Sinar Mas Land Plaza, Tower II, 24th floor

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

622131990258

corsec@dss.co.id

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Information Disclosure

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  3. Investment by indirect subsidiary of the Company
June 13, 2022

Investment by indirect subsidiary of the Company

On June 14, 2022, PT DSST Video Gemilang, an indirect subsidiary of the Company, has made an investment in PT Vidio dot Com (“Vidio”), an Over-The-Top (OTT) video streaming company, through subscription of new shares issued by Vidio. The exercise price for the investment is in the aggregate amount of USD25,000,000 (twenty-five million United States dollars). The investment is conducted as part of collaboration in the Company’s digital business development strategies.

Investment by indirect subsidiary of the Company
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