20241227_MDLN_Laporan Informasi dan Fakta Material_31831525_lamp1.pdf

                                         c.   Guaranteed Senior Notes due April 30, 2027;
                                         d.   Guaranteed Senior PIK Toggle Notes due April 30, 2027.

                                         Pada 27 Desember 2024, JGCV dan MLO juga telah
                                         mengumumkan bahwa mereka telah mendaftarkan penawaran
                                         dan skema pengaturan (scheme of arrangement) untuk
                                         mendapatkan persetujuan/putusan dari Pengadilan Tinggi
                                         Singapura (beserta dengan aplikasi sehubungan dengan
                                         moratorium).

                                         Pengumuman-pengumuman terkait sebagaimana di dalam tautan
                                         di akhir laporan ini.


4. Dampak Kejadian, Informasi atau       Penawaran dan skema pengaturan (scheme of arrangement)
   Fakta Material tersebut terhadap      belum efektif, namun demikian apabila penawaran dan skema
   Kegiatan    Operasional,    Hukum,    pengaturan (scheme of arrangement) berhasil dilaksanakan
   Kondisi Keuangan, atau Kelangsungan   secara efektif, manajemen Perseroan berharap untuk mencapai
   Usaha Emiten atau Perusahaan Publik   beban utang yang lebih rendah yang pada akhirnya dapat
                                         memperbaiki rasio likuiditas dalam jangka pendek dan
                                         diharapkan berdampak positif terhadap kondisi operasional,
                                         hukum, keuangan, dan kelangsungan usaha Perseroan dalam
                                         jangka panjang.

5. Keterangan Lain                       Laporan informasi ini tidak dimaksudkan sebagai penawaran
                                         umum, penawaran tender atau penawaran yang bukan penawaran
                                         umum (private placement) berdasarkan Undang-Undang
                                         Republik Indonesia Nomor 8 Tahun 1995 tentang Pasar Modal
                                         dan peraturan pelaksananya termasuk namun tidak terbatas pada
                                         Peraturan Otoritas Jasa Keuangan Republik Indonesia (“OJK”)
                                         (“Peraturan Pasar Modal Indonesia”).

                                      Penawaran dan skema pengaturan (scheme of arrangement) tidak
                                      dimaksudkan untuk ditawarkan di Indonesia, kepada warga
                                      negara Indonesia (baik berdomisili di Indonesia atau di tempat
                                      lain) atau kepada penduduk Indonesia, dengan cara penawaran
                                      umum, penawaran tender atau penawaran yang bukan penawaran
                                      umum (private placement) berdasarkan Peraturan Pasar Modal
                                      Indonesia.
   Tautan pengumuman-pengumuman terkait:

   https://www.sgx.com/securities/company-
   announcements?value=JGC%20VENTURES%20PTE.%20LTD.&type=company

   https://www.sgx.com/securities/company-
   announcements?value=MODERNLAND%20OVERSEAS%20PTE.%20LTD.&type=company

 Number          :    043/MDLN-DIR/XII/2024                                      Jakarta, 27 December 2024
 Attachment      :    -
 Regarding       :    Report of Material Information or Fact

To:
      1. OTORITAS JASA KEUANGAN (“OJK”)
         Gedung Soemitro Djojohadikusumo
         Jl. Lapangan Banteng Timur No 2-4, Jakarta 10710
         Up.: Kepala Eksekutif Pengawas Pasar Modal

      2. BURSA EFEK INDONESIA
         Indonesia Stock Exchange Building, Tower I
         Jl. Jend. Sudirman Kav. 52–53, Jakarta 12190
         Up.: Direktur Penilaian Perusahaan

Dear Sir/Madam,

We refer to:
   • OJK Regulation No. 31/POJK.04/2015 regarding Disclosure of Material Information or Fact by an
       Issuer or a Public Company; and
   • Decree of the Board of Directors of PT Bursa Efek Indonesia No. Kep-00066/BEI/09-2022
       regarding the Amendment of Regulation Number I-E on the Obligations to Submit Information.

We hereby for and on behalf of the Company (as defined below) provide the following disclosure of
Material Information or Fact:

 Name of the Issuer or a Public Company     :    PT Modernland Realty Tbk (the “Company”);
 Line of Business                           :    Engaged in the fields of real estate, construction,
                                                 installation and golf club;
 Phone                                      :    (021) 293 65888;
 Facsimile                                  :    (021) 293 69999;
 Email address                              :    corporate@modernland.co.id


1. Date of Event                                24 Desember 2024 and 27 Desember 2024

2. Type of Material Information or Fact         Other Material Information or Fact

3. Description of Material Information or       On 24 December 2024, the Company through JGC Ventures Pte.
   Fact                                         Ltd. (“JGCV”) and Modernland Overseas Pte. Ltd. (“MLO”),
                                                wholly-owned offshore subsidiaries of the Company, announced
                                                that the proposed offers and scheme of arrangement have been
                                                agreed by majority vote of global noteholders, subject to among
                                                others Singapore High Court sanction, in relation to:
                                                a. Guaranteed Senior Notes due June 30, 2025;

                                             b.   Guaranteed Senior PIK Toggle Notes due June 30, 2025;
                                             c.   Guaranteed Senior Notes due April 30, 2027;
                                             d.   Guaranteed Senior PIK Toggle Notes due April 30, 2027.

                                             On 27 December 2024, JGCV and MLO also announced that
                                             they had applied the scheme of arrangement to be santioned by
                                             Singapore High Court (together with the application for a
                                             moratorium).

                                             The relevant announcements can be accessed through the links
                                             provided at the end of this report.

4. Implication of Event, Such Material       The offers and scheme of arrangement are not yet effective,
   Information or Fact on the Operational,   however if succeed in becoming effective, the management of
   Legal, Financial Condition or Business    the Company expects to achieve a lower debt burden, which will
   Continuity of the Issuer or the Public    ultimately improve liquidity ratios in the short term and is
   Company                                   anticipated to have a positive impact on the Company’s
                                             operational, legal and financial conditions as long as business
                                             continuity in the long term.


5. Other Information                         This disclosure information is not intended to be a public
                                             offering, a tender offer, or a private placement under Law of
                                             Republic of Indonesia Number 8 of 1995 regarding Capital
                                             Market and its implementing regulations including but not
                                             limited to Regulations of Financial Service Authority of Republic
                                             of Indonesia (Otoritas Jasa Keuangan) (“OJK”) (“Indonesian
                                             Capital Market Law”).

                                             The offers and the scheme of arrangement are not intended to be
                                             offered in Indonesia, to Indonesian citizens (whether domiciled
                                             in Indonesia or elsewhere) or to Indonesian residents, in a
                                             manner which constitutes a public offering, a tender offer or a
                                             private placement under the Indonesian Capital Market Law.
    Links of relevant announcements:

    https://www.sgx.com/securities/company-
    announcements?value=JGC%20VENTURES%20PTE.%20LTD.&type=company

    https://www.sgx.com/securities/company-
    announcements?value=MODERNLAND%20OVERSEAS%20PTE.%20LTD.&type=company

Demikian keterbukaan informasi terkait Informasi dan Fakta Material disampaikan. Terima kasih. / Please
be informed accordingly of this disclosure of Material Information or Fact. Thank you.

                                PT MODERNLAND REALTY TBK
                                  Direksi / The Board of Directors




                                   Nama / Name : William Honoris
                                   Jabatan / Title : Direktur Utama