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20240811_ISAT_Keterbukaan Informasi terkait Aksi Korporasi_31704297_lamp1.pdf
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DISCLOSURE OF INFORMATION ON THE STOCK SPLIT PLAN
This Disclosure of Information is prepared in compliance with Regulation of Financial Services
Authority of Republic of Indonesia No. 15/POJK.04/2022 Regarding Stock Split and Reverse Stock
Split by Public Companies
PT Indosat Tbk
Line of Business:
Telecommunication
Headquarter:
Gedung Indosat Ooredoo Hutchison
Jln. Medan Merdeka Barat No.
21, Jakarta 10110
Phone: (+62 21) 3000 3001 ext. 8803 / 8804
Email: corporate.secretary@ioh.co.id
Website: www.ioh.co.id
THIS DISCLOSURE OF INFORMATION IS ISSUED IN CONNECTION WITH THE COMPANY'S PLAN TO
CONDUCT A STOCK SPLIT ("STOCK SPLIT") WITH REFERENCE TO THE FINANCIAL SERVICES
AUTHORITY (“OJK”) REGULATION OF THE REPUBLIC OF INDONESIA NO. 15/POJK.04/2022
CONCERNING STOCK SPLIT AND REVERSE STOCK SPLIT BY PUBLIC COMPANIES ("POJK 15/2022")
AND DECISION LETTER OF BOARD OF DIRECTORS OF PT BURSA EFEK INDONESIA (“IDX”) NUMBER:
KEP-00044/BEI/04-2024 REGARDING RULE NUMBER I-I ON STOCK SPLIT AND REVERSE STOCK SPLIT
BY LISTED COMPANIES ISSUING EQUITY SECURITIES. IN CONNECTION WITH THE STOCK SPLIT, THE
COMPANY WILL SEEK APPROVAL FROM THE SHAREHOLDERS AT THE EXTRAORDINARY GENERAL
MEETING OF THE COMPANY'S SHAREHOLDERS (“EGMS”) WHICH WILL BE CONVENED ON 24
SEPTEMBER 2024.
THE INFORMATION AS CONTAINED IN THIS INFORMATION DISCLOSURE IS IMPORTANT FOR THE
COMPANY'S SHAREHOLDERS TO READ AND NOTE. IF YOU EXPERIENCE DIFFICULTY
UNDERSTANDING THE INFORMATION AS CONTAINED IN THIS INFORMATION DISCLOSURE PLEASE
CONSULT WITH A LEGAL ADVISOR, PUBLIC ACCOUNTANT, FINANCIAL ADVISOR OR OTHER
PROFESSIONAL ADVISORS.
This Disclcosure of Informasi is issued in Jakarta, 11 Agustus 2024.
INFORMATION ON SHARES CLASSIFICATION
In accordance with the Company's Articles of Association as set out in Deed No. 10 dated 4 January
2022, made before Mala Mukti, S.H., LL.M, Notary in Jakarta which has been approved by the Minister
of Law and Human Rights of the Republic of Indonesia ("MoLHR") based on Decree Number AHU-
0010904.AH.01.10. 2022 dated 4 January 2022 as amended by Deed No. 47 dated 15 May 2024 made
before Mala Mukti, S.H., LL.M, Notary in Jakarta which has been approved by the MoLHR based on
Decree Number AHU-0028458.AH.01.02.Tahun 2023 dated 24 May 2023 (the "Articles of
Association"), the Company's issued and paid-up capital is 8,062,702,740 (eight billion sixty-two
million seven hundred two thousand seven hundred and forty) shares or the equivalent of
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IDR806,270,274,000.00 (eight hundred six billion two hundred seventy million two hundred seventy-
four thousand Rupiah), which is divided into:
1. 1 Series A share with nominal value of IDR100.00 per share; and
2. 8,062,702,740 Series B shares with nominal value of IDR100.00 per share.
Regarding the shares classification, Article 5 of the Company's Articles of Association stipulates that
the Company's shares consist of:
a. Series A shares which can only be owned by the Government of the Republic of Indonesia which
grants special rights to its holder; and
b. Series B shares that can be owned by public which are ordinary shares.
STOCK SPLIT RATIO AND
INFORMATION ON THE NUMBER OF SHARES BEFORE AND AFTER THE STOCK SPLIT
The Company plans to conduct a stock split with a ratio of 1:4 for all series B shares of the Company.
Thus, the nominal value of the shares and the number of shares before and after the stock split are as
follows:
Shares Before the Stock Split After the Stock Split
Nominal value of Series A share IDR100.00 per share IDR100.00 per share
Nominal value of Series B share IDR100.00 per share IDR25.00 per share
Number of Series A share which is 1 1
issued and paid up
Number of Series B share which are 8,062,702,739 32,250,810,956
issued and paid up
Total of Listed Shares 8,062,702,740 32,250,810,957
DATE OF PRINCIPLE APPROVAL FROM THE IDX FOR THE STOCK SPLIT PLAN
In accordance with POJK 15/2022, in connection with the Stock Split, the Company has obtained
approval in principle from IDX as stated in Letter No. S-08050/BEI.PP2/08-2024 dated 2 August 2024.
REASONS AND OBJECTIVES OF STOCK SPLIT
The reasons and objectives for carrying out the stock split are as follows:
1. The Company plans to conduct stock split because of low liquidity of the Company’s shares.
2. The Company hopes that the Stock Split will increase shares liquidity and attract interest from
retail investors, particularly younger investors.
STOCK SPLIT IMPLEMENTATION FORECAST
Activities Date
Application for principle approval of the stock split to the IDX 15 July 2024
IDX principle approval 2 August 2024
Notification of the EGMS agenda to OJK 4 August 2024
EGMS announcement and disclosure of information regarding stock 11 August 2024
split
EGMS invitation 26 August 2024
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EGMS 24 September 2024
Receipt of notification on the amendment to Articles of Association 25 September 2024
from MoLHR
Submission of application to IDX on the listing of additional shares 27 September 2024
resulting from stock split
Disclosure of information 7 October 2024
The last trading date of shares with the old nominal value in all markets 11 October 2024
Effective date for the implementation of the Stock Split 14 October 2024
The elimination of trading at cash market 14 – 15 October 2024
The commencement date for trading shares with the new nominal value 14 October 2024
at the Regular Market and Negotiated Market
Commencement date for trading of the new shares with new nominal 16 October 2024
value at Cash Market
INFORMATION REGARDING THE IMPLEMENTATION OF THE EGMS
The Stock Split will be implemented after obtaining approval from the EGMS which is planned to be
convened on 24 September 2024. In accordance with POJK 15/2022, the Stock Split must be carried
out no later than 30 calendar days after the EGMS which approves the Stock Split plan. In the event
that the deadline falls on a holiday, the Stock Split will be carried out no later than the following
working day.
OTHER INFORMATION
1. The Company does not issue equity securities other than shares.
2. Taking into account POJK 15/2022, the Stock Split plan does not use a share valuation report.
3. The Company does not have any corporate action plan that will affect the number of shares and/or
the Company's capital which will be carried out within 6 (six) months after the date of the Stock
Split.
BOARD OF DIRECTORS STATEMENT
The Company's Board of Directors is fully responsible for the accuracy of all information contained in
this Disclosure of Information.
KORESPONDENSI
Shareholders who require additional information may contact the Company during business hours at
the following address:
Corporate Secretary
PT Indosat Tbk
Gedung Indosat Ooredoo Hutchison
Jln. Medan Merdeka Barat No.
21, Jakarta 10110
Phone: (+62 21) 3000 3001 ext. 8803 / 8804
Email: corporate.secretary@ioh.co.id
Website: www.ioh.co.id
Names mentioned 6 people and organisations named in the text · linked when the evidence is strong
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Financial Services Authority
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Mala Mukti
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Government of the Republic of Indonesia
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