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20240508_TPIA_Laporan Informasi dan Fakta Material_31637331_lamp4.pdf
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INFORMATION DISCLOSURE
PT CHANDRA ASRI PACIFIC TBK
This Information Disclosure is prepared in order to fulfill the requirements of Regulation of the
Financial Services Authority of the Republic of Indonesia No. 42/POJK.04/2020 on Affiliated
Transaction and Transaction of Conflict of Interest (“POJK 42/2020”).
PT Chandra Asri Pacific Tbk
(the “Company”)
Line of Business:
Petrochemical
Head Office:
Wisma Barito Pacific Tower A, 7th Floor
Jl. Letjen S. Parman Kav. 62-63, Jakarta 11410
Telephone: (021) 530 7950
Faximile: (021) 530 8930
E-mail: corporatesecretary@capcx.com
Website: http://www.chandra-asri.com
Subject: Information Disclosure on Affiliated Transaction related to the Provision of Guarantee
by the Company for the Benefit of CAPGC Pte. Ltd. under the Sale and Purchase
Agreement relating to the Sale and Purchase of the Entire Issued Share Capital of Shell
Singapore Energy Park Pte. Ltd. dated 8 May 2024 (“SPA”).
This Information Disclosure is published in Jakarta on 8 May 2024
BACKGROUND
On 8 May 2024, the Company and Shell Singapore Pte. Ltd. (“Seller”) has signed a Deed of
Guarantee (“Deed of Guarantee”) in relation with shares acquisition of Shell Singapore Energy Park
Pte. Ltd. (“Target Company”) by CAPGC Pte. Ltd. (“Purchaser”), an 80% owned subsidiary of the
Company, from the Seller. Under the Deed of Guarantee, the Company, severally, unconditionally
and irrevocably guarantees, to the Seller the full, due and punctual performance and observation by
the Purchaser of the obligations of the Purchaser under the SPA (“Provision of Guarantee”).
The Provision of Guarantee is an affiliated transaction as referred to in POJK 42/2020 due to the
affiliation relationship between the Company and the Purchaser in terms of ownership and control of
the company, as explained further in this Information Disclosure.
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In accordance with the provision of Article 4 paragraph 1 letter (a) and (b) of POJK 42/2020, the
Company must announce this Information Disclosure on the Provision of Guarantee no later than 2
(two) working days after the signing of the Deed of Guarantee and must appoint an independent
appraiser to determine the fair value of the transaction object and/or the fairness of the transaction.
In the Provision of Guarantee, the Company will always comply with the provisions of the applicable
laws and regulations, including but not limited to the regulations in the capital markets sector and
the Law of the Republic of Indonesia No. 40 of 2007 regarding Limited Liability Companies as lastly
amended by Government Regulation in Lieu of Law of the Republic of Indonesia No. 2 of 2022 which
has been ratified by the Law of the Republic of Indonesia No. 6 of 2023.
INFORMATION REGARDING THE PROVISION OF GUARANTEE
A. Background and Reason the Guarantee is Provided
The Purchaser is the Company’s controlled entity which is established in Singapore and engaged
in investment holding business activity. The Purchaser is interested in acquiring the entire issued
share capital of Target Company and has gone through auction and negotiation processes with
the Seller. Considering all undertakings of the Seller and the Purchaser as set out in the SPA and
in order to provide comfort to the Seller, the Company is willing to guarantee certain obligations
of the Purchaser under the SPA to the extent and in proportion with the Company’s effective
shareholding interest in the Purchaser from time to time.
Under the SPA, the Seller has agreed to sell, and the Purchaser has agreed to purchase the
entire issued share capital of Target Company free from any encumbrance on the terms and
subject to the conditions of the SPA. The shares of Target Company shall be sold together with
all rights attached or accruing to the shares on or after the completion date (which is a date where
all conditions precedent are satisfied) including, without limitation, the right to receive all
dividends, distributions or any return of capital declared, paid or made by Target Company after
the completion date.
B. Benefits of Provision of Guarantee to the Purchaser
By entering into the Deed of Guarantee with the Seller, the Company provides sufficient comfort
to the Seller that the Purchaser will be able to fully perform the obligations of the Purchaser under
the SPA, especially the obligation to settle the transaction price on the closing date.
C. Description of the Deed of Guarantee
i. Signing Date
The Company and Seller have signed the Deed of Guarantee relating to the Sale and Purchase
Agreement of the Entire Issued Share Capital of Shell Singapore Energy Park Pte. Ltd. on 8 May
2024.
ii. Object of Guarantee
The purchase of entire issued share capital of the Target Company (Shell Singapore Energy Park
Pte. Ltd.) by CAPGC Pte. Ltd., a controlled subsidiary of the Company.
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iii. Summary of the Corporate Guarantee
The Deed of Guarantee dated 8 May 2024 is made between the Company and the Seller,
whereby the Company agreed to guarantee the performance of the Purchaser’s obligations as
stated in the SPA.
Effective Period of the Deed of Guarantee
The Deed of Guarantee is effective as of 8 May 2024 until the completion of all Purchaser’s
obligations under SPA.
The Company’s Guarantee
The Company, amongst other, guarantees to the Seller:
(a) the full, due and punctual performance and observation by the Purchaser of the obligations
of the Purchaser under the SPA (the "Guaranteed Obligations").
(b) If and whenever the Purchaser defaults for any reason in the performance of the
Guaranteed Obligations, the Company shall immediately on demand unconditionally
perform (or procure the performance of) such obligations in the manner prescribed by the
SPA or pay any amount payable by the Purchaser under the Guaranteed Obligations.
Governing Law
Laws of Singapore.
Dispute Settlement
Shall be finally and exclusively resolved by arbitration under the arbitration rules of the London
Court of International Arbitration (LCIA).
Guaranteed Amount
The guaranteed amount is 80% of the total transaction that will be paid by the Purchaser to
the Seller.
iv. The Parties to the Deed of Guarantee
1. The Company as the Guarantor
a. General Information
The Company was founded under the name PT Tripolyta Indonesia (“TPI”), domiciled
in West Jakarta, established based on Deed of Establishment No. 40 dated 2
November 1984 made before Ridwan Suselo, Notary in Jakarta, with the status as a
Domestic Investment Company based on Law No. 6 of 1968 concerning Domestic
Investment as revoked by Law No. 25 of 2007 concerning Capital Investment. TPI's
Deed of Establishment has been revised by the Deed of Entry and Resignation of the
Company's Founders and Amendment to Articles of Association No. 117 dated 7
November 1987 made before John Leonard Waworuntu, Notary in Jakarta, which has
been ratified by the Minister of Justice of the Republic of Indonesia, as amended from
time to time and hereinafter referred to as the Minister of Law and Human Rights of
the Republic of Indonesia ("Menkumham") in accordance with Decree No.
C2.1786.HT.01.01-Th'.88 dated 29 February 1988, recorded in the register book at the
West Jakarta District Court Office on 30 June 1988 under No. 639/1988 and No.
640/1988, and announced in the State Gazette of the Republic of Indonesia No. 63
dated 5 August 1988, Supplement No. 779.
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The Company is the surviving company in the merger process between the Company
and PT Chandra Asri based on Merger Deed No. 15 dated 9 November 2010, made
in the presence of Dr. Amrul Partomuan Pohan, S.H, LL.M., Notary in Jakarta, where
the merger became effective on 1 January 2011. On 15 November 2019, the
Company's shareholders through the Extraordinary General Meeting of Shareholders
(“EGMS”) and shareholders of PT Petrokimia Butadiene Indonesia ("PBI") through a
Circular Decision in Lieu of General Meeting of Shareholders No. 004/LGL PBI/SH
RES/XI/2019, has approved the merger plan between the Company and PBI where
the Company becomes the surviving company of the merger ("PBI Merger"). In
connection with PBI Merger, the Company and PBI have also signed a merger deed
as stated in Merger Deed No. 76 dated 15 November 2019, made before Jose Dima
Satria, S.H., M.Kn., Notary in Jakarta, which was notified to the Menkumham as
stated in the Company Merger Notification Acceptance Letter No. AHU-AH.01.10-
0010288 dated 22 November 2019 and has been registered in the Company Register
at the Ministry of Law and Human Rights of the Republic of Indonesia
("Kemenkumham") under No. AHU-0025871.AH.01.02.TAHUN 2019 dated 22
November 2019. The merger became effective on 1 January 2020.
Furthermore, on 7 December 2020, the Company's shareholders through the EGMS
and the shareholders of PT Styrindo Mono Indonesia ("SMI") through Circular
Decision in Lieu of General Meeting of Shareholders No. 004/LGL SMI/SH
RES/XII/2020, has approved the merger plan between the Company and SMI where
the Company becomes the surviving company of the merger. In connection with SMI
Merger, the Company and SMI have also signed a merger deed as stated in Merger
Deed No. 48 dated 7 December 2020, made before Jose Dima Satria, S.H., M.Kn.,
Notary in Jakarta, which was notified to Menkumham as stated in the Company
Merger Notification Acceptance Letter No. AHU-AH.01.10-0012537 dated 11
December 2020 and has been registered in the Company Register at Kemenkumham
under No. AHU-0082566.AH.01.02.TAHUN 2020 dated 11 December 2020. The
merger has become effective on 1 January 2021.
The latest amendment to the Company's articles of association is as contained in the
Deed of Statement of Meeting Resolutions on Amendments to the Articles of
Association No. 297 dated 29 December 2023, made before Nabila Mazaya Putri,
S.H., M.Kn., Substitute Notary of Jose Dima Satria, S.H., M.Kn., Notary in South
Jakarta, which has obtained the approval of Menkumham based on Decree No. AHU-
0000277.AH.01.02.TAHUN 2024 dated 3 January 2024 and has been registered in
the Company Register at Kemenkumham under No. AHU0000953.AH.01.11.TAHUN
2024 dated 3 January 2024 (“Deed No. 297/2023”). Based on Deed No. 297/2023,
the Company's shareholders have approved the change to Article 1 paragraph (1) of
the Company's Articles of Association regarding the Name and Place of Residence
of the Company, therefore the name of Company has changed from PT Chandra Asri
Petrochemical Tbk to PT Chandra Asri Pacific Tbk. In connection with the amendment
to the Company's Articles of Association, the Company's shareholders have also
agreed to restate all provisions of the Company's Articles of Association as stated in
Deed No. 297/2023.
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b. Business Activities
Based on Article 3 of the Company's Articles of Association, the Company's aims and
objectives are to operate in the processing industry, wholesale trade and management
consulting activities. To achieve these aims and objectives, the Company can carry out
business activities, including the following:
A. The main business activities carried out to realize the main business are as follows:
i. carrying out basic organic chemical industries sourced from petroleum, natural
gas and coal;
ii. carrying out business in making artificial resin and plastic raw materials (pure
plastic ore);
iii. carry out wholesale trade in solid, liquid and gas fuels and related products;
iv. carrying out wholesale trade in basic chemical materials and goods;
v. carries out wholesale trade in rubber and plastics in basic forms; and
vi. carry out other management consulting activities.
B. Supporting business activities that support the main business activities above are as
follows:
i. organize transportation via motorized transportation for general goods and
special goods as well as transportation via pipelines to ensure the continuity of
delivery of industrial products to consumers;
ii. carry out activities of loading and unloading goods as well as loading and
unloading ships;
iii. self-owned or rented real estate, which includes businesses to provide services
to other parties who utilize assets owned by the Company in the industrial sector,
including land rental services, maintenance services and other services related
to the petrochemical industry;
iv. carry out warehousing and temporary goods storage activities related to
petrochemical industry production before the goods are sent to their final
destination for commercial purposes;
v. carry out rental and leasing activities without option rights for processing industry
machines and equipment; and
vi. other business activities in the petrochemical industry that support the
Company's main business activities in accordance with applicable laws and
regulations.
c. The Company’s Management
The latest composition of the Company's Board of Commissioners and Board of Directors
is as follows:
Board of Commissioners
President Commissioner* : Djoko Suyanto
Vice President Commissioner* : Tan Ek Kia
Commissioner* : Ho Hon Cheong
Commissioner : Agus Salim Pangestu
Commissioner : Lim Chong Thian
Commissioner : Mongkol Hengrojanasophon
Commissioner : Chantanida Sarigaphuti
Commissioner : Sakchai Patiparnpreechavud
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Commissioner : Bandhit Thamprajamchit
Commissioner : Santi Wasanasiri
*) Also acting as Independent Commissioner
Board of Director
President Director : Erwin Ciputra
Vice President Director : Pholavit Thiebpattama
Vice President Director : Baritono Prajogo Pangestu
Director : Andre Khor Kah Hin
Director : Prapote Stianpapong
Director : Fransiskus Ruly Aryawan
Director : Suryandi
Director : Sarayuth Vorapruekjaru
Director : Petch Niyomsen
Director : Anawat Chansaksoong
Director : Suwit Wiwattanawanich
Director : Phuping Taweesarp
Director : Boedijono Hadipoespito
Director : Edi Riva’i
Director : Raymond Budhin
d. Capital Structure and Shareholding Composition
Capital structure and shareholding composition of the Company on the date of this
Information Disclosure is issued are as follows:
Authorized Capital : Rp12,264,785,664,000
Issued Capital : Rp4,325,577,254,600
Paid Up Capital : Rp4,325,577,254,600
The Company’s authorized capital is divided into 86,511,545,092 shares, each with par
value of Rp.50 per share.
Meanwhile, the latest composition of the Company’s share ownership pursuant to
Shareholder Register as of 30 April 2024 is as follows:
Nominal Amount
No. Name of Shareholder Share Amount %
(Rp)
1. PT Barito Pacific Tbk 1,497,883,520,000 29,957,670,400 34.63
2. SCG Chemicals Public Company 1,322,330,946,200 26,446,618,924
30.57
Limited
3. Prajogo Pangestu 261,783,988,200 5,235,679,764 6.05
4. PT Top Investment Indonesia 648,836,588,000 12,976,731,760 15.00
5. Public 594,742,212,200 11,894,844,244 13.75
Total 4,325,577,254,600 86,511,545,092 100.00
2. CAPGC Pte. Ltd. as the Beneficiary
a. General Information
CAPGC Pte. Ltd. (UEN 202416190H) was established under the Laws of Singapore on
23 April 2024.
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b. Business Activities
CAPGC Pte. Ltd. is having an investment holding business activity.
c. The Company’s Management
Director : Quek Chin Thean
Director : Nancy Pangestu Tabardel
Director : Andre Khor Kah Hin
d. Capital Structure and Shareholding Composition
CAPGC Pte. Ltd. has 10 ordinary share with a value of US$10, and the latest shareholding
composition of CAPGC Pte. Ltd. is as follows:
No. Shareholder Name Amount Number of %
(US$) Share
1. Chandra Asri Capital Pte. Ltd. 8 8 80
2. Glencore Asian Holdings Pte. Ltd. 2 2 20
Total 10 10 100
Thus, CAPGC Pte. Ltd. is a controlled entity of the Company as referred to in POJK
42/2020 considering that the Company indirectly controls CAPGC Pte. Ltd. through
Chandra Asri Capital Pte. Ltd.. Moreover, Andre Khor Kah Hin which is a Director in the
Company also becomes a Director in CAPGC Pte. Ltd.
3. Shell Singapore Pte. Ltd. as the Seller
a. General Information
Shell Singapore Pte. Ltd. (UEN 196000089G) was established under the Laws of
Singapore on 2 August 1960.
b. Business Activities
Shell Singapore Pte. Ltd. is having a Petroleum Refineries, Trading & Marketing of
Petroleum, Petrol Chemicals and Allied Products business activity.
c. The Company’s Management
Director : Aw Kah Peng
Director : Loura Widjaja
Director : Tan Min Yih
Director : Shirley Yap
Director : Tan Siang Liew Louis
d. Capital Structure and Shareholding Composition
Shell Singapore Pte. Ltd. has 536,778,852 ordinary share with a value of
US$5,367,788,520 and 25,915,902 preference shares with a value of US$259,159,020,
and the latest shareholding composition of Shell Singapore Pte. Ltd. is as follows:
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Composition of ordinary shares
No. Shareholder Name Amount (US$) Number of %
Share
1. Shell Petroleum B.V. 5,361,446,670 536,144,667 99,88
2. Shell Overseas Investments B.V. 6,341,850 634,185 0,12
Total 5,367,788,520 536,778,852 100
Composition of preference shares
No. Shareholder Name Amount (US$) Number of %
Share
1. Shell Petroleum B.V. 240,780,870 24,078,087 92,9
2. Shell Overseas Investments B.V. 18,378,150 1,837,815 7,1
Total 259,159,020 25,915,902 100
Thus, there is no affiliation relationship between the Company and Shell Singapore Pte.
Ltd. as referred to in POJK 42/2020.
v. Nature of Affiliation Relationship of the Parties Involved in Provision of Guarantee
1. Affiliation relationship in terms of company’s ownership and control:
The relationship between the Company and CAPGC Pte. Ltd. is formed because CAPGC Pte.
Ltd. is a controlled entity of the Company where the Company indirectly control CAPGC Pte.
Ltd. through Chandra Asri Trading Company Pte. Ltd. and Chandra Asri Capital Pte. Ltd.
2. Affiliation relationship in terms of company management:
Andre Khor Kah Hin who is a Director of the Company, also serves as Director of CAPGC Pte.
Ltd.
3. There is no affiliation relationship between the Company and the Seller.
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SUMMARY OF FAIRNESS OPINION
Kantor Jasa Penilai Publik ("KJPP") Kusnanto & rekan ("KR") as registered KJPP based on the
Ministry of Finance Decree No. 2.19.0162 dated 15 July 2019 and listed as a capital market
supporting profession of OJK under Registered Letter of Capital Market Supporting Profession of
OJK No. STTD.PB-01/PJ-1/PM.223/2023 (business appraiser), has appointed by the Company's
management to give an opinion as independent appraiser on the fairness of Provision of
Guarantee in accordance to the engagement letter No. KR/240408-001 dated 8 April 2024 which
was approved by the Company's management
The following is a summary of the fairness opinion as presented in the Fairness Opinion Report
on the Provision of Guarantee No. 00058/2.0162-00/BS/04/0153/1/V/2024 dated 8 May 2024:
a. Parties Involved in the Transaction
The parties involved in the Provision of Guarantee are the Company and Seller.
b. Transaction Objects of the Fairness Opinion
The transaction object in the Fairness Opinion of the Provision of Guarantee is the transaction
where the Company unconditionally and irrevocably guarantee to Seller the full, due and
punctual performance and observation by the Purchaser of the obligations of the Purchaser
under the SPA, with the guaranteed amount from the Company is 80% of the total transaction
that will be paid by the Purchaser to the Seller upon the completion of the acquisition of Target
Company.
c. Purpose and Objective of the Fairness Opinion
Purpose and objective of the preparation of the Fairness Opinion on the Provision of
Guarantee is to provide an overview on the fairness of the Provision of Guarantee to the
Company’s Directors from financial aspects and to comply with the applicable regulations, i.e.
POJK 42/2020.
This Fairness Opinion is prepared in compliance with the provisions of OJK Regulation No.
35/POJK.04/2020 concerning Valuation and Presentation of Business Valuation Report in
Capital Markets dated 25 May 2020 as well as Indonesian Valuation Standards 2018, Revised
Edition SPI300, SPI310, SPI320, SPI330.
d. Limiting Conditions and Major Assumptions
The Fairness Opinion analysis on the Provision of Guarantee is prepared using the data and
information as disclosed above, such data and information of which KR have reviewed. In
performing the analysis, KR relied on the accuracy, reliability and completeness of all financial
information, information on the legal status of the Company and other information provided to
KR by the Company or publicly available and KR are not responsible for the accuracy of such
information. Any changes to the data and information may materially influence the outcome
of our opinion. KR also relied on assurances from the management of the Company that they
did not know the facts which led to the information given to KR to be incomplete or misleading.
Therefore, KR are not responsible for the changes in the conclusions of our Fairness Opinion
caused by changes in those data and information.
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The Company's financial projections was prepared by the Company's management. KR have
reviewed such financial projections and those financial projections have described the
operating conditions and performance of the Company. Overall, there were not any significant
adjustments to be made to the performance targets of the Company.
KR did not perform an inspection of the Company's fixed assets or facilities. In addition, KR
also did not give an opinion on the tax impact of the Provision of Guarantee. The service KR
provided to the Company in connection with the Provision of Guarantee merely was the
provision of the Fairness Opinion on the Provision of Guarantee, not accounting services,
auditing or taxation. KR did not perform observation on the validity of the Provision of
Guarantee from legal aspects and implication of taxation aspects. The Fairness Opinion on
the Provision of Guarantee was only performed from economic and financial aspects. The
fairness opinion report on the Provision of Guarantee represented a non-disclaimer opinion
and is an open-for-public report unless there is confidential information on such report, which
might affect the Company's operations. Furthermore, KR have also obtained the information
on the legal status of the Company and Purchaser based on the articles of association of the
Company and Purchaser.
Our work related to the Provision of Guarantee was not and could not be interpreted in any
form, a review or an audit or an implementation of certain procedures of financial information.
The work was also not intended to reveal weaknesses in internal control, errors or
irregularities in the financial statements or violation of law. In addition, KR did not have the
authority and was not in a position to obtain and analyze a form of other transactions that
existed and might be available to the Company other than the Provision of Guarantee and the
effect of these transactions to the Provision of Guarantee.
This Fairness Opinion was prepared based on the market and economic conditions, general
business and financial conditions as well as government regulations related to the Provision
of Guarantee on the issuance date of this Fairness Opinion.
In preparing the Fairness Opinion, KR applied several assumptions, such as the fulfillment of
all conditions and obligations of the Company as well as all parties involved in the Provision
of Guarantee. Provision of Guarantee would be executed as described accordingly to a
predetermined time period and the accuracy of the information regarding the Provision of
Guarantee which was disclosed by the Company's management.
The Fairness Opinion should be viewed as a whole and the use of partial analysis and
information without considering other information and analysis as a whole may cause a
misleading view and conclusion on the process underlying the Fairness Opinion. The
preparation of the Fairness Opinion was a complicated process and might not be possible to
perform through incomplete analysis.
KR also assumed that from the issuance date of the Fairness Opinion until the execution date
of the Provision of Guarantee, there is no changes that could materially affect the assumptions
used in the preparation of the Fairness Opinion. KR are not responsible to reaffirm or to
supplement or to update our opinion due to the changes in the assumptions and conditions
as well as events occurring after the letter date. The calculation and analysis in the Fairness
Opinion have been performed properly and KR are responsible for the fairness opinion report.
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The conclusion of the Fairness Opinion is applicable for no changes that might materially
impact on the Provision of Guarantee. Such changes include, but not limited to, the changes
in conditions both internally on the Company and externally on the market and economic
conditions, general conditions of business, trading and financial as well as government
regulations of Indonesia and other relevant regulations after the issuance date of the fairness
opinion report. Whenever after the issuance date of the fairness opinion report such changes
occur, the Fairness Opinion on the Provision of Guarantee might be different.
e. The Approaches and Procedures of the Fairness Opinion on the Transaction
In evaluating the Fairness Opinion on the Provision of Guarantee, KR had performed analysis
through the approaches and procedures of the Fairness Opinion on the Provision of
Guarantee as follows:
I. Analysis of the Provision of Guarantee;
II. Qualitative and quantitative analysis of the Provision of Guarantee; and
III. Analysis of the fairness on the Provision of Guarantee.
f. Conclusion
Based on the scope of works, assumptions, data, and information acquired from the
Company's management which was used in the preparation of this fairness opinion report, a
review of the financial impact on the Provision of Guarantee as disclosed in the fairness
opinion report, therefore in KR opinion, the Provision of Guarantee is fair.
EXPLANATION, CONSIDERATION, AND REASON FOR THE TRANSACTION,
COMPARED TO IF OTHER SIMILAR TRANSACTIONS ARE CARRIED OUT BUT ARE
NOT CARRIED OUT WITH AFFILIATED PARTIES
The Board of Directors of the Company states that this Provision of Guarantee has gone through
adequate procedures and ensures that the Provision of Guarantee is carried out in accordance
with generally accepted business practices, namely a procedure that compares the terms and
conditions of transactions that are equivalent to transactions between parties who have no
affiliation and are carried out in compliance with the fair transaction (arm's-length principle).
STATEMENT OF THE BOARD OF COMMISSIONERS AND
THE BOARD OF DIRECTORS OF THE COMPANY
1. The information conveyed in this Information Disclosure is complete and in accordance
with POJK 42/2020.
2. The Provision of Guarantee has been conducted in accordance with the procedure for the
affiliated transaction implemented by the Company as referred to in POJK 42/2020.
3. The Provision of Guarantee does not constitute a conflict of interest transaction as referred
to in POJK 42/2020.
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4. The Provision of Guarantee does not constitute a material transaction referred to in OJK
Regulation No. 17/POJK.04/2020 on Material Transactions and Change of Business
Activities.
5. The Board of Commissioners and Board of Directors of the Company declare that all
material information or facts contained in the Information Disclosure in connection with the
Provision of Guarantee have been disclosed and the information does not contain false or
misleading information or facts.
ADDITIONAL INFORMATION
For further information regarding the above matters, the stakeholder can contact the Company
through one of the following communication media during business hours.
Head Office
Wisma Barito Pacific Tower A, 7th Floor
Jl. Let. Jend. S. Parman Kav-62-63, Jakarta 11410
Telp: (62-21) 530 7950
Fax: (62-21) 530 8930
E-mail: corporatesecretary@capcx.com
U.P.: Corporate Secretary
Thus, the Information Disclosure that we can convey. We thank you for your attention and
cooperation.
Yours faithfully,
PT Chandra Asri Pacific Tbk
[signed] [signed]
Andre Khor Kah Hin Suryandi
Director Director
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Names mentioned 42 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Financial Services Authority
p.1
unresolved
org
CAPGC Pte. Ltd.
p.1 ×12
unresolved
org
Shell Singapore Energy Park Pte. Ltd.
p.1 ×4
unresolved
org
Shell Singapore Pte. Ltd.
p.1 ×4
unresolved
org
PT Tripolyta Indonesia
p.3
unresolved
person
Ridwan Suselo
· Notaris
p.3
unresolved
person
John Leonard Waworuntu
· Notaris
p.3
unresolved
org
Minister of Justice
p.3
unresolved
org
Minister of Law and Human Rights
p.3
unresolved
org
West Jakarta District Court
p.3
unresolved
org
PT Chandra Asri
p.4
unresolved
person
Dr. Amrul Partomuan Pohan
p.4 ×2
unresolved
org
PT Petrokimia Butadiene Indonesia
p.4
unresolved
person
Jose Dima Satria
· Notaris
p.4 ×4
unresolved
org
Ministry of Law and Human Rights
p.4
unresolved
org
PT Styrindo Mono Indonesia
p.4
unresolved
person
Nabila Mazaya Putri
p.4
unresolved
org
Chandra Asri Petrochemical Tbk
p.4 ×2
unresolved
—
SCG Chemicals Public
p.6
unresolved
org
General Information CAPGC Pte. Ltd.
p.6
unresolved
org
Business Activities CAPGC Pte. Ltd.
p.7
unresolved
org
Shareholding Composition CAPGC Pte. Ltd.
p.7
unresolved
org
Chandra Asri Capital Pte. Ltd.
p.7 ×3
unresolved
org
Glencore Asian Holdings Pte. Ltd.
p.7
unresolved
org
General Information Shell Singapore Pte. Ltd.
p.7
unresolved
org
Business Activities Shell Singapore Pte. Ltd.
p.7
unresolved
org
Shareholding Composition Shell Singapore Pte. Ltd.
p.7
unresolved
org
Shell Petroleum B.V.
p.8 ×3
unresolved
org
Shell Overseas Investments B.V.
p.8 ×3
unresolved
org
Chandra Asri Trading Company Pte. Ltd.
p.8
unresolved
org
Ministry of Finance Decree
p.9
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