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No. 021/APLN-CM/VIII.2024                                                                               Jakarta, 9 Agustus | August 9, 2024



Kepada | To
Otoritas Jasa Keuangan (Financial Services Authority atau | or “OJK”)
Gedung Sumitro Djojohadikusumo, Lantai 3
Jl. Lapangan Banteng Timur 2-4
Jakarta - 10710
U.p. Yth. |   Kepala Eksekutif Pengawas Pasar Modal |
Attn.:        Chief Executive of Capital Market Supervision



Dengan hormat | Dear Sir/Madam,


Perihal |     Laporan Informasi atau Fakta Material |
Subject:      Report on Material Information or Facts


Guna memenuhi Peraturan OJK No. 31/POJK.04/2015 tanggal 16 Desember 2015 tentang Keterbukaan Informasi
atau Fakta Material oleh Emiten Atau Perusahaan Publik (“POJK 31”) dan Keputusan Direksi Bursa Efek Indonesia
No. KEP-00066/BEI/09-2022 tanggal 30 September 2022 perihal Perubahan Peraturan No. I-E tentang Kewajiban
Penyampaian Informasi (“Peraturan BEI No. I-E”), dengan ini, kami, PT Agung Podomoro Land Tbk. (“Perseroan”)
bermaksud untuk menyampaikan Laporan Informasi atau Fakta Material sebagai berikut:

In order to comply with OJK Regulation No. 31/POJK.04/2015 dated 16 December 2015 regarding Disclosure of
Material Information or Facts by the Issuers or Public Companies (“POJK 31”) and Directors Decree of Indonesia
Stock Exchange No. KEP-00066/BEI/09-2022 dated 30 September 2022 regarding the Amendment to Regulation
No. I-E on the Obligation to Submit Information (“IDX Regulation No. I-E”), we, PT Agung Podomoro Land Tbk. (the
“Company”) hereby intend to submit the Report on Material Information or Facts as follows:

Nama Emiten | Issuer:              PT Agung Podomoro Land Tbk.

Bidang Usaha | Scope of            Pengembangan, pengelolaan dan penyewaan properti terpadu yang meliputi
Business:                          apartemen, perumahan, perhotelan, perkantoran, pertokoan, pusat perbelanjaan dan
                                   pusat rekreasi beserta fasilitasnya melalui Perseroan atau anak perusahaan Perseroan.

                                   Development, management and lease of integrated properties which include
                                   apartments, housing, hotels, offices, stores, shopping centers and recreation centers
                                   and its facilities through the Company or its subsidiaries.

Telepon | Phone:                   (+6221) 2903 4567

Faksimili | Fax:                   (+6221) 2903 4556

Alamat Surat Elektronik |          APLN.SP@agungpodomoroland.com
E-mail address:




        PT AGUNG PODOMORO LAND, Tbk. | APL Tower 43rd - 46th floor, Podomoro City | Jl. Let. Jend. S. Parman Kav. 28, Jakarta 11470, Indonesia
                           T. +62 21 290 34567 | F. +62 21 290 34550 - 51 | Web. www.agungpodomoroland.com                                       1
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1.   Tanggal Kejadian | Date of                 8 Agustus 2024 | August 8, 2024
     Event:

2.   Jenis Informasi atau Fakta                 Informasi mengenai kenaikan peringkat PT Agung Podomoro Land Tbk.
     Material | Type of Material
     Information or Facts:                      Information regarding the upgrade of PT Agung Podomoro Land Tbk’s rating.

3.   Uraian Informasi atau Fakta                Melalui siaran persnya tanggal 8 Agustus 2024, Moody's Ratings (“Moody’s”)
     Material | Description of                  mengumumkan telah menaikkan peringkat corporate family rating (CFR) dari
     Material Information or                    Perseroan menjadi Caa1 dari Caa3, dan merevisi prospek menjadi stabil dari
     Facts:                                     negatif.
                                                Kenaikan peringkat ke Caa1 mencerminkan (1) berkurangnya risiko
                                                pembiayaan kembali bagi Perseroan, setelah Perseroan, melalui APL Realty
                                                Holdings Pte. Ltd. (“APL Realty”), entitas anak yang didirikan berdasarkan
                                                hukum negara Singapura dan seluruh sahamnya dimiliki oleh Perseroan,
                                                berhasil melunasi dengan tepat waktu sisa obligasi (Senior Notes)*) sebesar
                                                USD 131,96 juta yang jatuh tempo pada 3 Juni 2024; dan (2) peningkatan
                                                kinerja penjualan pemasaran Perseroan.
                                                Pelunasan Senior Notes dalam mata uang Dollar Amerika Serikat tersebut
                                                dibiayai melalui pinjaman dari Bank Danamon dalam mata uang Rupiah yang
                                                keseluruhannya telah ditarik pada 27 Mei 2024 berjumlah Rp2,95 triliun.
                                                (Catatan: (1) Mohon merujuk pula pada surat Perseroan No. 012/APLN-
                                                CM/V.2024 tanggal 29 Mei 2024 perihal: Laporan Informasi atau Fakta
                                                Material yang disampaikan Perseroan melalui SPE-IDXnet No.
                                                024/APLN/V/2024 tanggal 29 Mei 2024 perihal: Penarikan Fasilitas Kredit
                                                Berdasarkan Perjanjian Kredit; (2) Sedangkan mengenai pelunasan seluruh
                                                Senior Notes pada 3 Juni 2024 telah pula kami laporkan kepada OJK sebagai
                                                keterbukaan informasi melalui surat Perseroan No. 015/APLN-CM/VI.2024
                                                tanggal 4 Juni 2024 perihal: Laporan Informasi atau Fakta Material yang
                                                disampaikan Perseroan melalui SPE-IDXnet No. 029/APLN/VI/2024 tanggal 4
                                                Juni 2024 perihal: Pelunasan Senior Notes APL Realty.)

                                                Through its press release dated August 8, 2024, Moody’s Ratings (“Moody’s”)
                                                announced has upgraded the corporate family rating (CFR) of the Company to
                                                Caa1 from Caa3, and revised the outlook to stable from negative.
                                                The rating upgrade to Caa1 reflects (1) the easing of the Company’s
                                                refinancing risk, following the Company, through APL Realty Holdings Pte. Ltd.
                                                (“APL Realty”), a subsidiary incorporated under the laws of Singapore and
                                                wholly owned by the Company, has successfully made timely repayment of the
                                                remaining bonds (Senior Notes)*) of USD 131.96 million due on June 3, 2024;
                                                and (2) the improvement in the Company's marketing sales performance.
                                                The settlement of the Senior Notes in US Dollar currency was financed through
                                                credit facility from Bank Danamon in Rupiah currency, the total of which was
                                                withdrawn on May 27, 2024, amounting to Rp2.95 trillion. (Note: (1) Please
                                                also refer to the Company's letter No. 012/APLN-CM/V.2024 dated May 29,
                                                2024 regarding: Report of Material Information or Facts submitted by the
                                                Company through SPE-IDXnet No. 024/APLN/V/2024 dated May 29, 2024
                                                regarding: Drawdown of Credit Facility Based on the Credit Agreement; (2)
                                                Meanwhile, regarding the settlement of all Senior Notes on June 3, 2024, we
                                                have also reported to OJK as an information disclosure through the Company's


        PT AGUNG PODOMORO LAND, Tbk. | APL Tower 43rd - 46th floor, Podomoro City | Jl. Let. Jend. S. Parman Kav. 28, Jakarta 11470, Indonesia
                           T. +62 21 290 34567 | F. +62 21 290 34550 - 51 | Web. www.agungpodomoroland.com                                       2
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                                                letter No. 015/APLN-CM/VI.2024 dated June 4, 2024 regarding: Report on
                                                Material Information or Facts submitted by the Company through SPE-IDXnet
                                                No. 029/APLN/VI/2024 dated June 4, 2024 regarding: Settlement of APL
                                                Realty Senior Notes.)

4.   Dampak kejadian, informasi                 Kenaikan peringkat oleh Moody’s tersebut akan memberikan dampak positif
     atau fakta material tersebut               bagi Perseroan, karena menunjukkan perbaikan kinerja operasional dan
     terhadap Emiten atau                       keuangan Perseroan.
     Perusahaan Publik | Impact
     of such event information or               The rating upgrade by Moody's will have a positive impact on the Company,
     material facts towards Issuer              because it shows improvements in the Company's operational and financial
     or Public Company:                         performance.

                                                *)
5.   Keterangan lain-lain | Other
     Information:                                   Senior Notes adalah obligasi senior yang diterbitkan oleh APL Realty pada
                                                     2 Juni 2017 dengan nilai pokok USD 300 juta, berjangka waktu 7 tahun,
                                                     dan kupon 5,95% per tahun, yang dicatatkan dan diperdagangkan di Bursa
                                                     Efek Singapura (“SGX”).
                                                    Pada 2 Agustus 2023, APL Realty menyelesaikan pelaksanaan penawaran
                                                     pembelian kembali sebagian Senior Notes (“Tender Offer”) sebesar USD
                                                     168,04 juta dan telah melakukan pembayaran kepada para pemegang
                                                     Senior Notes, sehingga dengan demikian masih terdapat jumlah pokok
                                                     Senior Notes yang terutang sebesar USD 131,96 juta.
                                                    Pada 15 November 2023 APL Realty kembali melakukan Tender Offer atas
                                                     Senior Notes yang jumlah pokok beredar pada saat penawaran dimulai
                                                     sebesar USD 131,96 juta. Jumlah yang akan dibeli kembali sampai dengan
                                                     Rp 1 triliun, dengan pendanaan dari fasilitas pinjaman.
                                                    Setelah berakhirnya Tender Offer pada 21 November 2023, Perseroan
                                                     melalui APL Realty, pada 22 November 2023 memutuskan untuk
                                                     membatalkan Tender Offer dan oleh karenanya tidak menerima
                                                     penawaran untuk pembelian Senior Notes.
                                                    Dengan demikian jumlah Senior Notes yang dilunasi pada saat jatuh
                                                     tempo pada 3 Juni 2024 sebesar USD 131,96 juta.

                                                *)

                                                    Senior Notes are senior bonds issued by APL Realty on June 2, 2017 with a
                                                     principal amount of USD 300 million, 7 years tenor, and coupon of 5.95%
                                                     per annum, which are listed and traded on the Singapore Stock Exchange
                                                     (“SGX”).
                                                    On August 2, 2023, APL Realty completed an offer to repurchase part of
                                                     the Senior Notes ("Tender Offer") of USD 168.04 million and has settled
                                                     payments to the Senior Notes holders, so that the outstanding principal
                                                     amount of the Senior Notes was USD 131.960 million. On August 2, 2023,
                                                     APL Realty completed the implementation of the partial Senior Notes
                                                     repurchase offer (“Tender Offer”) and has made payments to the holders
                                                     of the Senior Notes, so that there is still a principal amount of Senior Notes
                                                     outstanding of USD 131.96 million
                                                    On November 15, 2023, APL Realty again conducted a Tender Offer for the
                                                     Senior Notes, which principal amount outstanding at the time of the



        PT AGUNG PODOMORO LAND, Tbk. | APL Tower 43rd - 46th floor, Podomoro City | Jl. Let. Jend. S. Parman Kav. 28, Jakarta 11470, Indonesia
                           T. +62 21 290 34567 | F. +62 21 290 34550 - 51 | Web. www.agungpodomoroland.com                                       3
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                                                   commencement of the offering was USD 131.96 million. The amount to be
                                                   repurchased was up to IDR 1 trillion, financed from a credit facility.
                                                  Further to the expiration of the Tender Offer on November 21, 2023, the
                                                   Company through APL Realty, on November 22, 2023 has decided to
                                                   terminate the Tender Offer and therefore not accepted any Senior Notes
                                                   for purchase.
                                                  Thus, the amount of Senior Notes that be paid off when due date on June
                                                   3, 2024 was USD 131.96 million.



Demikian laporan ini kami sampaikan. Atas perhatiannya, kami mengucapkan terima kasih. | Thus, we submit
this report. We thank you for your kind attention.


Hormat kami | Respectfully,

PT Agung Podomoro Land Tbk.




F. Justini Omas
Sekretaris Perusahaan | Corporate Secretary




Tembusan kepada Yth. | Cc:
Direksi PT Bursa Efek Indonesia (BEI) | The Board of Directors of PT Bursa Efek Indonesia (Indonesian Stock
Exchange/IDX)




       PT AGUNG PODOMORO LAND, Tbk. | APL Tower 43rd - 46th floor, Podomoro City | Jl. Let. Jend. S. Parman Kav. 28, Jakarta 11470, Indonesia
                          T. +62 21 290 34567 | F. +62 21 290 34550 - 51 | Web. www.agungpodomoroland.com                                       4
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PT AGUNG PODOMORO LAND, Tbk. | APL Tower 43rd - 46th floor, Podomoro City | Jl. Let. Jend. S. Parman Kav. 28, Jakarta 11470, Indonesia
                   T. +62 21 290 34567 | F. +62 21 290 34550 - 51 | Web. www.agungpodomoroland.com                                       5

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Names mentioned 10 people and organisations named in the text · linked when the evidence is strong

linked org Agung Podomoro Land Tbk. p.1 ×26
linked org Bank Danamon p.2 ×3
possible org Otoritas Jasa Keuangan p.1
possible org Bursa Efek Indonesia p.1 ×3
unresolved org Financial Services Authority p.1
unresolved org Indonesia Stock Exchange p.1
unresolved org PT Agung Podomoro Land Tbk’s p.2
unresolved org APL Realty Holdings Pte. Ltd. p.2 ×2
unresolved org Agung Podomoro Land Tbk. F. Justini Om · Sekretaris Perusahaan p.4
unresolved person F. Justini Omas · Sekretaris Perusahaan | Corporate Secretary p.4

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