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            KETERBUKAAN INFORMASI PT BEKASI FAJAR INDUSTRIAL ESTATE Tbk.
                     SEHUBUNGAN DENGAN TRANSAKSI AFILIASI

       DISCLOSURE OF INFORMATION OF PT BEKASI FAJAR INDUSTRIAL ESTATE Tbk.
                   IN RELATION TO AN AFFILIATED TRANSACTIONS
Keterbukaan Informasi ini dibuat dan ditujukan dalam rangka memenuhi Peraturan Otoritas Jasa Keuangan Nomor
42/POJK.04/2020 tentang Transaksi Afiliasi dan Transaksi Benturan Kepentingan (“POJK 42/2020”).

This Disclosure of Information is prepared and intended to comply with the Regulation of the Financial Services
Authority Number 42/POJK.04/2020 regarding Affiliated Transactions and Conflict of Interest Transactions (“POJK
42/2020”).




                                 PT Bekasi Fajar Industrial Estate Tbk.
                            Kegiatan Usaha / Business Activities:
 Pembangunan dan pengelolaan kawasan industri dan properti berikut seluruh sarana dan prasarana
  pendukungnya / Development and management of industrial estates and properties, including all
                           supporting facilities and infrastructure
                 Berkedudukan di Bekasi, Indonesia / Domiciled in Bekasi, Indonesia

         Kantor Pusat / Head Office:                               Kantor Cabang / Branch Office
          Kawasan Industri MM2100                                  Wisma Argo Manunggal, Lantai 10
                 Jl. Sumatera                                       Jl. Jendral Gatot Subroto Kav.22
   Desa Gandasari, Kecamatan Cikarang Barat                                   Jakarta 12930
               Kabupaten Bekasi                                         Telepon: +62 (21) 252 5334
           Telepon: +62 21 898 0133                                    Faksimili: +62 (21) 252 0087
          Faksimili +62 21 898 0157
                                             Website: www.befa.id
                                             Email: corsec@befa.id
Keterbukaan Informasi ini ditujukan kepada para Pemegang Saham Perseroan dalam rangka pelaksanaan Transaksi
Afiliasi yang melibatkan Perseroan dan Entitas Anak Perseroan sebagaimana akan dijelaskan di dalam Keterbukaan
Informasi ini./
This Disclosure of Information is provided to the Shareholders of the Company in relation to the Affiliated
Transactions which will be carried out by the Company and a Subsidiary of the Company as will be explained in this
Disclosure of Information.

DIREKSI DAN DEWAN KOMISARIS PERSEROAN, BERTANGGUNG JAWAB SEPENUHNYA ATAS KEBENARAN DAN
KELENGKAPAN INFORMASI SEBAGAIMANA DIUNGKAPKAN DI DALAM KETERBUKAAN INFORMASI INI, DAN
SETELAH MELAKUKAN PENELITIAN SECARA SEKSAMA, MENEGASKAN BAHWA SEPANJANG PENGETAHUAN DAN
KEYAKINAN MEREKA TIDAK ADA FAKTA PENTING YANG TIDAK DIUNGKAPKAN ATAU DIHILANGKAN DALAM
KETERBUKAAN INFORMASI INI SEHINGGA MENYEBABKAN INFORMASI YANG DIBERIKAN DALAM KETERBUKAAN
INFORMASI INI MENJADI TIDAK BENAR DAN/ATAU MENYESATKAN. /
THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS OF THE COMPANY, ARE FULLY RESPONSIBLE
FOR THE TRUENESS AND COMPLETENESS OF THE INFORMATION AS SET OUT IN THIS DISCLOSURE, AND AFTER
CAREFUL REVIEW, HEREBY CONFIRM THAT TO THE BEST OF THEIR KNOWLEDGE AND BELIEF, THERE IS NO
MATERIAL INFORMATION THAT IS NOT DISCLOSED IN OR OMITTED FROM THIS DISCLOSURE WHICH MAY CAUSE
THIS DISCLOSURE TO BE INCORRECT AND/OR MISLEADING.

                    Keterbukaan Informasi ini diterbitkan di Jakarta pada tanggal 4 Juni 2026/
                        This Disclosure of Information is issued in Jakarta on 4 June 2026
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I.     LATAR BELAKANG / BACKGROUND


PT Bekasi Fajar Industrial Estate Tbk          PT Bekasi Fajar Industrial Estate Tbk
(“Perseroan” atau “BEFA”) merupakan            (“Company” or “BEFA”) is the controlling
entitas pengendali dari PT Bekasi Matra        entity of PT Bekasi Matra Industrial Estate
Industrial Estate (“BMIE”), dengan             (“BMIE”), with a 99.99% share ownership in
kepemilikan saham sebesar 99,99% pada          BMIE. BMIE is engaged in industrial estate
BMIE. BMIE bergerak dalam kegiatan             management activities and owns fiber optic
pengelolaan kawasan industri dan               network cables assets and supporting
memiliki aset kabel jaringan fiber optik dan   equipment utilized to support the operations
alat pendukung yang digunakan dalam            of the industrial estate.
menunjang kegiatan usaha kawasan
industri.

Sehubungan dengan pengembangan                 In connection with the development of
infrastruktur jaringan dan peningkatan         network infrastructure and the enhancement
layanan telekomunikasi/data di kawasan         of telecommunication/data services within
industri MM2100, BMIE berencana                the MM2100 Industrial Town, BMIE plans to
melakukan penjualan kabel jaringan fiber       sell its fiber optic network cables and
optik dan peralatan pendukung miliknya         supporting equipment to PT Kawasan Lintas
kepada PT Kawasan Lintas Biru Digital          Biru Digital (“KLBD”) as the purchaser, which
(“KLBD”) selaku pihak pembeli, yang            is an affiliated party of the Company. Such
merupakan pihak afiliasi Perseroan.            plan shall hereinafter be referred to as the
Rencana tersebut selanjutnya disebut           “Proposed Transaction”.
sebagai “Rencana Transaksi”.

Melalui Rencana Transaksi ini, KLBD            Through the Proposed Transaction, KLBD is
diharapkan dapat melakukan pengelolaan         expected to manage and further develop the
dan pengembangan infrastruktur jaringan        fiber optic network infrastructure more
fiber optik secara lebih optimal guna          optimally in order to support the digital
mendukung kebutuhan infrastruktur digital      infrastructure and connectivity needs within
dan konektivitas di kawasan industri           the MM2100 Industrial Town.
MM2100.

Rencana Transaksi merupakan Transaksi          The Proposed Transaction constitutes an
Afiliasi sebagaimana dimaksud dalam            Affiliated Transaction as referred to in the
Peraturan Otoritas Jasa Keuangan Nomor         Financial Services Authority Regulation No.
42/POJK.04/2020 tentang Transaksi Afiliasi     42/POJK.04/2020       concerning     Affiliated
dan Transaksi Benturan Kepentingan             Transactions and Conflict of Interest
(“POJK    42/2020”),    karena    adanya       Transactions (“POJK 42/2020”), due to the
hubungan afiliasi antara BMIE dan KLBD,        affiliated relationship between BMIE and
sebagaimana dijelaskan lebih lanjut dalam      KLBD, as further described in this Disclosure
Keterbukaan Informasi ini.                     of Information.

Keterbukaan Informasi ini dibuat untuk         This Disclosure of Information is prepared to
memenuhi ketentuan Pasal 22 POJK               comply with the provisions of Article 22 of
42/2020, dimana dalam hal Transaksi            POJK 42/2020, whereby if an Affiliated
Afiliasi dilakukan oleh Perusahaan             Transaction is conducted by a Controlled
Terkendali yang bukan merupakan                Company which is not a Public Company, but
Perusahaan Terbuka namun laporan               whose financial statements are consolidated
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keuangannya dikonsolidasikan dengan             with those of a Public Company, the Public
Perusahaan Terbuka, maka Perusahaan             Company is required to comply with the
Terbuka wajib memenuhi ketentuan                provisions stipulated under POJK 42/2020.
sebagaimana diatur dalam POJK 42/2020.

Rencana Transaksi ini telah melalui             The Proposed Transaction has undergone the
prosedur sebagaimana diatur dalam Pasal         procedures as stipulated under Article 3 of
3 POJK 42/2020 dan dilaksanakan                 POJK 42/2020 and is carried out based on the
berdasarkan prinsip kewajaran dan praktik       principle of fairness and generally accepted
bisnis yang berlaku umum (arm’s-length          business practices (arm’s-length principle).
principle).

Sesuai dengan ketentuan Pasal 4 ayat (1)        In accordance with the provisions of Article 4
POJK 42/2020, Perseroan wajib melakukan         paragraph (1) of POJK 42/2020, the Company
keterbukaan informasi kepada masyarakat         is required to disclose information to the
dan menyampaikan dokumen pendukung              public and submit supporting documents
terkait Transaksi Afiliasi kepada Otoritas      related to the Affiliated Transaction to the
Jasa Keuangan paling lambat 2 (dua) hari        Financial Services Authority no later than 2
kerja setelah transaksi dilaksanakan.           (two) working days after the transaction is
Dalam rangka memenuhi ketentuan                 executed. In order to comply with such
tersebut, Perseroan telah menunjuk Kantor       provisions, the Company has appointed
Jasa Penilai Publik Dasa’at, Yudistira dan      Public Appraisal Firm Dasa’at, Yudistira dan
Rekan (“DYR”) sebagai Penilai Independen        Rekan (“DYR”) as the Independent Appraiser
untuk memberikan pendapat kewajaran             to provide a fairness opinion on the Proposed
atas Rencana Transaksi.                         Transaction.

Berdasarkan hasil penelaahan Perseroan          Based on the Company’s review and the
dan pendapat kewajaran dari Penilai             fairness opinion of the Independent
Independen, Rencana Transaksi ini               Appraiser,    the     Proposed     Transaction
merupakan Transaksi Afiliasi dan bukan          constitutes an Affiliated Transaction and does
merupakan        (i)   Transaksi    Benturan    not constitute (i) a Conflict of Interest
Kepentingan sebagaimana dimaksud                Transaction as referred to in POJK 42/2020, (ii)
dalam POJK 42/2020, (ii) Transaksi Material     a Material Transaction as referred to in
sebagaimana dimaksud dalam Peraturan            Financial Services Authority Regulation No.
Otoritas       Jasa     Keuangan       Nomor    17/POJK.04/2020        concerning      Material
17/POJK.04/2020         tentang     Transaksi   Transactions and Changes in Business
Material dan Perubahan Kegiatan Usaha,          Activities, nor (iii) a transaction that may
serta    (iii)    transaksi   yang      dapat   disrupt the continuity of the Company’s
mengakibatkan                   terganggunya    business activities, therefore it does not
kelangsungan usaha Perseroan, sehingga          require prior approval from the Company’s
tidak memerlukan persetujuan terlebih           independent shareholders in a General
dahulu dari pemegang saham independen           Meeting of Shareholders.
Perseroan dalam Rapat Umum Pemegang
Saham.

Dalam melaksanakan Rencana Transaksi            In carrying out the Proposed Transaction, the
ini,   Perseroan     akan     senantiasa        Company shall always observe and comply
memperhatikan dan mematuhi ketentuan            with the prevailing laws and regulations,
peraturan perundang-undangan yang               including but not limited to regulations in the
berlaku, termasuk namun tidak terbatas          Capital Market sector and Law of the Republic
pada ketentuan di bidang Pasar Modal dan        of Indonesia No. 40 of 2007 concerning
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Undang-Undang    Republik   Indonesia       Limited Liability Companies, including its
Nomor 40 Tahun 2007 tentang Perseroan       amendments.
Terbatas      beserta     perubahan-
perubahannya.

Keterbukaan Informasi ini dibuat dalam      This Disclosure of Information is prepared in
Bahasa Inggris dan Bahasa Indonesia.        both English and Indonesian languages. In the
Apabila terdapat perbedaan interpretasi     event of any discrepancy in interpretation
antara versi Bahasa Inggris dan Bahasa      between the English version and the
Indonesia, maka versi Bahasa Indonesia      Indonesian version, the Indonesian version
akan berlaku, dan versi Bahasa Inggris      shall prevail, and the English version shall
hanya akan berlaku sebagai referensi.       only serve as a reference.


 II.      KETERANGAN MENGENAI TRANSAKSI / INFORMATION OF THE TRANSACTION


A. Uraian Mengenai Rencana Transaksi / Description of the Transaction

Keterangan Rencana Transaksi /                  Penjelasan / Explanation
Description of the Proposed
Transaction
Judul Perjanjian                  Perjanjian Jual Beli Kabel Jaringan Fiber Optik dan Alat
                                  Pendukung Lainnya antara PT Bekasi Matra Industrial
                                  Estate dan PT Kawasan Lintas Biru Digital
Agreement Title
                                  Sale and Purchase Agreement of Fiber Optic Network
                                  Cables and Supporting Equipment between PT Bekasi
                                  Matra Industrial Estate and PT Kawasan Lintas Biru
                                  Digital
Para Pihak                        PT Bekasi Matra Industrial Estate (“BMIE”) selaku
                                  penjual dan PT Kawasan Lintas Biru Digital (“KLBD”)
                                  selaku pembeli

Parties                           PT Bekasi Matra Industrial Estate (“BMIE”) as the seller
                                  and PT Kawasan Lintas Biru Digital (“KLBD”) as the
                                  purchaser
Tanggal Perjanjian                2 Juni 2026

Agreement Date                    2 June 2026

Objek Transaksi                   Kabel Jaringan fiber optik beserta peralatan dan
                                  perangkat pendukung jaringan milik BMIE yang
                                  digunakan     dalam    menunjang     infrastruktur
                                  telekomunikasi dan konektivitas kawasan industri
                                  MM2100
Transaction Object
                                  Fiber optic network cables together with supporting
                                  equipment and network devices owned by BMIE, which
                                  are utilized to support the telecommunication
Page 5
                                    infrastructure and connectivity within the MM2100
                                    Industrial Town

Nilai Transaksi                     Rp12.192.100.000,-
                                    (dua belas miliar seratus sembilan puluh dua juta
Transaction Value                   seratus ribu Rupiah)
                                    Rp12,192,100,000
                                    (twelve billion one hundred ninety-two million one
                                    hundred thousand Rupiah)

Hukum yang Berlaku                  Hukum Republik Indonesia

Governing Law                       Laws of the Republic of Indonesia

Penyelesaian Sengketa               Para Pihak sepakat bahwa setiap perselisihan yang
                                    timbul sehubungan dengan pelaksanaan Perjanjian
                                    akan diselesaikan terlebih dahulu secara musyawarah
                                    untuk mufakat. Dalam hal musyawarah tidak mencapai
                                    kesepakatan, maka sengketa akan diselesaikan melalui
                                    Pengadilan Negeri Cikarang.

Dispute Resolution                  The parties agree that any dispute arising in connection
                                    with the implementation of the Agreement shall first be
                                    resolved amicably through deliberation to reach
                                    consensus. In the event that such deliberation fails to
                                    reach an agreement, the dispute shall be resolved
                                    through Cikarang National Court.


B. Pihak yang Terlibat dalam Transaksi       B. Parties involved in the Transaction

BEFA
1. Informasi Umum                            1. General Information

   BEFA (“Perseroan”) berkedudukan di           BEFA (the “Company”), domiciled in Bekasi
   Kabupaten Bekasi, adalah suatu               Regency, is a limited liability company
   perseroan terbatas yang didirikan dan        established and operating under and by
   menjalankan      kegiatan    usahanya        virtue of the prevailing laws and regulations
   menurut dan berdasarkan peraturan            of the Republic of Indonesia. The Company
   perundang-undangan yang berlaku di           was established pursuant to Deed of
   Republik      Indonesia.    Perseroan        Establishment No. 199 dated 24 August
   didirikan sesuai dengan Akta Pendirian       1989,      drawn    up     before    Winanto
   No. 199 tanggal 24 Agustus 1989 yang         Wiryomartani, S.H., Notary in Jakarta, as
   dibuat     di     hadapan     Winanto        amended by Deed of Amendment No. 7
   Wiryomartani, S.H., Notaris di Jakarta,      dated 4 December 1989, drawn up before
   sebagaimana diubah dengan Akta               Winanto Wiryomartani, S.H., Notary in
   Perubahan No. 7 tanggal 4 Desember           Jakarta. Both deeds were approved by the
   1989 yang dibuat di hadapan Winanto          Minister of Justice of the Republic of
   Wiryomartani, S.H., Notaris di Jakarta.      Indonesia pursuant to Decision No. C2-886
   Kedua akta tersebut telah mendapat           HT.01.01.Th.90 dated 21 February 1990.
   pengesahan oleh Menteri Kehakiman
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   Republik        Indonesia    dalam
   keputusannya tertanggal 21 Februari
   1990      dengan      No.   C2-886
   HT.01.01.Th.90.

   Perseroan melakukan perubahan                 The Company amended its entire Articles of
   seluruh Anggaran Dasar berdasarkan            Association pursuant to the Resolution of the
   Keputusan Para Pemegang Saham                 Shareholders of the Company No. 49 dated 9
   Perseroan No. 49 tanggal 9 Desember           December 2011 in connection with the Initial
   2011 dalam rangka Penawaran Umum              Public Offering (IPO). Such amendments
   Perdana Saham (IPO). Perubahan                included, among others, the increase of
   tersebut    meliputi     antara     lain      authorized capital, issued and paid-up
   peningkatan modal dasar, modal                capital, changes in nominal value and share
   ditempatkan dan disetor, perubahan            classification, the change of the Company’s
   nilai nominal dan klasifikasi saham,          status from a private company to a public
   perubahan status Perseroan dari               company, and the change of the Company’s
   perusahaan        tertutup     menjadi        name to PT Bekasi Fajar Industrial Estate
   perusahaan terbuka, dan perubahan             Tbk. The resolution regarding the
   nama Perseroan menjadi PT Bekasi              amendment of the entire Articles of
   Fajar Industrial Estate Tbk. Keputusan        Association was approved by the Minister of
   mengenai        perubahan       seluruh       Law and Human Rights of the Republic of
   Anggaran Dasar tersebut telah                 Indonesia pursuant to Decision No. AHU-
   memperoleh         persetujuan      dari      62997.AH.01.02.Tahun 2011 dated 20
   Menkumham Republik Indonesia                  December 2011.
   dengan keputusannya No. AHU-
   62997.AH.01.02.Tahun 2011 tanggal 20
   Desember 2011.

   Anggaran dasar Perseroan telah                The Company’s Articles of Association have
   mengalami beberapa kali perubahan             been amended several times, with the latest
   dan perubahan terakhir berdasarkan            amendment made pursuant to Deed No. 18
   Akta No. 18 tanggal 8 Maret 2024, yang        dated 8 March 2024, drawn up before Aulia
   dibuat di hadapan Aulia Taufani, SH.,         Taufani, S.H., Notary in Jakarta, and
   Notaris di Jakarta dan telah mendapat         approved by the Minister of Law and Human
   persetujuan dari Menteri Hukum dan            Rights of the Republic of Indonesia pursuant
   Hak Asasi Manusia Republik Indonesia          to     Decision     Letter     No.     AHU-
   dengan Surat Keputusan No. AHU-               0018983.AH.01.02.Tahun 2024 dated 25
   0018983.AH.01.02. Tahun 2024 tanggal          March 2024.
   25 Maret 2024.

2. Kegiatan Usaha                             2. Business Activities

   Berdasarkan Pasal 3 Anggaran Dasar,           Based on Article 3 of the Articles of
   maksud dan tujuan Perseroan adalah            Association the Company, aims, objectives
   menjalankan usaha dalam bidang                and business activities are to perform
   pengelolaan kawasan industri (real            business in industrial estate management
   estate, pengelolaan air, rekreasi,            (real estate, water management, recreation,
   penyediaan makan minum dan                    food and drink provider, professional
   aktivitas     profesional)     dan            activities) and development (construction).
   pembangunan (konstruksi).
Page 7
3. Struktur Pengurus                       3.   Management Structure

   Susunan pengurus Perseroan adalah            The composition of the             Company’s
   sebagai berikut:                             management is as follows:


  Dewan Komisaris / Board of Commissioners
  Komisaris Utama merangkap Komisaris Independen /         :      I Gusti Putu
  President Commissioner concurrently serving as                  Suryawirawan
  Independent Commissioner
  Komisaris / Commissioner                                 :      Yoshihiro Kobi
  Komisaris Independen / Independent Commissioner          :      Herbudianto
  Komisaris Independen / Independent Commissioner          :      Wahyu Hidayat


  Direksi / Board of Directors
  Direktur Utama / President Director                      :      Leo Yulianto Sutedja
  Direktur / Director                                      :      Swan Mie Rudy Tanardi
  Direktur / Director                                      :      Hiroki Yoshitake




4. Struktur Permodalan dan Kepemilikan 4. Capital Structure and Share Ownership
   Saham

   Struktur permodalan dan kepemilikan          The capital structure and share ownership
   saham Perseroan pada saat                    composition of the Company as of the date
   Keterbukaan Informasi ini diterbitkan        of this Disclosure of Information are as
   adalah sebagai berikut:                      follows:

   Modal Dasar/ Authorized Capital          :                        Rp. 2.800.000.000.000
   Modal Ditempatkan / Issued Capital       :                         Rp. 964.731.115.000
   Modal Disetor / Paid-up Capital          :                         Rp. 964.731.115.000



  Modal saham dengan nilai nominal              Share capital with a nominal value of Rp100
  Rp100 per saham , Modal dasar sebesar         per share, consisting of an authorized capital
  28.000.000.000     saham.      Modal          of 28,000,000,000 shares. The issued and
  ditempatkan     dan disetor penuh             fully   paid-up     capital    amounts      to
  sebesar 9.647.311.150 saham                   9,647,311,150 shares.

  Susunan kepemilikan saham                     The composition of the Company’s share
  Perseroan berdasarkan Daftar                  ownership based on the Company’s Register
  Pemegang Saham Perseroan per 31               of Shareholders as of 31 December 2025,
  Desember 2025 yang dikeluarkan oleh           issued by PT Raya Saham Registra, is as
  PT Raya Saham Registra adalah                 follows:
  sebagai berikut:
Page 8
  Nama Pemegang Saham                 Jumlah Saham        Persentase dari
  Name of Shareholder                 Number of Shares    Jumlah (%)
                                                          Percentage of Total (%)
  PT Argo Manunggal Land                    4.643.604.400                     48,14
  Development
  Nomura Singapore Limited S/A               964.750.000                        10,00
  Daiwa House Industry Corporate
  Ltd.
  Hungkang Sutedja                              7.000.000                        0,07
  Publik/Public                             4.031.956.750                       41,79
  Jumlah/Total                              9.647.311.150                      100,00


BMIE
1. Informasi Umum                            1. General Information

   BMIE      (“Perusahaan”)     didirikan        BMIE (the “Company”) was established
   berdasarkan akta No. 40 tanggal 16 Mei        based on Deed No. 40 dated 16 May 1990,
   1990, No. 19 tanggal 5 Oktober 1990           Deed No. 19 dated 5 October 1990, both
   dari Winanto Wiryomartani, S.H.,              drawn up before Winanto Wiryomartani,
   Notaris di Jakarta dan akta No.287            S.H., Notary in Jakarta, and Deed No. 287
   tanggal 14 Desember 1993 dari Ny. Erly        dated 14 December 1993 drawn up before
   Soehandjojo, S.H., Notaris di Jakarta         Ny. Erly Soehandjojo, S.H., Notary in
   dan telah mendapat pengesahan dari            Jakarta, and was approved by the Minister
   Menteri Kehakiman Republik Indonesia          of Justice of the Republic of Indonesia
   dengan Surat Keputusan No.02-                 pursuant to Decision Letter No. 02-
   1126.HT.01.01.TH 94 tanggal 26 Januari        1126.HT.01.01.TH 94 dated 26 January
   1994.                                         1994.

   Anggaran dasar Perusahaan telah               The Company’s Articles of Association
   disesuaikan dengan Undang-Undang              were adjusted to comply with Limited
   Perseroan Terbatas No. 40 Tahun 2007          Liability Company Law No. 40 of 2007
   berdasarkan akta No. 9 tanggal                pursuant to Deed No. 9 dated 4 June 2008
   4 Juni 2008 dari Ny. Erly Soehandjojo,        drawn up before Ny. Erly Soehandjojo,
   S.H., Notaris di Jakarta dan telah            S.H., Notary in Jakarta, and were
   mendapatkan pengesahan dari Menteri           approved by the Minister of Law and
   Hukum dan Hak Asasi Manusia                   Human Rights of the Republic of
   Republik Indonesia dengan Keputusan           Indonesia pursuant to Decision No. AHU-
   No. AHU-50107.AH.01.02.Tahun 2008             50107.AH.01.02.Tahun 2008 dated 12
   tanggal 12 Agustus 2008.                      August 2008.

   Anggaran dasar telah mengalami                The Articles of Association have been
   beberapa kali perubahan, perubahan            amended several times, with the latest
   terakhir berdasarkan akta No. 10              amendment made pursuant to Deed No.
   tanggal 21 Mei 2024 dari Belinda Alvia        10 dated 21 May 2024 drawn up before
   Edison, S.H., M.Kn., Notaris di               Belinda Alvia Edison, S.H., M.Kn., Notary
   Kabupaten Tangerang dan Perusahaan            in Tangerang Regency, and the Company
   telah memberitahukan kepada Menteri           has notified the Minister of Law and
   Hukum dan Hak Asasi Manusia                   Human Rights of the Republic of
   Republik Indonesia dan telah diterima         Indonesia, which notification has been
Page 9
  dan    dicatat   berdasarkan    Surat          received and recorded pursuant to
  Penerimaan Pemberitahuan No. AHU-              Receipt of Notification Letter No. AHU-
  AH.01.03-0120324 tanggal 27 Mei 2024.          AH.01.03-0120324 dated 27 May 2024.
  Bersamaan dengan akta tersebut,                Simultaneously with such deed, the
  Pemegang       saham      menyetujui           shareholders approved the change in the
  perubahan jenis perseroan dari                 type of company from a Foreign
  Perusahaan Penanaman Modal Asing               Investment Company (PMA) to a
  (PMA) menjadi Perusahaan Penanaman             Domestic Investment Company (PMDN).
  Modal Dalam Negeri (PMDN).

2. Kegiatan Usaha                           2. Business Activities

  Sesuai dengan pasal 3 anggaran dasar           In accordance with Article 3 of the
  Perusahaan, maksud dan tujuan serta            Company’s Articles of Association, the
  kegiatan usaha Perusahaan adalah               purposes, objectives, and business
  menjalankan usaha dalam bidang real            activities of the Company are to engage in
  estate, konstruksi, pengelolaan air dan        the fields of real estate, construction,
  pengelolaan air limbah, penyediaan             water management and wastewater
  makan minum, rekreasi, dan aktivitas           management, food and beverage
  profesional dan ilmiah.                        provision, recreation, and professional
                                                 and scientific activities.

  Perusahaan berkedudukan di Kawasan             The Company is domiciled in MM2100
  Industri MM2100, Desa Gandasari,               Industrial Town, Gandasari Village, West
  Kecamatan Cikarang Barat, Bekasi.              Cikarang District, Bekasi. The Company
  Perusahaan mempunyai kavling tanah             owns land plots and land for development
  dan      memiliki      tanah  untuk            located in West Cikarang District, Bekasi
  dikembangkan yang berkedudukan di              Regency, West Java Province.
  Kecamatan Cikarang Barat, Kabupaten
  Bekasi, Provinsi Jawa Barat.

  Kegiatan usaha Perusahaan sampai               To date, the Company’s business activities
  dengan saat ini, bergerak dalam bidang         are engaged in the development and
  pembangunan        dan     pengelolaan         management of industrial estates and
  kawasan industri dan properti berikut          properties, including all supporting
  seluruh   sarana      dan    prasarana         facilities and infrastructure. The Company
  pendukungnya. Perusahaan mulai                 commenced its commercial operations in
  beroperasi secara komersial tahun              2010.
  2010.

3. Struktur Pengurus                        3. Management Structure

   Susunan pengurus BMIE terakhir per            The    latest    composition of   the
   tanggal 2 Februari 2026 adalah sebagai        management of BMIE’s as of 2 February
   berikut:                                      2026 is as follows:


    Dewan Komisaris / Board of
    Commissioners                            :       Hartono
    Komisaris / Commissioners
Page 10
    Direksi / Board of Directors
    Direktur Utama / President Director              :      Leo Yulianto Sutedja
    Direktur / Director                              :      Swan Mie Rudy Tanardi



4. Struktur Permodalan dan Kepemilikan              4. Capital Structure and Share Ownership
   Saham
                                                         The capital structure and share
   Struktur permodalan dan kepemilikan                   ownership composition of BMIE as of the
   saham BMIE pada saat Keterbukaan                      date of this Disclosure of Information are
   Informasi ini diterbitkan adalah                      as follows:
   sebagai berikut:


   Modal Dasar/ Authorized Capital              :                           Rp. 800.000.000.000
   Modal Ditempatkan/ Issued Capital            :                           Rp. 628.934.370.000
   Modal Disetor/ Paid-up Capital               :                           Rp. 628.934.370.000


   Modal saham dengan nilai nominal                      Share capital with a nominal value of
   Rp1.000,- per saham. Modal dasar                      Rp1,000 per share, consisting of an
   800.000.000      saham.    Modal                      authorized capital of 800,000,000
   ditempatkan dan disetor penuh                         shares. The issued and fully paid-up
   sebesar 628.934.370 saham.                            capital amounts to 628,934,370 shares.

   Susunan kepemilikan BMIE adalah                  The shareholding composition of BMIE is as
   sebagai berikut:                                 follows:


  Nama Pemegang Saham                      Jumlah Saham         Persentase dari
  Name of Shareholder                      Number of Shares     Jumlah (%)
                                                                Percentage of Total (%)
  PT Bekasi Fajar Industrial Estate Tbk.            628.884.370                 99,992050
  PT Argo Manunggal International                        50.000                  0,007950
  Jumlah/Total                                      628.934.370                     100,00


KLBD
1. Informasi umum                              1. General Information

   KLBD     (“Perusahaan”)      didirikan           KLBD (the “Company”) was established
   berdasarkan Akta Notaris No. 4 tanggal           based on Notarial Deed No. 4 dated 13
   13 Oktober 2020 oleh Audrey Tedja,               October 2020 drawn up before Audrey Tedja,
   S.H., M.Kn., Notaris di Kota                     S.H., M.Kn., Notary in the Administrative City
   Administrasi Jakarta Barat. Akta                 of West Jakarta. The Deed of Establishment
   Pendirian ini telah disahkan oleh                was approved by the Minister of Law and
   Menteri Hukum dan Hak Asasi Manusia              Human Rights of the Republic of Indonesia
   Republik Indonesia dalam Surat                   pursuant to Decision Letter No. AHU-
   Keputusan          No.           AHU-
Page 11
   0053073.AH.01.01       Tahun      2020        0053073.AH.01.01 Tahun 2020 dated 14
   tertanggal 14 Oktober 2020.                   October 2020.

   Kantor Perusahaan berlokasi di                The Company’s office is located in MM2100
   Kawasan Industri MM2100, Kecamatan            Industrial Town, West Cikarang District,
   Cikarang Barat, Kabupaten Bekasi,             Bekasi Regency, West Java Province 17530.
   Provinsi Jawa Barat 17530. Perusahaan         The Company commenced its commercial
   memulai operasi komersialnya sejak            operations in 2021.
   tahun 2021.


2. Kegiatan Usaha                             2. Business Activities

   Sesuai dengan Pasal 3 Anggaran Dasar,         In accordance with Article 3 of the Articles of
   Perusahaan menjalankan kegiatan               Association, the Company conducts
   usaha dalam beberapa bidang seperti           business activities in several sectors,
   bidang    aktivitas     telekomunikasi        including       cable     telecommunications
   dengan kabel, internet service provider,      activities, internet service provider services,
   portal web dan/atau platform digital          web portals and/or digital platforms for non-
   tanpa tujuan komersial, portal web            commercial purposes, and web portals
   dan/atau platform digital dengan              and/or digital platforms for commercial
   tujuan komersial.                             purposes.

3. Struktur Pengurus                          3. Management Structure

   Susunan pengurus        KLBD    adalah        The composition of KLBD’s management is
   sebagai berikut:                              as follows:


    Dewan Komisaris / Board of
    Commissioners
    Komisaris / Commissioners                     :      Rahmadi


    Direksi / Board of Directors
    Direktur / Director                           :      Djoko Widjaja



4. Struktur Permodalan dan Kepemilikan 4. Capital Structure and Share Ownership
   Saham

   Struktur permodalan dan kepemilikan           The capital structure and share ownership
   saham KLBD pada saat Keterbukaan              composition of KLBD as of the date of this
   Informasi ini diterbitkan adalah              Disclosure of Information are as follows:
   sebagai berikut:
Page 12
   Nama Pemegang Saham                     Jumlah Saham         Persentase dari
   Name of Shareholder                     Number of Shares     Jumlah (%)
                                                                Percentage of Total (%)
   Leo Yulianto Sutedja                                 593.750                        95
   Djoko Widjaja                                         31.250                         5
   Jumlah/Total                                         625.000                       100


 III.   SIFAT HUBUNGAN AFILIASI DARI PIHAK YANG BERTRANSAKSI /
        CHARACTERISTICS OF THE AFFILIATE RELATIONSHIP BETWEEN THE PARTIES
        CONDUCTING THE TRANSACTION


Hubungan Afiliasi Berdasarkan Struktur              Affiliated Relationship Based on Management
Kepengurusan dan Kepemilikan                        Structure and Share Ownership


 Entitas / Entity         Struktur                  Struktur               Keterangan
                          Kepemilikan /             Kepengurusan /         Hubungan Afiliasi /
                          Ownership                 Management             Affiliated
                          Structure                 Structure              Relationship
 PT Bekasi Fajar          -                                                Perusahaan Terbuka
 Industrial Estate Tbk                              Direktur Utama: Leo    Public Company
 (“BEFA”)                                           Yulianto Sutedja

 PT Bekasi Matra          Dimiliki 99,99% oleh      Direktur Utama: Leo    Perusahaan
 Industrial Estate        99.99% owned by           Yulianto Sutedja       terkendali BEFA
 (“BMIE”)                 BEFA.                                            BEFA’s Controlled
                                                                           Company
 PT Kawasan Lintas        Dimiliki 95% oleh         -                      Pihak afiliasi dalam
 Biru Digital (“KLBD”)    95% owned by                                     Rencana Transaksi
                          Leo Yulianto Sutedja                             Affiliated Party in the
                                                                           Proposed
                                                                           Transaction


Struktur kepengurusan dan kepemilikan               Such management and ownership structure
tersebut menunjukkan adanya hubungan                indicates the existence of an affiliated
afiliasi antara PT Bekasi Fajar Industrial Estate   relationship between PT Bekasi Fajar
Tbk (“BEFA”), PT Bekasi Matra Industrial            Industrial Estate Tbk (“BEFA”), PT Bekasi
Estate (“BMIE”), dan PT Kawasan Lintas Biru         Matra Industrial Estate (“BMIE”), and PT
Digital (“KLBD”), dimana Bapak Leo Yulianto         Kawasan Lintas Biru Digital (“KLBD”), whereby
Sutedja menjabat sebagai Direktur Utama             Mr. Leo Yulianto Sutedja serves as President
pada BEFA dan BMIE serta memiliki 95,00%            Director of both BEFA and BMIE and holds
saham pada KLBD.                                    95,00% of the shares in KLBD.
Page 13
 IV.   RINGKASAN PENDAPAT KEWAJARAN / SUMMARY OF THE FAIRNESS OPINION
       REPORT


Perseroan telah menunjuk Kantor Jasa           The Company has appointed Public Appraisal
Penilai Publik Dasa’at, Yudistira dan Rekan    Firm, Dasa’at, Yudistira dan Rekan (“DYR”) as
(“DYR”) selaku Penilai Independen untuk        the Independent Appraiser to provide a
memberikan pendapat kewajaran (fairness        fairness opinion on the Proposed Transaction
opinion) atas Rencana Transaksi sesuai         in accordance with the provisions of Financial
dengan ketentuan Peraturan Otoritas Jasa       Services     Authority     Regulation       No.
Keuangan       Nomor      42/POJK.04/2020      42/POJK.04/2020       concerning     Affiliated
tentang Transaksi Afiliasi dan Transaksi       Transactions and Conflict of Interest
Benturan Kepentingan (“POJK 42/2020”).         Transactions (“POJK 42/2020”).

Dalam mempersiapkan laporan pendapat           In preparing the fairness opinion report, DYR
kewajaran ini, DYR bertindak secara            acted independently, had no conflict of
independen, tidak memiliki benturan            interest, and was not affiliated with PT Bekasi
kepentingan, dan tidak terafiliasi dengan      Fajar Industrial Estate Tbk (“BEFA”) or parties
PT Bekasi Fajar Industrial Estate Tbk          affiliated with BEFA.
(“BEFA”) maupun pihak-pihak yang
terafiliasi dengan BEFA.

Berdasarkan laporan pendapat kewajaran         Based on the fairness opinion report No.File :
No.File    :     00010/2.0041-00/BS/NB-        00010/2.0041-00/BS/NB-1/0384/1/V/2026,
1/0384/1/V/2026, tanggal 20 Mei 2026, DYR      dated 26 May 2026, DYR is of the opinion that
berpendapat bahwa Rencana Transaksi            the Proposed Transaction conducted
yang dilakukan oleh PT Bekasi Matra            between PT Bekasi Matra Industrial Estate
Industrial Estate (“BMIE”) dengan PT           (“BMIE”) and PT Kawasan Lintas Biru Digital
Kawasan Lintas Biru Digital (“KLBD”)           (“KLBD”) is fair from a financial perspective
adalah wajar (fair) dari sudut pandang         and has been carried out based on the
keuangan dan dilaksanakan berdasarkan          principle of fairness and generally accepted
prinsip kewajaran dan praktik bisnis yang      business practices (arm’s-length principle).
berlaku umum (arm’s-length principle).

Dalam menyusun pendapat kewajaran              In preparing such fairness opinion, DYR
tersebut, DYR telah melakukan analisis         conducted analyses on the financial
atas kondisi keuangan Perseroan dan            condition of the Company and BMIE, the
BMIE, manfaat dan risiko transaksi, analisis   benefits and risks of the transaction, industry
industri, serta penelaahan atas dokumen        analysis, as well as a review of relevant
dan informasi relevan yang diberikan oleh      documents and information provided by the
Perseroan sehubungan dengan Rencana            Company in relation to the Proposed
Transaksi.                                     Transaction.

Rencana Transaksi melibatkan beberapa          The Proposed Transaction involves several
pihak yang memiliki hubungan afiliasi          parties having affiliated relationships as
sebagaimana         dijelaskan     dalam       described in this Disclosure of Information.
Keterbukaan Informasi ini. Berdasarkan         Based on the review and information provided
penelaahan     dan      keterangan  yang       by the management of the Company, there is
disampaikan oleh manajemen Perseroan,          no conflict of interest from the perspective of
tidak terdapat benturan kepentingan dari       the economic interests of each party or other
sisi kepentingan ekonomis masing-masing
Page 14
pihak maupun pihak afiliasi lainnya dalam     affiliated parties in the implementation of the
pelaksanaan Rencana Transaksi.                Proposed Transaction.

Dalam       proses     pembahasan    dan      In the process of discussion and decision-
pengambilan keputusan terkait Rencana         making related to the Proposed Transaction,
Transaksi, Perseroan dan BMIE telah           the Company and BMIE have implemented
menerapkan        prinsip   tata   kelola     good corporate governance principles as well
perusahaan yang baik (good corporate          as mechanisms for managing potential
governance)         serta      mekanisme      conflicts of interest in accordance with the
pengelolaan potensi benturan kepentingan      Company’s internal policies and the
sesuai ketentuan internal Perseroan dan       prevailing laws and regulations. Parties having
peraturan perundang-undangan yang             affiliated relationships with the parties
berlaku. Pihak yang memiliki hubungan         involved in the Proposed Transaction were not
afiliasi dengan para pihak dalam Rencana      involved in the decision-making process
Transaksi tidak terlibat dalam proses         relating to the Proposed Transaction.
pengambilan keputusan terkait Rencana
Transaksi dimaksud.

Manajemen Perseroan menyatakan bahwa          The management of the Company states that
Rencana Transaksi dilakukan berdasarkan       the Proposed Transaction has been
prinsip kewajaran dan praktik bisnis yang     conducted based on the principle of fairness
berlaku umum (arm’s-length principle),        and generally accepted business practices
serta diyakini dapat memberikan nilai         (arm’s-length principle), and is believed to
tambah bagi Perseroan dan perusahaan          provide added value to the Company and its
terkendali Perseroan, tanpa adanya pihak      controlled company, without any decision-
pengambil keputusan yang memperoleh           making party obtaining improper benefits
keuntungan yang tidak semestinya atas         from the implementation of the Proposed
pelaksanaan Rencana Transaksi tersebut.       Transaction.

Para Pihak dalam Transaksi                    Parties of the Transaction

Pihak-pihak yang terlibat dalam Rencana       The parties involved in the Proposed
Transaksi adalah PT Bekasi Matra Industrial   Transaction are PT Bekasi Matra Industrial
Estate (“BMIE”) selaku penjual, PT            Estate (“BMIE”) as the seller, PT Kawasan
Kawasan Lintas Biru Digital (“KLBD”)          Lintas Biru Digital (“KLBD”) as the purchaser,
selaku pembeli, serta PT Bekasi Fajar         and PT Bekasi Fajar Industrial Estate Tbk
Industrial Estate Tbk (“BEFA”) selaku         (“BEFA”) as the public company and
perusahaan      terbuka    dan      entitas   controlling entity of BMIE, whose financial
pengendali BMIE yang laporan keuangan         statements are consolidated into the
BMIE dikonsolidasikan ke dalam laporan        Company’s financial statements.
keuangan Perseroan.

BMIE merupakan perusahaan terkendali          BMIE is a controlled company of the
Perseroan dengan kepemilikan saham            Company, with 99.99% share ownership held
sebesar   99,99%       oleh    Perseroan.     by the Company. Meanwhile, KLBD is an
Sementara itu, KLBD merupakan pihak           affiliated party in the Proposed Transaction as
afiliasi dalam     Rencana      Transaksi     further described in this Disclosure of
sebagaimana dijelaskan lebih lanjut dalam     Information.
Keterbukaan Informasi ini.
Page 15
Objek Transaksi dalam Laporan Pendapat       Transaction Object in the Fairness Opinion
Kewajaran                                    Report

Objek dalam laporan pendapat kewajaran       The object in the fairness opinion report is the
adalah Rencana Transaksi berupa              Proposed Transaction in the form of the sale
penjualan kabel       jaringan fiber optik   of a cable fiber optic network together with
beserta     peralatan     dan    perangkat   supporting equipment and network devices
pendukung jaringan milik PT Bekasi Matra     owned by PT Bekasi Matra Industrial Estate
Industrial Estate (“BMIE”) kepada PT         (“BMIE”) to PT Kawasan Lintas Biru Digital
Kawasan Lintas Biru Digital (“KLBD”), yang   (“KLBD”), which are utilized to support
digunakan dalam menunjang infrastruktur      telecommunication        infrastructure     and
telekomunikasi dan konektivitas di           connectivity within the MM2100 Industrial
kawasan industri MM2100, dengan nilai        Town, with a transaction value of
transaksi sebesar Rp 12.192.100.000,-        Rp12,192,100,000 (twelve billion one
(dua belas miliar seratus sembilan puluh     hundred ninety-two million one hundred
dua juta seratus ribu Rupiah).               thousand Rupiah).

Penilaian kewajaran atas Rencana             The fairness assessment of the Proposed
Transaksi tersebut dilakukan dengan          Transaction was conducted by taking into
mempertimbangkan aspek keuangan,             consideration   the    financial    aspects,
manfaat ekonomi, risiko transaksi, serta     economic benefits, transaction risks, as well
prinsip kewajaran dan praktik bisnis yang    as the principle of fairness and generally
berlaku umum (arm’s-length principle).       accepted business practices (arm’s-length
                                             principle).

Maksud dan Tujuan Pendapat Kewajaran         Purpose and Objective of the Fairness
                                             Opinion Report

Maksud dan tujuan penyusunan laporan         The purpose and objective of the preparation
pendapat kewajaran atas Rencana              of the fairness opinion report on the Proposed
Transaksi adalah untuk memberikan            Transaction are to provide the Board of
gambaran kepada Direksi PT Bekasi Fajar      Directors of PT Bekasi Fajar Industrial Estate
Industrial Estate Tbk (“Perseroan”)          Tbk (the “Company”) with an overview
mengenai kewajaran Rencana Transaksi         regarding the fairness of the Proposed
dari sudut pandang keuangan, serta untuk     Transaction from a financial perspective, as
memenuhi ketentuan Peraturan Otoritas        well as to comply with the provisions of
Jasa Keuangan Nomor 42/POJK.04/2020          Financial Services Authority Regulation No.
tentang Transaksi Afiliasi dan Transaksi     42/POJK.04/2020       concerning       Affiliated
Benturan Kepentingan (“POJK 42/2020”).       Transactions and Conflict of Interest
                                             Transactions (“POJK 42/2020”).


Laporan pendapat kewajaran ini disusun       This fairness opinion report has been
berdasarkan ketentuan Peraturan Otoritas     prepared in accordance with the provisions of
Jasa Keuangan Nomor 35/POJK.04/2020          Financial Services Authority Regulation No.
tentang Penilaian dan Penyajian Laporan      35/POJK.04/2020       concerning    Business
Penilaian Bisnis di Pasar Modal tanggal 25   Valuation and Presentation of Business
Mei 2020, serta mengacu pada Standar         Valuation Reports in the Capital Market dated
Penilaian Indonesia (“SPI”) yang berlaku     25 May 2020, and with reference to the
dan Kode Etik Penilai Indonesia yang         applicable Indonesian Valuation Standards
                                             (“SPI”) and the Indonesian Appraisers’ Code
Page 16
diterbitkan oleh Masyarakat Profesi Penilai      of Ethics issued by the Indonesian Society of
Indonesia (“MAPPI”).                             Appraisers (“MAPPI”).


Dalam penyusunan laporan pendapat                In preparing this fairness opinion report, the
kewajaran ini, Penilai Independen telah          Independent Appraiser has conducted
melakukan analisis dan penelaahan atas           analyses and reviews of the financial
kondisi keuangan Perseroan dan PT Bekasi         condition of the Company and PT Bekasi
Matra Industrial Estate (“BMIE”), manfaat        Matra Industrial Estate (“BMIE”), the benefits
dan risiko transaksi, analisis industri, serta   and risks of the transaction, industry analysis,
dokumen dan informasi relevan lainnya            as well as other relevant documents and
yang berkaitan dengan Rencana Transaksi.         information related to the Proposed
                                                 Transaction.

Kondisi Pembatas dan Asumsi-Asumsi               Limiting Conditions and Key Assumptions
Pokok /

Berdasarkan POJK 35/POJK.04/2020 Bab IX          Pursuant to POJK 35/POJK.04/2020, Chapter
Pasal 35, berikut ini adalah beberapa            IX, Article 35, the following are the
asumsi dan kondisi pembatas yang                 assumptions and limiting conditions used in
digunakan dalam penyusunan Pendapat              the preparation of this Fairness Opinion:
Kewajaran ini yaitu:

    •   Laporan Pendapat Kewajaran                   •   The Fairness Opinion report is a non-
        bersifat non disclaimer opinion.                 disclaimer opinion.
    •   Kami telah melakukan penelaahan              •   We have reviewed the documents
        atas dokumen-dokumen yang                        used in the Fairness Opinion process.
        digunakan dalam proses Pendapat
        Kewajaran.
    •   Dalam menyusun laporan ini, DYR              •   In preparing this report, DYR has relied
        mengandalkan keakuratan dan                      on the accuracy and completeness of
        kelengkapan      informasi     yang              the information provided by BEFA
        disediakan oleh BEFA dan atau                    and/or data obtained from publicly
        data yang diperoleh dari informasi               available information and other
        yang tersedia untuk publik dan                   information, as well as research we
        informasi lainnya serta penelitian               consider relevant.
        yang kami anggap relevan.
    •   Pemberi Tugas menyatakan bahwa               •   The Client has stated that all material
        seluruh informasi material yang                  information relating to the Fairness
        menyangkut penugasan Pendapat                    Opinion engagement has been fully
        Kewajaran telah diungkapkan                      disclosed to DYR and that there has
        seluruhnya kepada DYR dan tidak                  been no omission of material facts.
        ada pengurangan atas fakta-fakta
        yang penting.
    •   DYR      menggunakan       proyeksi          •   DYR has used the financial
        keuangan yang disampaikan oleh                   projections submitted by BEFA and
        BEFA dan telah disesuaikan                       has adjusted them to reflect the
        sehingga            mencerminkan                 reasonableness of the financial
        kewajaran proyeksi keuangan                      projections in light of their feasibility
                                                         (fiduciary duty).
Page 17
    dengan               kemampuan
    pencapaiannya (fiduciary duty).
•   Laporan Pendapat Kewajaran yang        •   The Fairness Opinion report produced
    dihasilkan terbuka untuk publik            is open to the public, except for any
    kecuali terdapat informasi yang            confidential information that may
    bersifat rahasia, yang dapat               affect BEFA’s operations.
    mempengaruhi operasional BEFA.
•   DYR bertanggung jawab atas             •   DYR is responsible for the Fairness
    laporan Pendapat Kewajaran dan             Opinion report and the conclusions
    kesimpulan yang dihasilkan.                drawn.
•   DYR telah memperoleh informasi         •   DYR has obtained information
    atas status hukum Objek Pendapat           regarding the legal status of the
    Kewajaran dari Pemberi Tugas.              Subject of the Fairness Opinion from
                                               the Client.
•   Laporan Pendapat Kewajaran ini         •   This Fairness Opinion Report is
    ditujukan       untuk    memenuhi          intended to serve the interests of the
    kepentingan Pasar Modal dan                Capital Market and to comply with
    pemenuhan peraturan OJK dan                OJK regulations, and is not intended
    tidak        untuk      kepentingan        for tax purposes or any other interests
    perpajakan atau kepentingan lain           outside the scope of the Capital
    di luar kepentingan Pasar Modal.           Market.
•   Pendapat Kewajaran ini disusun         •   This Fairness Opinion has been
    berdasarkan kondisi pasar dan              prepared based on market and
    perekonomian, kondisi umum                 economic       conditions,      general
    bisnis dan keuangan, serta                 business and financial conditions,
    peraturan-peraturan Pemerintah             and Government regulations relating
    terkait dengan rencana aksi                to the corporate action plan to be
    korporasi yang akan dilakukan              carried out on the date this Fairness
    pada tanggal Pendapat Kewajaran            Opinion is issued.
    ini diterbitkan.
•   Dalam penyusunan Pendapat              •   In preparing this Fairness Opinion, we
    Kewajaran ini, kami menggunakan            have made certain assumptions, such
    beberapa         asumsi,     seperti       as the fulfilment of all conditions and
    terpenuhinya semua kondisi dan             obligations by BEFA and all parties
    kewajiban BEFA dan semua pihak             involved in the corporate action, as
    yang terlibat dalam aksi korporasi         well as the accuracy of the
    serta       keakuratan    informasi        information regarding the corporate
    mengenai rencana aksi korporasi            action plan disclosed by BEFA’s
    yang diungkapkan oleh Manajemen            Management.
    BEFA.
•   Pendapat Kewajaran ini harus           •   This Fairness Opinion must be viewed
    dipandang sebagai satu kesatuan            as a whole; the use of part of the
    dan penggunaan sebagian dari               analysis and information without
    analisis dan informasi tanpa               considering the other information and
    mempertimbangkan informasi dan             analysis in their entirety as a single
    analisis lainnya secara utuh               unit may lead to misleading views and
    sebagai satu kesatuan dapat                conclusions regarding the process
    menyebabkan pandangan dan                  underlying the Fairness Opinion. The
    kesimpulan yang menyesatkan                preparation of this Fairness Opinion is
    atas proses yang mendasari                 a complex process and may not be
Page 18
       Pendapat Kewajaran. Penyusunan                achievable      through     incomplete
       Pendapat Kewajaran ini merupakan              analysis.
       suatu proses yang rumit dan
       mungkin tidak dapat dilakukan
       melalui analisis yang tidak lengkap.
   •   Kami juga mengasumsikan bahwa             •   We also assume that from the date of
       dari tanggal penerbitan Pendapat              issue of this Fairness Opinion until the
       Kewajaran ini sampai dengan                   date of the corporate action, no
       tanggal terjadinya rencana aksi               material changes have occurred that
       korporasi tidak terjadi perubahan             affect the assumptions used in the
       apapun yang berpengaruh secara                preparation of this Fairness Opinion.
       material terhadap asumsi-asumsi               We are not responsible for reaffirming,
       yang digunakan dalam penyusunan               supplementing or updating our
       Pendapat Kewajaran ini. Kami tidak            opinion due to changes in
       bertanggung        jawab       untuk          assumptions, conditions or events
       menegaskan         kembali      atau          occurring after the date of this report.
       melengkapi,          memutakhirkan
       (update) pendapat kami karena
       adanya perubahan asumsi dan
       kondisi serta peristiwa-peristiwa
       yang terjadi setelah tanggal laporan
       ini.
   •   DYR bertanggung jawab atas                •   DYR is responsible for the Fairness
       laporan Pendapat Kewajaran dan                Opinion report and the conclusions
       kesimpulan yang dihasilkan.                   reached.
   •   DYR telah memperoleh informasi            •   DYR has obtained information
       atas status hukum Objek Pendapat              regarding the legal status of the
       Kewajaran dari Pemberi Tugas.                 Subject Matter of the Fairness
                                                     Opinion from the Client.

Pendekatan dan Prosedur          Pendapat     Approach and Method of Fairness
Kewajaran atas Transaksi /                    Opinion on Transaction

Sehubungan dengan Peraturan Otoritas          In accordance with Regulation of the
Jasa Keuangan Republik Indonesia No.          Financial Services Authority of the Republic of
42/POJK.04/2020 tentang Transaksi Afiliasi    Indonesia No. 42/POJK.04/2020 on Affiliated
dan Transaksi Benturan Kepentingan dan        Transactions and Conflicts of Interest
ketentuan-ketentuan yang tercantum            Transactions and the provisions set out in OJK
dalam Peraturan OJK No. 35/POJK.04/2020       Regulation No. 35/POJK.04/2020 and SEOJK
serta SEOJK No.17/SEOJK.04/2020 tentang       No. 17/SEOJK. 04/2020 on the Valuation and
Penilaian dan Penyajian Laporan Penilaian     Presentation of Business Valuation Reports in
Bisnis di Pasar Modal yang mencakup hal       the Capital Market, which covers the
hal meliputi:                                 following matters:

   •   Analisis transaksi yang meliputi          •   Transaction analysis, including the
       identifikasi dan hubungan antara              identification and     relationships
       pihak-pihak yang terlibat dalam               between the parties involved in the
       Rencana       Transaksi,  analisis            Proposed Transaction, analysis of the
       perjanjian dan persyaratan dalam              agreements and terms of the
       Rencana       Transaksi,  analisis            Proposed Transaction, and analysis of
Page 19
       manfaat dan risiko Rencana                    the benefits and risks of the Proposed
       Transaksi.                                    Transaction.
   •   Analisis kualitatif dan kuantitatif       •   Qualitative and quantitative analysis
       atas Rencana Transaksi. Analisis              of the Proposed Transaction.
       kualitatif yang meliputi riwayat              Qualitative analysis covering the
       Perseroan dan kegiatan usaha                  Company’s history and business
       Perseroan, analisis industri dan              activities, analysis of the industry and
       lingkungan, analisis operasional              environment, analysis of operations
       dan prospek, analisis alasan                  and prospects, analysis of the
       dilakukannya Rencana Transaksi,               reasons for the Proposed Transaction,
       Keuntungan dan kerugian Rencana               and the benefits and drawbacks of the
       Transaksi. Analisis kuantitatif               Proposed Transaction. Quantitative
       meliputi analisis laporan keuangan            analysis      includes analysis       of
       historikal, analisis arus kas,                historical financial statements, cash
       analisis rasio keuangan, analisis             flow analysis, financial ratio analysis,
       proyeksi     keuangan,      analisis          financial projection analysis, analysis
       inkremental      kontribusi    nilai          of the Company’s incremental value-
       tambah      Perseroan,     prosedur           added contribution, decision-making
       pengambilan keputusan dan hal                 procedures and other material
       material lainnya.                             matters.
   •   Analisis atas kewajaran nilai             •   Analysis of the fairness of the
       transaksi meliputi perbandingan               transaction value, including a
       antara rencana nilai transaksi                comparison between the proposed
       dengan hasil Penilaian atas                   transaction value and the results of
       transaksi, analisis bahwa Rencana             the valuation of the transaction, an
       Nilai Transaksi memberikan nilai              analysis demonstrating that the
       tambah dan analisis nilai transaksi           Proposed Transaction Value provides
       berada dalam kisaran nilai yang               added value, and an analysis
       didapatkan dari hasil Penilaian.              confirming that the transaction value
                                                     falls within the range derived from the
                                                     valuation results.
   •   Analisis atas faktor lain yang            •   Analysis of other relevant factors.
       relevan.

Kesimpulan                                    Conclusion

Berdasarkan ruang lingkup pekerjaan,          Based on the scope of work, the assumptions,
asumsi-asumsi, data dan informasi yang        and the data and information obtained and
diperoleh dan digunakan, penelaahan atas      used, and having reviewed the financial
dampak keuangan Rencana Transaksi             impact of the Proposed Transaction as
sebagaimana diungkapkan dalam Laporan         disclosed in this Fairness Opinion Report, we
Pendapat Kewajaran ini, kami berpendapat      are of the opinion that the Proposed
bahwa Rencana Transaksi ini adalah wajar.     Transaction is fair.

Kesimpulan akhir di atas berlaku bilamana     The above final conclusion applies provided
tidak terdapat perubahan yang memiliki        there are no changes that have a material
dampak material terhadap Rencana              impact on the Transaction Plan. Such
Transaksi. Perubahan tersebut termasuk,       changes include, but are not limited to,
namun tidak terbatas pada, perubahan          changes in conditions both internally at BEFA
kondisi baik secara internal pada BEFA        and externally, namely market and economic
maupun secara eksternal yaitu kondisi         conditions, general business, trade and
Page 20
pasar dan perekonomian, kondisi umum          financial conditions, as well as Indonesian
bisnis, perdagangan dan keuangan serta        government regulations and other relevant
peraturan-peraturan pemerintah Indonesia      regulations after the date of this Fairness
dan peraturan terkait lainnya setelah         Opinion Report. Should any of the
tanggal Laporan Pendapat Kewajaran ini        aforementioned changes occur after the date
dikeluarkan. Bilamana setelah tanggal         of this Fairness Opinion Report, the
Laporan     Pendapat     Kewajaran   ini      conclusion regarding the fairness of this
dikeluarkan terjadi perubahan-perubahan       Transaction Plan may differ
tersebut di atas, maka kesimpulan
mengenai kewajaran Rencana Transaksi ini
mungkin berbeda


 V.    PERNYATAN DIREKSI DAN DEWAN KOMISARIS / STATEMENT OF THE BOARD OF
       DIRECTORS AND BOARD OF COMMISSIONERS


Direksi dan Dewan Komisaris Perseroan juga    The Board of Directors and Board of
menyatakan bahwa Rencana Transaksi telah      Commissioners of the Company also declare
dilakukan sesuai dengan prinsip tata kelola   that the Proposed Transaction has been
perusahaan yang baik (good corporate          carried out in accordance with the principles
governance), prinsip kewajaran dan praktik    of good corporate governance, the principle of
bisnis yang berlaku umum (arm’s-length        fairness and generally accepted business
principle), serta telah memenuhi ketentuan    practices (arm’s-length principle), and has
Peraturan Otoritas Jasa Keuangan Nomor        complied with the provisions of Financial
42/POJK.04/2020 tentang Transaksi Afiliasi    Services      Authority   Regulation       No.
dan Transaksi Benturan Kepentingan dan        42/POJK.04/2020       concerning    Affiliated
peraturan perundang-undangan yang berlaku.    Transactions and Conflict of Interest
                                              Transactions, as well as the prevailing laws
                                              and regulations.

Berdasarkan hasil penelaahan Perseroan dan    Based on the Company’s review and the
pendapat kewajaran dari Penilai Independen,   fairness opinion of the Independent Appraiser,
transaksi dilakukan berdasarkan prinsip       the transaction has been conducted based on
kewajaran dan praktik bisnis yang berlaku     the principle of fairness and generally
umum (arm’s-length principle), sehingga       accepted business practices (arm’s-length
Perseroan berpendapat bahwa transaksi ini     principle). Therefore, the Company is of the
merupakan Transaksi Afiliasi dan tidak        opinion that the transaction constitutes an
termasuk Transaksi Benturan Kepentingan       Affiliated Transaction and does not constitute
sebagaimana dimaksud dalam POJK No.           a Conflict of Interest Transaction as referred to
42/POJK.04/2020.                              in POJK No. 42/POJK.04/2020.

Dalam proses pembahasan dan pengambilan       In the process of discussion and decision-
keputusan terkait Rencana Transaksi,          making related to the Proposed Transaction,
Perseroan telah menerapkan mekanisme          the Company has implemented mechanisms
pengelolaan potensi benturan kepentingan      for managing potential conflicts of interest in
sesuai ketentuan internal Perseroan dan       accordance with the Company’s internal
peraturan perundang-undangan yang berlaku.    policies and the prevailing laws and
                                              regulations.
Page 21
VI.    INFORMASI TAMBAHAN / ADDITIONAL INFORMATION


Apabila pemegang saham Perseroan              If the shareholders of the Company require
memerlukan       informasi   lebih   lanjut   further information in relation to the Proposed
sehubungan dengan Rencana Transaksi           Transaction as disclosed in this Disclosure of
sebagaimana         diungkapkan     dalam     Information, the shareholders may contact
Keterbukaan Informasi ini, pemegang saham     the Company during business days and
dapat menghubungi Perseroan pada hari dan     working hours through:
jam kerja melalui:


                         PT Bekasi Fajar Industrial Estate Tbk
                              Kawasan Industri MM2100
                                     Jl. Sumatera
                       Desa Gandasari, Kecamatan Cikarang Barat
                                  Kabupaten Bekasi
                              Telepon: +62 21 898 0133
                              Faksimili +62 21 898 0157
                               Email : corsec@befa.id
                               Up. Corporate Secretary


                                     Hormat kami/
                                    Sincerely yours,

                                 Direksi Perseroan/
                          Board of Directors of the Company

File

File Open PDF
Source IDX
Size0.38 MB
Published4 Jun 2026
Pages21
Characters69,124
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 61 people and organisations named in the text · linked when the evidence is strong

linked person Yoshihiro Kobi p.7
linked person Wahyu Hidayat p.7
linked person Leo Yulianto Sutedja · Direktur Utama p.7 ×6
linked person Swan Mie Rudy Tanardi p.7 ×2
linked person Hiroki Yoshitake p.7
linked org Argo Manunggal p.8 ×2
linked org Daiwa House Industry p.8
possible org Otoritas Jasa Keuangan p.1 ×3
possible person Gatot Subroto p.1
possible person Hungkang Sutedja p.8
possible — Sutedja · Direktur Utama p.12
unresolved org Financial Services Authority p.1 ×7
unresolved org PT Bekasi Matra p.2 ×4
unresolved org PT Bekasi Matra Industrial Estate Industrial Estate p.2 ×3
unresolved org PT Kawasan Lintas p.2 ×2
unresolved org PT Kawasan Lintas Biru Digital p.2 ×3
unresolved org Yudistira dan Rekan p.3 ×3
unresolved org PT Bekasi Matra Industrial Estate p.4 ×6
unresolved org PT Kawasan Lintas Biru Digital Agreement Title Sale p.4
unresolved org PT Kawasan Lintas Biru Digital Para Pihak p.4
unresolved org Pengadilan Negeri Cikarang. Dispute Resolution p.5
unresolved person Wiryomartani p.5 ×3
unresolved person Winanto Wiryomartani · Notaris p.5 ×2
unresolved org Minister of Justice p.5
unresolved org Menteri Kehakiman p.5
unresolved org PT Bekasi p.6 ×3
unresolved org Fajar Industrial Estate Tbk. p.6 ×2
unresolved person Aulia Taufani p.6
unresolved person Taufani p.6
unresolved org Minister of Law and Human p.6
unresolved org Menteri p.6
unresolved org PT Raya Saham Registra p.7 ×2
unresolved org PT Argo Manunggal Land p.8
unresolved org Development Nomura Singapore Limited p.8
unresolved org Nomura Singapore Limited S/A p.8
unresolved — Publik/Public p.8
unresolved — Jumlah/Total p.8 ×3
unresolved person Erly p.8
unresolved person Soehandjojo · Notaris p.8
unresolved person Erly Soehandjojo · Notaris p.8 ×4
unresolved org Menteri Kehakiman Republik Indonesia p.8
unresolved org Minister of Law p.8 ×3
unresolved person Edison · Notaris p.8
unresolved person Belinda Alvia Edison p.8
unresolved org PT Argo Manunggal International p.10
unresolved person Audrey Tedja · Notaris p.10
unresolved org Menteri Hukum dan Hak Asasi Manusia p.10
unresolved — Djoko Widjaja p.12
unresolved org Perusahaan Terbuka Industrial Estate Tbk p.12
unresolved person Leo · Direktur Utama p.12 ×2
unresolved — Biru Digital (“KLBD”) p.12
unresolved org Bekasi Fajar Tbk p.12 ×5
unresolved org PT Bekasi Matra Industrial p.12 ×2
unresolved org Industrial Estate Tbk · Direktur Utama p.12
unresolved org PT Bekasi Estate p.12
unresolved org PT Kawasan Lintas Biru p.12
unresolved org PT Kawasan Lintas Biru Digital Kawasan Lintas Biru p.13 ×2
unresolved org PT Kawasan Kawasan Lintas Biru Digital p.14
unresolved person PERNYATAN · KOMISARIS p.20

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 0.455 2707 ms 12 Sep 2026 22:16
Raw output
{'appraiser_exempt': None,
 'appraiser_name': '',
 'assets': [{'area_sqm': None,
             'category': 'MACHINERY',
             'description': 'Kabel Jaringan fiber optik beserta peralatan '
                            'dan'}],
 'currency': None,
 'fact_type': '',
 'issuer_name': '',
 'kind': 'CONFLICT',
 'kjpp_name': '',
 'letter_number': '',
 'object_text': 'Kabel Jaringan fiber optik beserta peralatan dan',
 'object_truncated': True,
 'parties': [],
 'pct_of_equity': None,
 'reference_period': '',
 'requires_rups': None,
 'rups_date': None,
 'ticker': '',
 'transaction_date': None,
 'valuation_date': None,
 'value': '12192100000'}

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