Information Disclosure of Completion of Tender Offers
Jakarta , June 30th 2021
We hereby for and on behalf of the company submit a Information Fact or Material Fact as follows :
| Name of Issuer | : | PT Tunas Baru Lampung Tbk. (“Company”) | |
| Line of Business | : | Engaged in palm cooking oil industry, crude palm oil (CPO) and soap, as well as palm oil, sugar cane and sugar plantations. | |
| Phone | : | (021) 521 3383 (hunting) | |
| Facsimile | : | (021) 521 3332/92 | |
| E-mail address (e-mail) | : | [email protected] | |
| 1. | Settlement Date | : | June 29th, 2021 |
| 2. | Type of Material Information or Material Facts | : | Completion of Tender Offers (as defined below). |
| 3. | Description of Material Information or Material Facts | : | Referring to Financial Services Authority (OJK) Regulation No. 31/POJK.04/2015 concerning Disclosure of Information or Material Facts by Issuers or Public Companies and Indonesia Stock Exchange (BEI) Regulation No. Kep-00015/BEI/01-2021 concerning Amendment to Regulation Number I-E concerning Obligation to Submit Information, the Company hereby notifies that: – The Company, through TBLA International Pte. Ltd., a subsidiary of the Company established under the laws of Singapore whose shares are 100% (one hundred percent) owned by the Company (“TBLA International”) has completed the tender offer process for a buyback of US$35,000,000 (thirty five million United States Dollars) of the principal outstanding of the United States Dollar-denominated bonds bearing an interest rate of 7.0% per annum maturing in 2023 (“Bonds”) previously issued by TBLA Internasional in 2018 based on the Indenture dated January 24, 2018 (“Tender Offer”). |
| 4 | The impact of the event, information or material fact on the operational activities, law, financial condition or business continuity of the Company | : | The completion of the payment for the Tender Offer which is part of the management of the Company’s obligations with due observance of the prudential principle, is expected to support the business activities of the Company and/or the Company’s subsidiaries in the long term, both in terms of operational activities, financial condition, and business continuity. |
| 5 | Other Information | : | Transactions of the Bonds buyback by the Company through the Tender Offer process are not affiliated transactions and/or transactions containing conflicts of interest, given that the Bonds buyback is carried out from Bonds holders who are third parties and have no affiliated relationship with the Company. All informations relating to the Tender Offer have been disclosed and that such informations are not misleading. |
Thus we submit this information. If there are other material matters that change the information submitted, it will be resubmitted immediately.
Jakarta, June 30th, 2021
Board of Directors
of
PT Tunas Baru Lampung Tbk