Following up on the Letter from Financial Services Authority No. S-235/PM.22/2019, dated 11 April 2019, concerning Request for Explanation of the Agenda of Annual General Meeting of Shareholders, hereby we notified to shareholders of PT Waskita Karya (Persero) Tbk ("Company") that in relation with Invitation of the Company's Annual General Meeting ("Meeting") as announced in Bisnis Indonesia and Investor Daily on 10 April 2019, stated that the explanation for Meeting agenda-5 which is the Approval for granting security in the form the Company’s assets for debt which constitutes more than 50% (fifty per cent) of the Company’s net assets, in 1 (one) or more transaction, inter related or separate transactions, at present or in the future, in order to obtain facilities which will be received by the Company from Bank, Non-Bank Financial Institutions, and Public (through Securities other than Equity Securities through public offering) is written as follows:
b. For Meeting agenda-5, is held to fulfill Article 102 UUPT, Article 25 paragraph (2) of the Company’s Articles of Association, and Article 28 POJK 32/2014.
Additional information on the explanation of Meeting Agenda-5 is as follows:
b. Meeting agenda-5 is a general security which is carried out to fulfill the provisions of Article 102 UUPT, Article 25 paragraph (2) of the Articles of Association of the Company, and Article 28 POJK 32/2014. In the event that the pertaining security plan is a transaction as referred in Bapepam-LK Regulation No. IX.E.2 concerning Material Transactions and Changes in Main Business Activities or Bapepam-LK Regulation No. IX.E.1 concerning Affiliated Transaction and Conflict of Interest of Certain Transaction, the Company shall also fulfill the provisions in each of these regulations.
Other information that is not amended by this Additional Information, shall refer to the Invitation of Meeting, dated 10 April 2019.
Jakarta, 23 April 2019
BOARD OF DIRECTORS
PT WASKITA KARYA (PERSERO) Tbk