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20250804_ANTM_Transaksi Material Tanpa Persetujuan RUPS_31929612_lamp2.pdf
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4 3545/084/KAT/2025
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THE DISCLOSURE OF INFORMATION TO SHAREHOLDERS REGARDING
MATERIAL TRANSACTION OF
PT ANEKA TAMBANG TBK (THE “COMPANY”)
This Information Disclosure to the Company’s Shareholders (as defined below) is disclosed to provide explanation
to the public regarding the signing transaction of a term loan facility agreement and a revolving credit facility
agreement up to US$500,000,000.
The Transaction is a Material Transaction as defined in the Financial Services Authority Regulation or Peraturan
Otoritas Jasa Keuangan (“POJK”) Number 17/POJK.04/2020 on Material Transactions and Alteration in Business
Activities, and is considered as Material Information or Facts as referred to in POJK Number 31/POJK.04/2015 on
Disclosure of Material Information or Facts by Issuers or Public Companies as partially revoked by POJK No. 45
of 2024 on Development and Strengthening of Issuers and Public Companies.
THE INFORMATION PROVIDED IN THIS INFORMATION DISCLOSURE IS IMPORTANT AND SHOULD
BE READ AND DULY NOTED BY THE COMPANY’S SHAREHOLDERS.
IF YOU ENCOUNTER DIFFICULTIES IN UNDERSTANDING THE INFORMATION PROVIDED IN THIS
DISCLOSURE, IT IS ADVISABLE TO SEEK ADVICE FROM LEGAL CONSULTANT, CERTIFIED PUBLIC
ACCOUNTANT, FINANCIAL ADVISOR, OR OTHER PROFESSIONALS.
THE BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS OF THE COMPANY AFFIRM THAT
ALL MATERIAL INFORMATION OR FACTS CONTAINED IN THIS INFORMATION DISCLOSURE ARE
COMPLETE, ACCURATE, AND NOT MISLEADING.
THE BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS OF THE COMPANY ALSO DECLARE
THAT THIS MATERIAL TRANSACTION DOES NOT CONTAIN ANY CONFLICT OF INTEREST.
PT ANEKA TAMBANG TBK
Business Activities
Engaged in the mining of various types of mineral resources, and involved in industrial, trading, transportation,
and related services associated with the mining of various types of mineral resources, as well as optimizing the
utilization of resources owned by the Company to produce high-quality goods and/or services with strong
competitiveness to obtain/seek profits to enhance the Company's value while adhering to the principles of a
Limited Liability Company.
Domiciled in Jakarta, Indonesia.
Head Office
Gedung Aneka Tambang Tower A
Jl. Letjen T.B. Simatupang No. 1, Lingkar Selatan, Tanjung Barat, Jakarta 12530
Telephone: (021) 789 1234
E-mail: corsec@antam.com
Website: https://www.antam.com
This Information Disclosure is issued in Jakarta on the date of August 4, 2025
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DEFINITION AND ABBREVATIONS
“Affiliation” : Parties as referred to in Article 1 paragraph (1) POJK 42/2020, namely:
a. family relationships by marriage up to the second degree, both
horizontally and vertically;
b. relationships between a party and employees, directors, or
commissioners of that party;
c. relationships between 2 (two) companies in which there are 1 (one)
or more common members of the board of directors or board of
commissioners;
d. relationships between a company and a party, whether directly or
indirectly controlled by or controlling that company;
e. relationships between 2 (two) controlled companies, whether directly
or indirectly, by the same party; or
f. relationships between the company and major shareholders.
“Conflict of Interest” : The distinction between the economic interests of a Publicly-Listed
Company and the personal economic interests of its directors, board of
commissioners, major shareholders, or controllers that could be
detrimental to the Publicly-Listed Company as referred to in POJK
42/2020.
“Presidential : Presidential Instruction Number 11 of 1973 on the Guidelines for the
Instruction 11/1973” Working Relationship between the Minister of Technical Affairs and the
Minister of Finance as Representatives of the State as the Shareholder of
State-Owned Enterprises (SOEs).
“MoLHR” / “MoL” : Minister of Law and Human Rights of the Republic of Indonesia (currently
the Ministry of Law of the Republic of Indonesia).
“MIND ID” : PT Mineral Industri Indonesia (Persero), a state-owned enterprise in the
form of limited liability company, established under the laws of the
Republic of Indonesia, with its registered address at The Energy Building
16th Floor, SCBD Lot 11A, Jl. Jend. Sudirman Kav. 52-53, Jakarta,
Indonesia.
“OJK or Financial : Financial Services Authority or Otoritas Jasa Keuangan (OJK) is an
Services Authority” independent institution as referred to in Law Number 21 of 2011 on the
Financial Services Authority as amended by Law Number 4 of 2023 on the
Development and Strengthening of the Financial Sector (“Law 21/2011”),
whose duties and authorities encompass the regulation and supervision
of financial services activities in the banking sector, capital markets,
insurance, pension funds, financing institutions, and other financial
institutions. As of 31 December 2012, OJK is the institution that replaced
and assumed the rights and obligations to perform regulatory and
supervisory functions from the Capital Market and Financial Institutions
Supervisory Agency (Badan Pengawas Pasar Modal dan Lembaga
Keuangan) in accordance with the provisions of Article 55 of Law 21/2011.
”Company’s : The parties holding beneficial ownership of the Company's shares,
Shareholders” whether in the form of certificates or in collective custody held and
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administered in securities accounts at the Indonesian Central Securities
Depository, recorded in the Shareholders Register managed by the
Securities Administration Bureau appointed by the Company.
“Appraiser” : An individual who, through their expertise, engages in appraisal activities
within the capital market field.
“Facilities : Has the meaning given to such term in the Introduction section.
Agreement”
“Company” : PT Aneka Tambang Tbk or abbreviated as PT ANTAM Tbk, a Publicly-
Listed Company established under the laws of the Republic of Indonesia,
with its registered address at Jalan Letjen TB. Simatupang No. 1, Jakarta,
Indonesia.
“Publicly-Listed : An issuer that has conducted a public offering of equity securities or a
Company” public company.
“Controlled : Company controlled either directly or indirectly by a Publicly-Listed
Company” Company.
“POJK 17/2020” : Financial Services Authority Regulation Number 17/POJK.04/2020 of
2020 on Material Transactions and Alteration in Business Activities.
“POJK 42/2020” : Financial Services Authority Regulation Number 42/POJK.04/2020 of
2020 on Affiliated Transactions and Conflict of Interest Transactions.
“POJK 31/2015” Financial Services Authority Regulation Number 31/POJK.04/2015 on
Disclosure of Material Information or Facts by Issuers or Public
Companies as partially revoked by POJK No. 45 of 2024 on Development
and Strengthening of Issuers and Public Companies
“GR 12/1969” : Government Regulation Number 12 of 1969 on State-Owned Enterprises
as revoked by Government Regulation Number 12 of 1998.
“GR 26/1974” : Government Regulation Number 26 of 1974 on the Transfer of the Form
of the State-Owned Company Aneka Tambang into a State-Owned
Enterprise (Persero).
“GR 47/2017” : Government Regulation Number 47 of 2017 on the Additional State
Capital Participation of the Republic of Indonesia into the Share Capital of
the State-Owned Enterprise (Persero) PT Indonesia Asahan Aluminium.
“GR 45/2022” : Government Regulation Number 45 of 2022 concerning the Reduction of
the State Capital Participation of the Republic of Indonesia in the State-
Owned Enterprise (Persero) PT Indonesia Asahan Aluminium.
“GR 46/2022” : Government Regulation Number 46 of 2022 on the State Capital
Participation of the Republic of Indonesia for the Establishment of a State-
Owned Enterprise (Persero) in the Mining Sector.
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“Rupiah or Rp” : Reference to Rupiah or Rp is a reference to the lawful currency of the
Republic of Indonesia.
“Affiliated : Any activity and/or transaction conducted by a Publicly-Listed Company
Transaction” or a Controlled Company with Affiliates of the Publicly-Listed Company or
Affiliates of members of board of directors, members of board of
commissioners, major shareholders, or controllers, including any activity
and/or transaction conducted by the Publicly-Listed Company or
Controlled Company for the benefit of Affiliates of a Publicly-Listed
Company or Affiliates of members of board of directors, members of board
of commissioners, major shareholders, or controllers.
“Conflict of Interest : Transactions conducted by a Publicly-Listed Company or a Controlled
Transaction” Company with any party, whether with Affiliates or parties other than
Affiliates, that contain a Conflict of Interest as referred to in POJK 42/2020.
“Material : Any transaction conducted by a Publicly-Listed Company or a Controlled
Transaction” Company that meets the value thresholds as regulated in POJK 17/2020.
“US$” : Reference to the United States Dollar or US$ is a reference to the lawful
currency of the United States of America.
“Law 9/1969” : Law Number 9 of 1969 on the Enactment of Government Regulation
Replacement Law Number 1 of 1969.
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INTRODUCTION
In order to comply with the provision of POJK 17/2020 and POJK 31/2015, the Company's Board of
Directors announces this Information Disclosure to provide information to the Company's Shareholders
that the Company has entered into a facilities agreement for up to US$500,000,000 term and revolving
credit facilities dated 1 August 2025 (such agreement as may be amended, modified, supplemented or
novated from time to time however fundamentally, including the alteration of its nature, purpose or
period or the change of its parties, increase of any size in the amount of the facility made under it,
hereinafter referred to as the “Facilities Agreement”) made by and among (i) the Company as
borrower, (ii) DBS Bank Ltd., MUFG Bank, Ltd., PT Bank SMBC Indonesia Tbk, Sumitomo Mitsui
Banking Corporation Singapore Branch and United Overseas Bank Limited as mandated lead
arrangers, underwriters and bookrunners and creditors, (iii) PT Bank DBS Indonesia as agent of the
Finance Parties (other than itself) and (iv) United Overseas Bank Limited as sole coordinator (the
“Transaction”).
The Transaction is a Material Transaction as referred to in POJK 17/2020 and is considered Material
Information or Fact as referred to in POJK 31/2015. Further, the Transaction is not an Affiliated
Transaction or a Conflict of Interest Transaction as referred to in POJK 42/2020.
The Transaction is exempted from the obligation to comply with part of the provisions of Article 6 of
POJK 17/2020.
The Company's Board of Directors announces this Information Disclosure through the Company's
website and the Indonesia Stock Exchange website with the intention of providing comprehensive
information and insights to the Company's Shareholders regarding the Transaction. Additionally, the
Company has submitted the supporting documents for this Information Disclosure to the OJK in
accordance with the provisions of POJK 17/2020.
EXPLANATION, CONSIDERATIONS, AND REASONS
FOR CONDUCTING MATERIAL TRANSACTION
On 16 April 2025, the Company has signed a mandate letter which provided the appointment and the
granting of exclusive mandate for (i) United Overseas Bank Limited to act as the sole coordinator; and
(ii) DBS Bank Ltd., MUFG Bank, Ltd., PT Bank SMBC Indonesia Tbk, Sumitomo Mitsui Banking
Corporation Singapore Branch and United Overseas Bank Limited to act as the mandated lead
arrangers, underwriters and bookrunners (the "MLAUBs") to arrange, manage the primary syndication
of and underwrite the loan facilities. In light of this, the Company has signed the Facilities Agreement
on 1 August 2025. The purpose of the loan facilities is to fund the Company’s general corporate
purposes including but not limited to capital expenditures, acquisitions, working capital needs and
payment of fees and expenses related to the loan facilities. Further details regarding the Facilities
Agreement are set out in the next section.
DESCRIPTION OF THE TRANSACTION
A. Scope of the Transaction
Facilities amount:
• up to US$250,000,000 term credit facility (“Facility A”); and
• up to US$250,000,000 revolving credit facility (“Facility B”).
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Interest:
The aggregate of Margin (being 1.025% for any Offshore Lender and 1.075% for any Onshore
Lender) and Reference Rate (being the term SOFR reference rate administered by CME Group
Benchmark Administration Limited).
Availability Period and Final Repayment Date:
• Availability Period:
o in relation to Facility A, the period from and including the date of the Facilities
Agreement to and including the date falling 18 Months after the date of the
Facilities Agreement; and
o in relation to Facility B, the period from and including the date of the Facilities
Agreement to and including the date falling 59 Months after the date of the
Facilities Agreement.
• Maturity: in relation to each of Facility A and Facility B, the date falling 60 months from
the date of the Facilities Agreement.
Repayment:
Facility A:
• Instalment repayment in the amount equal to the applicable percentage of the aggregate
outstanding Facility A Loans as at the end of the Availability Period applicable to Facility
A, which percentage is set out under the Facilities Agreement.
• In addition to the requirements above, the Company shall repay all other amounts
accrued or outstanding under the Finance Documents on the Final Repayment Date.
• The Company may not reborrow any part of Facility A which is repaid.
Facility B:
The Borrower shall repay each Facility B Loan on the last day of its Interest Period.
Governing law and dispute resolution:
The Facilities Agreement is governed by English law and any dispute arising out of or in relation
thereto shall be referred to arbitration by the Singapore International Arbitration Centre.
B. Materiality of Transaction
The Transaction is exempted from the obligation to comply with some provisions of Article 6 of
POJK 17/2020. The exemptions applicable to the Transaction and the reasoning therefore are
explained below:
a. Exemption from having to use an Appraiser (Article 6 paragraph 1(a) of POJK
17/2020)
Under Article 6 paragraph 1(a) of POJK 17/2020, any listed company conducting a
Material Transaction is required to employ an Appraiser to determine the fair value
of the Material Transaction’s objects and/or the reasonableness of the transaction
concerned. However, based on Article 11 paragraph (b) of POJK 17/2020, this
requirement is exempt if the material transaction is a loan transaction directly
received from banks, venture capital companies, financing companies, or
infrastructure financing companies, both domestic and foreign. As the Transaction
is a direct loan or facilities transaction given by banks, the Company is exempted
from the requirement to use an Appraiser under POJK 17/2020.
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b. Exemption from having to obtain prior approval from the GMS (Article 6
paragraph 1(d) of POJK 17/2020)
Based on Article 6 paragraph 1(d) of POJK 17/2020, any listed company conducting
a Material Transaction is required to obtain prior approval from the GMS in the case
that: (i) the transaction value exceeds 50% of the listed company’s equity; (b) in the
case of a listed company with negative equity, the transaction value exceeds 25%
of its total assets; or (c) the appraisal report states that the Material Transaction is
unreasonable. However, based on Article 11 paragraph (b) of POJK 17/2020, this
requirement is exempt if the material transaction is a loan transaction directly
received from banks, venture capital companies, financing companies, or
infrastructure financing companies, both domestic and foreign. As the Transaction
is a direct loan or facilities transaction given by banks, the Company is exempted
from the requirement to obtain prior GMS approval for the Transaction.
C. Parties Carrying Out the Transaction
The parties to the Transaction are as follows.
1. Company
General Explanation
The Company was formerly a State-Owned Enterprise, established under the name "Perusahaan
Negara (PN) Aneka Tambang" in the Republic of Indonesia on 5 July 1968, based on
Government Regulation No. 22 of 1968 as a result of the merger of the General Leadership Body
of State-Owned Mining Companies, the State-Owned Company for Bauxite Mining in Indonesia,
the State-Owned Company for Tjikotok Gold Mining, the State-Owned Company for Precious
Metals, PT Nikel Indonesia, the South Kalimantan Diamond Mining Project, and former
Bapetamb Projects. This establishment was announced in the Supplement to the State Gazette
of the Republic of Indonesia No. 36 of 1968 on 5 July 1968.
On 14 June 1974, based on GR 26/1974, the Company's form was changed from a State-Owned
Company to a Limited Liability Company (Persero) and since then became known as
"Perusahaan Perseroan (Persero) PT Aneka Tambang." The Company's name was later
changed to "PT Aneka Tambang (Persero)" based on Notarial Deed No. 320 dated 30 December
1974, made before Warda Sungkar Alurmei, S.H., as a replacement for Abdul Latief, a Notary in
Jakarta, through Deed of Amendment No. 55 dated 14 March 1975, made before Abdul Latief, a
Notary in Jakarta, to comply with the provisions stipulated in Law 9/1969, GR 12/1969, GR
26/1974, Presidential Instruction 11/1973, and Minister of Finance Decree No. 1768 of 1974.
These deeds received approval from the MoLHR in Decree No. Y.A. 5/170/4 dated 21 May 1975,
were registered in the register book at the South Jakarta District Court under No. 1736 and No.
1737 dated 27 May 1975, and were announced in the State Gazette No. 312, Supplement to the
State Gazette No. 52 dated 1 July 1975.
In 1997, the Company conducted its initial public offering to the public with 430,769,000 (four
hundred thirty million seven hundred sixty-nine thousand) shares at a nominal value of
Rp1,000.00 (one thousand Rupiah) per share at an offering price of Rp1,400.00 (one thousand
four hundred Rupiah) per share. Consequently, since 27 November 1997, all Company shares
have been listed on the Jakarta and Surabaya Stock Exchanges (now Indonesia Stock
Exchange). Subsequently, the Company's name was changed to Perusahaan Perseroan
(Persero) PT Aneka Tambang Tbk, abbreviated as PT Aneka Tambang (Persero) Tbk based on
the Declaration Deed of the Extraordinary General Meeting of Shareholders of Perusahaan
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Perseroan (Persero) PT Aneka Tambang Tbk No. 48 dated 15 September 1997. In 1999, the
Company also listed its shares in the form of Chess Depository Interests on the ASX as a Foreign-
Exempt Listing and later upgraded its listing status to ASX Listing in 2002.
Furthermore, in 2017, following the establishment of the Mining Industry Holding by the
Government of the Republic of Indonesia, there was a transfer of ownership of Series B shares
in the Company by 65% (sixty-five percent) in accordance with GR 47/2017. Pursuant to GR
47/2017, the ownership of the Republic of Indonesia over 15,619,999,999 (fifteen billion six
hundred nineteen million nine hundred ninety-nine thousand nine hundred ninety-nine) Series B
shares in the Company was transferred to Perusahaan Perseroan (Persero) PT Indonesia
Asahan Aluminium ("Inalum") as an additional State capital participation in Inalum ("Holding
Transaction").
The Holding Transaction did not result in a change in control within the Company as the Republic
of Indonesia retained control through indirect share ownership in the Company. Subsequently,
through ownership of Series A shares in the Company, the Republic of Indonesia retained
specific rights not granted to the holders of Series B shares in accordance with the provisions in
the Company's Articles of Association.
As a result of the Holding Transaction, Inalum became the direct holder of 65% (sixty-five
percent) of Series B shares in the Company, while the public holds 35% (thirty-five percent) of
Series B shares in the Company, whereas Dwiwarna Series A shares in the Company are still
owned by the Republic of Indonesia. Therefore, the Company’s status, initially a Persero (state-
owned enterprise), changed to a Limited Liability Company (Non-Persero) as stated in the Deed
No. 89 dated 29 November 2017, executed before Jose Dima Satria S.H., M.Kn., a Notary in
South Jakarta, and obtained approval from the MoLHR through Decree No. AHU-
0026147.AH.01.02. Year 2017 dated 13 December 2017, and acknowledgment notification from
the MoLHR through Letter No. AHU-AH.01.03-0200027 dated 13 December 2017.
In accordance with (i) GR 47/2017; (ii) Minister of Finance Decree No. 887/KMK.06/2017; and
(iii) Agreement on the Transfer of the Republic of Indonesia's Rights to Shares in the Company
and in the context of Additional State Capital Participation of the Republic of Indonesia in the
Share Capital of Inalum dated 27 November 2017, the total issued and fully paid-up shares in
the Company amounted to Rp2,403,076,472,500.00 (two trillion four hundred three billion
seventy-six million four hundred seventy-two thousand five hundred Rupiah) or 24,030,764,725
(twenty-four billion thirty million seven hundred sixty-four thousand seven hundred twenty-five)
shares, consisting of one Dwiwarna Series A share and 24,030,764,724 (twenty-four billion thirty
million seven hundred sixty-four thousand seven hundred twenty-four) Ordinary Series B shares.
In December 2022, the Indonesian Government issued GR 45/2022 regarding the reduction of
state capital participation in Inalum and GR 46/2022 regarding state capital participation for the
establishment of a state-owned limited liability company (Persero) in the mining sector. In line
with the implementation of GR 45/2022, Inalum returned ownership of 15,619,999,999 (fifteen
billion six hundred nineteen million nine hundred ninety-nine thousand nine hundred ninety-nine)
Series B shares in the Company to the Government of the Republic of Indonesia for the purpose
of reducing state capital participation.
Subsequently, in compliance with the implementation of GR 46/2022, concurrently with the
effective reduction of state capital participation, the Government of the Republic of Indonesia
transferred its ownership of 15,619,999,999 (fifteen billion six hundred nineteen million nine
hundred ninety-nine thousand nine hundred ninety-nine) Series B shares in the Company to
MIND ID as a state capital injection for the establishment of MIND ID. MIND ID is a state-owned
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enterprise in which all shares are owned by the Government of the Republic of Indonesia.
Commencing from 21 March 2023, the Company remains indirectly controlled by the Government
of the Republic of Indonesia and is directly controlled by MIND ID.
Furthermore, the Company's Articles of Association have undergone several amendments and
restatement. The most recent amendment and restatement was formalized in Deed No. 7 dated
11 July 2025, drawn before Titik Krisna Murti Wikaningsih Hastuti, S.H., M.Kn., Notary in South
Jakarta, as approved by the MoL pursuant to Decree No. AHU-0049332.AH.01.02.TAHUN 2025
dated 25 July 2025 and registered in Company Register maintained by the MoL pursuant to
Company Register No. AHU-0170132.AH.01.11.TAHUN 2025 dated 25 July 2025 (“Company's
Articles of Association”).
Business Activities
Based on Article 3, Paragraph (1) of the Company's Articles of Association, the purpose and
objectives of the Company are to engage in mining activities involving various types of mineral
resources, and to operate in industries, trade, transportation, and services associated with the
mining of these various types of mineral resources. Additionally, the aim includes optimizing the
utilization of the Company's resources to produce high-quality goods and/or services with strong
competitiveness, pursuing profits to enhance the Company's value by adhering to the principles
of a Limited Liability Company. To achieve these purposes and objectives, the Company may
undertake the following main business activities:
a. engaging in mining activities involving various mineral resources, including but not limited
to: (i) bauxite ore mining; (ii) nickel ore mining; and (iii) gold and silver mining;
b. operating in industries associated with the mining of various mineral resources,
encompassing, but not limited to: (i) production of non-iron base metals; (ii) production of
precious base metals; (iii) clay brick/ceramic manufacturing industry; (iv) tile manufacturing
from clay/ceramics; (v) precious metal jewelry industry for personal use; (vi) precious metal
jewelry industry not for personal use; (vii) precious metal goods industry for technical
and/or laboratory use; (viii) Other Precious Metal Goods Industry;
c. conducting trade activities related to various mineral resources, including
processed/refined mineral commodities, both in physical (including digital physical gold)
and non-physical trading (including hedging), such as: (i) wholesale trade of jewelry and
watches; (ii) wholesale trade of metals and metal ores; (iii) physical commodity traders;
(iv) web portals and/or digital platforms for commercial purposes; (v) wholesale trade of
tiles, bricks, roof tiles, and similar products made from clay, limestone, cement, or glass;
(vi) wholesale trade of cement, limestone, sand, and stones; (vii) other business support
service activities; (viii) warehousing and storage services; (ix) retail trade through various
media for various goods;
d. operating transportation services for both its own purposes and other parties related to the
mining of various mineral resources, including: (i) motorized transport for specialized
goods; (ii) railway transport for goods; (iii) domestic maritime transport for specialized
goods; (iv) port services activities; (v) river and lake transport for specialized goods; (vi)
river and lake port services activities;
e. providing services associated with the mining of various mineral resources (excluding legal
and tax consultancy services), including: (i) other support activities for mining and
quarrying; (ii) laboratory testing services; (iii) other management consultancy activities; (iv)
engineering activities and associated technical consultancy; (v) activities in the field of
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education, not limited to private technical education, other private education, and
educational support activities; (vi) other technical analysis and testing; (vii) technical
installation inspection services; (viii) industrial process commissioning, quality assurance,
and quality control services.
Furthermore, as per Article 3 paragraph (3) of the Company's Articles of Association, the
Company may also engage in supportive/complementary activities aimed at optimizing the
utilization of owned resources, including but not limited to:
a. optimization activities and utilization of assets, whether it be land, buildings, or other asset
forms, including but not limited to real estate owned or leased;
b. industrial estates;
c. plantation, agriculture, and forestry, encompassing all economic/business activities,
including food crop farming, plantations, horticulture, forest harvesting, and this category
also includes support services for each of these economic activities;
d. properties, including (i) star-rated hotels; (ii) hotel apartments; (iii) owned or leased real
estate; (iv) health center activities; (v) private hospital activities; (vi) private clinic activities;
e. optimization and utilization of owned resources, including but not limited to power plants
and energy, not restricted to electricity generation activities;
f. waste management, encompassing all activities related to wastewater, garbage,
hazardous and toxic waste management, including collection, transportation, storage, and
utilization; including but not limited to (i) collection of non-hazardous wastewater; (ii)
collection of hazardous wastewater; (iii) treatment and disposal of non-hazardous
wastewater; (iv) treatment and disposal of hazardous wastewater; (v) collection of non-
hazardous waste and garbage; (vi) collection of hazardous waste; (vii) treatment and
disposal of non-hazardous waste and garbage; (viii) treatment and disposal of hazardous
waste; (ix) recovery of metal material goods; (x) recovery of non-metal material goods;
g. tourist areas;
h. privately managed museums;
i. information and communication, including but not limited to (i) private radio broadcasting;
(ii) telecommunications activities for self-use; (iii) cableless telecommunications activities
in compliance with applicable laws and regulations;
j. provision of clean water and distribution of clean water for industrial activities, including: (i)
collection, purification, and distribution of drinking water; (ii) collection and distribution of
raw water;
k. land preparation, sand excavation, and other building constructions;
l. operation of storage and warehousing facilities for (i) oil and natural gas storage; and (ii)
hazardous and toxic waste storage activities.
Capital Structure and Shareholders Composition of the Company
In accordance with Article 4 of the Company's Articles of Association and the Report of Securities
Administration Bureau (PT Datindo Entrycom) as of 30 June 2025, the capital structure of the
Company as of the Information Disclosure Date is as follows:
Total Nominal Value (Nominal
Number of
Explanation Value Rp100,00 per Share %
Shares
Certificate)
Authorized Capital
Class A Shares 1 Rp100,00 -
Class B Shares 37.999.999.999 Rp3.799.999.999.900,00 -
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Total Nominal Value (Nominal
Number of
Explanation Value Rp100,00 per Share %
Shares
Certificate)
Total Authorized 38.000.000.000 Rp3.800.000.000.000,00 -
Capital
Paid-up Capital
Class A Shares
The Government of 1 Rp100,00 0
Indonesia
Class B Shares
MIND ID 15.619.999.999 Rp1.561.999.999.900,00 65
Other shareholders 8.410.764.725 Rp841.076.472.500,00 35
with ownership
below 5%
Total Issued and 24.030.764.725 Rp2.403.076.472.500,00 100
Paid-up Capital
The Board of Directors and Board of Commissioners of the Company
Based on Deed No. 6 dated 11 July 2025 drawn before Titik Krisna Murti Wikaningsih Hastuti,
S.H., M.Kn. a notary in Jakarta and notified to the MoL pursuant to notice receipt No. AHU-
AH.01.09-0310311 dated 11 July 2025, the composition of Board of Directors and Board of
Commissioners as of the date of this Information Disclosure are as follows:
Director
President Director : Achmad Ardianto
Director of Operations and Production : Hartono
Director of Business Development : I Dewa Wirantaya
Director of Commercial : Handi Sutanto
Director of Finance and Risk Management : Arianto Sabtonugroho Rudjito
Director of Human Resources : Ratih Dewihandajani L.
Board of Commissioner
President of Commissioner and : Rauf Purnama
Independent Commissioner
Independent Commissioner : Ridwan
Independent Commissioner : Pius Lustrilanang
Commissioner : Irwandy Arif
Commissioner : Elen Setiadi
Commissioner : Rudy Sufahriadi
Commissioner : M. Rudy Salahuddin Ramto
2. The Finance Parties
• MLAUBs:
o DBS Bank Ltd.
o MUFG Bank, Ltd.
o PT Bank SMBC Indonesia Tbk
o Sumitomo Mitsui Banking Corporation Singapore Branch
o United Overseas Bank Limited
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• Original Lenders:
o DBS Bank Ltd.
o MUFG Bank, Ltd.
o PT Bank SMBC Indonesia Tbk
o Sumitomo Mitsui Banking Corporation Singapore Branch
o United Overseas Bank Limited
• Agent: PT Bank DBS Indonesia
• Sole Coordinator: United Overseas Bank Limited
(collectively, the “Finance Parties”)
None of the Finance Parties are Affiliates of the Company nor do they have any Conflict
of Interest with the Company with respect to the Transaction.
IMPACT OF THE TRANSACTION ON THE COMPANY'S FINANCIAL CONDITION
The following is the proforma balance sheet report of the Company before and after the Transaction:
Before the After the
Adjustment
Description Transaction Transaction
(IDR Million)
(IDR Million) (IDR Million)
Cash and cash equivalent 4,751,621 8,032,352 12,783,973
Receivables 1,148,794 - 1,148,794
Supplies 6,039,652 - 6,039,652
Other receivables 332,790 - 332,790
Prepaid taxes 724,916 - 724,916
Prepaid costs 14,502 - 14,502
Other current financial assets 4,565,539 - 4,565,539
Other current assets 414,161 - 414,161
Total current assets 17,991,975 8,032,352 26,024,327
Other receivables 239,952 - 239,952
Restricted cash usage 360,988 - 360,988
Investment on association entities 5,426,133 - 5,426,133
Fixed assets, net 15,644,099 - 15,644,099
Mining properties, net 578,136 - 578,136
Exploration and evaluation assets, net 952,224 - 952,224
Intangible assets, net 67,231 - 67,231
Prepaid taxes 1,490,331 36 1,490,367
Deferred tax assets 430,803 - 430,803
Goodwill 68,336 - 68,336
Derivative assets 90,092 - 90,092
Other non-current assets 1,182,705 - 1,182,705
Total non-current assets 26,530,670 36 26,530,706
TOTAL ASSETS 44,522,645 8,032,388 52,555,033
Page 11 of 16
Page 14
Before the After the
Adjustment
Description Transaction Transaction
(IDR Million)
(IDR Million) (IDR Million)
Account Payable 1,771,033 - 1,771,033
Accrual expenses 1,609,847 - 1,609,847
Short-Term Employee’s Liabilities 374,013 - 374,013
Prepaid customers 3,835,617 - 3,835,617
Tax payable 172,529 - 172,529
Rent liabilities, short-term part 55,446 - 55,446
Provisions, short-term part 1,592,708 - 1,592,708
Other Payable 359,705 - 359,705
Total Short-Term Liabilities 9,770,898 - 9,770,898
Rent liabilities, net of short-term 42,357 - 42,357
Provisions, net of short-term 951,041 - 951,041
Prepaid customers, net of short-term 424,512 - 424,512
Loan - 8,032,514 8,032,514
Liabilities for post-employment benefits 1,131,649 - 1,131,649
Other long-term liabilities 2,682 - 2,682
Total Long-Term Liabilities 2,552,241 8,032,514 10,584,755
TOTAL LIABILITIES 12,323,139 8,032,514 20,355,653
Shares capital 2,403,076 - 2,403,076
Additional paid-up capital 9,696,068 - 9,696,068
Other equity components -
- Foreign exchange difference on 1,338,427 - 1,338,427
elaboration of Financial statements
- Surplus on revaluation of assets 3,034,776 - 3,034,776
Profit balance -
- Designated use 480,615 - 480,615
- Undesignated use 14,505,151 (126) 14,505,025
- Other equity components - - -
Total equity attributable to owners of the 31,458,113 (126) 31,457,987
parent entity
Non-controlling interest 741,393 - 741,393
TOTAL EQUITIES 32,199,506 (126) 32,199,380
TOTAL LIABILITIES AND EQUITIES 44,522,645 8,032,388 52,555,033
Page 12 of 16
Page 15
The following is the Company's proforma financial profit and loss statement before and after the
Transaction:
Before the After the
Adjustment
Description Transaction Transaction
(IDR Million)
(IDR Million) (IDR Million)
Sales 69,192,440 - 69,192,440
Cost of Goods Sold (62,694,143) - (62,694,143)
GROSS PROFITS 6,498,297 - 6,498,297
General & administration (2,898,333) (162) (2,898,495)
Sales & marketing (602,011) - (602,011)
Total operating expenses (3,500,344) (162) (3,500,506)
OPERATING PROFITS 2,997,953 (162) 2,997,791
OTHER INCOME
Share of profit of associated entities 689,710 - 689,710
Financial income 492,333 - 492,333
Financial expenses (237,136) - (237,136)
Profits on foreign exchange, net 469,427 - 469,427
Other income, net 201,356 - 201,356
Total other income - net 1,615,690 - 1,615,690
PROFIT BEFORE INCOME TAX 4,613,643 (162) 4,613,481
Income tax expense (761,425) 36 (761,389)
PROFIT FOR THE PERIOD 3,852,218 (126) 3,852,092
OTHER COMPREHENSIVE INCOME
Items that will not be reclassified to profit
or loss:
- Revaluation of post-employment 33,886 - 33,886
benefit provisions
- Tax effect of remeasurement of post- (7,455) - (7,455)
employment benefit provisions
-Revaluation surplus of assets 71,874 - 71,874
- Other comprehensive income from 129 - 129
associated entities
Items to be reclassified to profit or loss:
- Adjustments to the elaboration of 146,920 - 146,920
financial statements
Page 13 of 16
Page 16
Before the After the
Adjustment
Description Transaction Transaction
(IDR Million)
(IDR Million) (IDR Million)
OTHER COMPREHENSIVE INCOME 245,354 - 245,354
FOR THE CURRENT PERIOD AFTER
TAX
TOTAL COMPREHENSIVE INCOME 4,097,572 (126) 4,097,446
FOR THE CURRENT PERIOD
PROFIT ATTRIBUTABLE TO:
Shareholders of the parent entity 3,647,210 - 3,647,210
Non-controlling interests 205,008 - 205,008
TOTAL PROFIT ATTRIBUTABLE TO 3,852,218 - 3,852,218
OWNERS
TOTAL COMPREHENSIVE INCOME
ATTRIBUTABLE TO:
Shareholders of the parent entity 3,892,564 - 3,892,438
Non-controlling interests 205,008 - 205,008
TOTAL COMPREHENSIVE INCOME 4,097,572 - 4,097,446
ATRIBUTABLE TO OWNERS
The following is the Company’s pro forma cash flow statement before and after the Transaction:
Before the After the
Adjustment
Description Transaction Transaction
(IDR Million)
(IDR Million) (IDR Million)
Receipts from customers 72,444,817 - 72,444,817
Payments to suppliers (62,970,785) - (62,970,785)
Payments to commissioners, directors (2,053,906) - (2,053,906)
and employees
Payment of corporate income tax (2,192,984) - (2,192,984)
Other taxes and fees (1,613,093) - (1,613,093)
Receipts from corporate income tax 18,796 - 18,796
refunds
Revenue from other tax refunds 65,261 - 65,261
Interest income 412,657 - 412,657
Interest payments (130,153) - (130,153)
Payment of loan transaction costs - (48,648) (48,648)
Payment of insurance premiums (229,614) - (229,614)
Other payments, net (69,881) - (69,881)
Net cash flow from operating 3,681,115 (48,648) 3,632,467
activities
Maturity of time deposits 5,642,200 - 5,642,200
Page 14 of 16
Page 17
Before the After the
Adjustment
Description Transaction Transaction
(IDR Million)
(IDR Million) (IDR Million)
Placement of time deposits (5,082,237) - (5,082,237)
Acquisition of fixed assets (972,085) - (972,085)
Investment in associated entities (2,454,165) (2,454,165)
Intangible assets (45,351) - (45,351)
Cash receipts from sale of investments 460,180 - 460,180
Expenses for exploration and evaluation (206,830) - (206,830)
assets
Loans to associated entities (406,136) - (406,136)
Dividend income from associated 569,042 - 569,042
entities
Other payments (141,837) - (141,837)
Net cash flow used for investing (2,637,219) - (2,637,219)
activities
Bank loan receipts 1,236,440 8,081,000 9,317,440
Bank loan repayments (2,237,184) - (2,237,184)
Investment loan payments (1,534,050) - (1,534,050)
Dividend payments (3,077,646) - (3,077,646)
Payment of lease liabilities (122,328) - (122,328)
Capital contributions from non- 13,910 - 13,910
controlling interests
Net cash flows from financing (5,720,858) 8,081,000 2,360,142
activities
NET INCREASE IN CASH AND CASH (4,676,962) 8,032,352 3,355,390
EQUIVALENTS
Effect of foreign exchange rate changes 219,769 - 219,769
on cash and cash equivalents
CASH AND CASH EQUIVALENTS AT 9,208,814 - 9,208,814
THE BEGINNING OF THE PERIOD
CASH AND CASH EQUIVALENTS AT 4,751,621 8,032,352 12,783,973
THE END OF THE PERIOD
Page 15 of 16
Page 18
STATEMENT OF THE COMPANY'S BOARD OF COMMISSIONERS AND DIRECTORS
The Board of Commissioners and the Board of Directors of the Company both individually and
collectively declare that:
1. All information or material facts related to the Transaction have been disclosed in this Information
Disclosure and such information is not misleading.
2. The Transaction is a Material Transaction as referred to in POJK 17/2020 because the value of
the transaction reaches 25.10% (twenty five point one zero percent) of the Company's equity
based on the Company's Financial Statements as of 31 December 2024 reviewed by the Amir
Abadi Jusuf, Aryanto, Mawar & Rekan Public Accounting Firm, subject to applicable exemptions
under Article 11 of POJK 17/2020.
3. The Transaction is not an Affiliated Transaction as referred to in POJK 42/2020.
4. The Transaction is not a Conflict of Interest Transaction as referred to in POJK 42/2020.
ADDITIONAL INFORMATION
If you need further information regarding the matters disclosed in the Information Disclosure, you can
contact the Company at the address:
PT Aneka Tambang Tbk
Corporate Secretary
Gedung Aneka Tambang Tower A
Jl. Letjen T.B. Simatupang No. 1, Lingkar Selatan, Tanjung Barat, Jakarta 12530
Telephone: (021) 789 1234
E-mail: corsec@antam.com
Website: https://www.antam.com
Page 16 of 16
Names mentioned 41 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Financial Services Authority
p.2 ×6
unresolved
org
Minister of Technical Affairs
p.3
unresolved
org
Minister of Finance
p.3
unresolved
org
Minister of Law and Human Rights
p.3
unresolved
org
Ministry of Law
p.3
unresolved
org
Pengawas Pasar Modal dan Lembaga Keuangan
p.3
unresolved
org
PT Indonesia Asahan Aluminium.
p.4 ×3
unresolved
org
Sumitomo Mitsui Banking Corporation
p.6 ×4
unresolved
org
Indonesia Stock Exchange
p.6 ×2
unresolved
org
CME Group Benchmark Administration Limited
p.7
unresolved
person
Warda Sungkar Alurmei
p.8
unresolved
person
Abdul Latief
· Notaris
p.8
unresolved
org
Minister of Finance Decree
p.8 ×2
unresolved
org
South Jakarta District Court
p.8
unresolved
org
Government of the Republic of Indonesia
p.9 ×5
unresolved
person
Jose Dima Satria S.H.
· Notaris
p.9
unresolved
person
Titik Krisna Murti Wikaningsih Hastuti
· Notaris
p.10 ×4
unresolved
org
PT Datindo Entrycom
p.11
unresolved
org
Mawar & Rekan
p.18
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
Rule parser
Needs review
confidence 0.091
3052 ms
12 Sep 2026 22:36
Raw output
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'kind': 'MATERIAL_FACT',
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'object_text': '',
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'parties': [],
'pct_of_equity': None,
'reference_period': '',
'requires_rups': None,
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'ticker': '',
'transaction_date': None,
'valuation_date': None,
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