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20250221_BHIT_Laporan Informasi dan Fakta Material_31864208_lamp2.pdf
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Jakarta, February 21, 2025 – PT MNC Energy Investments Tbk (IDX: IATA or the Company) has officially obtained an effective statement from The Financial Services Authority (OJK) on February 20, 2025, to proceed its Limited Public Offering III with a Rights Issue (HMETD) mechanism. Through this corporate action, IATA will issue up to 20,190,596,389 Series B shares, representing 44.44% of the total paid-up capital after the rights issue, with a distribution ratio of 5:4 (five existing shares entitle the holder to receive four HMETD), where every 1 (one) HMETD gives the holder the right to buy 1 (one) new share, which must be fully paid upon subscription. With an execution price of Rp63 per share, IATA eyes fresh funds of up to Rp1.27 trillion. The entire proceeds, after deducting relevant issuance costs, will be allocated as working capital, including for coal trading activities. Rights Issue Timeline Coal Market Outlook The Company is confident that coal demand will remain robust throughout 2025, supported by stable market needs and operational efficiency strategies, despite challenges such as price volatility, rising fuel costs, royalty rates, new regulations on Export Proceeds (DHE), and other operational expenses. Coal continues to be a cost-effective energy source and a key fuel for power generation in major economies such as China and India. The International Energy Agency (IEA) forecasts that global coal demand will reach 8,801 million tons in 2025, marking a 0.34% increase from 2024. China, the world’s largest coal consumer, is expected to account for 4,940 million tons (56%), while India, the second-largest consumer, is projected to consume 1,363 million tons (15%). PT MNC Energy Investments Tbk
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In Indonesia, coal continues to play a pivotal role in the national energy landscape, particularly in supporting
electricity demand, where 67% of the country’s power plants still rely on coal. The Ministry of Energy and
Mineral Resources (ESDM) has set a coal production target of 735 million tons for 2025, an increase from
710 million tons in 2024. Of the 2025 target, approximately 240 million tons are allocated for domestic
consumption, while 495 million tons are designated for export markets.
In 2024, exports contributed 66.8% of IATA’s total expected to significantly drive IATA’s business
coal sales, with India ranking first at 35.5%, followed growth.
by China at 20.3%, Vietnam at 10%, and other
Based on the report from the Indonesian Joint
countries at 1%.
Committee for Mineral Reserves (KCMI), IATA
Managing 6 IUP-Production Operations in Musi currently has proven coal reserves of 294.2 million
Banyuasin, South Sumatra, IATA is aggressively MT. This figure is derived from only around 15% of
ramping up production to meet soaring coal the Company’s total mining concession area,
demand while continuing to explore additional spanning 51,982 Ha. IATA believes that coal reserves
proven reserves. In 2025, the Company will will keep increasing as the exploration process
maximize output from the IUPs owned by PT Putra shows additional proven reserves, at least as much
Muba Coal (PMC), PT Indonesia Batu Prima Energi as 600 million MT for all IUPs.
(IBPE), and PT Arthaco Prima Energy (APE), which is
PT MNC Energy Investments Tbk
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For further information, please contact: PT MNC Energy Investments Tbk
Gladys Levina MNC Tower, 22/F Floor, MNC Center
gladys.levina@mncgroup.com Jl. Kebon Sirih No. 17-19, Menteng
office.iata@mncgroup.com Central Jakarta 10340, Indonesia
Phone: +62-21 391 2935
www.mncenergy.com
DISCLAIMER
By accepting this Press Release, you agree to be bound by the restrictions set out below. Any failure to comply with
these restrictions may constitute a violation of applicable securities laws.
The information and opinions contained in this Press Release have not been independently verified, and no
representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness,
accuracy, completeness or correctness of, the information or opinions contained herein. It is not the intention to
provide, and you may not rely on this Press Release as providing, a complete or comprehensive analysis of the
condition (financial or other), earnings, business affairs, business prospects, properties or results of operations of The
Company or its subsidiaries. The information and opinions contained in this Press Release are provided as at the date
of this presentation and are subject to change without notice. Neither The Company (including any of its affiliates,
advisors and representatives) nor the underwriters (including any of their respective affiliates, advisors or
representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or
completeness of, or any errors or omissions in, any information or opinions contained herein nor for any loss
howsoever arising from any use of this Press Release.
In addition, the information contained in this Press Release contains projections and forward-looking statements that
reflect The Company's current views with respect to future events and financial performance. These views are based on
a number of estimates and current assumptions which are subject to business, economic and competitive
uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside
the control of The Company and its directors. No assurance can be given that future events will occur, that projections
will be achieved, or that The Company's assumptions are correct. Actual results may differ materially from those
forecasts and projected.
This Press Release is not and does not constitute or form part of any offer, invitation or recommendation to purchase
or subscribe for any securities and no part of it shall form the basis of or be relied upon in connection with any
contract, commitment or investment decision in relation thereto.
PT MNC Energy Investments Tbk
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Financial Services Authority
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Ministry of Energy
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PT Putra
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PT Indonesia Batu Prima Energi
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PT Arthaco Prima Energy
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