Back to announcement
20240828_FILM_Penambahan Modal Tanpa HMETD_31719582_lamp1.pdf
Other Text extracted FILMSource file signed link, expires in 15 minutes
Extracted text 13
Page 1
DISCLOSURE OF INFORMATION TO
SHAREHOLDERS OF PT MD ENTERTAINMENT TBK (THE “COMPANY”)
ON THE PROPOSED CAPITAL INCREASE WITHOUT PRE-EMPTIVE RIGHTS (NPR)
This Disclosure of Information is announced in order to comply with the provision of the Financial Services
Authority / Otoritas Jasa Keuangan (“OJK”) Regulation No. 32/POJK.04/2015 on Capital Increase in Public
Companies with Pre-Emptive Rights as lastly amended to OJK Regulation No. 14/POJK.04/2019 on the
Amendment of OJK Regulation No. 32/POJK.04/2015 on Capital Increase in Public Companies with Pre-
Emptive Rights (“POJK No. 32/2015”).
PT MD ENTERTAINMENT TBK
Main Business Activities:
Film Production
Domiciled in Jakarta, Indonesia
Head Office:
MD Place Tower I
Jalan Setiabudi Selatan No. 7, Setiabudi, Jakarta Selatan 12910
Telephone: +62-21 29855777
Facsimile: +62-21 29055777
Email: corporatesecretary@mdentertainment.com
Website: https://mdentertainment.com/
IF YOU HAVE ANY DIFFICULTY IN UNDERSTANDING THE INFORMATION CONTAINED IN THIS
DISCLOSURE OF INFORMATION OR DOUBT IN MAKING A DECISION, IT IS ADVISABLE TO
CONSULT WITH YOUR SECURITIES BROKER, INVESTMENT MANAGER, LEGAL ADVISOR,
PUBLIC ACCOUNTANT, OR OTHER PROFESSIONAL ADVISORS.
THE BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS OF THE COMPANY, BOTH
INDIVIDUALLY AND JOINTLY, ARE FULLY RESPONSIBLE FOR THE COMPLETENESS AND
CORRECTNESS OF ALL MATERIAL INFORMATION OR FACTS CONTAINED IN THIS
DISCLOSURE OF INFORMATION. THE BOARD OF DIRECTORS AND BOARD OF
COMMISSIONERS OF THE COMPANY DECLARE THE COMPLETENESS OF INFORMATION AS
DISCLOSED IN THIS DISCLOSURE OF INFORMATION AND AFTER CONDUCTING CAREFUL
RESEARCH, CONFIRM THAT THE INFORMATION DISCLOSED IN THIS DISCLOSURE OF
INFORMATION IS ACCURATE AND THERE ARE NO MISSTATEMENT OF MATERIAL FACTS THAT
OR NO OMISSION OF MATERIAL FACTS THAT MAY CAUSE THE MATERIAL INFORMATION IN
THIS DISCLOSURE OF INFORMATION BECOME INACCURATE AND/OR MISLEADING.
THE PROPOSED CAPITAL INCREASE WITHOUT PRE-EMPTIVE RIGHTS AS STATED IN THIS
DISCLOSURE OF INFORMATION WILL BE SUBJECT TO THE APPROVAL OF THE INDEPENDENT
SHAREHOLDERS IN THE COMPANY’S GENERAL MEETING OF SHAREHOLDERS.
THE BOARD OF DIRECTORS OF THE COMPANY STATES THAT THE INFORMATION CONTAINED
IN THIS INFORMATION DISCLOSURE IS INTENDED TO PROVIDE COMPLETE INFORMATION AND
DESCRIPTION TO THE COMPANY'S SHAREHOLDERS REGARDING THE CAPITAL INCREASE
PLAN WITHOUT PRE-EMPTIVE RIGHTS AS PART OF COMPLIANCE WITH POJK NO. 32/2015.
Page 2
THIS DISCLOSURE OF INFORMATION IS IMPORTANT TO BE READ AND UNDERSTOOD BY THE
INDEPENDENT SHAREHOLDERS OF THE COMPANY IN ORDER TO MAKE ANY DECISIONS ON
THE PROPOSED CAPITAL INCREASE WITHOUT PRE-EMPTIVE RIGHTS.
THIS DISCLOSURE OF INFORMATION IS SIMULTANEOUSLY ANNOUNCED ON THE INDONESIAN
STOCK EXCHANGE WEBSITE WWW.IDX.CO.ID AND THE COMPANY’S WEBSITE
MDENTERTAINMENT.COM/.
This Disclosure of Information is published in Jakarta on 28 August 2024.
2
Page 3
I. DEFINITIONS AND ABBREVIATIONS
Affiliate : shall have the meaning as referred to in Article 1 point (1) of
the Capital Market Law.
Capital Market Law : means Law No. 8 of 1995 on Capital Markets as amended by
UUP2SK.
Company : means PT MD Entertainment Tbk, domiciled in Jakarta, a
public company whose shares are listed on the IDX, which is
established and operated under the laws of the Republic of
Indonesia.
CSSA at MD : means Conditional Share Subscription Agreement dated 26
August 2024 entered into by and between the Company, PSG,
and TI.
EGMS : means Extraordinary General Meeting of Shareholders that
will be held on 3 October 2024.
Financial Statements : means Financial Statements of the Company that have been
audited by the Public Accounting Firm Jamaludin, Ardi,
Sukimto, & Partners for the period ending on 30 April 2024.
IDX : means Indonesia Stock Exchange, as defined in Article 1 point
(4) of Capital Market Law, in this case is administered by PT
Bursa Efek Indonesia, domiciled in Jakarta.
KSEI : means PT Kustodian Sentral Efek Indonesia, which performs
custodian tasks as defined in Article 1 point (8) of Capital
Market Law.
MOLHR : means Ministry of Law and Human Rights of the Republic of
Indonesia.
NETV : means PT Net Visi Media Tbk, a publicly listed company
established under the laws of the Republic of Indonesia, with
its registered office at Graha Mitra, 4th Floor, Jl. Jend. Gatot
Subroto Kav. 21, Karet Semanggi, Jakarta 12930.
OJK : means Otoritas Jasa Keuangan / Financial Services Authority,
an independent institution as referred to in Law No. 21 of 2011
on the Financial Services Authority as amended by UUP2SK,
whose duties and authorities include regulation and
supervision of financial service activities in the banking sector,
capital market, insurance, pension funds, financing
institutions, and other financial institutions.
Independent Shareholders : shall have the meaning as referred to in Article 1 point (1) of
OJK Regulation No. 42/POJK.04/2020 on Affiliated Party
Transactions and Conflict of Interest Transactions.
3
Page 4
IDX Regulation No. I-A : means IDX Regulation No. I-A on Listing of Shares (Stock)
and Equity-type Securities other than Stock Issued by the
Listed Company, Appendix of the Decision of the Board of
Directors of the IDX No. Kep-00101/BEI/12-2021.
Material Transaction Plan : means a series of transactions carried out in connection with
the acquisition of NETV by the Company, consisting of several
transactions that qualify as a Material Transaction under OJK
Regulation No. 17/POJK.04/2020 concerning Material
Transactions and Changes in Business Activities, with the
disclosure of information regarding these transactions being
announced concurrently with this Information Disclosure.
New Shares : means primary shares issued from the Company’s portfolio in
the maximum amount of 951.121.700 ordinary shares with a
nominal value of IDR100 per share which are equal to
maximum of 10% from the fully issued and paid-up capital of
the Company on the date of this Disclosure of Information.
NPR Plan : means the capital increase without pre-emptive rights by the
Company, which will be carried out in accordance with the
provisions of POJK No. 32/2015.
POJK No. 32/2015 : means OJK Regulation No. 32/POJK.04/2015 on the Increase
in the Capital of Publicly-Traded Companies by Granting Pre-
Emptive Rights as lastly amended by OJK Regulation No.
14/POJK.04/2019.
POJK No. 42/2020 : means OJK Regulation No. 42/POJK.04/2020 on Affiliated
Transactions and Conflict-of-Interest Transactions.
PSG : means PT Permata Surya Gitatama, a private company
established under the law of the Republic of Indonesia.
TI : means PT Teladan Investama, a private company established
under the laws of the Republic of Indonesia.
UUP2SK : means Law No. 4 of 2023 on the Development and
Strengthening of Financial Sector.
II. RECITALS
This Disclosure of Information is announced in order for the Company’s shareholders receiving
full information on the NPR as stipulated in POJK No. 14/2019 and in accordance with the
prevailing laws and regulations, and the Company’s articles of association. The NPR is subject
to prior approval from the Independent Shareholders of the Company, which will be held on 4
October 2024.
III. DESCRIPTION ON THE NPR PLAN
A. Information on NPR
In accordance with POJK No. 32/2015, since the NPR is conducted for purposes other than
4
Page 5
improving the financial position, the following must be done:
(i) for a maximum of 10% (ten percent) of the number of shares of the Company that have
been issued and fully paid-up; and
(ii) within a period of 2 (two) years from the EGMS that approves the NPR Plan.
The Company will issue up to 951,121,700 (nine hundred fifty-one million one hundred twenty-
one thousand seven hundred) shares with a nominal value of IDR 100 (one hundred Rupiah)
per share or equivalent to a maximum of 10% (ten percent) of the issued and paid –up capital
of the Company after the implementation of the NPR. The New Shares will be listed on IDX in
accordance with the applicable laws and regulations.
The execution price of the New Shares in the NPR Plan must comply with the IDX Regulation
No. I-A, which is at least 90% (ninety percent) of the average closing price of the Company's
shares traded on the IDX over 25 (twenty-five) consecutive trading days in the regular market
prior to the date of the application for additional share listing on the IDX.
As part of the NPR Plan, the Company signed the CSSA at MD on 26 August 2024, where
PSG and TI will subscribe to the new shares to be issued by the Company with a total
subscription price of IDR 661,947,341,364 (“First NPR”). The preliminary conditions stipulated
in the CSSA include obtaining approval from the Independent Shareholders by the Company.
B. Purposes and Objectives of the NPR Plan
The issuance of New Shares will increase the number of shares issued by the Company, which
is expected to increase the liquidity of the Company’s share trading. The implementation of the
NPR will also provide additional funds to the Company to support the development of the
Company and its subsidiaries and strengthen the capital structure of the Company. This
advantage will subsequently provide added value towards the shareholders of the Company.
C. Proposed Use of Proceeds from the NPR Plan
The proceeds obtained from the First NPR will be used by the Company to partially fund the
Material Transaction Plan, which involves the acquisition of 29,633,929,103 hares of NETV,
representing approximately 71.65% of the issued and paid-up capital of NETV. The disclosure
information regarding the Material Transaction Plan is announced on the same date as this
Information Disclosure on the IDX website and the Company’s website.
Meanwhile, the remainder (if any) will be used for the development of the Company’s business
activities and to pursue potential expansion opportunities, as the Company needs to strengthen
its capital structure.
D. Indicative Timeline from the NPR Plan
The NPR Plan will only be executed after the Company obtains approval from the Independent
Shareholders at the EGMS.
The first implementation of the First NPR is scheduled as follows:
• Application for additional share listing by the Company : 18 October 2024
• Announcement of the new share issuance plan : 18 October 2024
• Submission of the evidence of NPR implementation : 22 October 2024
announcement to OJK
• Payment of new share listing fees by the Company : 25 October 2024
5
Page 6
• Issuance and distribution of the Company’s new shares : 25 October 2024
• The listing of new shares to PSG and TI : 28 October 2024
The EGMS will be held both physically and electronically through the Electronic General Meeting
System provided by KSEI on:
Day : Friday, 4 October 2024
Time : 10:00 - onwards
Venue : MD Place Tower I
Jalan Setiabudi Selatan No. 7, Setiabudi, Jakarta Selatan
The agenda related to the NPR to be discussed in the Company's EGMS includes the approval
of the plan for capital increase without pre-emptive rights by the Company, up to a maximum
of 10% of the Company’s issued and paid-up capital.
The remaining New Shares not issued under the First NPR may be issued within 2 (two) years
from the EGMS approving the NPR Plan (“Remaining NPR”). The Remaining NPR will be
implemented if the Company deems it necessary and considers it to be the best financing
option at that time.
IV. MANAGEMENT DISCUSSION AND ANALYSIS
In general, the implementation of the NPR Plan will have a direct impact on the capital structure
and share liquidity of the Company.
The pro forma consolidated financial statements of the Company and its subsidiaries, as
outlined below, have been prepared by the Company's management based on the Financial
Statements. In preparing these pro forma statements, the Company used the following
assumptions:
1. The Company purchases 75% of Newton Capital Limited's claims against NETV (debt to
equity conversion) amounting to IDR 661,947,341,364.
2. The receivables claim is converted by NETV by issuing Series B shares with a nominal value
of IDR 50 per share, totaling 13,238,946,827 shares.
3. Purchase of NETV Series B shares in cash amounting to IDR 599,100,000,000, with a price
per share of IDR 50.
4. The total shares acquired are 11,982,000,000.
5. The Company issues new shares amounting to IDR 661,947,341,364, which are sold to
PSG and TI.
6. The Company purchases NETV Series A shares owned by SLM amounting to IDR
295,158,969,680, TI amounting to IDR 65,939,188,491, and IIH amounting to IDR
33,351,858,780, with a price per share of IDR 50.
The table below presents an overview of the financial condition of the Company and its
subsidiaries as of 30 April 2024, and after the implementation of the NPR Plan:
6
Page 7
After NPR up to 10% of the
30 April 2024 After First NPR Company’s issued and
Description paid-up capital
(in IDR) (in IDR)
(in IDR)
Cash or Cash 533,216,716,617 1,195,164,057,981 4,645,486,501,774
Equivalent
Total Assets 1,772,909,400,047 2,434,856,741,411 5,885,179,185,204
Total Liabilities 95,772,495,416 95,772,495,416 95,772,495,416
Total Equity 1,677,136,904,632 2,339,084,245,996 5,789,406,689,789
V. IMPACT OF THE EXECUTION OF NPR TO THE SHAREHOLDERS
WIth the issuance of all New Shares under the NPR Plan, all of the Company’s existing
hareholders will experience a proportional decrease in their share ownership percentage
(dilution) of up to 9.09% (nine-point zero nine percent). However, the number of shares owned
by the existing shareholders will remain the same.
VI. CAPITAL STRUCTURE BEFORE AND AFTER THE NPR PLAN…………………………….
A. Capital Structure Before the NPR Plan
Based on Deed of Statement of Resolution of the EGMS No. 04 (“Deed No. 4”) juncto the
Shareholders Register of the Company as of 31 July 2024, issued by the Company's Securities
Administration Bureau namely PT Adimitra Jasa Korpora, the Company's capital structure is
as follows:
NOMINAL VALUE OF IDR 100 PER SHARE
TOTAL NOMINAL PERCENTAGE(
INFORMATION TOTAL SHARES
VALUE (IDR) %)
Authorized Capital 20,000,000,000 2,000,000,000,000 -
Shareholders Name:
1. PT MD Global Investments 4,803,164,585 480,316,458,500 50.50
2. Manoj Dhamoo Punjabi 1,696,162,615 169,616,261,500 17.83
3. Morgan Stanley and Co Intl PCL 1,390,950,000 139,095,000,000 14.62
4. Public 1,620,939,800 162,093,980,000 17.05
Issued and Paid-Up Capital 9,511,217,000 951,121,700,000 100.00
Portfolio Shares 10,488,783,000 1,048,878,300,000 -
B. Capital Structure After the First NPR
Assuming the exercise price is 90% of the average closing price of the Company’s shares
traded on the IDX over 25 consecutive trading days in the regular market before 26 August
2024, which is IDR 3,891, the Company’s capital structure after the implementation of the First
NPR Plan is as follows:
7
Page 8
NOMINAL VALUE OF IDR100 PER SHARE
TOTAL NOMINAL PERCENTAGE
INFORMATION TOTAL SHARES
VALUE (IDR) (%)
Authorized Capital 20,000,000,000 2,000,000,000,000
Shareholders Name:
1. PT MD Global Investments 4,803,164,585 480,316,458,500 49.61
2. Manoj Dhamoo Punjabi 1,696,162,615 169,616,261,500 17.52
3. PT Permata Surya Gitatama 127,584,139 12,758,413,900 1.32
4. PT Teladan Investama 42,528,046 4,252,804,600 0.44
5. Morgan Stanley and Co Intl PCL 1,390,950,000 139,095,000,000 14.37
6. Masyarakat 1,620,939,800 162,093,980,000 16.74
Issued and Paid-Up Capital 9,681,329,185 968,132,918,500 100.00
Portfolio Shares 10,318,670,815 1,031,867,081,500 -
C. Capital Structure After the NPR
The Company's capital structure following the implementation of the First NPR Plan and in the
event of the implementation of the Remaining NPR (so that all New Shares under the NPR
Plan have been issued) is as follows:
NOMINAL VALUE OF IDR100 PER SHARE
TOTAL NOMINAL VALUE PERCENTAGE
INFORMATION TOTAL SHARES
(IDR) (%)
Authorized Capital 20,000,000,000 2,000,000,000,000
Shareholders Name:
1. PT MD Global Investments 4,803,164,585 480,316,458,500 45.90
2. Manoj Dhamoo Punjabi 1,696,162,615 169,616,261,500 16.21
3. PT Permata Surya Gitatama 127,584,139 12,758,413,900 1.22
4. PT Teladan Investama 42,528,046 4,252,804,600 0.40
5. Remaining PMTHMETD Investors 781,009,515 78,100,951,500 7.47
6. Morgan Stanley and Co Intl PCL 1,390,950,000 139,095,000,000 13.30
7. Public 1,620,939,800 162,093,980,000 15.49
Issued and Paid-Up Capital 10,462,338,700 1,046,233,870,000 100.00
Portfolio Shares 9,537,661,300 953,766,130,000 -
VII. INFORMATION ON THE PROSPECTIVE NEW SHAREHOLDER OF THE FIRST NPR
A. PT Teladan Investama (“TI”)
Brief History
TI, established under the laws of the Republic of Indonesia, is named PT Teladan Investama,
based on the Deed of Establishment of a Limited Liability Company No. 45 dated 14 March
2008, made before Mellyani Noor Shandra, S.H., Notary in Jakarta, which received approval
from the MOLHR under Decree No. AHU-14801.AH.01.01.Tahun 2008 dated 26 March 2008.
It has been registered in the Company Register at the MOLHR under No. AHU-
8
Page 9
0021850.AH.01.09.Tahun 2008 dated 26 March 2008, and announced in the State Gazette of
the Republic of Indonesia No. 9700 dated 24 June 2008, Supplement No. 51 (“Deed No. 45”).
The articles of association of TI have undergone several amendments, most recently with the
Deed of Statement of Shareholders’ Resolution on Amendments to the Articles of Association
of PT Teladan Investama No. 83 dated 8 April 2022, made before Jose Dima Satria, S.H., M.Kn,
Notary in Jakarta. This amendment was notified to the MOLHR under Receipt of Notification of
Amendment to the Articles of Association No. AHU-0027166.AH.01.02.TAHUN 2022 dated 14
April 2022, and registered in the Company Register at the MOLHR under No. AHU-
0074692.AH.01.11.TAHUN 2022 dated 14 April 2022 (“Deed No. 83”).
Purpose and Objectives and Business Activities of TI
According to Article 3 of TI’s articles of association as stated in Deed No. 83, the purpose and
objectives of TI are to engage in the activities of headquarters office, holding company, other
management consulting activities, and wholesale trade.
Capital Structure and Shareholders
Based on Deed No. 45, the capital structure of TI as of the date of this Information Disclosure
is as follows:
Authorized Capital: IDR 200,000,000
Issued Capital: IDR 129,400,000
Paid-Up Capital: IDR 129,400,000
TI's authorized capital is divided into 2,000 ordinary shares, each with a nominal value of IDR
100,000 per share.
Based on Deed No. 45, the shareholders of TI are as follows:
NO. SHAREHOLDERS TOTAL SHARES NOMINAL VALUE (IDR) %
1 PT Teladan Resources 494 49,400,000 38.16
2 Widiyanti Putri 200 20,000.,000 15.46
3 Indracahya Basuki 200 20,000,000 15.46
4 Nurcahya Basuki 200 20,000,000 15.46
5 Wishnu Wardhana 200 20,000,000 15.46
Total 1,294 129,400,000 100
Management and Supervision
Based on the Deed of Statement of Shareholders' Resolution of PT Teladan Investama No. 60 dated
6 December 2023, made before Jose Dima Satria, S.H., M.Kn, Notary in Jakarta, which was notified
to the MOLHR under Receipt of Notification of Company Data Changes No. AHU-AH.01.09-0194973
dated 12 December 2023, and registered in the Company Register at the MOLHR under No. AHU-
0250730.AH.01.11.TAHUN 2023 dated 12 December 2023, the composition of the Board of
Commissioners and the Board of Directors of TI is as follows:
Board of Directors
President Director : Widiyanti Putri
Director : Indracahya Basuki
9
Page 10
Board of Commissioners
President Commissioner : Wishnu Wardhana
Commissioner : Nurcahya Basuki
B. PT Permata Surya Gitatama (“PSG”)
Brief History
PSG, established under the laws of Indonesia, is named PT Permata Surya Gitatama, based
on the Deed of Establishment of a Limited Liability Company No. 17 dated 11 September 1998,
made before Miranti Tresnaning Timur, S.H., Notary in Ciawi, which was approved by the
MOLHR under Decree No. C2-26075 HT.01.01.Th.98 dated 23 November 1998, and
registered in the Company Register at the Central Jakarta Company Registration Office under
No. 3940/BH.09.05/IV/99 dated 9 April 1999.
The articles of association of PSG have undergone several amendments, most recently with
the Deed of Statement of Shareholders’ Resolution No. 10 dated 15 July 2024, made before
Miryany Usman, S.H., Notary in Jakarta, which received approval from the Ministry of Law and
Human Rights under Decree No. AHU-0042621.AH.01.02.TAHUN 2024 dated 15 July 2024,
and was registered in the Company Register at the Ministry of Law and Human Rights under
No. AHU-0142731.AH.01.11.TAHUN 2024 dated 15 July 2024 (“Deed No. 10”).
Purpose and Objectives and Business Activities of PSG
According to Article 3 of PSG’s articles of association as stated in Deed No. 10, the purpose
and objectives of PSG are to engage in management consulting activities.
Capital Structure and Shareholders
Based on the Deed of Statement of Shareholders’ Resolution No. 2 dated 3 April 2020, made
before Miryany Usman, Notary in Jakarta, which received approval from the MOLHR under
Decree No. AHU-0033827.AH.01.02.TAHUN 2020 dated 5 May 2020, and was registered in
the Company Register at the MOLHR under No. AHU-0077393.AH.01.11.TAHUN 2020 dated
5 May 2020 (“Deed No. 2”), the capital structure of PSG as of the date of this Information
Disclosure is as follows:
Authorized Capital: IDR 323,369,000,000
Issued Capital: IDR 319,869,000,000
Paid-Up Capital: IDR 319,869,000,000
PSG’s authorized capital is divided into 323,369 ordinary shares, each with a nominal value of
IDR 1,000,000 per share.
Based on Deed No. 2, the shareholders of PSG are as follows:
NO. SHAREHOLDERS TOTAL SHARES NOMINAL VALUE (RP) %
1 Agus Lasmono 319,868 319,868,000,000 100
2 PT Mohammad Mangkuningrat 1 1,000,000 0.00
Total 319,869 319,869,000,000 100
Shares from Portfolio 319,869 319,869,000,000
10
Page 11
Management and Supervision
Based on Deed No. 10, the composition of the Board of Commissioners and the Board of Directors of
PSG is as follows:
Board of Directors
Director : Tonyadi Halim
Board of Commissioners
Commissioner : Agus Lasmono
As of the date of this Information Disclosure, the Company does not have any affiliated
relationships with PSG and TI.
VIII. GENERAL INFORMATION OF THE COMPANY
Brief History
The Company, domiciled in South Jakarta, was established under the name of PT MD Media,
pursuant to the Deed of Establishment No. 5 dated 1 August 2002, made before Frans Elsius
Muliawan, S.H., Notary in Jakarta, which has been ratified by the MOLHR by virtue of its Decree
No. C-17650.HT.01.01.TH.2002 dated 13 September 2002, has been registered in the
Company Register in the Company Register under No. 090519244732 under No.
5899/BH.09.05/XI/2002 dated 21 November 2002, and has been published in the State Gazette
of the Republic of Indonesia No. No. 76 dated September 23, 2003, Supplement No.
8852/2003.
The Company’s articles of association has been amended several times, most recently by the
Deed No. 4 dated 10 July 2024, made before Tri Firdaus Akbarsyah, S.H., M.Kn., Notary in
South Jakarta, which has been approved by the MOLHR by virtue of its Decree No. AHU-
0043005.AH.01.02.Tahun 2024 dated 16 July 2024 and has been registered in the Company
Register in the MOLHR under No. AHU-0144075.01.11.TAHUN 2024 dated 16 July 2024.
Purpose and Objectives and Business Activities of the Company
Based on Article 3 of the Company's articles of association as stated in Deed of Statement of
Meeting Resolution No. 07 dated 5 July 2023, made before Leolin Jayayanti, SH., M.Kn., Notary
in South Jakarta, which received approval from the MOLHR under Decree No. AHU-
0038581.AH.01.02.TAHUN 2023 dated 7 July 7 2023, and registered in the Company Register
at the MOLHR under No. AHU-0127468.AH.01.11.TAHUN 2023 dated 7 July 2023, the purpose
and objective of the Company are:
Main Business Activities:
(i) Professional Performing Arts (90021)
(ii) Activities of Artists and Other Creative Workers (90029)
(iii) Arts Management and Arts Festival Activities (90030)
(iv) Operation of Art Facilities (90040)
(v) Entertainment, Arts, and Other Creative Activities (90090)
(vi) Distribution of Film, Video, and Television Programs by Private Bodies (59132)
(vii) Post-Production of Film, Video, and Television Programs (59122)
(viii) Private Television Broadcasting and Programming (60202)
11
Page 12
(ix) Production of Film, Video, and Television Programs by Private Bodies (59112)
Supporting Business Activities:
(i) Owned or Leased Real Estate (68111)
(ii) Rental and Leasing of Recording and Editing Equipment Without Option Rights
(77321)
(iii) General Printing Industry (18111)
Capital and Shareholders Structure
Based on the Deed of Statement of the Extraordinary General Meeting of Shareholders No. 04
in conjunction with the Company’s Shareholders Register as of 31 July 2024, issued by the
Company’s Securities Administration Bureau, PT Adimitra Jasa Korpora, the Company’s
capital structure is as follows:
NOMINAL VALUE IDR100
PER SHARES
TOTAL NOMINAL VALUE PERCENTAGE
INFORMATION TOTAL SHARES
(IDR) (%)
Authorized Capital 20,000,000,000 2,000,000,000,000 -
Shareholders Name:
1. PT MD Global Investments 4,803,164,585 480,316,458,500 50.50
2. Manoj Dhamoo Punjabi 1,696,162,615 169,616,261,500 17.83
3. Morgan Stanley and Co Intl PCL 1,390,950.,000 139,095,000,000 14.62
4. Public 1,620,939,800 162,093,980,000 17.05
Issued and Paid-up Capital 9,511,217,000 951,121,700,000 100.00
Portfolio Shares 10,488,783,000 1,048,878,300,000 -
Management and Supervision
Based on the Deed of Statement of the Extraordinary General Meeting of Shareholders No. 04
dated July 10, 2024, made before Tri Firdaus Akbarsyah, S.H., M.H., Notary in South Jakarta,
which was notified to the Ministry of Law and Human Rights under Receipt of Notification of
Amendment to the Articles of Association No. AHU-AH.01.09-0227165 dated 16 July 2024,
and registered in the Company Register at the Ministry of Law and Human Rights under No.
AHU-0144075.AH.01.11.TAHUN 2024 dated 16 July 2024, the composition of the Board of
Commissioners and the Board of Directors of the Company as of the date of this Information
Disclosure is as follows:
Board of Directors
President Director : Manoj Dhamoo Punjabi
Director : Priyardashi Anand
Director : Sajan Lachmandas Mulani
Board of Commissioners
President Commissioner : Shania Manoj Punjabi
Commissioner : Sanjeva Advani
12
Page 13
Independent Commissioner : Innayat Haresh Kubchandani
IX. STATEMENT OF THE COMPANY’S BOARD OF DIRECTORS AND COMMISSIONERS
1. This Information Disclosure is complete and has been prepared in accordance with the
provisions set out in POJK No. 32/2015.
2. The NPR Plan is not an affiliate transaction and/or a conflict-of-interest transaction as referred
to in POJK No. 42/2020.
3. The implementation of the NPR Plan is carried out in the best interests of the Company and
will not potentially disrupt the Company's business activities.
4. The information disclosed in this information disclosure is true, and there are no false
statements regarding material facts or omissions of material facts that could cause the material
information in this disclosure to become inaccurate and/or misleading.
X. ADDITIONAL INFORMATION
For further information, the Company’s shareholders may submit requests to the Company’s Corporate
Secretary during regular business hours at the following address:
PT MD Entertainment Tbk
Head Office:
MD Place Tower I
Jalan Setiabudi Selatan No. 7, Setiabudi, Jakarta Selatan
Telephone: +62-21 29855777
Facsimile: +62-21 29055777
Email: corporatesecretary@mdentertainment.com
Website: https://mdentertainment.com/
13
Names mentioned 37 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Financial Services Authority
p.1 ×3
unresolved
org
Indonesia Stock Exchange
p.3
unresolved
org
PT Kustodian Sentral Efek Indonesia
p.3
unresolved
org
Ministry of Law and Human Rights
p.3 ×4
unresolved
org
Net Visi Media Tbk
p.3 ×2
unresolved
org
PT Permata Surya Gitatama
p.4 ×5
unresolved
org
PT Adimitra Jasa Korpora
p.7 ×2
unresolved
person
Mellyani Noor Shandra
· Notaris
p.8
unresolved
person
Jose Dima Satria
· Notaris
p.9 ×3
unresolved
person
Miranti Tresnaning Timur
· Notaris
p.10
unresolved
person
Miryany Usman
· Notaris
p.10 ×2
unresolved
org
Ministry of Law
p.10
unresolved
org
PT Mohammad Mangkuningrat
p.10
unresolved
org
PT MD Media
p.11
unresolved
person
Frans Elsius Muliawan
· Notaris
p.11
unresolved
person
Tri Firdaus Akbarsyah
· Notaris
p.11 ×3
unresolved
person
Leolin Jayayanti
· Notaris
p.11
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.