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20260910_IPAC_Laporan Informasi dan Fakta Material_32147040_lamp3.pdf
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Unofficial Translation
DISCLOSURE OF INFORMATION TO SHAREHOLDERS
(“DISCLOSURE OF INFORMATION”)
IN COMPLIANCE WITH REGULATION OF THE FINANCIAL SERVICES AUTHORITY (OTORITAS JASA
KEUANGAN/"OJK") NUMBER 45 OF 2024 ON THE DEVELOPMENT AND STRENGTHENING OF ISSUERS
AND PUBLIC COMPANIES ("POJK 45/2024")
THIS DISCLOSURE OF INFORMATION HAS BEEN PREPARED IN CONNECTION WITH THE PLAN TO
CHANGE THE COMPANY’S STATUS FROM A PUBLIC COMPANY TO A PRIVATE COMPANY ("GO PRIVATE
PLAN") AND THE DELISTING OF THE COMPANY’S SHARES FROM THE INDONESIAN STOCK EXCHANGE
("DELISTING"). THIS DISCLOSURE OF INFORMATION IS IMPORTANT AND MUST BE CAREFULLY
CONSIDERED BY THE SHAREHOLDERS OF THE COMPANY.
PT Era Graharealty Tbk.
(the “Company”)
Main Business Activities:
Franchising and Real Estate Agency Services
Head Office:
TCC Batavia Tower One, 8th Floor, Suite 3-5
Jl. K.H. Mas Mansyur Kav. 126
Central Jakarta 10220
Telephone: (021) 2967 5123
Website: www.eraindonesia.com
Email: corsec@eraindonesia.com
THIS DOCUMENT CONSTITUTES INFORMATION TO SHAREHOLDERS IN CONNECTION WITH
THE COMPANY’S PLAN TO:
(i) CHANGE THE COMPANY’S STATUS FROM A PUBLIC COMPANY TO A PRIVATE COMPANY
(INCLUDING DELISTING THE COMPANY’S SHARES FROM THE INDONESIA STOCK
EXCHANGE); AND
(ii) AMEND THE COMPANY’S ARTICLES OF ASSOCIATION IN CONNECTION WITH THE CHANGE
OF THE COMPANY’S STATUS AS REFERRED TO IN ITEM (i) ABOVE.
IF YOU ARE IN ANY DOUBT AS TO ANY ASPECT OF THIS INFORMATION DISCLOSURE OR AS
TO THE ACTION YOU SHOULD TAKE AS A SHAREHOLDER, YOU MAY CONSULT YOUR
SECURITIES BROKERAGE REPRESENTATIVE OR THE REPRESENTATIVE OF A REGISTERED
SECURITIES COMPANY, AN INVESTMENT MANAGER, LEGAL COUNSEL, AN ACCOUNTANT, OR
OTHER PROFESSIONAL ADVISER.
THE COMPANY’S BOARD OF DIRECTORS AND BOARD OF COMMISSIONERS, WHETHER INDIVIDUALLY
OR JOINTLY, ARE RESPONSIBLE FOR THE COMPLETENESS AND ACCURACY OF ALL INFORMATION OR
MATERIAL FACTS CONTAINED IN THIS INFORMATION DISCLOSURE AND CONFIRM THAT THE
INFORMATION PRESENTED IS TRUE AND THAT THERE ARE NO UNDISCLOSED INFORMATION OR
MATERIAL FACTS THAT COULD CAUSE THIS INFORMATION DISCLOSURE TO BE MISLEADING.
This Information Disclosure was published in Jakarta on 11 September 2026
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I. INTRODUCTION
The Company’s Board of Directors hereby notifies the Company’s shareholders of the plan to change
the Company’s status from a public company to a private company (“Go Private Plan”) and the delisting
of the Company’s shares from the Indonesia Stock Exchange (“Delisting”). As a public company, in
implementing the Go Private Plan and Delisting, the Company is required to comply with the provisions
set out in POJK 45/2024 and Regulation of PT Bursa Efek Indonesia (“BEI”) No. I-N on the Cancellation
of Listing (Delisting) and Relisting (Relisting) (“I-N Regulation”).
Pursuant to POJK 45/2024, the Go Private and Delisting Plan must first obtain approval from
shareholders who do not have a personal economic interest in connection with the Go Private and
Delisting Plan and who (a) are not members of the Board of Directors, members of the Board of
Commissioners, principal shareholders, or Controlling Shareholders of the Company; or (b) are not
affiliates of members of the Board of Directors, members of the Board of Commissioners, principal
shareholders, or Controlling Shareholders of the Company (“Independent Shareholders”). Such
Independent Shareholders’ approval is obtained through the Company’s Extraordinary General Meeting
of Shareholders (“RUPSLB”). More detailed information related to the conduct of the RUPSLB, including
information on quorum and decision-making procedures, is set out in Chapter V of this Information
Disclosure.
This Information Disclosure is submitted for the purpose of providing information to shareholders
regarding:
• The Go Private and Delisting Plan;
• An overview of the requirements that must be satisfied to implement the Go Private and Delisting
Plan; and
• Information regarding the RUPSLB in connection with the Go Private and Delisting Plan.
As required under I-N Regulation, the Company has submitted letter No. 132/ERA/IX/26 dated 7
September 2026 regarding the Application for Cancellation of Listing (“Delisting”), addressed to PT
Bursa Efek Indonesia (“BEI”) with a copy to OJK (“Company Letter”).
II. INFORMATION REGARDING THE GO PRIVATE AND DELISTING PLAN
The Company proposes the Go Private and Delisting Plan for the following reasons and objectives:
a. There has been a change in the Company’s business strategy, such that the Company no longer
requires funding through the capital market and has no plan to raise funds through the capital
market in the future;
b. To increase efficiency, including the Company’s operating expenses, with the objective of improving
the Company’s competitiveness in an increasingly competitive market; and
c. The Company intends to have greater flexibility in conducting its business activities, including in
efforts to pursue business development, as well as business restructuring (if required).
Taking into account the foregoing and based on the Company’s management’s comprehensive
evaluation of the long-term business strategy of the Company and the Company Group in managing
assets and achieving more efficient operations, including through the restructuring of share ownership
within the Company Group, the Company has decided to implement the Go Private and Delisting Plan.
In connection with the foregoing, there is no obligation to obtain any permit, prior approval, or to make
any prior notification to/from any third party as a prerequisite for the implementation of the Company’s
Go Private & Delisting Plan, except for the requirements stipulated under POJK 45/2024 and I-N
Regulation.
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III. INFORMATION REGARDING THE COMPANY
A. Brief History of the Company
PT Era Graharealty Tbk (“Company”) was established pursuant to Notarial Deed of Gde
Kertayasa, S.H., No. 41 dated 5 July 1991. The Company’s deed was approved by the Minister of
Law and Human Rights of the Republic of Indonesia through Decree No. C2-5477.HT.01.01.TH.91
dated 5 October 1991, registered in the register book at the Central Jakarta District Court under
No. 2260/1991 dated 25 October 1991, and published in the State Gazette of the Republic of
Indonesia No. 97 dated 3 December 1991 and Supplement to the State Gazette of the Republic of
Indonesia No. 4574.
The Company’s Articles of Association have been amended several times, most recently by
Notarial Deed of Rini Yulianti, S.H. No. 38 dated 14 July 2022, in connection with the amendment
to the Company’s purposes and objectives. This amendment has been acknowledged by the
Minister of Law and Human Rights of the Republic of Indonesia through the Approval Letter for
Amendment to the Articles of Association No. AHU-0048905.AH.01.02.Tahun 2022 dated 14 July
2022.
The Company’s head office is located at TCC Batavia Tower One, 8th Floor, Suite 3-5, Jl. K.H.
Mas Mansyur Kav. 126, Karet Tengsin Sub-district, Tanah Abang District, Central Jakarta, and the
Company does not have any branch office.
B. The Company’s Business Activities
In accordance with Article 3 of the Company’s Articles of Association, the Company engages in
the business of leasing without options right to purchase and real estate. The Company
commenced commercial operations in 1992.
C. The Company’s Subsidiaries
As of 11 September 2026, the Company has 16 (sixteen) directly-owned subsidiaries, with the
details as follows:
Obligation to
Revenue obtain prior
Year of Busines Ownership Operatio Contributio approval or
Commerc s (%) nal Status n (%) prior
Subsidiary ial Activiti notification
Operation es
PT Kencana 2014 Property Broker 51% Operating 6,55% None
Anugerah Properti
PT Kencana 2015 Property Broker 51% Operating 5,58% None
Makmur Properti
PT Kencana Abadi 2021 Property Broker 51% Operating 8,48% None
Properti
PT Kencana 2021 Property Broker 51% Operating 6,86% None
Berkat Properti
PT Kencana Maju 2021 Property Broker 51% Operating 2,89% None
Properti
PT Kencana 2021 Property Broker 51% Operating 1,49% None
Sukses Properti
PT Kencana 2021 Property Broker 51% Operating 2,82% None
Sejahtera Properti
PT Kencana 2024 Property Broker 51% Operating 7,25% None
Gemilang Properti
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Obligation to
Revenue obtain prior
Year of Busines Ownership Operatio Contributio approval or
Commerc s (%) nal Status n (%) prior
Subsidiary ial Activiti notification
Operation es
PT Kencana Mulia 2025 Property Broker 51% Operating 2,33% None
Properti
PT Fajar Wira 2010 Property Broker 51% Operating 6,74% None
Realty Properti
PT Cahaya Era 2021 Property Broker 51% Operating 2,05% None
Fajar Properti
PT Fajar Inovasi 2022 Property Broker 51% Operating 1,43% None
Utama Properti
PT Fajar Makmur 2026 Property Broker 51% Operating 2,19% None
Sukses
PT Lani Harta 2018 Property Broker 51% Operating 6,46% None
Persada
PT Erasky Harta 2020 Property Broker 51% Operating 1,28% None
Persada
PT Era Pro Realty 2020 Property Broker 50,82% Operating 7,13% None
Properti
D. The Company’s Capital Structure and Share Ownership
The Company’s capital structure as of the date of this Information Disclosure is as set out in the
Deed of Statement of Meeting Resolutions No. 149 dated 30 March 2021, drawn up before Notary
Jose Dima Satria, S.H., M.Kn., a notary in Jakarta, which has obtained approval for the amendment
to the articles of association from the Minister of Law and Human Rights of the Republic of
Indonesia based on Decree No. AHU-0019567.AH.01.02.Tahun 2021 dated 30 March 2021 and
was registered in the Company Register at the Ministry of Law and Human Rights of the Republic
of Indonesia under No. AHU-0058771.AH.01.11.Tahun 2021 dated 30 March 2021, as follows:
Authorized Capital : 3,610,000,000 (three billion six hundred ten million)
shares, with a par value of Rp10.00 (ten Rupiah) per
share
Issued and Paid-up Capital : 948,868,500 (nine hundred forty-eight million eight
hundred sixty-eight thousand five hundred) shares,
with a par value of Rp10.00 (ten Rupiah) per share
Based on the Shareholders Register as of 31 August 2026 maintained by PT Datindo Entrycom as
the Company’s Securities Administration Bureau, the Company’s shareholding composition is as
follows:
No. Shareholder Shares Par Value (Rp) %
1. APAC Investment 2 Pte. Ltd. 860.562.600 8.605.626.000 90,60
2. Public 89.305.900 893.059.000 9,40
Total 948.868.500 9.498.685.000 100,00
The Company’s share ownership structure as of 31 August 2026 is as follows:
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The Company’s controller as referred to in POJK 45/2024 is APAC Investment 2 Pte. Ltd. The
ultimate beneficial owner of APAC Investment 2 Pte. Ltd. is Morgan Stanley.
E. Composition of the Company’s Board of Commissioners and Board of Directors
The composition of the members of the Company’s Board of Commissioners and Board of
Directors as of the date of this Information Disclosure is as set out in the Deed of Statement of the
Resolutions of the Annual General Meeting of Shareholders of PT ERA Graharealty Tbk., No. 31
dated 25 June 2026, drawn up before Notary Yenny Widjaja, S.H., M.Kn., a notary in Jakarta,
which has obtained receipt of notification from the Minister of Law and Human Rights based on the
Receipt of Notification of Amendment to Company Data No. 31 dated 25 June 2026 and was
registered in the Company Register at the Ministry of Law and Human Rights under No. AHU-
0169092.AH.111.Tahun 2026 dated 21 July 2026, as follows:
Board of Commissioners
President Commissioner (Independent Commissioner) : Susan Widjayawati
Independent Commissioner : Tjio Yafet Kristanto
Board of Directors
President Director : Darmadi Darmawangsa
Director : Aan Andriani Sutrisno
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F. Summary of Key Financial Data
The following is a summary of key financial data based on the Company’s Consolidated Financial
Statements for the year ended 31 December 2025, which have been audited by Kanaka
Puradiredja, Suhartono Public Accounting Firm based on report No. 00067/2.0752/AU.1/05/0209-
2/1/III/2026 dated 13 March 2026, which stated that the financial statements are fairly presented
in all material respects and were signed by Public Accountant Syamsudin.
Statement of Financial Position
(in Rupiah)
Statement of Financial Year ended 31 December
Position 2025 2024 2023
Current Assets 30.057.008.656 26.952.453.021 34.130.695.410
Non-current Assets 25.099.837.783 21.524.958.758 10.425.694.608
Total Assets 55.156.846.439 48.477.411.779 44.556.390.018
Current Liabilities 5.724.889.477 4.192.537.094 3.117.727.613
Non-current Liabilities 8.843.534.793 6.642.001.934 6.707.411.016
Total Liabilities 14.568.424.270 10.834.539.028 9.825.138.629
Equity 40.588.422.169 37.642.872.751 34.731.251.389
Total Liabilities and Equity 55.156.846.439 48.477.411.779 44.556.390.018
Statement of Profit or Loss
(in Rupiah)
Year ended 31 December
Statement of Profit or Loss
2025 2024 2023
Revenue 58.499.735.099 44.704.983.641 28.793.867.081
Direct Costs (27.866.495.799) (18.794.671.429) (7.635.505.509)
Gross Profit 30.633.239.300 25.910.312.212 21.158.361.572
Profit for the Year 1.481.768.925 461.920.384 2.852.895.634
Total Comprehensive Income
for the Year 1.268.694.765 1.436.095.924 2.797.248.094
Earnings per Share 1,56 0,49 3,35
Key Financial Ratios
Year ended 31 December
Description
2025 2024 2023
Current Ratio 5.25x 6.43x 10.95x
Debt to Equity Ratio 0.36x 0.29x 0.28x
Debt to Assets Ratio 0.26x 0.22x 0.22x
Gross Profit Margin 52,36% 57,96% 73,48%
Net Profit Margin 2,53% 1,03% 9,91%
Return on Equity 3,65% 1,23% 8,21%
Return on Assets 2,69% 0,95% 6,40%
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IV. VOLUNTARY TENDER OFFER
A. Voluntary Tender Offer
If the Go Private Plan and the Delisting are approved at the Extraordinary General Meeting of
Shareholders (EGMS) (RUPSLB), APAC Investment 2 Pte. Ltd., as the Company’s main and
controlling shareholder, will make an offer to purchase the Company’s shares held by the
Company’s public shareholders through a Voluntary Tender Offer as regulated under OJK
Regulation No. 54/POJK.04/2015 on Voluntary Tender Offers.
1) Brief History
APAC Investment 2 Pte. Ltd. is a private limited company established under the laws of
Singapore on 29 October 2018 in Singapore.
2) Business Activities
The business activity actually carried out by APAC Investment 2 Pte. Ltd. is as an
investment holding company for the territory of Indonesia.
3) Capital Structure and Shareholding Composition
The capital structure and shareholding composition of APAC Investment 2 Pte. Ltd. as of
11 September 2026 are as follows:
Description Number of Shares at a Share Value (Singapore
Price of 1 Singapore Dollars)
Dollar per Share
Ordinary shares issued and 2 2
fully paid-up by APAC Realty
Limited
4) Management Composition
The management composition of APAC Investment 2 Pte. Ltd. is as follows:
Director : Lim Tong Weng
5) Summary of Financial Data
The following is a summary of key financial data based on the Consolidated Financial
Statements of APAC Investment 2 Pte. Ltd. for the year ended 31 December 2025.
Statement of Financial Position
(in Singapore Dollars)
Statement of Financial Year ended 31 December
Position 2025 2024 2023
Current Assets 691.268 1.251.094 1.281.911
Non-current Assets 10.552.587 10.552.587 10.552.587
Total Assets 11.243.855 11.803.681 11.834.498
Current Liabilities 13.944.418 13.913.006 13.894.240
Non-current Liabilities - - -
Total Liabilities 13.944.418 13.913.006 13.894.240
Equity (2.700.563) (2.109.325) (2.059.742)
Total Liabilities and Equity 11.243.855 11.803.681 11.834.498
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Statement of Profit or Loss
(in Singapore Dollars)
Year ended 31
Statement of December
Profit or Loss
2025 2024 2023
Revenue - - -
Cost of Revenue - - -
Gross Profit - - -
Profit/(Loss) for the Year (591.238) (49.583) (17.719)
Total
Comprehensive (49.583) (17.719)
(591.238)
Income/(Loss) for the Year
Key Financial Ratios
Description Year ended 31 December
2025 2024 2023
Current Ratio 0,05 0,09 0,09
Debt to Equity Ratio NA NA NA
Debt to Assets Ratio NA NA NA
Gross Profit Margin NA NA NA
Net Profit Margin NA NA NA
Return on Equity NA NA NA
Return on Assets (5,3%) (0,4%) (0,1%)
B. Voluntary Tender Offer Price
The offer price is the price to be offered by APAC Investment 2 Pte. Ltd. to the Company’s
shareholders for the purchase of shares through a Voluntary Tender Offer by APAC Investment
2 Pte. Ltd., in connection with the Go Private Plan and the Delisting (“VTO”) for up to 89,305,900
(eighty-nine million three hundred five thousand nine hundred) shares held by public
shareholders, representing 9.402% (nine point four zero two percent) of the total number of
shares issued and fully paid-up in the Company.
The VTO offer price will use the calculation formula as referred to in Article 36 letter (b) juncto
Article 39 letter (a) of POJK 45/2024, whereby for the Company’s shares listed and traded on the
IDX, the share purchase price must be higher than the average of the highest daily trading prices
on the stock exchange over the last 90 (ninety) days prior to the date of the GMS announcement,
namely Rp173 per share. Based on the foregoing, the price to be offered by APAC Investment 2
Pte. Ltd. to the shareholders is Rp250 per share (“Offer Price”).
If the Go Private Plan and the Delisting are approved at the Extraordinary General Meeting of
Shareholders (EGMS) (RUPSLB) and by the OJK and the IDX, then public shareholders who are
unwilling to sell their shares in the VTO will remain shareholders of the Company, whereby all of
the Company’s shares will no longer be listed on the IDX and the Company will have the status
of a private company.
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For information purposes, the calculation of the Offer Price based on the applicable provisions is
presented below:
Highest Price
No. Date Highest Price (Rp) No. Date
(Rp)
1 10 September 2026 204 46 27 July 2026 159
2 09 September 2026 188 47 26 July 2026 -
3 08 September 2026 190 48 25 July 2026 -
4 07 September 2026 192 49 24 July 2026 161
5 06 September 2026 - 50 23 July 2026 178
6 05 September 2026 - 51 22 July 2026 170
7 04 September 2026 188 52 21 July 2026 163
8 03 September 2026 189 53 20 July 2026 165
9 02 September 2026 187 54 19 July 2026 -
10 01 September 2026 193 55 18 July 2026 -
11 31 August 2026 179 56 17 July 2026 161
12 30 August 2026 - 57 16 July 2026 164
13 29 August 2026 - 58 15 July 2026 175
14 28 August 2026 184 59 14 July 2026 175
15 27 August 2026 188 60 13 July 2026 171
16 26 August 2026 188 61 12 July 2026 -
17 25 August 2026 - 62 11 July 2026 -
18 24 August 2026 190 63 10 July 2026 182
19 23 August 2026 - 64 09 July 2026 172
20 22 August 2026 - 65 08 July 2026 168
21 21 August 2026 185 66 07 July 2026 168
22 20 August 2026 190 67 06 July 2026 155
23 19 August 2026 185 68 05 July 2026 -
24 18 August 2026 171 69 04 July 2026 -
25 17 August 2026 - 70 03 July 2026 155
26 16 August 2026 - 71 02 July 2026 145
27 15 August 2026 - 72 01 July 2026 147
28 14 August 2026 168 73 30 June 2026 170
29 13 August 2026 168 74 29 June 2026 163
30 12 August 2026 175 75 28 June 2026 -
31 11 August 2026 176 76 27 June 2026 -
32 10 August 2026 182 77 26 June 2026 154
33 09 August 2026 - 78 25 June 2026 154
34 08 August 2026 - 79 24 June 2026 154
35 07 August 2026 181 80 23 June 2026 154
36 06 August 2026 186 81 22 June 2026 155
37 05 August 2026 181 82 21 June 2026 -
38 04 August 2026 169 83 20 June 2026 -
39 03 August 2026 168 84 19 June 2026 146
40 02 August 2026 - 85 18 June 2026 159
41 01 August 2026 - 86 17 June 2026 161
42 31 July 2026 167 87 16 June 2026 -
43 30 July 2026 173 88 15 June 2026 162
44 29 July 2026 176 89 14 June 2026 -
45 28 July 2026 168 90 13 June 2026 -
Source: www.idx.co.id
Total of Highest Prices Rp10,495
Trading Days 61
Average of Highest Prices Rp173
Offer Price Rp250
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ALL SHAREHOLDERS ARE ADVISED TO CONSULT WITH THEIR RESPECTIVE TAX ADVISERS IN
DETERMINING ANY TAX CONSEQUENCES THAT MAY ARISE IN CONNECTION WITH THE SALE OF
THEIR SHARES IN THE COMPANY.
V. EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
A. EGMS (RUPSLB) Schedule
The EGMS (RUPSLB) regarding the Go Private Plan and the Delisting will be held on Tuesday, 20
October 2026 at 10:00 a.m. WIB until completion at TCC Batavia Tower One, 8th Floor, Suite 3&5,
Jl. KH. Mas Mansyur Kav.126, Karet Tengsin Urban Village, Tanah Abang Sub-district, Central
Jakarta City. The EGMS (RUPSLB) will also be conducted electronically through the eASY.KSEI
facility pursuant to OJK Regulation No. 15/POJK.04/2020 dated 21 April 2020 on the Planning and
Implementation of General Meetings of Shareholders of Public Companies (“POJK 15/2020”) and
OJK Regulation No. 14/POJK.04/2025 dated 1 July 2025 on the Electronic Implementation of
General Meetings of Shareholders, General Meetings of Bondholders, and General Meetings of
Sukukholders (“POJK 14/2025”).
The announcement regarding the EGMS, together with this Information Disclosure, was published
on 11 September 2026 on the IDX website, the Company’s website, and the eASY.KSEI facility.
Shareholders entitled to attend the EGMS in relation to the agenda item for approval of the Go
Private and Delisting Plan are the Independent Shareholders whose names are recorded in the
Company’s Register of Shareholders on the Recording Date (as described below).
In this regard, the Company strongly urges all Independent Shareholders to:
(i) attend the EGMS either physically or electronically,
(ii) grant a proxy electronically through the eASY.KSEI facility, or
(iii) grant a proxy physically to a party designated by the Company’s Securities Administration
Bureau (“BAE”).
All of the Company’s Independent Shareholders who will attend the EGMS or grant a proxy in the
manner as referred to above must sign the Independent Shareholder statement letter available on
the Company’s website
( https://www.eraindonesia.com/) as of the date of the EGMS Notice or on 28
September 2026. The signed statement letter must be submitted to the Company and the BAE
before the EGMS registration is closed.
Further information regarding the implementation of the EGMS, including but not limited to the
procedures for attending or granting a proxy at the EGMS and the submission of the proxy form
and/or the Independent Shareholder statement letter as well as voting, will be provided in more detail
in the EGMS Notice dated 28 September 2026, which will be announced on the IDX website, the
Company’s website, and the eASY.KSEI facility.
B. Agenda of the EGMS
The agenda items of the EGMS for the Go Private and Delisting Plan are as follows:
First Agenda Item :
Approval of the plan to change the Company’s status to
a private company (“Go Private Plan”), which includes:
a. approval of the change of the Company’s status from a public
company to a private company;
b. approval of the delisting of the Company’s shares from the
Indonesia Stock Exchange (delisting);
c. approval of the appointment of the required supporting
professionals in connection with the Go Private Plan; and
d. granting full authority to the Company’s Board of Directors to take
any and all actions required or deemed necessary in connection
with the implementation or completion of the Go Private Plan.
Second Agenda Item : Approval of amendments to the Company’s entire Articles of Association in
connection with the change of the Company’s status from a public
company to a private company, including the adjustment of the
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Company’s name, as well as granting authority to the Company’s
Board of Directors to take all actions necessary to implement the
amendments to the Company’s Articles of Association.
Pursuant to POJK 45/2024 and POJK 15/2020, the First Agenda Item of the EGMS must be attended
by Independent Shareholders representing more than 1/2 of all voting shares held by Independent
Shareholders, and the resolution is adopted based on affirmative votes cast by Independent
Shareholders representing more than 1/2 (one half) of all valid voting shares held by Independent
Shareholders.
If the attendance quorum as referred to above is not achieved, the second EGMS may be held if the
EGMS is attended by more than 1/2 (one half) of the total number of valid voting shares held by
Independent Shareholders. The second EGMS may be convened no earlier than 10 (ten) days and
no later than 21 (twenty-one) days after the first EGMS is held.
Pursuant to Article 14 paragraph 2 of the Company’s Articles of Association, the Second Agenda
Item of the EGMS must be attended by shareholders representing at least 2/3 (two thirds) of the
total number of valid voting shares, and the resolution is valid if approved by more than 2/3 (two
thirds) of all voting shares present at the EGMS. Considering that the Second Agenda Item of the
EGMS constitutes a continuation of the First Agenda Item of the EGMS, if the quorum and approval
for the First Agenda Item of the EGMS are not obtained, the Company will not proceed with the
discussion of the Second Agenda Item.
If the Company obtains EGMS approval in respect of the Go Private and Delisting Plan, such
approval will also be deemed as approval for the series of processes of the Go Private and Delisting
Plan to be undertaken by the Company, which include:
a. the change of the Company’s status from a public company to a private company;
b. the delisting of the Company’s shares from the IDX/Delisting;
c. the appointment of the required supporting professionals;
d. approval of amendments to the Company’s entire Articles of Association in connection with
the Go Private Plan, including the change of the Company’s name; and
e. granting authority to the Company’s Board of Directors to take any and all actions required to
implement items (a), (b), (c) and (d).
VI. LEGAL ISSUES
As of the date of this Information Disclosure, the Company is not facing any legal issues or claims from
third parties that may materially affect the Company’s Go Private and Delisting Plan, and there is no
material ongoing legal proceeding involving the Company’s Board of Directors and/or Board of
Commissioners.
VII. LIST OF IMPORTANT DATES IN CONNECTION WITH THE PLAN
GO PRIVATE AND DELISTING
The estimated important dates in connection with the Go Private and Delisting Plan are as follows:
No. Activity Date
1. Notification of the EGMS agenda items to OJK 4 September 2026
2. Submission of the Go Private and Delisting Plan to the IDX, with a 7 September 2026
copy to OJK
3. Announcement of the EGMS and Information Disclosure of the Go 11 September 2026
Private and Delisting Plan
4. Record Date in the Register of Shareholders for shareholders entitled 25 September 2026
to attend
5. Notice of the EGMS 28 September 2026
6. EGMS 20 October 2026
7. Submission of the Voluntary Tender Offer Statement to 23 October 2026
OJK and announcement of the Voluntary Tender Offer Statement to
the public
8. Estimated date of OJK’s effective statement on the Voluntary Tender 17 December 2026
Offer*)
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No. Activity Date
9. Estimated date of announcement of rectification or supplementation to 18 December 2026
the Voluntary Tender Offer Statement – Final*)
10. Estimated commencement date of the Voluntary Tender Offer Period 21 December 2026
11. Estimated end date of the Voluntary Tender Offer Period 19 January 2027
12. Final payment date for the Voluntary Tender Offer 26 January 2027
13. Reporting of the results of the Voluntary Tender Offer to OJK 28 January 2027
14. Estimated approval date of the Minister of Law for the amendment to 2 February 2027
the Company’s articles of association*)
15. Estimated application for the revocation of the effectiveness of 8 February 2027
the Registration Statement in connection with a public offering of
equity securities or the
Registration Statement of a Public Company to OJK*)
16. Estimated date on which OJK revokes the effectiveness of the 26 February 2027
Registration Statement
in connection with a public offering of equity securities and/or the
Registration Statement of a Public Company*)
17. Estimated date on which the IDX cancels the listing of the Securities*) 18 March 2027
18. Estimated date on which KSEI cancels the collective custody*) 18 March 2027
*) the important dates above are provided as preliminary information to shareholders. All processes
remain subject to approvals from OJK, the IDX, KSEI, and other relevant authorized agencies.
VIII. OTHER INFORMATION
Shareholders who require further information regarding the Go Private and Delisting Plan may contact
the Company as follows:
PT Era Graharealty Tbk
TCC Batavia Tower One, 8th Floor, Suite 3-5
Jl. K.H. Mas Mansyur Kav. 126
Central Jakarta 10220
Telephone: (021) 2967 5123
Website: www.eraindonesia.com
Email: corsec@eraindonesia.com
PT Datindo Entrycom
Jl. Hayam Wuruk No.28, 2nd Floor
Central Jakarta 10120
Telephone: (021) 350 8077
Board of Directors
of the Company, 11
September 2026
12
Names mentioned 33 people and organisations named in the text · linked when the evidence is strong
unresolved
org
FINANCIAL SERVICES AUTHORITY
p.1
unresolved
person
K.H. Mas Mansyur
p.1 ×4
unresolved
org
INDONESIA STOCK EXCHANGE
p.1 ×3
unresolved
person
Gde Kertayasa
p.3
unresolved
org
Minister of Law and Human Rights
p.3 ×4
unresolved
org
Central Jakarta District Court
p.3
unresolved
person
Rini Yulianti
p.3
unresolved
org
PT Kencana Abadi
p.3
unresolved
org
PT Kencana Maju
p.3
unresolved
org
PT Kencana Mulia
p.4
unresolved
org
PT Fajar Wira
p.4
unresolved
org
PT Cahaya Era
p.4
unresolved
org
PT Fajar Inovasi
p.4
unresolved
org
PT Fajar Makmur
p.4
unresolved
org
PT Lani Harta
p.4
unresolved
org
PT Erasky Harta
p.4
unresolved
org
PT Era Pro Realty
p.4
unresolved
person
Notary Jose Dima Satria
p.4
unresolved
org
Ministry of Law and Human Rights
p.4 ×2
unresolved
org
PT Datindo Entrycom
p.4 ×2
unresolved
org
Pte. Ltd.
p.4 ×12
unresolved
person
Notary Yenny Widjaja
p.5
unresolved
org
APAC Realty Limited
p.7
unresolved
org
Minister of Law
p.12
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