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[Unofficial Translation]
No: 041/DIR-STP/VII/2024 Jakarta, 1 July 2024
To:
PT Bursa Efek Indonesia (BEI)
Gedung Bursa Efek Indonesia, Lt. Dasar
Jl. Jenderal Sudirman Kav 52-53
Jakarta 12190
Up.: Mr. I Gede Nyoman Yetna
Director of Listing
Re: Report of 2024 Annual Public Expose Result of PT Solusi Tunas Pratama Tbk (the “Company”)
Dear Sir,
Referring to Point III.3.3.4 Decree of BEI No. Kep-00066/BEI/09-2022 dated 30 September 2022 regarding
Changes of Regulation Number I-E on Obligation to Convey Information and the letter of the Company No.
033/DIR-STP/VI/2024 dated 10 June 2024 regarding Announcement of the Plan of 2024 Public Expose.
We hereby inform you that the Company has held the 2024 Public Expose with the implementation report as
follows:
1. 2024 Public Expose:
Day/Date : Wednesday/26 June 2024
Time : 10.30 – 11.30 WIB
Location : Zoom Webinar
Link : https://bit.ly/PUBEXSUPR2024
2. The Management of the Company that attended the 2024 Public Expose of the Company:
President Director : Mrs. Juliawati Gunawan Halim
Director : Mr. Wong Tjin Tak
The 2024 Public Expose of the Company was also attended by Mr. Adam Gifari, as the Vice President Director
of the controlling company whose financial statements are consolidated, namely PT Profesional
Telekomunikasi Indonesia.
3. List of participants that attended the 2024 Public Expose of the Company is attached in Attachment 1 of this
letter.
4. Summary of questions and answers discussed during the 2024 Public Expose of the Company is attached in
Attachment 2 of this letter.
We thank you for your kind attention.
[signature page on the next page]
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Yours faithfully, PT Solusi Tunas Pratama Tbk [signed] [signed] Juliawati Gunawan Halim Wong Tjin Tak President Director Director Cc: Chief Executive of Capital Markets of the Financial Services Authority
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Attachment 1 LIST OF ATTENDANCE OF 2024 ANNUAL PUBLIC EXPOSE OF PT SOLUSI TUNAS PRATAMA Tbk 1. Annisa Kurniasari Saumi from Bisnis Indonesia 2. Yuliana Hema from Kontan 3. Muhamad Ghafur F from Investor Daily 4. Ahmad Nabhani from Neraca 5. Komarudin Muchtar from Emiten News 6. Danang Sugianto from Detik.com 7. Kiki Safitri from Kompas 8. Iwan Supriyatna from Suara.com 9. Satya Budi Darmawan from Ipotnews 10. Taufan Sukma Abdi Putra from IDX Channel
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Attachment 2
SUMMARY OF QUESTIONS & ANSWERS
2024 ANNUAL PUBLIC EXPOSE
PT SOLUSI TUNAS PRATAMA Tbk (the “Company”)
1. Annisa Kurniasari Saumi (Bisnis Indonesia)
Question: 1. Why the Company has not increased its public shareholding and when will the Company
increase its public shareholding?
2. How much is the capital expenditure budget for 2024 and what will it be allocated for?
3. What is the Company’s expansion plan for 2024 and is there any plan to acquire towers?
Answer: 1. Up to the date of the 2024 Public Expose, the Company has conducted a shareholder
data update as a form of communication to shareholders of the Company. Furthermore,
the Company has corresponded with the Indonesia Stock Exchange (IDX) and the
Financial Services Authority (OJK). The Company ensures that it will always comply with
the regulations related to the obligation to fulfill the minimum free float shares
requirement for a public company.
2. The Company has budgeted approximately IDR500billion-IDR600billion for capital
expenditure. The majority of this budget will be allocated to build new towers and
additional tower collocation.
3. The Company has no expansion through acquisition, the Company chooses to focus on
organic growth.
2. Yuliana Hema (Kontan)
Question: 1. What is the Company's strategy to achieve the free float requirement? Since the
Company is currently included in the special monitoring board (papan pemantauan
khusus). How is the Company's commitment?
2. What is the top line growth target in 2024? How about the bottom line? Is there a
possibility of a positive outcome in 2024?
3. What is the Company's tower addition target for 2024? And how many new tenants are
targeted by the Company?
Answer: 1. Up to the date of the 2024 Public Expose, the Company has conducted a shareholder
data update as a form of communication to shareholders of the Company. Furthermore,
the Company has corresponded with the Indonesia Stock Exchange (IDX) and the
Financial Services Authority (OJK). The Company ensures that it will always comply with
the regulations related to the obligation to fulfill the minimum free float shares
requirement for a public company.
2. The Company is targeting revenue of IDR1.8trillion-IDR1.9trillion for the top line and
IDR800billion-IDR900billion for the bottom line.
3. The Company is targeting the addition of new towers at around 50-100 towers. For
additional tenancy, the Company is targeting around 13,000 tenancies by the end of
2024.
3. I Made Sentana (Mergermarket)
Question: From where are the sources of funds for capital expenditure for 2024? Is there any
fundraising plan from the Company?
Answer: The Company's source of funds for Capital Expenditure in 2024 comes from a combination
of internal funds and bank loans and there are no fundraising plans from the Company.
Currently, the Company's net leverage is around 1.1x.
Names mentioned 8 people and organisations named in the text · linked when the evidence is strong
unresolved
person
I Gede Nyoman Yetna
p.1
unresolved
org
Financial Services Authority
p.2 ×3
unresolved
org
Indonesia Stock Exchange
p.4 ×2
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