                                            determining the management and/or policies of the company
                                            by a same party; or

                                         7. the relationship between a company and its principal
                                            shareholder, which is a party that directly or indirectly owns
                                            at least 20% of the voting shares of the said company,

                                         as defined in Law No. 4 of 2023 on the Development and
                                         Strengthening of Financial Sector (“P2SK Law”).

 “CPM”                               :   PT Citra Palu Minerals, a limited liability company established
                                         under the laws of the Republic of Indonesia and domiciled in Palu,
                                         which is a subsidiary in which directly controlled by the Company
                                         with the Company’s ownership of 96.97%.

 “Shareholder Register”              :   Shareholders registered issued by PT Kustodian Sentral Efek
                                         Indonesia (“KSEI”) containing information on securities
                                         ownership by securities holders in the collective custody at KSEI
                                         based on data provided by account holders at KSEI.


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“Disclosure of Information”        :   This disclosure of information containing information related to
                                       the Company Loan Facility and CPM Loan Facilities prepared in
                                       order to comply with the provisions of POJK 17/2020 and POJK
                                       42/2020.

“Ministry of Law”                  :   Ministry of Law of the Republic of Indonesia.

“Company’s             Financial   :   Audited Consolidated Financial Statements of the Company and
Statement”                             its Subsidiaries for the Financial Year ended on 31 December
                                       2024.

“MOL”                              :   Minister of Law of the Republic of Indonesia.

“OJK”                              :   Financial Services Authority, an independent institution as
                                       referred to in Law No. 21 of 2011 on the Financial Services
                                       Authority as amended by the P2SK Law (“OJK Law”), whose
                                       duties and authorities include regulating and supervising financial
                                       services activities in the banking, capital markets, insurance,
                                       pension funds, financing institutions and other financial
                                       institutions sectors, in which since 31 December 2012, the
                                       Financial Services Authority is an institution that replaces and
                                       receives the rights and obligations to carry out regulatory and
                                       supervisory functions from the Ministry of Finance of the Republic
                                       of Indonesia and the Capital Market and Financial Institutions
                                       Supervisory Agency in accordance with the provisions of Article
                                       55 paragraph (1) of the OJK Law.

“Shareholders”                     :   Parties who have benefits from the Company's shares, both in the
                                       form of certificates and in collective custody, which are stored and
                                       administered in securities accounts at KSEI, as recorded in the
                                       Company's Shareholder Register administered by PT Ficomindo
                                       Buana Registrar as the Company's Share Registrar.

“Common Terms Agreement”           :   Common Terms Agreement dated 24 November 2025 in
                                       connection with the (i) Company Loan Facility and (ii) CPM Loan
                                       Facilities, between (i) CPM as the borrower pursuant to the CPM
                                       Facilities Agreement and the guarantor pursuant to the Company
                                       Facility Agreement; (ii) the Company as the borrower pursuant to
                                       the Company Facility Agreement and the guarantor pursuant to
                                       the CPM Facilities Agreement; (ii) PT Gorontalo Minerals (“GM”)
                                       as the third-party security provider; (iv) Bangkok Bank Public
                                       Company Limited (“BBL”), PT Bank Permata Tbk (“Bank
                                       Permata”), PT Bank Central Asia Tbk (“BCA”), and PT Bank Mega
                                       Tbk (“Bank Mega”) as the mandated lead arrangers and the
                                       original lenders under each of the CPM Facilities Agreement and
                                       Company Facility Agreement; (v) Bank Permata as the facility
                                       agent of the CPM Facilities Agreement; (vi) BCA as the facility
                                       agent of the Company Facility Agreement; (vii) Bank Permata,
                                       BCA, and Bank Mega as the account banks; (viii) Bank Permata as
                                       the security agent for the Secured Creditors pursuant to the
                                       Security Sharing Agreement; (ix) Bank Permata as the security
                                       agent for the Facility Secured Parties pursuant to the CPM
                                       Facilities Agreement; and (x) Bank Permata as the security agent
                                       for the Facility Secured Parties pursuant to the Company Facility
                                       Agreement.




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“Company Facility Agreement”          :   Facility Agreement amounting to USD200,000,000 dated 24
                                          November 2025, between (i) the Company as the borrower; (ii)
                                          CPM as the guarantor; (iii) BBL, Bank Permata, BCA, and Bank
                                          Mega as the mandated lead arrangers and the original lenders;
                                          (iv) BCA as the facility agent; and (v) Bank Permata as the security
                                          agent.

“CPM Facilities Agreement”            :   Facilities Agreement amounting to USD 425,000,000 dated 24
                                          November 2025, between (i) CPM as the borrower; (ii) the
                                          Company as the guarantor; (iii) BBL, Bank Permata, BCA, and
                                          Bank Mega as the mandated lead arrangers and the original
                                          lenders; (iv) Bank Permata as the facility agent; and (v) Bank
                                          Permata as the security agent.

“Security Sharing Agreement”          :   The security sharing agreement dated 24 November 2025 in
                                          connection with the joint guarantee to secure the obligations
                                          payable under the Company Facility Agreement and the CPM
                                          Facilities Agreement, between (i) CPM and the Company as the
                                          obligors; (ii) Bank Permata as the security agent for Secured
                                          Creditors based on Security Sharing Agreement; (iii) BCA as the
                                          facility agent based on the Company Facility Agreement; (iv) Bank
                                          Permata as the facility agent based on the CPM Facilities
                                          Agreement; (v) BBL, Bank Permata, BCA, and Bank Mega as the
                                          mandated lead arrangers under each of the CPM Facilities
                                          Agreement and Company Facility Agreement; and (vi) BBL, Bank
                                          Permata, BCA, and Bank Mega as the original lenders under each
                                          of the CPM Facilities Agreement and the Company Facility
                                          Agreement.

“Company”                             :   PT Bumi Resources Minerals Tbk, a publicly traded limited liability
                                          company established under the laws of the Republic of Indonesia
                                          and domiciled in Jakarta.

“Controlled Company”                  :   A company that is controlled either directly or indirectly by a
                                          publicly traded company, as defined in POJK 42/2020.

“POJK 17/2020”                        :   OJK Regulation No. 17/POJK.04/2020 on Material Transactions
                                          and Changes of Business Activities.

“POJK 42/2020”                        :   OJK Regulation No. 42/POJK.04/2020 on the                 Affiliated
                                          Transactions and Conflict of Interest Transactions.

“IDR” or “Rupiah”                     :   A reference to the legal currency of the Republic of Indonesia.

“Affiliated Transaction”              :   Any activity and/or transaction carried out by a publicly traded
                                          company or a Controlled Company with an Affiliate of a publicly
                                          traded company or an Affiliate of a member of the board of
                                          directors, a member of the board of commissioners, a principal
                                          shareholder, or a controller, including any activity and/or
                                          transaction carried out by a publicly traded company or a
                                          Controlled Company for the benefit of an Affiliate of a publicly
                                          traded company or an Affiliate of a member of the board of
                                          directors, a member of the board of commissioners, a principal
                                          shareholder, or a controller, as defined in POJK 42/2020.


“Conflict       of         Interest   :   Any transaction conducted by a publicly traded company or a
Transaction”                              Controlled Company with any party, whether an Affiliate or a


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                                         non-Affiliated party, that involve a conflict of interest, as defined
                                         in POJK 42/2020.

 “Material Transaction”              :   Any transaction carried out by a publicly traded company or a
                                         Controlled Company that meets the threshold as stipulated in
                                         POJK 17/2020.

 “US$” atau “USD”                    :   United States Dollar or reference to the legal currency of the
                                         United States.


                                              INTRODUCTION

This Disclosure of Information is published in connection with the provision of loan facilities to the Company
and CPM, including:

1. loan facilities from BBL, Bank Permata, BCA, and Bank Mega (the “Lenders”) to the Company pursuant
   to the Company Facility Agreement to the Company, with CPM as guarantor, with a total facility value
   of USD 200,000,000. In connection with this, the Company, CPM, and the Lenders have executed the
   Common Terms Agreement and the Company Facility Agreement (“Company Loan Facility”); and

2. loan facilities from the Lenders to CPM pursuant to the CPM Facilities Agreement to CPM, with the
   Company as the guarantor, with a total facility value of USD 425,000,000, consists of (i) the loan facility
   commitment A of USD 350,000,000 (“CPM Loan Facility A”) and (ii) the loan facility commitment B
   amounting to USD 75,000,000 (“CPM Loan Facility B”). In connection with this, CPM, the Company,
   and the Lenders have executed the Common Terms Agreement and the CPM Facilities Agreement
   (“CPM Loan Facilities”).

Each of the Company Loan Facility and CPM Loan Facilities meets the criteria of a Material Transaction as
referred to in POJK 17/2020 because the value of each of the Company Loan Facility and CPM Loan Facilities
constitutes more than 20% of the Company's equity based on the Company's Financial Statements. With
regard to the CPM Loan Facilities, based on Article 30 letter a of POJK 17/2020, in the event that a Material
Transaction is carried out by a controlled company that is not a publicly traded company and its financial
statements are consolidated with a publicly traded company, a publicly traded company is required to carry
out the procedures stipulated in POJK 17/2020. Based on the Company's Financial Statements, CPM is a
controlled company of the Company with the Company's share ownership in CPM amounting to 96.97%.

Furthermore, each of the Company Loan Facility and CPM Loan Facilities is an Affiliated Transaction as
referred to in POJK 42/2020, but is not a Conflict of Interest Transaction as referred to in POJK 42/2020.
Pursuant to Article 33 letter a of POJK 17/2020, if a Material Transaction is also an Affiliated Transaction,
the Company is only required to comply with the obligations of a Material Transaction as regulated under
POJK 17/2020.

Pursuant to Article 6 paragraph (1) in conjunction with Article 14 letter a of POJK 17/2020, a publicly traded
company with positive equity that conducts a Material Transaction and an Affiliated Transaction are
required to:

1. appoint an independent appraiser to determine the fair value of the object(s) of the Material
   Transaction and/or the fairness of the Material Transaction;

2. announce the disclosure of information on the Material Transaction to the public;

3. submit the disclosure of information as referred to in point 2 above, along with its supporting
   documents to the OJK; and

4. initially obtain the approval of the independent shareholders in a General Meeting of Shareholders
   (“GMS”) if (i) the value of the Material Transaction exceeds 50% of the equity of the publicly traded
   company, or (ii) the appraiser’s report states that the proposed Material Transaction is not fair.


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However, pursuant to Article 11 letters b and c of POJK 17/2020, the Company is not required to engage
an independent appraiser to determine the fair value of the object of the Material Transaction and/or the
fairness of the Material Transaction as referred to in item 1 above, nor to obtain the approval of the
independent shareholders in a GMS as referred to in item 4 above (in the event that the appraiser’s report
states that the proposed Material Transaction is not fair), because:

1. each of the Company Loan Facility and the CPM Loan Facilities is a loan transaction received directly
   by the Company and CPM from banks; and

2. each of the Company Loan Facility and the CPM Loan Facilities is a security-granting transaction in
   favor of the banks for loans received directly by the Company and CPM.

Therefore, in order to comply with Article 6 paragraph (1) letter b of POJK 17/2020, and to provide more
comprehensive information to the Company’s Shareholders regarding the Company Loan Facility and the
CPM Loan Facilities, the board of directors has made available the information on the Company Loan Facility
and the CPM Loan Facilities by announcing this Disclosure of Information to the Shareholders.

                                  INFORMATION ON THE TRANSACTION

1. Objects and Value of the Transaction

    The Company Loan Facility and CPM Loan Facilities.

2. Brief Description of Transaction

    The Company as the borrower of the Company Loan Facility and the guarantor for the CPM Facilities
    Agreement, and CPM as the borrower of the CPM Loan Facilities and the guarantor for the Company
    Facility Agreement, have executed the Company Facility Agreement and the CPM Facilities Agreement,
    with main provisions as follows:

                             Company Facility Agreement                   CPM Facilities Agreement
     The Parties       1.   Company as the borrower;              1.   CPM as the borrower;
                       2.   CPM as the guarantor;                 2.   Company as the guarantor;
                       3.   BBL, Bank Permata, BCA, and Bank      3.   BBL, Bank Permata, BCA, and Bank
                            Mega as the mandated lead                  Mega as the mandated lead
                            arrangers;                                 arrangers;
                       4.   BBL, Bank Permata, BCA, and Bank      4.   BBL, Bank Permata, BCA, and Bank
                            Mega as the original lenders;              Mega as the original lenders;
                       5.   BCA as the facility agent; and        5.   Bank Permata as the facility agent;
                       6.   Bank Permata as the security agent.        and
                                                                  6.   Bank Permata as the security agent.

     Value of Loan     The Company Loan Facility in an            The CPM Loan Facility A and CPM Loan
     Facilities        aggregate    amount  of     USD            Facility B, in an aggregate amount of
                       200,000,000.                               USD 425,000,000.

     Loan Facilities   Until the final repayment date on 31       a.   In relation to the CPM Loan Facility
     Term              December 2031.                                  A, up to the final repayment date
                                                                       falling on 31 December 2031; and

                                                                  b. In relation to the CPM Loan Facility
                                                                     B, on the scheduled repayment
                                                                     date and subject to the terms of the
                                                                     CPM Facilities Agreement.




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                     Company Facility Agreement                    CPM Facilities Agreement
Interest       Interest for each interest period (3 months) is calculated based on the sum of (a) the
               margin (as set out in each of the Company Facility Agreement and the CPM Facilities
               Agreement) and (b) the applicable reference rate.

Securities     Transaction securities for securing the financial obligations arising under the
               Company Facility Agreement and/or the CPM Facilities Agreement (whether as
               the securities for the relevant facilities agreement or as a shared security as
               provided in the Security Sharing Agreement), among others:

               1. pledge of PT Linge Mineral Resources (“LMR”) shares provided by each of (a)
                  Calipso Investment Pte. Ltd. and (b) PT Andalan Anugerah Sekarbumi;

               2. pledge of PT Sukma Heksa Sinergi (“SHS”) shares provided by each of (a) PT
                  Bumi Sumberdaya Semesta and (b) SGQ Singapore Projects Holding Project
                  Pte. Ltd.;

               3. pledge of CPM shares owned by the Company;

               4. pledge over rights to designated bank accounts owned by each of the
                  Company and CPM;

               5. fiducia security over receivables provided by CPM;

               6. fiducia security over insurance claim proceeds provided by CPM;

               7. fiducia security over moveable assets provided by CPM;

               8. mortgage of certain land assets in the form of right of use certificate provided
                  by CPM (sertifikat hak pakai); and

               9. corporate guarantee provided by the Company or CPM (as relevant).

Negative       Subject to the further terms, conditions and exceptions set out in the Common
Covenants of   Terms Agreement and/or the Company Facility Agreement and CPM Facilities
the Borrower   Agreement, the Company and CPM are prohibited to, including but not limited to:

               1. create or permit to subsist any security over any of its assets;

               2. sell, transfer or otherwise dispose of any of its assets on terms whereby they
                  are or may be leased to or re-acquired;

               3. create or allow any other arrangement with a similar effect to obtain
                  financing or acquiring assets;

               4. carry out any transaction or series of transactions (whether related or
                  unrelated, and whether voluntary or involuntary) to dispose its assets;

               5. become a creditor for financial obligations;

               6. provide or allow to remain outstanding any guarantee with respect to any
                  obligation of any person;

               7. incur or allow to remain outstanding any financial indebtedness; and




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                             Company Facility Agreement                 CPM Facilities Agreement
                         8. enter into any amalgamation, demerger, merger or corporate reconstruction,
                            acquisition of any company, business, assets or undertaking or make any
                            investment or enter into any joint venture.


3. Parties to the Transaction

    a.   Company

         The Company is a listed limited liability company established under the laws of the Republic of
         Indonesia and domiciled in Jakarta, established under the name PT Panorama Timur Abadi
         pursuant to Deed of Establishment No. 3 dated 6 August 2003, drawn up before Syafrudin, S.H.,
         Notary in Jakarta, which has obtained approval from the Minister of Justice of the Republic of
         Indonesia (currently the MOL) by virtue of the Decree No. C-29705HT.01.01.TH.2003 dated 22
         December 2003, which has been registered at the South Jakarta District Court under No. TDP
         090315241576, No. 178/BH09.03/II/2004, dated 3 February 2004, and announced in the State
         Gazette of the Republic of Indonesia (“State Gazette”) No. 23 dated 19 March 2004 and
         Supplement to the State Gazette No. 2878 (“Company’s Deed of Establishment”).

         The Articles of association of the Company have been amended several times and lastly amended
         by Deed No. 178 dated 30 April 2025, drawn up before Jose Dima Satria, S.H., M.Kn., Notary in
         South Jakarta, which has obtained approval from the MOL by virtue of the Decree No. AHU-
         0031441.AH.01.02.Tahun 2025 dated 15 May 2025 and has been registered in the Company
         Register at the Ministry of Law under No. AHU-0105898.AH.01.11.Tahun 2025 dated 15 May
         2025 (“Company’s Deed No. 178/2025”).

         The Company’s Deed of Establishment, together with the Company's articles of association as
         lastly amended by Company’s Deed No. 178/2025, and all amendments thereof from time to time
         are hereinafter referred to as the “Company’s Articles of Association”.

         Business Activities

         Pursuant to the Company’s Articles of Association, the Company’s business activities are engaged
         in the fields of professional, scientific and technical activities, and wholesale trading.

         To achieve the Company’s purposes and objectives, the Company may carry out its main business
         activities as follows:

         i.    Head Office Activities (KBLI 70100);

         ii.   Other Management Consultancy Activities (KBLI 70209);

         iii. Other Professional, Scientific and Technical Activities That Are Not Classified Elsewhere (KBLI
              74909); and

         iv. Wholesale Trade on a Fee or Contract Basis (KBLI 46100).

         To achieve the Company’s purposes and objectives above, the Company may carry out supporting
         business activities in the form of Holding Company Activities (KBLI 64200).




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  Capital Structure and Shareholding Composition

  As at the date of this Disclosure of Information, the Company’s capital structure and shareholding
  composition are as follows:

                                                           Nominal Value
                                                     Series A IDR 625,- / shares             Shareholding
               Description                            Series B IDR 50,- / shares              Percentage
                                             Number of Shares       Total Nominal Value           (%)
                                                (in units)                 (Rupiah)
   Authorized Capital                         405,943,267,594        35,000,000,000,000
   Series A                                    25,570,150,644        15,981,344,152,500
   Series B                                   380,373,116,950        19,018,655,847,500
   Issued and Paid Up Capital
   1.    Emirates     Tarian     Global        35,592,738,434        data is not available              25.1
         Ventures
   2.    Sugiman Halim                         10,555,555,888        data is not available              7.44
   3.    CGS International Securities           7,194,818,600        data is not available              5.07
         Singapore Pte Ltd
   4.    PT Bumi Resources Tbk                 28,490,231,967        data is not available             20.09
         (“BUMI”)
   5.    Public shareholders below 5%          59,950,695,449        data is not available             42.30

   Total Issued and Paid Up Capital           141,784,040,338       21,792,038,637,200            100.00
   Amount of Shares in Portfolio              264,159,227,256       13,207,961,362,800                 -

  Composition of the Board of Directors and Board of Commissioners

  As at the date of this Disclosure of Information, the composition of the members of the board of
  directors and board of commissioners of the Company is as follows:

  Board of Directors

  President Director                  : Agoes Projosasmito
  Director                            : Fuad Helmy
  Director                            : Muhammad Sulthon
  Director                            : Herwin Wahyu Hidayat
  Director                            : Adika Aryasthana Bakrie
  Director                            : Adhika Andrayudha Bakrie
  Director                            : Adrian Wicaksono
  Director                            : Charles Daniel Gobel

  Board of Commissioners

  President Commissioner              : Adika Nuraga Bakrie
  Commissioner                        : Nalinkant Amratlal Rathod
  Commissioner                        : Teguh Boentoro
  Independent Commissioner            : Drs. Kanaka Puradiredja
  Independent Commissioner            : Gories Mere

b. CPM

  CPM is a limited liability company established under the laws of the Republic of Indonesia and
  domiciled in Palu, Central Sulawesi, pursuant to Deed of Establishment No. 23 dated 11 April
  1997, drawn up before Sulami Mustafa, S.H., Notary in Jakarta, which has been ratified by the


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Minister of Justice of the Republic of Indonesia (currently the MOL) by virtue of the Decree No. C2-
3005.HT.01.01.TH.97 dated 24 April 1997, which has been registered at the Company
Registration Office of South Jakarta under No. 788/BH.09.03/V/97 dated 1 July 1997, and
announced in the State Gazette No. 52 dated 1 July 1997 and Supplement to the State Gazette
No. 2556 (“CPM’s Deed of Establishment”).

The articles of association of CPM have been amended several times and lastly amended by Deed
No. 119 dated 25 July 2023, drawn up before Jose Dima Satria, S.H., M.Kn., Notary in South
Jakarta, which has obtained approval from the Minister of Law and Human Rights of the Republic
of Indonesia (currently the MOL) by virtue of the Decree No. AHU-AH.01.03-0096648 dated 25
July 2023 and has been registered in the Company Register at the Ministry of Law and Human
Rights of the Republic of Indonesia (currently the Ministry of Law) under No. AHU-
0141417.AH.01.11.Tahun 2023 dated 25 July 2023 (“Deed No. 119/2023”).

The CPM’s Deed of Establishment, together with the articles of association of CPM as lastly
amended by Deed No. 119/2023, as well as all amendments thereof from time to time, shall
hereinafter be referred to as the “CPM’s Articles of Association”.

Business Activity

Based on the CPM’s Articles of Association, CPM’s business activity is to engage in the mineral
mining business within the contract of work area approved by the Government of the Republic of
Indonesia.

Capital Structure and Shareholding Composition

As at the date of this Disclosure of Information, the capital structure and shareholding composition
of CPM are as follows:

                                                    Nominal Value
                                             Series A IDR 2,340,- / shares
            Description                     Series B IDR 10,145,- / shares                   %
                                            Series C IDR 13,901,- / shares
                                     Number of Shares     Total Nominal Value (Rp)
 Authorized Capital                       50,500,000              709,487,000,000
 Series A                                    100,000                   234,000,000
 Series B                                  1,400,000                14,203,000,000
 Series C                                 50,000,000              695,050,000,000
 Issued and Paid Up Capital
 1. Company
      Series A                                  75,000                   175,500,000
      Series B                               1,400,000                14,203,000,000     96.9697
      Series C                              28,997,764               403,097,917,364
 2. BUMI
      Series A                                    24,999                  58,497,660
                                                                                          3.0302
      Series C                                   927,236              12,889,507,636
 3. Enercorp              Limited
     (“Enercorp”)
      Series A                                       1                         2,340      0.0001
 Total Issued and Paid Up Capital           31,425,000               430,424,425,000      100.00
 Amount of Shares in Portfolio              19,075,000               279,062,575,000         -




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         Composition of the Board of Directors and Board of Commissioners

         As at the date of this Disclosure of Information, the composition of the board of directors and
         board of commissioners of CPM is as follows:

         Board of Directors

         President Director                : Raden Damar Kusumanto
         Director                          : Agus Sitindaon
         Director                          : Charles Daniel Gobel
         Director                          : Yan Adriansyah

         Board of Commissioners

         President Commissioner            : Adika Aryasthana Bakrie
         Commisioner                       : Agoes Projosasmito
         Commisioner                       : Adika Nuraga Bakrie
         Commisioner                       : Fuad Helmy
         Commisioner                       : Adrian Wicaksono

    c.   The Lenders under the Company Facility Agreement and the CPM Facilities Agreement

          No.                   Lenders                                        Domicile
          1.    Bangkok Bank Public Company Limited            Bangkok Bank Public Company Limited,
                                                               Head Office, 24th Floor, No. 333, Silom
                                                               Road, Silom Sub-District, Bangkok District,
                                                               Bangkok 10500, Thailand.

          2.    PT Bank Permata Tbk                            World Trade Center II Building
                                                               Jl. Jend. Sudirman Kav. 29-31
                                                               Jakarta 12920

          3.    PT Bank Central Asia Tbk                       Menara BCA, Grand Indonesia
                                                               Jl. MH Thamrin No. 1
                                                               Jakarta 10310

          4.    PT Bank Mega Tbk                               Menara Bank Mega
                                                               Jl. Kapten Tendean No.12-14A
                                                               Jakarta 12970


4. Relationship and Nature of Affiliated Relationship

    CPM is a subsidiary that is directly controlled by the Company, with the Company’s share ownership
    in CPM amounting to 96.97%. The Company and CPM do not have any affiliated relationship with
    Bank Permata, BBL, BCA, or Bank Mega.




                                                    11
Page 12
EXPLANATION, CONSIDERATIONS, AND REASONS FOR CARRYING OUT THE TRANSACTION, AS WELL AS
 CONSIDERATIONS FOR CARRYING OUT THE TRANSACTION COMPARED TO A SIMILAR TRANSACTION
                              WITH A NON-AFFILIATED PARTY

The provision of the Company Loan Facility by the Lenders is intended, among others, to finance the capital
expenditure and working capital requirements of the Company and its subsidiaries (GM, LMR, SHS).

Furthermore, the provision of CPM Loan Facilities by the Lenders is intended for the purposes, among
others:

a.   in relation to CPM Loan Facility A, it is provided for, among others:

     i.    repayment of existing loan facilities to the Company, which will be used by the Company to repay
           loan facilities from Bank Mega; and

     ii.   capital expenditure requirements for CPM projects, namely the development and construction
           related to (a) development of the CPM underground mining operation project and (b) expansion
           of the CPM carbon-in-leach (CIL) production plant located in Poboya, Palu, Central Sulawesi;

b. in relation to CPM Loan Facility B, it is provided for, among others:

     i.    capital expenditure requirements of CPM, including those made to maintain CPM’s existing
           operational capacity, permits, and licenses and including the exploration costs to support ongoing
           production and infrastructure under the CPM Project; and

     ii.   working capital purposes.

In addition to the Material Transaction, each of the Company Loan Facility and CPM Loan Facilities
constitutes an Affiliated Transaction carried out for the purposes of granting of security, both by the
Company for the benefit of CPM as a subsidiary directly controlled by the Company (for CPM Loan Facilities)
and by CPM for the benefit of the Company (for the Company Loan Facility).

                IMPACT OF THE TRANSACTION ON THE COMPANY’S FINANCIAL CONDITION

There is no material impact from the event, information, or material fact on the Company’s financial
condition arising from the provision of the Company Loan Facility and CPM Loan Facilities, except for the
obligation to pay interest and loan principal under the Company Loan Facility and the CPM Loan Facilities.
In addition, there is no material impact from the event, information, or material fact relating to the provision
of the Company Loan Facility and CPM Loan Facilities on the law and the business continuity of the
Company.

 STATEMENT OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS OF THE COMPANY

The board of directors and the board of commissioners of the Company, both individually and jointly,
hereby declare that:

1. each of the granting of security by the Company and CPM under the Company Facility Agreement and
   CPM Facilities Agreement constitutes an Affiliated Transaction, but does not constitute a Conflict of
   Interest Transaction as referred to in POJK 42/2020; and

2. all material information has been disclosed in this Disclosure of Information and no misleading
   information has been disclosed in connection with the Company Loan Facility and CPM Loan Facilities.




                                                      12
Page 13
                                    ADDITIONAL INFORMATION

Shareholders who wish to obtain further information in connection with the Company Loan Facility and
CPM Loan Facilities may contact the Company at its office at the following address:

                                  PT Bumi Resources Minerals Tbk
                                                    th      th
                                    Bakrie Tower 6 and 10 Floor
                                     Komplek Rasuna Epicentrum
                                    Jl. H.R. Rasuna Said, Kuningan
                                  South Jakarta 12940 - Indonesia
                                   Telephone: (+62 21) 5794 5698
                                        Fax: (+62 21) 5794 5687
                                E-mail: corporate.secretary@brm.co.id




                                                 13

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Published26 Nov 2025
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Names mentioned 48 people and organisations named in the text · linked when the evidence is strong

linked org BUMI RESOURCES MINERALS TBK p.1 ×11
linked org Bangkok Bank Public p.3 ×3
linked org Bank Permata Tbk p.3 ×53
linked org Bank Central Asia Tbk p.3 ×5
linked org Bank Mega Tbk p.3 ×28
linked — Sugiman Halim p.9
linked org CGS International p.9
linked person Agoes Projosasmito p.9 ×2
linked person Fuad Helmy p.9 ×2
linked person Muhammad Sulthon p.9
linked person Herwin Wahyu Hidayat p.9
linked person Adika Aryasthana p.9 ×2
linked person Adhika Andrayudha Bakrie p.9
linked person Adrian Wicaksono p.9 ×2
linked person Charles Daniel Gobel p.9 ×2
linked person Adika Nuraga Bakrie p.9 ×2
linked person Nalinkant Amratlal Rathod p.9
linked person Teguh Boentoro p.9
linked person Gories Mere p.9
linked org Grand Indonesia p.11
possible org Bumi Resources Tbk p.9 ×2
unresolved org FINANCIAL SERVICES AUTHORITY p.1 ×4
unresolved org PT Citra Palu Minerals p.2
unresolved org PT Kustodian Sentral Efek Indonesia p.2
unresolved org Ministry of Law p.3 ×4
unresolved org Minister of Law p.3
unresolved org Ministry of Finance p.3
unresolved org PT Ficomindo Buana Registrar p.3
unresolved org PT Gorontalo Minerals p.3
unresolved org Bangkok Bank Public Company Limited p.3 ×3
unresolved org PT Linge Mineral Resources p.7
unresolved org Calipso Investment Pte. Ltd. p.7
unresolved org PT Andalan Anugerah Sekarbumi p.7
unresolved org PT Sukma Heksa Sinergi p.7
unresolved org PT Bumi Sumberdaya Semesta p.7
unresolved org SGQ Singapore Projects Holding Project Pte. Ltd. p.7
unresolved org PT Panorama Timur Abadi p.8
unresolved person Syafrudin · Notaris p.8
unresolved org Minister of Justice p.8 ×2
unresolved org South Jakarta District Court p.8
unresolved person Jose Dima Satria · Notaris p.8 ×3
unresolved org Singapore Pte Ltd p.9
unresolved person Drs. Kanaka Puradiredja Independent p.9 ×2
unresolved person Sulami Mustafa · Notaris p.9
unresolved org Minister of Law and Human Rights p.10
unresolved org Ministry of Law and Human Rights p.10
unresolved org Government of the Republic of Indonesia p.10

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