Back to announcement
20240702_HERO_Transaksi Material Tanpa Persetujuan RUPS_31678354_lamp2.pdf
Asset transaction Needs review HEROSource file signed link, expires in 15 minutes
Extracted text 11
Page 1
DISCLOSURE OF INFORMATION TO THE PUBLIC
IN RELATION TO MATERIAL TRANSACTION AND AFFILIATED PARTY TRANSACTION
OF PT HERO SUPERMARKET TBK
THIS DISCLOSURE OF INFORMATION FOR THE PUBLIC IS PROVIDED IN COMPLIANCE WITH: (A)
INDONESIAN FINANCIAL SERVICES AUTHORITY (OTORITAS JASA KEUANGAN - "OJK") RULE NO.
17/POJK.04/2020 ON MATERIAL TRANSACTIONS AND CHANGES TO BUSINESS ACTIVITIES ("POJK
17/2020"), (B) OJK RULE NO. 42/POJK.04/2020 ON AFFILIATED PARTY TRANSACTIONS AND
CONFLICT OF INTEREST TRANSACTIONS ("POJK 42/2020") AND (C) OJK RULE NO.
31/POJK.04/2015 ON DISCLOSURE OF MATERIAL INFORMATION OR FACTS BY ISSUERS OR
PUBLIC COMPANIES ("POJK 31/2015").
PT HERO SUPERMARKET TBK
(The “COMPANY")
Based in South Tangerang
Business fields:
Engaged in retail businesses
Store Support Centre (Head Office):
Graha Hero, CBD Bintaro Jaya Sektor 7 Blok
B7/A7 Pondok Jaya, Pondok Aren, South
Tangerang, Banten 15220, Indonesia
Telephone: (021) 8378 8388
Official Website: www.hero.co.id
This Disclosure of Information to public is made to fulfill the Company's obligation to disclose information to the
public regarding material transactions conducted by the Company with its Affiliates (as referred to in Law No. 8
of 1995 on Capital Market ("UUPM")).
This Disclosure of Information contains information about the revolving loan transaction received by the
Company and its Subsidiary, PT Rumah Mebel Nusantara ("RUMAH"), from a related party, DFI Retail Group
Treasury Limited ("DFIRGTL"). On June 28, 2024, the Company, RUMAH, and DFIRGTL collectively signed a
Loan Agreement ("Loan Agreement") ("Transaction"), with the details and value of the Transaction described
in this Disclosure of Information.
The Transaction:
1. is an Affiliate Transaction as referred to in Article 1 paragraph (3) of POJK 42/2020 that does not contain
a Conflict of Interest as referred to in POJK 42/2020;
2. is a Material Transaction as referred to in Article 3 paragraph (1) of POJK 17/2020, with a transaction
value of more than 20% but less than 50% of the Company's equity, where based on the fairness opinion
of the transaction conducted by the Public Appraisal Service Office Yanuar, Rosye & Rekan ("Public
Appraiser") with loan facility amount up to USD40,000,000 (forty million US dollars) or approximately
1
Page 2
IDR616,640,000,000 (six hundred and sixteen billion six hundred and forty million rupiah) (at the
exchange rate as of December 31, 2023, of IDR15,416) is 43.42% of the Company's equity, which is
IDR1,420,122,000,000 (one trillion four hundred twenty billion one hundred twenty-two million rupiahs)
based on the Company's Consolidated Financial Statements ending December 31, 2023, audited by
the Public Accounting Firm Tanudiredja, Wibisana, Rintis & Rekan; and
3. contains material information or facts that may affect the trading price of the Company's securities on
the Indonesia Stock Exchange ("IDX") or the investment decisions of investors, prospective investors,
or other parties interested in such information or facts ("Material Information"), as referred to in Article
1 of POJK 31/2015.
Therefore, to execute the Transaction, the Company is not required to obtain approval from the General Meeting
of Shareholders ("GMS"), but in accordance with applicable regulations, the Company must: (i) use an Appraiser
to determine the fair value of the object and/or the fairness of the transaction, (ii) announce the Disclosure of
Information to the public regarding the Transaction and submit supporting documents to the OJK no later than
2 (two) business days after the signing date of the agreement, and (iii) report the implementation results of the
Transaction in the Annual Report.
If you have difficulty understanding this Disclosure of Information or are hesitant to make decision, it is advisable
to consult with an investment advisor or other professional advisor.
This Disclosure of Information is published on July 2, 2024
FOREWORD
This Disclosure of Information is made to comply with the provisions of POJK 17/2020, POJK 42/2020 and
POJK 31/2015.
I. BRIEF DESCRIPTION OF PARTIES IN THE TRANSACTION
A. Brief Description of the Company
1. Incorporation of the Company
PT Hero Supermarket Tbk was established in Jakarta based on the Notary Deed of Djojo Mulyadi,
S.H., No. 19 dated July 5, 1971 under the name PT Hero-Mini Supermarket. The Deed of
Establishment of the Company was approved by the Minister of Justice, Director of the Directorate
of Civil Affairs for the Head of the Legal Entity Service, from the Register of the Minister of Justice
No. J.A. 5/169/11 dated August 5, 1972.
The Company’s articles of association have been amended from time to time. The latest
amendment was in relation to the amendment of Article 3 of the Company's articles of association
on the Purpose and Objectives regarding the addition of Indonesia Standard Industrial
Classification (KBLI) 86105 Private Clinic Activities, 86901 Health Care Activities Performed by
Health Professionals Other Than Doctors and Dentists, 86903 Health Support Services Activities
and 52108 Warehouse Receipt System Warehouse Manager as supporting business activities to
support the main business activities of the Company's business unit, namely Guardian Health and
Beauty in the future, which were effected by Notary Deed on Statement of Resolutions of the
Extraordinary General Meeting of Shareholders No. 22 dated December 7, 2023 made before Mala
Mukti S.H., LL.M and has been approved by the Minister of Law and Human Rights of the Republic
of Indonesia with Letter No. AHU-0077962.AH.01.02.TAHUN 2023 and has been registered in the
Company Register No. AHU-0252146.AH.01.11.TAHUN 2023 dated December 13, 2023.
2
Page 3
The Company firstly listed its shares on the Indonesia Stock Exchange through an Initial Public
Offering held in 1989 under share code "HERO".
2. Shareholding Composition of the Company
The Company's capital structure as of the date of this Disclosure of Information is as follows:
Information Number of Nominal Value per Total Nominal
Shares Shares (Rp) Value (Rp)
Authorized Capital 9,000,000,000 50 450,000,000,000
Issued and Paid-Up 4,183,634,000 50 209,181,700,000
Capital
The Company's shareholders composition, based on the Shareholders Register issued by the
Company's Share Registrar (Biro Administrasi Efek (BAE)), PT EDI Indonesia, as of May 31, 2024,
is as follows:
No. Shareholders Number of Shares %
1 Mulgrave Corporation B.V. 2,660,194,960 63.59
2 The Dairy Farm Company Ltd* 1,075,607,367 25.71
3 Public Shareholders 447,831,673 10.70
TOTAL 4,183,634,000 100.00
*) The above number of shares includes the share ownership through another shareholder, namely
Credit Lyonnais Securities Asia (CLSA) Ltd.
3. Board of Commissioners and Board of Directors of the Company
The composition of the Board of Commissioners and Board of Directors of the Company as of the
date of this Disclosure of Information is as follows:
Board of Commissioners
President Commissioner : Ipung Kurnia
Independent Commissioner : Erry Riyana Hardjapamekas
Independent Commissioner : Lindawati Gani
Independent Commissioner : Natalia Poerwati Pangastuti Soebagjo
Commissioner : Jan Martin Onni Lindstrom
Commissioner : Tom Cornelis Gerardus van der Lee
Commissioner : Hei Lam Wong
Board of Directors
President Director : Hadrianus Wahyu Trikusumo
Director : Dina Sandri Fani
Director : Man Kit Lee
Director : Adrian Geoffrey Worth
4. Business Activities of the Company
In accordance with Article 3 of the Articles of Association of the Company, the purposes and
objectives and main business activities of the Company is to engage in retail business.
3
Page 4
5. Contact Details
The following are the Company's contact details:
Address : Graha Hero, CBD Bintaro Sektor 7 Blok B7 / A7, South Tangerang
Phone No. : (021) 8378 8388
Email address : extcomm@hero.co.id
B. Brief Description of RUMAH
1. Incorporation of RUMAH
RUMAH was established based on Deed of Establishment No. 48 dated May 18 th 2020 made
before the Notary Mala Mukti, S.H., LL.M. The deed of establishment was approved by the
Minister of Law and Human Rights of the Republic of Indonesia in its Decision Letter No. AHU-
0024520.AH.01.01.Year 2020 dated, May 19, 2020.
The RUMAH’s office is located at di Jalan Sutera Boulevard Kav. 45, Kel. Kunciran, Kec. Pinang,
Tangerang City, Banten Province.
2. Shareholding Composition of RUMAH
RUMAH's current shareholders composition is as follows:
No. Shareholders Number Total Nominal Value %
of Shares (Rp)
1 PT Hero Supermarket Tbk 115,233,411 1,152,334,110,000 99.99
2 PT Hero Intiputra 1 10,000 0.01
TOTAL 115,233,412 1,152,334,120,000 100.00
The majority shareholder of RUMAH based on the composition of share ownership above is
Company with an ownership of 99.99%, while the rest is PT Hero Intiputra of 0.01%.
3. Board of Commissioners and Board of Directors of RUMAH
The current composition of the Board of Commissioners and Board of Directors of RUMAH is as
follows:
Board of Commissioners
President Commissioner : Ipung Kurnia
Commissioner : Dina Sandri Fani
Board of Directors
President Director : Adrian Geoffrey Worth
Director : Hadrianus Wahyu Trikusumo
Director : Paulus Raharja
4
Page 5
4. Business Activities of RUMAH
In accordance with Article 3 of the Articles of Association of RUMAH, the purposes and objectives
and main business activities of RUMAH is to engage in retail business.
C. Brief Description of DFIRGTL
1. Incorporation of DFIRGTL
DFIRGTL is incorporated in Hong Kong based on Companies Registry No. 3182155 dated August
16, 2022 under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong), and DFIRGTL
is a limited company. DFIRGTL is domiciled on 5/F Devon HSE, Taikoo Place 979 King's Road,
Quarry Bay, Hong Kong.
Telephone Number : 2299 1961
Facsimile : 2299 2888
Email address : may.lee@dfiretailgroup.com
2. Shareholding Composition of DFIRGTL
Based on DFIRGTL’s Annual Return dated August 16, 2023, the shareholding composition of
DFIRGTL is as follows:
No. Shareholders Number Total Nominal Value %
of Shares (HKD)
1 DFI Retail Group Management 1 1 100.00%
Limited
TOTAL 1 1 100.00%
3. Management of DFIRGTL
Based on the DFIRGTL’s Notice of Change of Company Secretary and Director on December 1,
2023, the management composition of DFIRGTL is as follows:
Director : Jin Pengcheng
Director : Clem Charalambos Constantine
Director : Tom Cornelis Gerardus ven der Lee
Director : Chan Wai Man
4. Business Activities of DFIRGTL
DFIRGTL is principally engaged in Corporate Treasury Activities.
5
Page 6
II. DESCRIPTION OF THE TRANSACTION
A. Background of Transaction
The Company is one of the largest retailers in Indonesia, currently operating special retail businesses
through the health and beauty sector under the Guardian brand and the IKEA franchise in Indonesia
through its subsidiary, RUMAH, with a direct ownership of 99.99%.
As of December 31, 2023, the Company's sales reached IDR5.08 trillion, an increase of 14.9% from the
previous year. This revenue was driven by increased sales volumes in the special retail business
(Guardian and IKEA). This trend continued into the first quarter of 2024, with Guardian sales showing
improved performance. However, IKEA's performance was affected by a decline in demand for household
furniture.
In April 2024, the Company signed an agreement to transfer its entire supermarket business to PT Hero
Retail Nusantara, an Indonesian retail group led by local entrepreneur Ipung Kurnia. Ipung Kurnia
currently serves as the Company's President Commissioner. This transaction is expected to be completed
by the end of June 2024. Following this transaction, the Company's operations in Indonesia will be fully
focused to the Guardian and IKEA businesses.
To strengthen the Company's financial position as well as to support the development and cash
requirements of the Guardian and IKEA businesses, the Company and RUMAH plan to enter into a
related party loan agreement through the DFI Retail Group subsidiary, DFIRGTL, amounting to USD40
million.
The Company has considered this, recognising that the facility will provide flexibility to draw loans as
needed to support short-term liquidity requirements.
B. Transaction Object (Loan Agreement)
The object of this Transaction is the receipt of a revolving loan facility by the Company and its subsidiary,
RUMAH, from a related party, DFI Retail Group DFIRGTL. On 28 June 2024, the Company, RUMAH,
and DFIRGTL jointly signed the Loan Agreement.
C. Transaction Value (Available Facility)
Based on the Loan Agreement, the available loan facility amounts to up to USD40,000,000 (forty million
US dollars) or approximately IDR616,640,000,000 (six hundred and sixteen billion six hundred and forty
million rupiah) (at the exchange rate of IDR15,416 as of December 31, 2023). The total transaction value
of this loan amounts to 43.42% of the Company's equity based on the Company's Consolidated Audited
Financial Statements ending December 31, 2023, which were audited by the Public Accounting Firm
Tanudiredja, Wibisana, Rintis & Rekan.
D. Parties Conducting Transactions with the Company and the Nature of Their Affiliation
DFIRGTL, as the lender to the Company and Rumah, has an affiliation through DFI Retail Group
Management Limited. It is known that one of the Company's shareholders is DFCL, which is 100.00%
owned by DFI Retail Group Management Limited, and Rumah is a Subsidiary of the Company with a
direct ownership of 99.99%. Meanwhile, the shareholder of DFIRGTL is DFI Retail Group Management
Limited with a 100.00% ownership.
6
Page 7
E. Important Provisions under the Loan Agreement
1. Interest
Interest will be charged on each withdrawal, which is calculated based on the daily balance (including
on the withdrawal date) until the loan is fully repaid. Interest is calculated from and includes the first
day of the Interest Period and excludes the last day of the Interest Period, on the basis that 1 year
is 360 days, and must be paid on the date of the interest payment. Each Interest Period for a drawing
is to be a period of one week, one, two or three months (or such other period as is agreed by the
lender) as notified in the drawdown notice.
Interest rate means the rate per annum determined by the lender as the sum of (i) the margin in the
amount of 1.25% per annum and (ii) the USD lending rate as agreed upon by the parties or, failing
agreement, SOFR, provided that if any such rate is below zero, SOFR will be deemed to be zero.
2. Repayment
The Borrower agrees to repay each Drawing on the last day of its Interest Period. Subject to the
terms of the agreement, the Borrower may reborrow any part of the Facility which is repaid.
The availability of the facility is subject to the Lender’s overriding right of withdrawal and repayment
on demand (including the right to call for cash cover on demand for prospective and contingent
liabilities, if any).
The Lender is entitled at any time to demand immediate repayment of the outstanding amount upon
the occurrence of an Insolvency Event in relation to the Borrower.
3. Availability Period
The lending facility will be available up until 60 (sixty) months after the date of the Loan Agreement.
4. Security
The lending facility is provided without guarantee.
7
Page 8
5. Negative Covenants
Not regulated.
6. Governing Law
The Loan Agreement and non-contractual obligations incurred from or in relation thereto are
regulated by English law.
F. Analysis and Discussion of the Transaction's Impact on the Company
The planned Transaction will provide the Company with additional financial flexibility necessary to support
the development needs of Guardian and IKEA and fulfill the Company’s working capital and operating
cash needs. Any loan drawdown will increase cash balance of the Company and at the same time
increase intercompany borrowings balance. During the drawdown period, interest expense will be accrued
in the Profit & Loss Statement.
The Company is however not obligated to draw down on this facility and will not incur any costs related
to the maintenance of this facility.
G. Considerations and Reasons for Conducting Transactions with Affiliated Parties Compared to
Similar Transactions with Non-Affiliated Parties
The Company believes that executing Transactions with Affiliated Parties is more beneficial for
shareholders compared to Non-Affiliated Parties due to increased execution speed and funding
availability certainty. This transaction demonstrates management's commitment to strengthening the
Company's financial position and supporting its long-term business, which also helps provide additional
assurance to the Company's bank partners in accessing other funding sources.
Transactions with Non-Affiliated parties may require additional time to execute, which could potentially
have a negative impact on the Company's operations.
III. SUMMARY OF REPORTS AND INDEPENDENT ASSESSMENT OPINIONS
To ensure the fairness of the Transaction, the Company has also appointed an independent appraiser registered
with the OJK, namely Public Appraisal Firm Yanuar, Rosye & Rekan, with Yanuar Bey, S.E., M.M, MAPPI (Cert)
as the Public Appraiser, holding Certified Appraiser Number B-1.08.00044 and STTD Number STTD.PB-37/PJ-
1/PM.02/2023 ("Public Appraiser"), to provide an opinion on the fairness of the Transaction.
The Public Appraiser has no direct or indirect affiliation with the Company as defined in the Capital Market Law.
Below is a summary and opinion from the Appraiser regarding the Transaction based on the Fairness Opinion
Report Number No. 00022/2.0170-00/BS/NB-02/0044/1/VI/2024 dated 28 June 2024 ("Fairness Opinion
Report"):
A. Parties to the Proposed Transaction
The parties involved in the proposed Transaction are the Company, RUMAH and DFIRGTL.
8
Page 9
B. Analysis of the Object of the Fairness Opinion Report**
The analysis of the object of the Fairness Opinion Report pertains to the planned Transaction between
the Company and RUMAH with DFIRGTL concerning the provision of a loan from DFIRGTL to the
Company and RUMAH.
C. Purpose of the Fairness Opinion Report
The purpose of preparing this report is to provide an opinion on the fairness of the planned Transaction.
The objective of providing this Fairness Opinion is to serve the interests of the Capital Market in order to
comply with POJK 17 of 2020 and POJK 42 of 2020. According to POJK 17 of 2020, Article 33, “In the
event that a Material Transaction is an affiliated transaction as referred to in the Financial Services
Authority Regulation concerning affiliated transactions and conflict of interest transactions, the Public
Company is only required to comply with the provisions as stipulated in this Financial Services Authority
Regulation.” Therefore, this Fairness Opinion Report is solely used to meet the requirements as stipulated
in POJK 17 of 2020.
This Fairness Opinion should not be used outside the context or purpose of the stated fairness opinion.
D. Main Assumptions and Limiting Conditions
The main assumptions used in preparing the Fairness Opinion Report include:
• The Public Appraiser has produced a Fairness Opinion Report that is non-disclaimer in nature.
• The Public Appraiser has reviewed the documents used in the preparation process of the Fairness
Opinion Report.
• In preparing this report, the Public Appraiser relies on the accuracy and completeness of the
information provided by the Company and/or publicly available data/information, as well as other
information and research that the Public Appraiser considers relevant.
• The assignor declares that all material information related to the fairness opinion assignment has
been fully disclosed to the Public Appraiser and that there are no omissions of important facts.
• The Public Appraiser uses financial projections before and after the planned Transaction and
proforma financial statements submitted by the Company, reflecting the fairness of financial
projections and their achievability (fiduciary duty).
• The report produced is open to the public except for confidential information that may affect the
Company’s operations.
• The Public Appraiser is responsible for the execution of the Fairness Opinion and the fairness of the
adjusted financial projections.
• The Public Appraiser is responsible for the Fairness Opinion Report and the conclusions drawn.
• The Public Appraiser has obtained information on the legal status of the fairness opinion object from
the assignor.
• This Fairness Opinion Report is intended solely for compliance with OJK regulations and the
interests of the Capital Market.
• This Fairness Opinion Report is prepared based on market and economic conditions, general
business and financial conditions, and Government regulations related to the planned Transaction
as of the date this opinion is issued.
• The Public Appraiser assumes that the Company is a going concern and is managed by professional
and competent management, thus the premise used for preparing this Fairness Opinion Report is
the going concern premise.
9
Page 10
• In preparing this Fairness Opinion Report, the Public Appraiser uses several assumptions, such as
the fulfilment of all conditions and obligations of the Company and all parties involved in the planned
Transaction, and the accuracy of the information regarding the planned Transaction disclosed by
the Company's management.
The limitations used in preparing the Fairness Opinion Report include:
• The Public Appraiser did not conduct a due diligence process on the entities or parties involved in
the planned Transaction.
• In conducting the analysis, the Public Appraiser assumes and relies on the accuracy, reliability, and
completeness of all financial information and other information provided to the Public Appraiser by
the Company or generally available, which are essentially true, complete, and not misleading. The
Public Appraiser is not responsible for conducting an independent verification of such information.
The Public Appraiser also relies on assurances from the Company's management that they are not
aware of any facts that would make the information provided to us incomplete or misleading.
• The analysis of the Fairness Opinion Report on the planned Transaction action is prepared using
the data and information as disclosed above. Any changes to such data and information may
materially affect our final opinion. Therefore, we are not responsible for changes in our fairness
opinion conclusions due to changes in such data and information.
• The Public Appraiser does not provide an opinion on the tax impact of the planned Transaction. The
services we provide to the Company in relation to the planned Transaction are solely to provide a
Fairness Opinion on the planned Transaction and not accounting, auditing, or tax services. The
Public Appraiser did not conduct a study on the validity of the planned Transaction from a legal
perspective and the tax implications of the planned Transaction.
• The work related to the planned Transaction does not constitute and cannot be interpreted in any
form as a review or audit or the execution of certain procedures on financial information. This work
is also not intended to disclose weaknesses in internal control, errors, or irregularities in financial
statements or violations of the law. Additionally, the Public Appraiser does not have the authority
and is not in a position to obtain and analyse any other forms of transactions outside the planned
Transaction that may be available to the Company and the impact of such transactions on the
planned Transaction.
E. Methodology for Transaction Fairness Assessment
The approach and method used in preparing this report refer to the Regulation of the Financial Services
Authority of the Republic of Indonesia No. 35/POJK.04/2020 concerning Appraisal and Presentation of
Business Valuation Reports in the Capital Market ("POJK 35/2020") and Circular Letter of the Financial
Services Authority of the Republic of Indonesia No. 17/SEOJK.04/2020 concerning Guidelines for
Valuation and Presentation of Business Valuation Reports in the Capital Market ("SEOJK 17/2020"). For
fund borrowing and/or guarantee transactions, the Business Appraiser must consider the following
analyses:
• The amount of funds from the transaction object;
• The financial impact of the planned Transaction on the Company's interests; and
• The business considerations used by the Company's management regarding the planned
Transaction on shareholders' interests.
F. Conclusion and Opinion on the Fairness of the Transaction
• The Company obtains funding sources with interest charges, terms, and conditions that remain
favourable compared to similar loans provided by external third parties;
• The planned Transaction provides the Company with access to funding when needed;
• Inter-company loans give the Company better financial flexibility with access to loan facilities
where the Company has the option to withdraw; and
10
Page 11
• There are no losses arising from the planned Transaction and no costs to the Company if the
Company chooses not to draw on the loan.
Based on the analysis of the planned Transaction, qualitative and quantitative analyses, the fairness analysis
of the value of the planned Transaction, and the review of data and information obtained and used as disclosed
in this Fairness Opinion Report, we are of the opinion that the planned Transaction is FAIR.
IV. STATEMENT OF THE BOARD OF DIRECTORS AND BOARD OF COMMISSIONERS
A. The Board of Directors and the Board of Commissioners of the Company declare that the Transaction is
an Affiliated Transaction and does not contain any Conflict of Interest as referred to in OJK Rule 42/2020.
B. The Board of Directors and the Board of Commissioners of the Company declare that the Transaction is
a Material Transaction that does not require GMS approval for its execution as referred to in OJK Rule
17/2020.
C. The Board of Directors and the Board of Commissioners of the Company are responsible for the accuracy
of all information contained in this Disclosure of Information, and after thorough examination of the
available information related to the Transaction, hereby declare that to the best of their knowledge and
belief, there is no other important or material information related to the Transaction that is not disclosed
in this Disclosure of Information that could cause this Disclosure of Information to be untrue and/or
misleading.
V. ADDITIONAL INFORMATION
Should the shareholders of the Company need further information, they may contact the Company at:
PT HERO SUPERMARKET TBK
Store Support Centre (Head Office)
Graha Hero, CBD Bintaro Jaya Sektor 7 Blok B7/A7, Pondok Jaya, Pondok Aren,
South Tangerang, Banten 15220, Indonesia
Attn.: Corporate Secretary
Email: extcomm@hero.co.id
Yours faithfully,
Board of Directors of the Company
11
Names mentioned 28 people and organisations named in the text · linked when the evidence is strong
unresolved
org
HERO SUPERMARKET TBK
p.1 ×10
unresolved
org
FINANCIAL SERVICES AUTHORITY
p.1 ×5
unresolved
org
PT Rumah Mebel Nusantara
p.1
unresolved
org
Rosye & Rekan
p.1 ×2
unresolved
org
Rintis & Rekan
p.2 ×2
unresolved
org
Indonesia Stock Exchange
p.2 ×2
unresolved
person
Djojo Mulyadi
p.2
unresolved
org
PT Hero-Mini Supermarket. The Deed
p.2
unresolved
org
Minister of Justice
p.2
unresolved
org
Minister of Justice No. J.A.
p.2
unresolved
org
Minister of Law and Human Rights
p.2 ×2
unresolved
org
Mulgrave Corporation B.V.
p.3
unresolved
org
Dairy Farm Company Ltd*
p.3
unresolved
—
Erry Riyana Hardjapamek
· Independent Commissioner
p.3
unresolved
person
Notary Mala Mukti
p.4 ×2
unresolved
org
DFI Retail Group Management
p.5 ×3
unresolved
org
PT Hero Retail Nusantara
p.6
unresolved
person
Yanuar Bey
p.8
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 0.091
2671 ms
12 Sep 2026 23:01
Raw output
{'appraiser_exempt': None,
'appraiser_name': '',
'assets': [],
'currency': None,
'fact_type': '',
'issuer_name': '',
'kind': 'MATERIAL_FACT',
'kjpp_name': '',
'letter_number': '',
'object_text': '',
'object_truncated': False,
'parties': [],
'pct_of_equity': None,
'reference_period': '',
'requires_rups': None,
'rups_date': None,
'ticker': '',
'transaction_date': None,
'valuation_date': None,
'value': None}