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20260508_KKGI_Rencana Transaksi Perubahan Kegiatan Usaha_32079286_lamp2.pdf

Asset transaction Needs review KKGI

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Page 1
                                DISCLOSURE OF INFORMATION
                    IN RELATION TO THE ADDITION OF BUSINESS ACTIVITIES
 IN WAREHOUSING AND STORAGE, OTHER ACCOMMODATION, TOURISM AREA DEVELOPMENT, TOURISM
     INFORMATION SERVICES, AND TOURIST ATTRACTION INFORMATION SERVICES (“DISCLOSURE”)


 THIS DISCLOSURE IS MADE AND DISCLOSED TO SHAREHOLDERS OF THE COMPANY IN ORDER TO COMPLY
   WITH FINANCIAL SERVICES AUTHORITY REGULATION NO. 17/POJK.04/2020 CONCERNING MATERIAL
               TRANSACTIONS AND CHANGES IN BUSINESS ACTIVITIES (“POJK 17/2020”)




                                     PT RESOURCE ALAM INDONESIA TBK
                                             (the “Company”)

                                         Domiciled in Central Jakarta

                                              Line of Business:
     Mining and Extraction, Wholesale and Retail Trading, Real Estate, Financial and Insurance Activities,
                         Processing Industry, and Transportation and Warehousing


                                                Head Office:
                                     Bumi Raya Utama Group Building
                     Jl. Pembangunan I No. 03, Petojo Utara, Gambir, Jakarta Pusat 10190
                            Telephone: (021) 633 3036 (Hunting) ; (021) 3952 5530
                                          Facsimile: (021) 633 7006
                                          E-mail: info@raintbk.com
                                         Website: www.raintbk.com

The Board of Directors and the Board of Commissioners of the Company, both individually and collectively, bear
full responsibility for the accuracy and completeness of the information disclosed herein. After conducting
thorough research, they affirm that the information contained herein is accurate and that there are no
significant and relevant facts that have not been disclosed or omitted, which could render the information
provided in this Disclosure to be inaccurate and/or misleading.


If you have any difficulty understanding the information provided in this Disclosure, it is advisable to consult
with a legal advisor, public accountant, financial advisor, or other professionals.

                             This Disclosure is issued in Jakarta on 11 May 2026.




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   I. FOREWORD

This Disclosure to the shareholders of the Company is made in connection with the Company’s plan
to add business activities.

In connection with the matters set out above, the Board of Directors of the Company hereby
announces this Disclosure through the Company’s website and the IDX website, with the intention of
providing more comprehensive information and an overview to the shareholders of the Company
regarding the proposed Change in Business Activities, as regulated under Article 27 paragraph (1) of
POJK No. 17/2020. The Company also provides supporting data regarding the change in business
activities to shareholders as of the date of the announcement of the General Meeting of Shareholders
(GMS), as well as supporting documents to the Financial Services Authority, in accordance with the
provisions set out under Article 22 paragraph (1) letter c of POJK No. 17/2020.

This Disclosure serves as the basis for the shareholders of the Company to consider and approve the
proposed change in business activities, in the form of additional of the Company’s business activities,
which must first obtain prior approval from the Annual General Meeting of Shareholders of the
Company (“AGMS”), planned to be held on 18 June 2026.



   II. BRIEF DESCRIPTION OF THE COMPANY

    1. Brief History

        The Company is a public limited liability company established under the laws of the Republic
        of Indonesia, domiciled in Central Jakarta, and pursuant to its articles of association, is
        authorized to engage in business activities in the fields of Mining and Extraction, Wholesale
        and Retail Trading, Real Estate, Financial and Insurance Activities, Processing Industry, and
        Transportation and Warehousing.

        The Company was initially established under the name PT Kurnia Kapuas Utama Glue
        Industries, as set forth in Deed No. 32 dated 8 July 1981, drawn up before Didi Sudjadi, S.H., a
        Notary in Jakarta. The deed of establishment was approved by the Minister of Justice of the
        Republic of Indonesia pursuant to Decree No. Y.A.5/27/4 dated 16 March 1982 and was
        published in the State Gazette of the Republic of Indonesia No. 40 dated 20 May 1986,
        Supplement No. 690. Subsequently, the Company has undergone several amendments,
        including a change of name to PT Kurnia Kapuas Utama Tbk.

        Based on the Deed of Resolutions of the Extraordinary General Meeting of Shareholders of PT
        Kurnia Kapuas Utama Tbk No. 15 dated 5 September 2003, drawn up before Elisabeth
        Veronika Ely, S.H., a Notary in Pontianak, the Company’s name was changed from PT Kurnia
        Kapuas Utama Tbk to PT Resource Alam Indonesia Tbk. The deed was approved by the
        Minister of Justice and Human Rights of the Republic of Indonesia pursuant to Decree No. C-


                                                                                                   2/8
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   27044.HT.01.04.TH.2003 dated 12 November 2003 and was published in the State Gazette of
   the Republic of Indonesia No. 50 dated 22 June 2004, Supplement No. 5984.

   The Company’s Articles of Association have been amended several times, with the latest
   amendment set forth in the Deed of Meeting Resolutions of PT Resource Alam Indonesia Tbk
   No. 21 dated 17 June 2025, drawn up before Rini Yulianti, S.H., a Notary in East Jakarta, which
   has been duly notified and recorded by the Ministry of Law and Human Rights of the Republic
   of Indonesia based on Letter No. AHU-AH.01.03.0161492 dated 18 June 2025 concerning
   Receipt of Notification of Amendment to the Articles of Association and Letter No. AHU-
   AH.01.09-0299840 dated 18 June 2025 concerning Receipt of Notification of Amendment to
   Company Data.

2. Purpose and Objectives of Business Activities

   In accordance with Article 3 of the Company’s Articles of Association, the scope of the
   Company’s business activities is to engage in the following fields:

          a.   Mining and Extraction;
          b.   Wholesale and Retail Trading;
          c.   Real Estate;
          d.   Financial and Insurance Activities;
          e.   Processing Industry; and
          f.   Transportation and Warehousing.

3. Capital Structure and Shareholding Composition

   The Company’s capital structure is as follows:

               Information           Number of Shares     Nominal Value     Total Nominal Value
                                                          per Share (IDR)          (IDR)
     Authorized Capital               20,000,000,000                         200,000,000,000
     Issued and         Paid-up                                 10
                                       5,000,000,000                           50,000,000,000
     Capital

   The composition of the shareholders of the Company is as follows:

     No.                          Shareholder                 Number of Shares       Percentage
                                                                                         (%)
     1.          PT SEJAHTERA JAYA CITA                         1,391,585,329           27.83
     2.          BOS LTD S/A SINAR NUSANTARA SDN. BHD.           413,611,772            8.27
     3.          UBS AG SINGAPORE S/A ENERGY COLLIER            1,855,447,105           37.11
                 PRIVATE LTD.
     4.          LX INTERNATIONAL (SINGAPORE) PTE. LTD.          260.372,700            5.21


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      5.     Public (Others)                                      1,078,983,094           21.58
                               TOTAL                              5.000.000.000            100

 4. Composition of the Board of Directors and the Board of Commissioners of the Company

    Based on the Deed of Meeting Resolutions of PT Resource Alam Indonesia Tbk No. 15 dated
    12 December 2025, drawn up before Rini Yulianti, S.H., a Notary in East Jakarta, which has
    obtained the Receipt of Notification of Amendment to the Articles of Association from the
    Ministry of Law and Human Rights of the Republic of Indonesia pursuant to Letter No. AHU-
    AH.01.09-0369350 dated 3 February 2026, the composition of the Company’s supervisory and
    management bodies is as follows:

    Pintarso Adijanto                  : President Director
    Agoes Soegiarto Soeparman          : Director
    Wimpi Salim                        : Director
    Winanto                            : Director
    Eddy                               : Director
    Tan Ying Mei                       : Director

    Hendro Martowadojo                 : President Commissioner
    Suparno Adijanto                   : Commissioner
    Ge Luiyanto Yamin                  : Independent Commissioner
    Wonchil Yu                         : Commissioner
    Darma Putra Wati                   : Independent Commissioner

III. DESCRIPTION OF THE PROPOSED ADDITION OF BUSINESS ACTIVITIES

 1. Summary of the Appraiser’s Report

    In connection with the proposed addition of new Indonesian Standardized Industrial
    Classification (Klasifikasi Baku Lapangan Usaha Indonesia or “KBLI”) codes, the Company has
    appointed an Independent Appraiser registered with the Ministry of Finance, namely KJPP
    Felix Sutandar dan Rekan (the “Appraiser”), to provide an opinion on the proposed addition
    of such KBLI codes. The following is a summary of the feasibility study report based on Report
    Ref. No. 00267/2.0072-00/BS/04/0022/1/IV/2026 dated 24 April 2026 (the “Feasibility Study
    Report”).

 2. Purpose and Objectives

    The purpose and objective of the Feasibility Study on the proposed addition of the Company’s
    business activities is to conduct an analysis and assessment of the feasibility of such addition,
    in order to comply with POJK No. 17/2020 concerning Material Transactions and Changes in
    Business Activities.


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   The KBLI codes to be added are as follows:

      No.              KBLI Code                                 Description
      1.                 52101                  Warehousing and Storage
      2.                 55900                  Other Accommodation
      3.                 68120                  Tourism Area Development
      4.                 79911                  Tourism Information Services
      5.                 79912                  Tourist Attraction Information Services

3. Date of the Feasibility Study

   The cut-off date of this Feasibility Study Report is 31 December 2025. The selection of the
   Feasibility Study date is based on the purpose of the study, the applicable regulations, and the
   availability of data.

4. Assumptions and Limiting Conditions

     a. This Feasibility Study constitutes a non-disclaimer opinion.
     b. The Business Appraiser has reviewed the documents used in the Feasibility Study
        process.
     c. The data and information obtained are derived from sources considered reliable and
        accurate.
     d. The financial projections used have been adjusted and reflect the reasonableness of the
        projections prepared by management, taking into account their achievability.
     e. The Business Appraiser is responsible for the conduct of the Feasibility Study and the
        reasonableness of the financial projections.
     f. This Feasibility Study Report is open to the public, except for any confidential
        information that may affect the Company’s operations.
     g. The Business Appraiser is responsible for the Feasibility Study Report and its final
        conclusion.
     h. The Business Appraiser has obtained information on the legal status of the Feasibility
        Study object from the engaging party.

5. Methodology

   The procedures used in the Feasibility Study analysis are as follows
     a. Market feasibility;
     b. Technical feasibility;
     c. Business model feasibility;
     d. Management model feasibility; and
     e. Financial feasibility.



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    6. Opinion on the Feasibility of the Addition of Business Activities

          a. Based on the market feasibility analysis, the addition of KBLI codes will not result in any
             changes to the Company’s market share, market potential, or market value potential,
             as it does not lead to any changes in the Company’s future operational activities. The
             proposed addition of KBLI codes is solely intended to align the legal aspects of the
             Company’s existing warehouse leasing activities and land certification process.

          b. Based on the technical feasibility analysis, it is indicated that from a legal standpoint,
             the addition of KBLI codes will ensure that the Company’s future licensing in relation to
             its KBLI codes is aligned with its existing business activities. In addition, the addition of
             KBLI codes will enable the Company to continue the land certification process for land
             located within tourism zones.

          c. Based on the business model feasibility analysis, the addition of business activities will
             not result in any changes to the Company’s business model, as it does not affect the
             Company’s future operational activities. The proposed addition of KBLI codes is solely
             intended to align the legal aspects of the Company’s existing warehouse leasing
             activities and land certification process.

          d. Based on the management model feasibility analysis, the addition of business activities
             will not result in any changes to the Company’s management model, as it does not affect
             the Company’s future operational activities. The proposed addition of KBLI codes is
             solely intended to align the legal aspects of the Company’s existing warehouse leasing
             activities and land certification process.

          e. Based on the financial feasibility analysis, the addition of KBLI codes is considered
             feasible as it provides quantitative benefits, namely an increase in net profit of USD
             213,900 in 2026, USD 2,858,424 in 2027, and USD 238,255 annually during 2028–2030,
             compared to the scenario without the addition of KBLI codes.

    7. Conclusion

        Based on the matters set out above, it can be concluded that the proposed addition of the
        Company’s business activities is “FEASIBLE.”



  IV. AVAILABILITY OF EXPERTS IN RELATION TO THE PROPOSED ADDITION OF BUSINESS
      ACTIVITIES

With the addition of business activities, there will be no changes to the availability and quality of the
Company’s resources and professional experts, as the proposed addition of KBLI codes is solely
intended to align the legal aspects of the Company’s existing warehouse leasing activities and land


                                                                                                     6/8
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certification process. Accordingly, the addition of KBLI codes will not result in any changes to the
Company’s future operational activities.



   V. EXPLANATION, CONSIDERATIONS, AND RATIONALE FOR THE ADDITION OF BUSINESS
      ACTIVITIES

The Company is primarily engaged in coal mining, with operations located in the Kutai Kartanegara
area and its surroundings. The Company currently plans to complement its existing KBLI codes by
adding the following KBLI codes:

    a.   KBLI 52101 – Warehousing and Storage
    b.   KBLI 55900 – Other Accommodation
    c.   KBLI 68120 – Tourism Area Development
    d.   KBLI 79911 – Tourism Information Services
    e.   KBLI 79912 – Tourist Attraction Information Services

The addition of KBLI 52101 is carried out in connection with the Company’s ownership of a warehouse
building located at Jalan Ampera, Handil Bakti Subdistrict, Palaran District, Samarinda, which in recent
years has no longer been used for the Company’s operational activities and is currently leased to PT
Unilever Indonesia Tbk. Therefore, the Company intends to add KBLI 52101 to align its business
activities with such warehouse leasing activities.

In addition, the Company owns vacant land that has not yet been certified (customary/girik land)
located in Samarinda and Kutai Kartanegara. The land was previously used as a coal mining area that
has been fully mined and reclaimed, and therefore is currently unused and remains vacant.

The Company plans to proceed with the certification of such land. However, the certification process
faces constraints related to zoning designation, whereby part of the land in Kutai Kartanegara falls
within a tourism zone. In this regard, the Company is required to have KBLI codes related to tourism
activities as one of the prerequisites for the certification process.

In addition to fulfilling zoning requirements, land certification is also necessary for the Company to
mitigate the risk of the land being designated as abandoned land. Pursuant to Government Regulation
No. 20 of 2021 as amended by Government Regulation No. 48 of 2025, land that is not utilized for 2
(two) consecutive years may be designated as abandoned land, which may result in the revocation of
land rights and control by the state.




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  VI. EXPLANATION OF THE IMPACT OF THE ADDITION OF KBLI ON THE COMPANY’S FINANCIAL
      CONDITION

With the addition of business activities, the impact on the Company’s financial condition going
forward is as follows:

   a. The Company’s investment property will increase, as it will be able to secure ownership of
      land amounting to USD 5,522,224, consisting of the book value of girik land amounting to USD
      3,359,192 and certification costs capitalized thereto amounting to USD 2,163,032.
   b. The Company’s revenue will increase as it will be able to continue its warehouse leasing
      activities, thereby contributing additional revenue of USD 274,231 in 2026 and USD 305,455
      annually for the period of 2027–2030.



 VII. OTHER MATERIAL MATTERS RELATED TO THE ADDITION OF BUSINESS ACTIVITIES

   1. AGMS and Amendment to the Articles of Association

       The Company will seek shareholders’ approval for the addition of business activities and the
       amendment to the purpose and objectives as well as the business activities in the Company’s
       Articles of Association through the AGMS, to be held on 18 June 2026.

   2. Regulatory Compliance

       The addition of business activities is carried out with reference to the KBLI as stipulated under
       Regulation of the Central Statistics Agency (BPS) No. 7 of 2025, and with due regard to the
       disclosure requirements and shareholders’ approval through the General Meeting of
       Shareholders (GMS) as governed under POJK No. 17/2020.



 VIII. ADDITIONAL INFORMATION

If the shareholders require further information, they may contact the Company during the Company’s
business days and hours at:

                              PT RESOURCE ALAM INDONESIA TBK
                                Bumi Raya Utama Group Building
               Jl. Pembangunan I No. 03, Petojo Utara, Gambir, Jakarta Pusat 10190
                      Telephone: (021) 633 3036 (Hunting) ; (021) 3952 5530
                                    Facsimile: (021) 633 7006
                                   Website: www.raintbk.com
                                    E-mail: info@raintbk.com



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linked org RESOURCE ALAM INDONESIA TBK p.1 ×14
linked — Kurnia Kapuas p.2 ×4
linked org SINAR NUSANTARA p.3
linked — UBS AG SINGAPORE S/A p.3
linked person Pintarso Adijanto p.4
linked person Agoes Soegiarto Soeparman p.4
linked person Wimpi Salim p.4
linked person Tan Ying Mei p.4
linked person Suparno Adijanto p.4
linked person Ge Luiyanto Yamin p.4
linked person Wonchil Yu p.4
linked person Darma Putra Wati p.4
linked org Unilever Indonesia Tbk. p.7 ×2
unresolved org FINANCIAL SERVICES AUTHORITY p.1 ×2
unresolved org PT Kurnia Kapuas Utama Glue Industries p.2
unresolved person Didi Sudjadi · Notaris p.2
unresolved org Minister of Justice p.2
unresolved org Kurnia Kapuas Utama Tbk. p.2 ×6
unresolved person Elisabeth Veronika Ely · Notaris p.2
unresolved org Minister of Justice and Human Rights p.2
unresolved person Rini Yulianti · Notaris p.3 ×3
unresolved org Ministry of Law and Human Rights p.3 ×2
unresolved org PT SEJAHTERA JAYA CITA p.3
unresolved org BOS LTD p.3
unresolved org PRIVATE LTD. p.3
unresolved org PTE. LTD. p.3
unresolved org Ministry of Finance p.4
unresolved org KJPP Felix Sutandar dan Rekan p.4
unresolved org KJPP Felix Sutandar p.4

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