Map Location Dot Sinar Mas Land Plaza, Tower II, 24th floor

Jl. M.H. Thamrin No. 51 Jakarta 10350, Indonesia.

Phone 622131990258

Envelope corsec@dss.co.id

Company

  • About Us
  • Corporate Governance
  • Investor Relations
  • Sustainability
  • Career

Our Business

  • Mining
  • New & Renewable Energy
  • Technology
  • Chemicals
  • Investment

Support

  • Privacy Statement
  • Terms of Use
  • Sitemap
Header Image

Information Disclosure

  1. HomeChevron Right
  2. Information DisclosureChevron Right
  3. Affiliated Transaction Guarantee Fee Agreement
May 23, 2022

Affiliated Transaction Guarantee Fee Agreement

In order to support the development of its telecommunications network, Smartel applied for Additional Facility to CDB. In relation to such application and to guarantee the other credit facilities that has previously received by Smartel from CDB, the Company and EMU, as affiliates of Smartel as well as shareholders of Smartfren, were requested to participate in providing Shares Guarantee in addition to the shares guarantee that has been provided by Smartfren's ultimate shareholders to CDB. For such Shares Guarantee, the Company and EMU are entitled to receive Guarantee Fee as compensation.

In relation to the above matter, on May 20, 2022, the Company and EMU have signed a Guarantee Fee Agreement (“Transaction”).

This transaction is an affiliated transaction but is not a conflict-of-interest transaction as referred to in POJK 42/2020, since there is no discrepancy between the economic interests of the Company and the personal economic interests of the members of the Board of Directors, members of the Board of Commissioners, and ultimate shareholders of the Company that could harm the Company.

Information Disclosure to shareholders regarding Affiliated Transactions as attached.

PDFAffiliated Transaction Guarantee Fee Agreement
Share to
  • Career
  • Contact