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20240827_RAAM_Laporan Informasi dan Fakta Material_31718856_lamp2.pdf
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CHANGES AND/OR ADDITIONS TO DISCLOSURE OF INFORMATION TO THE SHAREHOLDERS OF PT TRIPAR
MULTIVISION PLUS TBK (“the COMPANY”) IN RELATION TO THE PLAN OF THE CAPITAL INCREASE
WITHOUT GRANTING PRE-EMPTIVE RIGHTS
CHANGES AND/OR ADDITIONS TO THIS DISCLOSURE OF INFORMATION IS MADE AND ADDRESSED TO THE
SHAREHOLDERS IN ORDER TO FULFILL THE REQUIREMENTS OF THE FINANCIAL SERVICES AUTHORITY
REGULATIONS NO. 14/POJK.04/2019 ON THE AMENDMENT TO THE FINANCIAL SERVICES AUTHORITY
REGULATIONS NO. 32/POJK.04/2015 ON CAPITAL INCREASES IN PUBLIC COMPANIES WITH PRE-EMPTIVE
RIGHTS (“PMTHMETD”).
THE INFORMATION AS CONTAINED IN CHANGES AND/OR ADDITIONS TO THIS DISCLOSURE OF INFORMATION
IS PRELIMINARY AND THE COMPANY WILL ANNOUNCE ANY CHANGES AND/OR ADDITIONS TO THE
INFORMATION TO SHAREHOLDERS NO LATER THAN 2 (TWO) WORKING DAYS PRIOR TO THE DATE OF THE
EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS.
PT TRIPAR MULTIVISION PLUS Tbk
Domiciled in South Jakarta, Indonesia
Main Business Activities:
Engaging in the film industry, particularly film production activities, film post-production activities and film
distribution as well as holding company activities, including film screening activities through subsidiaries
Head Office: Cinema Location:
Multivision Tower, 21st – 23rd floor 13 (thirteen) locations spread across Batang,
Jl. Kuningan Mulia Lot 9B, Kuningan Bitung, Baturaja, Cimanggis, Lahat, Kebumen,
South Jakarta 12980, Indonesia Kolaka, Palopo, Magelang, Majenang, Pangkalan
Tel. (+62 21) 2938 0700 Bun, Sidoarjo and Solo
Fax. (+62 21) 2938 0029
Website: https://www.mvpworld.com
Email: corporatesecretary@mvpworld.com
THE INFORMATION CONTAINED IN CHANGES AND/OR ADDITIONS TO THIS DISCLOSURE OF INFORMATION IS
IMPORTANT FOR THE COMPANY'S SHAREHOLDERS TO READ AND NOTE. IF YOU HAVE ANY DIFFICULTY TO
UNDERSTAND THE INFORMATION CONTAINED IN THIS DISCLOSURE OF INFORMATION, YOU SHOULD
CONSULT WITH A COMPETENT PARTY OR PROFESSIONAL ADVISOR.
THE BOARD OF DIRECTORS OF THE COMPANY HAS PROVIDED THE INFORMATION CONTAINED IN CHANGES
AND/OR ADDITIONS TO THIS DISCLOSURE OF INFORMATION WITH THE INTENT OF PROVIDING MORE
COMPLETE INFORMATION AND PICTURE TO THE COMPANY'S SHAREHOLDERS REGARDING THE TRANSACTION
OF THE PMTHMETD AS PART OF THE COMPANY'S COMPLIANCE WITH THE PROVISIONS OF POJK NO. 14/2019.
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THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS OF THE COMPANY, BOTH INDIVIDUALLY
AND JOINTLY, ARE FULLY RESPONSIBLE FOR THE ACCURACY AND COMPLETENESS OF THE INFORMATION
DISCLOSED IN CHANGES AND/OR ADDITIONS TO THIS DISCLOSURE OF INFORMATION AND AFTER DILIGENTLY
CONDUCTING RESEARCH, ASSERT THAT THE INFORMATION CONTAINED IN CHANGES AND/OR ADDITIONS TO
THIS DISCLOSURE OF INFORMATION IS CORRECT AND THERE ARE NO IMPORTANT, MATERIAL AND RELEVANT
FACTS THAT HAVE BEEN OMITTED OR NOT DISCLOSED IN THIS DISCLOSURE OF INFORMATION, THAT CAUSING
THE INFORMATION PROVIDED IN CHANGES AND/OR ADDITIONS TO THIS INFORMATION DISCLOSURE TO BE
INACCURATE AND/OR MISLEADING.
Changes and/or Additions to this Disclosure of Information Is published in Jakarta on 27 August 2024.
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DEFINITION
”BAE” : means a party that, based on a contract with the Company
and/or the issuer of securities, carries out the recording of
ownership of securities and the distribution of rights relating
to securities, in this case PT Datindo Entrycom, domiciled in
Central Jakarta.
“Bursa Efek Indonesia : means the stock exchange as defined in Article 1 number 4 of
(BEI)” the Law No. 8 of 1995 on Capital Markets as amended in part
by Law No. 4 of 2023 on the Development and Strengthening
of the Financial Sector, in this case organized by PT Bursa Efek
Indonesia, domiciled in Jakarta, where the Company’s Shares
are listed.
“List of Shareholders” means a list issued by KSEI containing information about
share ownership by Shareholders in Collective Custody at KSEI
based on data provided by Account Holders to KSEI.
“Stock Exchange Day” : means the day on which the Stock Exchange or the legal entity
replacing it carries out stock exchange activities in accordance
with applicable laws and regulations and the provisions of the
stock exchange and banks can carry out clearing.
“Calendar Day” : means every day in 1 (one) year according to the Gregorian
calendar without exception, including Sundays and national
holidays determined from time to time by the Government of
the Republic of Indonesia and normal working days which due
to certain circumstances are determined by the Government
of the Republic of Indonesia as not normal working days.
“Disclosure of : means the Disclosure of Information along with its Changes
Information” and/or Additions to this Disclosure of Information that
submitted to the Company's Shareholders in order to fulfill
the provisions of: (i) POJK No. 14/2019; and (ii) POJK No.
15/POJK.04/2020 on the Planning and Implementation of
General Meetings of Shareholders of Public Companies
("POJK No. 15/2020").
“KSEI” : Abbreviation of PT Kustodian Sentral Efek Indonesia,
domiciled in Jakarta, which is a Depository and Settlement
Institution in accordance with Law No. 8 of 1995 on the
Capital Market as amended in part by Law No. 4 of 2023 on
the Development and Strengthening of the Financial Sector.
“Public” : means individuals or legal entities, both Indonesian citizens
and foreign citizens and Indonesian legal entities and foreign
legal entities, both domiciled or legally domiciled in Indonesia
and domiciled or domiciled outside the jurisdiction of the
Republic of Indonesia.
“Financial Services : means the Financial Services Authority of the Republic of
Authority or Otoritas Jasa Indonesia, an independent state institution that has the
Keuangan (OJK)” functions, duties and authority to regulate, supervise, inspect
and investigate as stipulated in Law No. 21 of 2011 on the
Financial Services Authority as amended in part by Law No. 4
of 2023 on the Development and Strengthening of the
Financial Sector, whose duties and authorities include
regulating and supervising financial services activities in the
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banking sector, capital markets, insurance, pension funds,
financing institutions and other financial institutions, where
the OJK is an institution that replaces and receives the rights
and obligations to carry out regulatory and supervisory
functions from Bapepam and/or Bapepam-LK and/or Bank
Indonesia in accordance with the provisions of Article 55 of
the Financial Services Authority Law.
“Shareholders” : means the party whose name is recorded in the Shareholders
Register issued by the BAE and as the owner of a Securities
Account at KSEI which includes the Custodian Bank and/or
Securities Company and/or other party approved by KSEI by
taking into account the laws and regulations in the Capital
Market sector and KSEI Regulations.
“Regulation No. I-A” : IDX Regulation No. I-A concerning Listing of Shares and Equity
Securities Other Than Shares Issued by Listed Companies,
Attachment to the Decree of the Board of Directors of PT
Bursa Efek Indonesia No. Kep00101/BEI/12-202, dated 21
December 2021.
“PMTHMETD” : abbreviation for Capital Increase Capital Increase Without
Granting Pre-Emptive Rights as referred to in POJK No.
14/2019.
“POJK No. 32/2015” : means Financial Services Authority Regulations No.
32/POJK.04/2015 on Capital Increases in Public Companies
With Pre-Emptive Rights as amended in Financial Services
Authority Regulations No. 14/POJK.04/2019 on The
Amendment to The Financial Services Authority Regulations
No. 32/POJK.04/2015 on Capital Increases in Public
Companies With Pre-Emptive Rights.
“POJK No. 14/2019” : means Financial Services Authority Regulations No.
14/POJK.04/2019 on The Amendment to The Financial
Services Authority Regulations No. 32/POJK.04/2015 on
Capital Increases in Public Companies With Pre-Emptive
Rights.
“POJK No. 15/2020” : means Financial Services Authority No. 15/POJK.04/2020 on
Planning and Organization of General Meetings of
Shareholders by Publicly-Traded Companies.
“POJK No. 42/2020” : means Financial Services Authority No. 42/POJK.04/2020 on
Affiliated Transactions and Conflict-of-Interest Transactions.
“Rp or Rupiah” : means the Indonesian Rupiah which is the legal currency of
the Republic of Indonesia.
“GMS” : means General Meeting of Shareholders.
“EGMS” : means Extraordinary General Meeting of Shareholders.
“Shares” : means all shares that have been issued and fully paid-up in
the Company.
“New Shares” : means a maximum of 619.420.000 (six hundred and nineteen
million four hundred and twenty thousand) shares or a
maximum of 10% (ten percent) of the total number of shares
that have been issued and paid up in the Company, which will
be issued from the Company's portfolio shares with a
nominal value of Rp60,00 (sixty rupiah) for each share.
“UUPM” : Law No. 8 of 1995 on Capital Market as amended in part by
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Law No. 4 of 2023 on Development and Strengthening of the
Financial Sector.
“UUPT” Law No. 40 of 2007 on Limited Liability Companies as
amended in part by Government Regulation in Lieu of Law No.
2 of 2022 on Job Creation which has been stipulated as Law
based on Law No. 6 of 2023 on Stipulation of Government
Regulation in Lieu of Law No. 2 of 2022 on Job Creation into
Law.
“UU PPSK” : Law No. 4 of 2023 on the Development and Strengthening of
the Financial Sector.
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GENERAL
The Company, established under the name of PT Tripar Multivision Plus, domiciled in Central Jakarta, was
established for an unlimited period based on the Deed of Establishment of the Limited Liability Company PT
Tripar Multivision Plus Number: 17 dated 6 December 1990 juncto with the Deed of Amendment Number:
118 dated 30 July 1992, both of which were made before Adlan Yulizar, S.H., Notary in Jakarta, which deed
has been approved by the Minister of Justice of the Republic of Indonesia based on the Decree of the Minister
of Justice of the Republic of Indonesia Number: C2-12.341 HT.01.01.Th.94 dated 13 August 1994 and has been
registered in the register book at the Central Jakarta District Court Office Number: 1727/1994 dated 7
September 1994, and has been announced in the State Gazette of the Republic of Indonesia Number: 92 dated
18 November 1994, Supplement to the State Gazette of the Republic of Indonesia Number: 927, (“Deed of
Establishment”). Based on the Deed of Establishment, the Company's business activities at the time of its
initial establishment were to engage in video production and all kinds related to business in the field of video
production, trade, distribute the products from the field of video production, both domestically and abroad
(export), and import materials/tools used for the business.
The Company's Deed of Establishment has undergone several (hereinafter referred to as the "Articles of
Association"), one of which is in connection with the Company’s Initial Public Offering plan, namely by the
Deed of Statement of Decisions of Shareholders of PT Tripar Multivision Plus Number: 97 dated 22 December
2022, which was made before Dr. Sugih Haryati, S.H., M.Kn., Notary in the Province of the Special Capital
Region of Jakarta, domiciled in the City of South Jakarta, which deed has been approved by the Minister of
Law and Human Rights based on Decree Number: 0093200.AH.01.02.YEAR 2022 dated 22 December 2022,
has been recorded and accepted in the Administrative System for Legal Entities by Receipt of Notification of
Amendments to the Articles of Association Number: AHU-AH.01.03-0331002 dated 22 December 2022 and
Receipt of Notification of Changes in Corporate Data Number: AHU-AH.01.09-0089962 dated 22 December
2022, as well as has been registered in the Company’s Register Number: AHU-0258747.AH.01.11.YEAR 2022
dated 22 December 2022, and has been announced in the State Gazette of the Republic of Indonesia Number:
102 dated 23 December 2022, Supplement to the State Gazette of the Republic of Indonesia Number: 044615
(hereinafter referred to as the “Deed No. 97 dated 22 December 2022”).
Company Business Activities
The Company's current business activities based on the Company's Articles of Association as stated in Deed
No. 97 dated 22 December 2022 are engaged in the field of Post-Production Activities of Films, Videos and
Television Programs by the Private Sector; Production Activities of Films, Videos and Television Programs by
the Private Sector; Rental Activities of Video Cassettes, CDs, VCDs/DVDs and the Like; Distribution Activities
of Films, Videos and Television Programs by the Private Sector; Holding Company Activities; Other
Management Consulting Activities; and Head Office Activities. However, the Company's current business
activities that have been truly carried out are engaged in the film sector, specifically film production activities,
film post-production activities and film distribution, as well as holding company activities, including film
screening activities through subsidiaries company.
Capital Structure and Shareholder Composition of the Company
Based on the Company's Shareholder List compiled by the BAE PT Datindo Entrycom, the Company's share
ownership structure as of 31 July 2024 is as follows:
Par Value 60.00 IDR per shares
Description Nominal Value
Number of Shares (%)
(.00 IDR)
Authorized Capital 20,000,000,000 1,200,000,000,000
Issued and Paid-up Capital
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Par Value 60.00 IDR per shares
Description Nominal Value
Number of Shares (%)
(.00 IDR)
Ram Jethmal Punjabi 5,155,144,500 309,308,670,000 83.22
PT Tripar Multi Image 50,000,000 3,000,000,000 0.81
Public (each with ownership less than 5%) 989,055,500 59,343,330,000 15.97
Total Issued and Paid-up Capital 6,194,200,000 371,652,000,000 100
Portfolio Shares 13,805,800,000 828,348,000,000
Following is the chart of the ownership of the Company until individual level as of 20 August 2024:
Composition of the Board of Commissioners and Board of Directors
Based on Deed No. 97 dated December 22, 2022, the composition of the Company's Board of Commissioners
and Board of Directors as of the date of this Information Disclosure is as follows:
Board of Commissioners
President Commissioner : Ram Jethmal Punjabi
Commissioner : Raakhee Ram Punjabi
Independent Commissioner : Diaz FM Hendropriyono
Board of Directors
President Director : Whora Anita Raghunath
Director : Amrit Ram Punjabi
Director : Amit Ramesh Jethani
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Director : Vikas Chand Sharma
INFORMATION ABOUT PMHTHMETD PLAN
Reasons and Objectives of PMTHMETD
The Company intends to request a mandate and approval from independent shareholders in the context of
implementing PMTHMETD of up to a maximum of 10% (ten percent) of the total issued and fully paid shares
in the Company.
The implementation of PMTHMETD is aimed at adding value for all stakeholders of the Company, including
the public, and providing the opportunity for potential expansion in accordance with the provisions of
applicable laws and regulations.
In this regard, the Company plans to issue a maximum of 619,420,000 (six hundred and nineteen million four
hundred and twenty thousand) shares with a nominal value of 60.00 IDR (sixty rupiah) per share, or a
maximum of 10% (ten percent) of the total issued and fully paid shares in the Company as of the date of this
Disclosure of Information, as stated in the Deed of Statement of Decisions of the Meeting of the Board of
Directors of PT Tripar Multivision Plus Tbk Number: 120 dated 27 June 2023 which was made before Dr. Sugih
Haryati, S.H., M.Kn., Notary in the Province of the Special Capital Region of Jakarta, domiciled in the City of
South Jakarta, which deed has been recorded and accepted in the Administrative System for Legal Entities by
Receipt of Notification of Amendments to the Articles of Association Number: AHU-AH.01.03-0084523 dated
June 27 June 2023 (Deed No. 120 dated 27 June 2023), through PMTHMETD which will be carried out based
on the approval of the independent shareholders in the EGMS. Through PMTHMETD, the Company is expected
to obtain alternative sources of funding for the interests of the Company's business activities and/or the
Company's subsidiaries.
New Shares and New Share Prices
In accordance with POJK No. 14/2019, PMTHMETD can only be carried out after the Company obtains approval
from independent shareholders in the EGMS. The EGMS is held by taking into account POJK No. 15/2020. In
accordance with the provisions of Article 8C paragraph (1) letter a of POJK No. 14/2019, PMTHMETD is carried
out within 2 (two) years from the GMS that approves PMTHMETD. Furthermore, the Company can only
increase a maximum of 10% (ten percent) of the number of shares that have been paid up and placed in the
Company on the date of this Disclosure of Information. The implementation price for the issuance of new
shares in the context of PMTHMETD refers to the provisions of Regulation No. I-A.
The exercise price for the issuance of the Company's new shares is at least 90% (ninety percent) of the average
closing price of the shares of the Listed Company concerned during a period of 25 (twenty five) consecutive
Trading Days on the Regular Market prior to the date of the application for listing the New Shares to the
Indonesia Stock Exchange, which is the current market price in accordance with the prevailing regulations.
Planned Use of PMTHMETD Funds
Subject to the provisions of the applicable laws and regulations, all funds received by the Company from the
implementation of PMTHMETD, after deducting costs related to PMTHMETD, will be used by the Company
for business development through investments that are expected to add value to the Company in the future,
which is currently under further review by the Company.
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Potential Investors for PMTHEMTD
In connection with the PMTHMETD, New Shares will be issued to one or more investors who intend to own
the New Shares, which on the date of the issuance of this Disclosure of Information have not been determined
by the parties so that they cannot be disclosed in this Disclosure of Information. In accordance with POJK No.
14/2019, in the event that the PMTHMETD is an affiliated transaction, the Company is exempted from
following the provisions of affiliated transactions as referred to in POJK No. 42/2020. Information regarding
potential investors, including whether or not there is an affiliated relationship between potential investors
and the Company, will be disclosed to Shareholders in accordance with the provisions of Article 43A POJK No.
14/2019, where the Company will announce the implementation of PMTHMETD no later than 5 (five) working
days before the implementation of PMTHMETD.
Proforma of the Company's Capital Structure and Shareholder Composition in Connection with the
Implementation of PMTHMETD
Referring to the Company's Shareholders Register as of 31 July 2024 from PT Datindo Entrycom as the BAE,
the following is the proforma of the Company's capitalization and composition of Shareholders before and
after the issuance of New Shares:
Before PMTHMETD After PMTHMETD
Par Value 60.00 IDR per shares Par Value 60.00 IDR per shares
Description
Number of Nominal Value Number of Nominal Value
(%) (%)
Shares (.00 IDR) Shares (.00 IDR)
Authorized Capital 20,000,000,000 1,200,000,000,000 20,000,000,000 1,200,000,000,000
Issued and Paid-up Capital
Ram Jethmal Punjabi 5,155,144,500 309,308,670,000 83.22 5,155,144.500 309,308,670,000 75.66
PT Tripar Multi Image 50,000,000 3,000,000,000 0.81 50,000,000 3,000,000,000 0.73
Public (each ownership of 989,055,500 59,343,330,000 15.97 989,055,500 59,343,330,000 14.52
less than 5%)
PMTHMETD - - - 619,420,000 37,165,200,000 9.09
Total Issued and Paid-up 6,194,200,000 371,652,000,000 100 6,813,620,000 408,817,200,000 100
Capital
Portfolio Shares 13,805,800,000 828,348,000,000
Estimated Implementation Period of PMTHMETD
The implementation of PMTHMETD will be carried out immediately after obtaining the approval of the EGMS
with the estimated important dates for the implementation as follows:
Notification of the Plan for EGMS to OJK 29 July 2024
EGMS Announcement to the Company's shareholders via 6 August 2024
the IDX website, the eASY.KSEI website and the Company's
website
Disclosure of Information regarding the Plan PMTHMETD 6 August 2024
Recording Date of EGMS 20 August 2024
EGMS Invitation 21 August 2024
Additional Information on Disclosure of Information 27 August 2024
regarding the Plan PMTHMETD
EGMS 12 September 2024
Announcement of Summary of Minutes of the EGMS to 17 September 2024
the Company's shareholders via the IDX website, the
eASY.KSEI website and the Company's website
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Announcement of the PMTHMETD Implementation Date 19 September 2024
to the Company's shareholders via the IDX website, the
eASY.KSEI website and the Company's website.
Implementation of PMTHMETD 26 September 2024
Note:
On the date this Information Disclosure was issued, there were no objections from certain parties, including
but not limited to the Company's creditors in connection with the Company's PMTHMETD plan.
MANAGEMENT ANALYSIS AND DISCUSSION
Important Financial Data Overview
The summary of important financial data presented below is prepared based on, and must be read together
with and refer to the Company's Consolidated Financial Statements for the period as of 31 March 2024
(unaudited) and the years ended 31 December 2023, 2022 and 2021 which have been audited by a Public
Accounting Firm (“Auditor”) Tanubrata, Sutanto, Fahmi, Bambang, dan Rekan, with a fair opinion in all
material respects.
Consolidated Statement of Financial Position
Note 31 March 2024 (Unaudited) 31 December 2023 (Audited)
Total Assets 1,474,057,280,752 1,428,635,799,299
Total Liabilities 242,865,550,688 202,245,024,967
Total Equity 1,231,191,730,064 1,226,390,774,332
Total Liabilities and Equity 1,474,057,280,752 1,428,635,799,299
Consolidated Statement of Profit or Loss and Other Comprehensive Income
Note 31 March 2024 (Unaudited) 31 December 2023 (Audited)
Gross Profit 30,002,536,566 238,177,335,839
Profit Before Tax 6,045,626,544 133,903,454,273
Net Profit for the Year/ Period 4,800,955,732 102,981,089,709
Total Comprehensive income for 4,800,955,732 101,840,178,614
the Year/ Period
Analysis of the Impact of PMTHMETD on the Financial Condition and Shareholders of the Company
The proforma for consolidated financial statements before and after the implementation of PMTHMETD was
prepared based on the following assumptions:
a. PMTHMETD has been approved through the Company’s EGMS.
b. The number of new shares of the Company issued from the implementation of PMTHMETD is a
maximum of 619,420,000 (six hundred nineteen million four hundred and twenty thousand) shares.
c. The total issued and paid-up capital of the Company is 6,194,200,000 (six billion one hundred ninety
four million two hundred thousand) shares.
d. The amount of issued and fully paid-up capital of the Company after the implementation of PMTHMETD
increased to a maximum of 6,813,620,000 (six billion eight hundred thirteen million six hundred and
twenty) shares.
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Company Financial Proforma Table
Based on the Company's Consolidated Financial Statements as of 31 March 2024 (unaudited), the proforma
of the implemenation of PMTHMETD on the Company’s financial condition and important financial ratios is
as follows:
Note Before PMTHMETD After PMTHMETD
Statement of Financial Position
Current Assets 619,509,981,568 656,675,181,568
Non Current Assets 854,547,299,184 854,547,299,184
Total Assets 1,474,057,280,752 1,511,222,480,752
Current Liabilities 172,964,546,760 172,964,546,760
Non Current Liabilities 69,901,003,928 69,901,003,928
Total Liabilities 242,865,550,688 242,865,550,688
Total Equity 1,231,191,730,064 1,268,356,930,064
Total Liabilities and Equity 1,474,057,280,752 1,511,222,480,752
After PMTHMETD, the Company’s total assets and total equity will increase respectively 2.52% and 3.02% due
to funds obtained from the implementation of PMTHMETD.
Note Before PMTHMETD After PMTHMETD
Important Financial Ratios
Debt to Equity Ratio 0.197% 0.191%
Equity to Asset Ratio 0.098% 0.120%
Debt to Asset Ratio 0.165% 0.161%
After PMTHMETD, equity to asset ratio will increase from 0.098% to 0.120%. On the other hand, debt to asset
ratio will decrease from 0.197% to 0.191%, and debt to equity ratio will also decrease from 0.197% to 0.191%.
Risks and Impacts of PMTHEMTD
Assuming that all new shares are issued from portfolio shares in the context of PMTHMETD, the Company's
Shareholders in the short term will be exposed to the risk of dilution of share ownership of a maximum of
9.09% (nine point zero nine percent) of the percentage of ownership before the implementation of
PMTHMETD and basically there will be no impact on changes in the Company's controller after this
PMTHMETD is implemented.
On the other hand, the Company’s capital structure will be strengthened, thereby bolstering its business
activities and facilitating further Company’s business development. This enhancement is expected to increase
value for the Company’s Shareholders.
STATEMENT OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS
The Board of Directors and Board of Commissioners are responsible for the validity of the information in this
Disclosure of Information and affirm that all material information and opinions expressed in this Disclosure of
Information are true and can be accounted for and there is no other information that has not been disclosed
that may cause the material information in this Disclosure of Information inaccurate and/or misleading.
The Board of Commissioners and the Board of Directors of the Company have reviewed the PMTHMETD plan
including assessing the risks and benefits of PMTHMETD for the Company and all Shareholders, and believe
that PMTHMETD is the best option for the Company and all Shareholders.
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EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
EGMS of the Company related to the PMTHMETD plan will be implemented on:
Day, Date : Thursday, 12 September 2024
Time : 14.30 WIB – finished
Place : Multivision Tower, Jl. Kuningan Mulia Lot 9B, Setiabudi, South Jakarta
(online through eASY.KSEI)
With details of the agenda of the EGMS, attendance quorum and decision quorum as well as shareholders
entitled to attend as follows:
Agenda:
1. Approval of the Company's plan to carry out PMTHMETD.
2. Granting of power and authority to the Company's Board of Directors to carry out negotiations and/or
take any actions deemed appropriate in connection with the above plan, including but not limited to
determining the share issuance price in the PMTHMETD, by taking into account the provisions of
applicable laws and regulations, including regulations in the Capital Market sector.
Quorum Attendance and Decision:
In accordance with the provisions in POJK No. 14/2019, in the event that the Company will increase its capital
through the issuance of shares and/or other equity securities for purposes other than financial balance
corrections, then the Company must first obtain the approval of the GMS as stipulated in Article 8A paragraph
(1) of POJK No. 14/2019, which requires that the quorum for attendance and decisions of the GMS for the
capital increase can be conducted under the following conditions:
a. A GMS can be held if the GMS is attended by more than 1/2 (half) portion of the total
amount of shares with valid voting rights owned by independent shareholders and
shareholders that are not part of the parties affiliated with Company, members of
the Board of Directors, members of the Board of Commissioners, major shareholders, or
Controllers.
b. The GMS’ decisions as referred to in letter a are valid if approved by more than 1/2 (half)
portion of the total amount of shares with valid voting rights owned by independent
shareholders and shareholders that are not part of the parties affiliated with Company, members of the
Board of Directors, members of the Board of Commissioners, major shareholders, or Controllers.
c. In the case of the quorum as referred to in letter a was not reached, then a second GMS
can be held if the GMS is attended by more than 1/2 (half) portion of the total amount of
shares with valid voting rights owned by independent shareholders and shareholders that
are not part of the parties affiliated with Company, members of the Board of
Directors, members of the Board of Commissioners, major shareholders, or Controllers.
d. The second GMS’ decisions are valid if approved by more than 1/2 (half) portion of the
total amount of shares with valid voting rights owned by independent shareholders and
shareholders that are not part of the parties affiliated with Company, members of
the Board of Directors, members of the Board of Commissioners, major shareholders, or
Controllers who are present at the GMS.
e. In the case of the attendance quorum at the second GMS as referred to in letter c was
not reached, then a third GMS can be held on condition that the third GMS is valid and
can make a decision if attended by independent shareholders and shareholders that are
not part of the parties affiliated with Company, members of the Board of
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Directors, members of the Board of Commissioners, major shareholders, or Controllers of
shares with valid voting rights, in the attendance quorum determined by OJK based upon an application
filed by Company.
f. The third GMS’ decisions are valid if approved by independent shareholders and
shareholders that are not part of the parties affiliated with Company, members of
the Board of Directors, members of the Board of Commissioners, major shareholders, or
Controllers who represents more than 50% (fifty percent) shares owned by independent
shareholders and shareholders that are not part of the parties affiliated with Company, members of the
Board of Directors, members of the Board of Commissioners, major shareholders, or Controllers who
are present at the GMS.
Eligible Shareholders to attend:
Referring to the provisions in POJK No. 15/2020, Shareholders who are eligible to attend the EGMS are the
Shareholders whose names are registered in the Company's Shareholders Register 1 (one) working day before
the EGMS invitation.
ADDITIONAL INFORMATION
To obtain further information regarding the above matters, the Company's Shareholders may contact the
Company during the Company's business days and hours, i.e Monday – Friday, 9 am – 5 pm, via the address
and contact details below:
PT TRIPAR MULTIVISION PLUS Tbk.,
U.P.: Corporate Secretary
Head Office:
Multivision Tower, 21st – 23rd floor
Jl. Kuningan Mulia Lot 9B, Kuningan
South Jakarta 12980, Indonesia
Tel. (+62 21) 2938 0700
Fax. (+62 21) 2938 0029
Website: https://www.mvpworld.com
Email: corporatesecretary@mvpworld.com
Jakarta, 27 August 2024
PT Tripar Multivision Plus Tbk
Best regards,
Board of Directors of PT Tripar Multivision Plus Tbk
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FINANCIAL SERVICES AUTHORITY
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PT Datindo Entrycom
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Government of the Republic of Indonesia
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PT Kustodian Sentral Efek Indonesia
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Bapepam
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Bapepam-LK
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Bank Indonesia
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Adlan Yulizar
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Minister of Justice
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Central Jakarta District Court
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Dr. Sugih Haryati
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Minister of Law and Human Rights
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Indonesia Stock Exchange
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