Jakarta, March 25, 2021 - PT Erajaya Swasembada Tbk (the “Company”) has announced the schedule and procedures of its stock split through Investor Daily, the Company's website and the IDX website.
In accordance with the resolution of the Company’s Extraordinary General Meeting of Shareholders which was held on March 3, 2021 (“Meeting”), the Shareholders have approved the change in the nominal value of the Company's share (“Stock Split”) from the previous nominal value of Rp500 (five hundred Rupiah) per share to Rp100 (one hundred Rupiah) per share, as contained in the Deed of Decision of the Extraordinary General Meeting of Shareholders Number 2 dated March 3, 2021 made before Fathiah Helmi SH, Notary in Jakarta whose notification of data changes has been received and recorded in the database of the Legal Entity Administration System of the Ministry of Law and Human Rights of the Republic Indonesian No. AHU-AH.01.03-0170729 dated 17 March 2021.
In relation with the foregoing, the Company intends to implement Stock Split with the following schedule and procedure:
