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INFORMATION DISCLOSURE TO SHAREHOLDERS
REGARDING ADDITIONAL BUSINESS ACTIVITIES
PT FAJAR SURYA WISESA TBK
(“INFORMATION DISCLOSURE”)
THIS INFORMATION DISCLOSURE IS IMPORTANT FOR SHAREHOLDERS TO REVIEW IN CONNECTION WITH
THE PLAN TO ADD INDONESIAN STANDARD INDUSTRIAL CLASSIFICATION (“KBLI”) OF PT FAJAR SURYA
WISESA TBK (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”).
IF YOU EXPERIENCE ANY DIFFICULTY IN UNDERSTANDING THE INFORMATION CONTAINED IN THIS
INFORMATION DISCLOSURE OR HAVE ANY DOUBTS IN MAKING A DECISION, YOU ARE ADVISED TO
CONSULT WITH COMPETENT PARTIES OR PROFESSIONAL ADVISORS.
PT FAJAR SURYA WISESA TBK
Main Business Activity:
Paper and Corrugated Paperboard Industry
Based in Central Jakarta, Indonesia
Head Office
Jl. Abdul Muis No. 32
Jakarta Pusat, Indonesia
Tel. +62 21 3441316
E-mail: ir@fajarpaper.com
Website : www.fajarpaper.com
THE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTORS OF THE COMPANY JOINTLY
ASSUME FULL RESPONSIBILITY FOR THE ACCURACY OF THIS INFORMATION PROVIDED TO
SHAREHOLDERS, AND CONFIRM THAT, TO THE BEST OF THEIR KNOWLEDGE, THERE ARE NO
MATERIAL AND RELEVANT FACTS THAT HAVE NOT BEEN DISCLOSED WHICH COULD CAUSE THIS
INFORMATION TO BE INACCURATE AND/OR MISLEADING.
This Information Disclosure is issued in Jakarta on 4 May 2026
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INTRODUCTION
This Information Disclosure is prepared in connection with changes in the Company’s business
activities as referred to in POJK 17/2020, whereby the Company plans to add a new business
activity, namely KBLI 70202 (Management and Industrial Business Consulting Activities) (the
“Additional Business Activity”).
In connection with the foregoing, the Company’s Board of Directors announces this Information
Disclosure through the Company’s website and the Indonesia Stock Exchange website with the
intention of providing more comprehensive information and overview to the Company’s
shareholders regarding the plan for the Additional Business Activity. The Company also provides
data related to the additional business activity to shareholders from the date of the
announcement of the Extraordinary General Meeting of Shareholders (“EGMS”), and submits
supporting documents to the OJK in accordance with the provisions of POJK 17/2020.
This Information Disclosure serves as a basis for consideration by the Company’s shareholders in
granting approval for the plan for the Additional Business Activity.
BRIEF DESCRIPTION OF THE COMPANY
Company History
The Company was established based on Deed of Limited Liability Company No. 20 dated 13 June
1987, as amended by Deed of Amendment No. 5 dated 2 December 1987, both executed before
Lenny Budiman, S.H., a Notary in Jakarta, which obtained approval from the Ministry of Justice
based on Decree No. C2-1737-HT.01.01.TH’88 dated 29 February 1988 and was registered in the
registry book of the Central Jakarta District Court under No. 637/1988 dated 25 March 1988 (the
“Deed of Establishment”). The Deed of Establishment was published in State Gazette No. 36 dated
4 May 1990, Supplement to the State Gazette of the Republic of Indonesia No. 1623/1990.
The Company’s Articles of Association have been amended several times, most recently by Deed
of Statement of Meeting Resolutions and Amendment to the Articles of Association No. 89 dated
30 December 2025, executed before Mochamad Nova Faisal, S.H., M.Kn., a Notary in South Jakarta,
which has been notified to the Ministry of Law and Human Rights based on Receipt of Notification
of Amendment to the Articles of Association No. AHU-AH.01.03-0015356 dated 20 January 2026,
and has been recorded in the Company Register at the Ministry of Law and Human Rights under
No. AHU-0008870.AH.01.11.TAHUN 2026 dated 20 January 2026 (“Deed No. 89/2025”).
The Company’s head office is located at Jl. Abdul Muis No. 32, Central Jakarta, Indonesia, and it
has a factory located in Cikarang, Bekasi.
Management and Supervision
As of the date of this Information Disclosure, based on Deed of Statement of Meeting Resolutions
No. 22 dated 5 December 2025, executed before Mochamad Nova Faisal, S.H., M.Kn., a Notary in
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South Jakarta, which has been notified to the Ministry of Law and Human Rights as evidenced by
Receipt of Notification of Changes in Company Data No. AHU-AH.01.09-0368767 dated 20 January
2026 and recorded in the Company Register at the Ministry of Law and Human Rights under No.
AHU-0297969 of 2025 dated 20 January 2026, the composition of the members of the Board of
Directors and the Board of Commissioners of the Company is as follows:
Board of Commissioners
President Commissioner : Cholanat Yanaranop
Commissioner : Vibul Tuangsitthisombat
Commissioner : Pakorn Matrakul
Commissioner : Wichan Jitpukdee
Commissioner : Vilia Sulistyo
Commissioner : Roy Teguh
Independent Commissioner : Lim Chong Thian
Independent Commissioner : Sudarmanto
Independent Commissioner : Tony Tjandra
Board of Directors
President Director : Yustinus Yusuf Kusumah
Director : Wichan Charoenkitsupat
Director : Ekachai Anujorn
Director : Arif Razif
Business Activities
Main Business Activities:
Paper and Corrugated Paperboard Industry (KBLI 2020 number 17021).
Supporting Business Activities:
a. Packaging and Box Industry from Paper and Cardboard (KBLI 2020 number 17022);
b. Industry of goods made from paper and other paperboard that cannot be classified
elsewhere (KBLI 2020 number 17099);
c. Wholesale Trade of Paper and Cardboard (KBLI 2020 number 46694);
d. Wholesale Trade of Paper and Cardboard Goods. (KBLI 2020 number 46695);
e. Wholesale Trade in Used Goods and Unused Remains (Scrap) (KBLI 2020 number 46696);
f. Electric Power Generation. (KBLI 2020 number 35111);
g. Procurement of Bio Gas. (KBLI 2020 number 35203);
h. Procurement of Steam / Hot Water and Cold Air. (KBLI 2020 number 35301);
i. Treatment and Disposal of Non-Hazardous Wastewater. (KBLI 2020 number 37021);
j. Collection of non-hazardous waste and garbage. (KBLI 2020 number 38110);
k. Recovery of Non-Metal Material Goods. (KBLI 2020 number 38302);
l. Wholesale of Roof Tiles, Bricks, Tiles and the Like Made of Clay, Lime, Cement or Glass. (KBLI
2020 number 46633);
m. Wholesale of Other Construction Materials. (KBLI 2020 number 46639);
n. Wholesale of Other Products That Cannot Be Classified Elsewhere (KBLI 2020 number 46699);
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o. Wholesale of Office and Industrial Machinery, Spare Parts and Equipment (KBLI 2020 number
46591);
p. Wholesale of Machinery, Equipment and Other Supplies (KBLI 2020 number 46599).
Capital Structure and Share Ownership
The latest capital structure as stated in the Deed of Amendment to the Articles of Association No.
16 dated April 18, 2000, made before Nila Noordjasmani Soeyasa Besar, SH, based on the Decision
Letter of the South Jakarta District Court Judge dated March 13, 2000 No. 24/CN/HKM.P/2000/PN.
Jaksel, replacement of Imas Fatimah, SH, Notary in Tangerang Regency, which has been notified
to the Minister of Law, as stated in the Report on Amendments to the Articles of Association No.
C-12358 HT.01.04.TH.2000 dated June 26, 2000 and has been registered in the Company Register
at the Bekasi Regency/Municipality Company Registration Office with No. 124/BH.10.07/VI/2000
dated June 27, 2000, and has been announced in the State Gazette No. 88 dated November 3,
2000 Supplement to the State Gazette of the Republic of Indonesia No. 314. The composition of
the Company's latest shareholders according to the Shareholders List issued by BAE on March 31,
2026, is as follows:
Shareholder Name Nominal Value IDR 500 per share
No. of Shares Nominal Value (IDR) %
Authorized capital 5.000.000.000 2.500.000.000.000
Issued and Fully Paid-Up Capital:
- Siam Kraft Industry Company Limited 1.927.910.241 963.955.120.500 59,85
- SCGP Solutions (Singapore) Pte. Ltd. 1.286.163.358 643.081.679.000 39,93
- Public (ownership below 5%) 7.181.824 3.590.912.000 0,22
Amount of Capital Issued and Fully Paid Up 3.221.255.423 1.610.627.711.500 100,00
Number of Shares in Portfolio 1.778.744.577 889.372.288.500
Summary of the Company’s Financial Data and Key Financial Ratios
Statement of Financial Position
in millions of Rupiah
31 December
Information
2025 2024
ASSETS
CURRENT ASSETS
Cash 112.784 71.962
Trade receivables, net
Related parties 477.127 339.692
Third parties 1.143.158 1.101.769
Other receivables
Related parties 142 28
Third parties 3.378 4.068
Inventories, net 1.069.202 1.215.073
Prepaid expenses 14.532 15.165
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in millions of Rupiah
31 December
Information
2025 2024
Prepaid taxes 42.729 96.402
Claims for tax refunds - 88.126
Derivative assets 29.826 31.705
TOTAL CURRENT ASSETS 2.892.878 2.963.990
NON-CURRENT ASSETS
Fixed assets, net 9.255.311 9.403.122
Intangible assets, net 3.694 4.355
Advances for purchase of fixed assets 9.196 5.582
Prepaid expenses 247 361
Prepaid taxes 37.908 -
Deferred tax assets 702 224.586
Security deposits 22.326 22.641
Non-current derivative assets 7.375 36.934
TOTAL NON-CURRENT ASSETS 9.336.759 9.697.581
TOTAL ASSETS 12.229.637 12.661.571
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Bank overdraft - 108.249
Bank loans 1.358.166 5.030.537
Trade payables
Related parties 63.048 63.795
Third parties 1.311.330 979.135
Other payables
Related parties 12.056 12.339
Third parties 94.180 99.945
Other tax payables 8.279 7.958
Accrued expenses 183.850 199.451
Derivative liabilities 218 1.806
Current portion of long-term liabilities
Long-term bank loans 606.960 578.584
Lease liabilities 26.839 21.195
Advances from customers 13.203 35.528
TOTAL CURRENT LIABILITIES 3.678.129 7.138.522
LONG-TERM LIABILITIES
Deferred tax liabilities 53.741 110.996
Long-term liabilities – net of current portion
Long-term bank loans 2.348.360 1.702.071
Lease liabilities 15.711 25.846
Employee benefits liabilities 394.841 362.878
TOTAL LONG-TERM LIABILITIES 2.812.653 2.201.791
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in millions of Rupiah
31 December
Information
2025 2024
TOTAL LIABILITIES 6.490.782 9.340.313
EQUITY
Share capital – par value of Rp 500 (full Rupiah) per share
Authorized capital: 5,000,000,000 shares
Issued and fully paid-up capital: 3,211,255,423 shares
as of 31 December 2025, and 2,477,888,787
shares as of 31 December 2024 1.610.628 1.238.944
Additional paid-in capital 3.121.099 3.561
Other comprehensive income
Remeasurement of defined employee benefits obligations (64.980) (55.840)
Revaluation surplus of land 1.499.857 1.426.388
Retained earnings (loss)
Appropriated 2.200 2.200
Unappropriated (429.949) 706.005
Equity attributable to owners of the parent entity 5.738.855 3.321.258
Non-controlling interests - -
TOTAL EQUITY 5.738.855 3.321.258
TOTAL LIABILITIES AND EQUITY 12.229.637 12.661.571
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
in millions of Rupiah
Year ended 31 December
Information
2025 2024
Net sales 8.102.378 7.698.331
Cost of goods sold (8.173.853) (8.112.647)
Gross loss (71.475) (414.316)
Other income 35.975 14.598
Selling expenses (249.361) (266.656)
General and administrative expenses (182.865) (173.937)
Finance costs (404.269) (499.254)
Finance income 16.901 28.609
Foreign exchange loss, net (46.208) (62.633)
Other expenses (65.445) (12.068)
(895.272) (971.341)
Loss before income tax (966.747) (1.385.657)
Income tax (expense) benefit (169.207) 280.463
Loss (1.135.954) (1.105.194)
Other comprehensive income
Items that will never be reclassified to profit or loss
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in millions of Rupiah
Year ended 31 December
Information
2025 2024
Remeasurement of actuarial employee benefits liabilities,
(9.140) 2.360
net of tax
Revaluation surplus of land 73.469 60.810
Total other comprehensive income 64.329 63.170
Total comprehensive loss (1.071.625) (1.042.024)
Loss attributable to:
Owners of the parent entity (1.135.954) (1.105.194)
Non-controlling interests - -
Loss (1.135.954) (1.105.194)
Total comprehensive loss attributable to:
Owners of the parent entity (1.071.625) (1.042.024)
Non-controlling interests -
Total comprehensive loss (1.071.625) (1.042.024)
Basic loss per share (full Rupiah) (400,21) (446,02)
STATEMENT OF CASH FLOWS
in millions of Rupiah
Year ended 31 December
Information
2025 2024
CASH FLOWS FROM OPERATING ACTIVITIES
Cash receipts from customers 8.671.475 8.149.605
Payments to suppliers (6.941.530) (6.751.105)
Payments for other operating expenses (1.075.629) (944.602)
Payments to employees (687.353) (691.635)
Payments for:
Finance costs (417.588) (496.407)
Corporate income tax (37.908) (30.954)
Receipts from:
Insurance claims - 2.571
Income tax refunds 27.977 40.324
Value added tax refunds 87.280 -
Finance income 2.573 218
Net cash used in operating activities (370.703) (721.985)
CASH FLOWS FROM INVESTING ACTIVITIES
Refund of security deposits 315 2.103
Proceeds from sale of fixed assets 586 919
Acquisition of intangible assets (386) (17)
Advances for purchase of fixed assets (14.517) (7.200)
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in millions of Rupiah
Year ended 31 December
Information
2025 2024
Acquisition of fixed assets (174.086) (337.471)
Net cash used in investing activities (188.088) (341.666)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from long-term bank loans 1.243.750 994.375
Proceeds from bank loans 46.023.644 44.961.411
Proceeds from issuance of ordinary shares 3.493.824 -
Payment of share issuance costs (4.602) -
Repayment of long-term bank loans (528.763) (511.888)
Repayment of bank loans (49.502.529) (44.482.523)
Payment of lease liabilities (17.462) (9.696)
Net cash provided by financing activities 707.862 951.679
Net increase (decrease) in cash and bank overdrafts 149.071 (111.972)
Cash and bank overdrafts at the beginning of the year (36.287) 75.685
Cash and bank overdrafts at the end of the year 112.784 (36.287)
KEY FINANCIAL RATIOS
31 December
Information
2025 2024
Financial ratios (%)
Loss for the year to Total assets (ROA) (9,3) (8,7)
Loss for the year to Total equity (ROE) (19,8) (33,3)
Loss for the year to Revenue (net margin) (14,0) (14,4)
Financial ratios (x)
Current assets to Current liabilities 0,8 0,4
Total liabilities to Total assets 0,5 0,7
Total liabilities to Total equity 1,1 2,8
Total bank loans to Total equity 0,8 2,2
EXPLANATION OF THE CONSIDERATIONS AND REASONS
FOR THE ADDITION OF BUSINESS ACTIVITIES
The Company plans to add a new business activity in the field of management and business
consulting services as a means of optimizing the utilization of its internal resources, particularly
competencies in operations, finance, legal, and human resources that have developed alongside
the Company’s business activities.
This additional business activity is not intended for broad market expansion, but rather to support
the needs of subsidiaries and/or affiliated companies within the Company’s group.
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Through the implementation of this business activity, the Company is expected to enhance
synergy and operational efficiency at the group level, as well as provide added value through the
provision of services based on the Company’s internal expertise and competencies.
In addition, this business activity also provides an opportunity for the Company to generate
additional revenue and forms part of a limited and measured business diversification effort
aligned with the Company’s business strategy.
This addition of business activities is also carried out with due regard to the prudential principle,
good corporate governance, and applicable regulations.
Accordingly, the addition of business activity under KBLI 70202 (Management and Industrial
Business Consulting Activities) is expected to broaden the scope of the Company’s business
activities, including enabling the Company to perform supporting service functions in a more
integrated and efficient manner.
SUMMARY OF THE FEASIBILITY STUDY ON THE ADDITION OF BUSINESS ACTIVITIES
The Company has appointed KJPP Toto Suharto & Rekan, which is registered as a capital market
supporting profession with the OJK based on Registration Certificate No. STTD.PPB-51/PM-
021/2025 under the name Henrianto, as an independent appraiser to conduct a feasibility study
on the Company’s planned Addition of Business Activities. The following is a summary of the
feasibility study report based on Report No. 00054/2.0055-31/BS/04/0683/1/V/2026 dated 4 May
2026.
Purpose and Objective of the Feasibility Study
The Feasibility Study Report is intended to provide an opinion on the feasibility of the Company’s
planned addition of business activities, as assessed from various aspects, including market
aspects, technical aspects, business model aspects, management model aspects, and financial
aspects. The purpose of preparing the Feasibility Study is to provide an overview of the feasibility
of the additional business activities to be undertaken by the Company.
This engagement is conducted with reference to Financial Services Authority Regulation (POJK) No.
17/2020 concerning Material Transactions and Changes in Business Activities, Financial Services
Authority Regulation (POJK) No. 35/2020 concerning Appraisal and Presentation of Business
Valuation Reports in the Capital Market, Financial Services Authority Circular Letter (SEOJK) point
V No. 17/SEOJK.04/2020 concerning Guidelines for Appraisal and Presentation of Business
Valuation Reports in the Capital Market, and the Indonesian Valuation Standards (“SPI”) 7th
Edition 2018.
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Object of the Feasibility Study
The object of the feasibility study, based on the information provided by the client, is the addition
of business activities in Management and Industrial Business Consulting Activities in accordance
with KBLI 2025 No. 70202.
Assumptions and Limiting Conditions
1. This feasibility study report constitutes a non-disclaimer opinion. We have reviewed the
documents used in the feasibility study process, and the data and information obtained are
derived from the Company’s management as well as from reliable sources.
2. This feasibility study has been prepared using financial projections provided by the Company’s
management, for which we have adjusted the assumptions to better reflect the
reasonableness of the projections in relation to their achievability.
3. We are responsible for the conduct of the feasibility study and, in our opinion, the adjusted
financial projections are reasonable; however, we are not responsible for their actual
realization.
4. This Feasibility Study Report is publicly available.
5. We are responsible for the opinion expressed in connection with this feasibility study
engagement. We have obtained information regarding the legal status of the Feasibility Study
Object from the client.
6. This Feasibility Study is prepared based on the principle of integrity of information and data.
In preparing this Feasibility Study, we rely on and are based on information and data as
provided by the Company’s management, which, based on the principle of reasonableness, are
true, complete, reliable, and not misleading.
7. We did not perform an audit or detailed due diligence on the explanations or data provided
by the Company’s management, whether oral or written, and therefore we do not provide any
assurance or accept responsibility for the accuracy and completeness of such information or
explanations.
8. Our engagement was not conducted for the purpose of identifying weaknesses in internal
control, errors or fraud in financial statements, any form of tax implications, or legal violations.
9. The denomination of this Feasibility Study is expressed in Rupiah, based on the understanding
that the Company’s Financial Statements are presented in Rupiah. The review, calculations,
and analysis are based on the data and information provided by the Company’s management
as set out in the Sources of Data and Information.
10. Any changes to the aforementioned data may materially affect the results of our Feasibility
Study. Therefore, we cannot accept responsibility for any differences in conclusions resulting
from such changes.
11. The Feasibility Study has been prepared by taking into account market and economic
conditions, general business and financial conditions, and government regulations as of the
date this Feasibility Study is issued.
12. This Feasibility Study is conducted solely for the purpose of the engagement as described
above.
13. We assume that, since the issuance date of the Feasibility Study Report, there have been no
changes that would materially affect the assumptions used in the Feasibility Study Report.
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14. We hereby state that our engagement does not include analyzing transactions outside the
scope of the Feasibility Study objectives that may be available to the Company, nor their
impact on the purpose of the engagement, and it does not constitute an analysis of the most
probable and optimal use related to the purpose of the engagement.
15. The engagement to prepare this Feasibility Study Report is not and cannot be considered in
any way as a review or audit or the performance of specific procedures on financial
information.
16. The appraiser is only responsible for the results of the feasibility study to the client. The
appraiser has no responsibility to third parties, insofar as it does not conflict with applicable
laws and regulations.
17. Unless otherwise agreed in advance, the appraiser is not required to provide testimony in court
or to any other government authority in connection with the feasibility study of the additional
business activities.
18. We emphasize that the results of our analysis and review are specifically limited to commercial
and financial aspects; we do not conduct any examination of the legal validity of the plan to
add KBLI nor the tax implications of such plan, as these are beyond the scope of our
engagement.
19. This Feasibility Study Report shall be deemed invalid and null and void if it does not bear the
original seal of KJPP Toto Suharto & Rekan and the signature of the Managing Partner and/or
a Partner holding a public appraiser license.
Conclusion
The Company’s plan to add business activities in the field of management and business consulting
services represents a strategic step in optimizing the utilization of its existing internal
competencies. With operational experience in the manufacturing industry sector, the Company
has a strong foundation to provide consulting services, particularly in supporting the needs of its
subsidiaries and/or affiliated companies within the group. The implementation of this activity is
not focused on broad market penetration, but rather on enhancing internal synergy and
efficiency, thereby keeping business risks relatively limited.
Accordingly, based on the evaluation and analysis from market, technical, business model,
management model, and financial aspects, as well as other projections, provided that the
established assumptions are met, the plan to add these business activities is considered to have a
sufficient basis and can be implemented on a sustainable basis.
AVAILABILITY OF EXPERT PERSONNEL IN RELATION TO THE PLAN
FOR ADDITIONAL BUSINESS ACTIVITIES
The implementation of the plan to add business activities does not require any additional
workforce, as the required competencies can be fulfilled by the Company’s existing internal human
resources, which already possess relevant experience and expertise.
The engagement will be carried out flexibly in accordance with operational and service needs,
involving relevant functions, including finance, legal, human resources, operations, and other
supporting functions.
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The composition of personnel involved in the implementation of these business activities forms
part of the Company’s existing internal resources and therefore does not result in any change to
the Company’s overall headcount.
The Company will also continuously evaluate its human resource requirements in line with the
development of these business activities.
EXPLANATION OF THE IMPACT OF THE ADDITION OF
BUSINESS ACTIVITIES ON THE COMPANY’S FINANCIAL CONDITION
The feasibility of the addition of this business activity is assessed based on the anticipated future
economic benefits derived from the additional business activity, calculated from the difference
between the Free Cash Flow to Firm with the addition of the business activity and the Free Cash
Flow to Firm without the addition of the business activity. This is then compared with the
associated economic costs, resulting in the incremental Free Cash Flow to Firm. Based on the
feasibility analysis of the addition of the business activity, taking into account the assumptions
applied, the following results were obtained:
• Net Present Value (NPV) : IDR5,548,569,336.00
• Internal Rate of Return (IRR) : 192.88%
• Profitability Index (PI) : 6.11
• Payback Period : 1 year, 5 months
The total NPV is derived from the present value of cash flows that have taken into account the
level of risk. Based on our analysis, following the addition of business activities in the field of
management and industrial business consulting, the projected incremental cash flows are
positive.
An IRR of 192.88% indicates that the Company’s corporate action in adding the business activity is
considered feasible, as the IRR exceeds the discount rate. The resulting IRR is highly positive
because this additional business activity does not require significant investment costs, as it utilizes
and optimizes existing human resources.
Sensitivity analysis is intended to assess how sensitive a project is to various influencing factors.
The results of the sensitivity analysis indicate that changes in service revenue, changes in initial
investment, and changes in the discount rate related to the Company’s additional business
activities are quite sensitive to feasibility parameters.
INFORMATION ON THE ORGANIZATION OF THE
EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
In accordance with the provisions of POJK 17/2020, the plan to add business activities must first
obtain approval from the General Meeting of Shareholders. In this regard, the Company will
convene an Extraordinary General Meeting of Shareholders (EGMS) to obtain approval for the
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Addition of Business Activities, which will be held both physically and electronically by the Company
as follows:
Day, Date : Wednesday, 10 June 2026
Time : 10:30 am until finish
Place : Mövenpick Hotel, London Room
Jl. Pecenongan No. Kav 7-17, Jakarta Pusat, 10120, Indonesia
The agenda of the Company’s Extraordinary General Meeting of Shareholders (EGMS) is as follows:
1. Approval of the addition of the Company’s business activities, including the amendment to
Article 3 of the Company’s Articles of Association and and the review of the feasibility study in
relation to such addition of business activities.
2. Approval on the adjustments of the Company's Articles of Association regarding the Purposes
and Objectives as well as Business Activities in line with Standard Classification of Indonesian
Business Fields of 2025, in accourdance with the Head of The Statistics Center Agency
Regulation No. 7 of 2025 concerning the Standard Classification of Indonesian Business Fields
(KBLI 2025).
The Company’s EGMS will be conducted in accordance with the provisions of the Company’s
Articles of Association and applicable OJK regulations governing the conduct of an EGMS. Based
on OJK Regulation No. 15/POJK.04/2020 concerning the Plan and Implementation of General
Meetings of Shareholders of Public Companies, the quorum and decision-making requirements for
the EGMS are as follows:
a. The Company’s EGMS may be held if it is attended by shareholders representing at least 2/3
(two-thirds) of the total shares with valid voting rights, and resolutions are valid if approved
by more than 2/3 (two-thirds) of the total shares with valid voting rights present at the EGMS.
b. In the event that the quorum is not achieved, a second EGMS may be held with the requirement
that it is attended by shareholders representing at least 3/5 (three-fifths) of the total shares
with valid voting rights, and resolutions are valid if approved by more than 1/2 (one-half) of the
total shares with valid voting rights present at the EGMS.
c. If the quorum for the second EGMS is not achieved, a third EGMS may be held with quorum
and decision-making requirements determined by the OJK upon the Company’s request.
The following are the key dates related to the implementation of the Company’s EGMS:
Agenda Date
Announcement of EGMS 4 May 2026
Information Disclosure 4 May 2026
Recording Date 18 May 2026
Convocation of EGMS 19 May 2026
EGMS 10 June 2026
Submission of Summary of EGMS Minutes 12 June 2026
Submission of EGMS Minutes 9 July 2026
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In the event that the plan for the Addition of Business Activities does not obtain approval at the
EGMS, such plan may be resubmitted for approval at another EGMS no earlier than 12 (twelve)
months after the EGMS that did not approve the plan.
ADDITIONAL INFORMATION
For further information, please contact the Company during business hours (Monday–Friday,
08:30–17:30 WIB) at the following address:
PT FAJAR SURYA WISESA TBK
Jl. Abdul Muis No. 32
Jakarta Pusat, Indonesia
Tel. +62 21 3441316
E-mail: ir@fajarpaper.com
Website : www.fajarpaper.com
Jakarta, 4 May 2026
The Board of Directors of the Company
13
Names mentioned 30 people and organisations named in the text · linked when the evidence is strong
unresolved
org
FINANCIAL SERVICES AUTHORITY
p.1 ×4
unresolved
org
Indonesia Stock Exchange
p.2
unresolved
person
Lenny Budiman
· Notaris
p.2
unresolved
org
Ministry of Justice
p.2
unresolved
org
Central Jakarta District Court
p.2
unresolved
person
Mochamad Nova Faisal
· Notaris
p.2 ×3
unresolved
org
Ministry of Law and Human Rights
p.2 ×4
unresolved
person
Nila Noordjasmani Soeyasa Besar
p.4
unresolved
org
South Jakarta District Court
p.4
unresolved
person
Imas Fatimah
p.4
unresolved
org
Minister of Law
p.4
unresolved
—
Nominal Value IDR 500 per share
· Shareholder Name
p.4
unresolved
org
Pte. Ltd.
p.4
unresolved
org
KJPP Toto Suharto & Rekan
p.9 ×2
unresolved
org
KJPP Toto Suharto
p.9 ×2
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
2386 ms
12 Sep 2026 22:28
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}