Untitled - PT. Bumi Resources Tbk.
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Untitled - PT. Bumi Resources Tbk.
No. : 156/BR-BOD/VII/16 Attachment : 1 Subject : Information Disclosure Jakarta, 1 July 2016 Chief Executive of Capital Market Supervision Financial Services Authority We, for and on behalf of the Company, hereby would like to submit a Report of Material Information or Facts, as follows: Name of Issuer or Public Company Line of Business Telephone Facsimile E-mail : PT Bumi Resources Tbk. (“Company”) : Mining : 021-57942080 : 021-57942088 :- 1. Date of Occurrence of Event 30 June 2016 2. Type of Material Information or Fact Legal Dispute faced by the Company 3. Description of Material Information - Type of Dispute: or Fact Petition for Suspension of Debt Payment Obligation (PKPU). - Parties in dispute : · Castleford Investment Holdings Ltd., as Petitioner in PKPU; and · PT Bumi Resources Tbk., as Petitionee or Respondent in PKPU. - Status of the case: On 30 June 2016, a PKPU court hearing was held at the Commercial Court within the District Court of Central Jakarta, with the Panel of Judges rendering the following decisions: a. To grant a Permanent PKPU (PKPU Tetap) to BUMI, for a period of 90 days from the date of 30 Juni 2016, until 27 September 2016; b. To delcare the hearing of deliberation of the Panel of Judges on 27 September 2016; c. To order the Administrators to summons the creditors, known by BUMI, to attend the above meeting in the Commercial Court. For more information, we hereby attach the Legal Proceeding Report prepared by Aji Wijaya & Co. as Company’s Legal Counsel. 4. Impact of such event, material Other than legal impact, there is no impact on information or fact on operating operating activities, financial condition or going activities, legal impact, financial concern of the Company. condition, or going concern of Issuer or Public Company. As for the legal aspect, the Company will comply with the PKPU Process as governed by the prevailing laws and regulations. 5. Other information The extension was granted given the fact that the creditors (CDB and CIC) still need more time to learn the proposed composition plan. PT Bumi Resources Tbk. Dileep Srivastava Direktur& Corporate Secretary
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