Loading

Please Wait while we set
things up for you!

Protelindo Provides Clarification Regarding Its Shareholding in PT Bakrie Telecom Tbk

News · Wednesday, 26 August 2026 09:05

Jakarta, 26 August 2026 – PT Profesional Telekomunikasi Indonesia (“Protelindo” or the “Company”) provides clarification regarding certain media reports dated 24 August 2026 concerning Protelindo’s shareholding in PT Bakrie Telecom Tbk (“BTEL”).

The shareholding in BTEL resulted from the conversion of Mandatory Convertible Bonds (MCB) pursuant to the Settlement Agreement dated 8 December 2014 between BTEL and the relevant creditors, including the Company, and did not result from the execution of a Repurchase Agreement.

The Settlement Agreement was entered into as a follow-up to the decision of the Commercial Court at the Central Jakarta District Court concerning BTEL’s Temporary Suspension of Debt Payment Obligations (PKPU) dated 10 November 2014.

The shareholding is not material to the Company’s business operations or financial condition. As part of its business strategy, the Company remains focused on developing its core businesses and continues to evaluate business opportunities selectively, taking into account the long-term interests of the Company and its stakeholders.

Information regarding the Company’s shareholding has been disclosed in the relevant Company report, which is available through the following link:

https://www.idx.co.id/StaticData/NewsAndAnnouncement/ANNOUNCEMENTSTOCK/From_KSEI/LK-24082026-2726-00.pdf-0.pdf

Public disclosure statement available through the following link: https://idx.co.id/StaticData/NewsAndAnnouncement/ANNOUNCEMENTSTOCK/From_EREP/202608/c4ffcd4098_f1c73b47ed.pdf

 

PT Profesional Telekomunikasi Indonesia

 

For further information:

investor.relations@protelindo.net

corpsec@protelindo.net