- 115 - vi. Not using more than 50 of its total income to meet its obligation to other party in the form of : interest, royalty, or other reward to the
employee which is given properly in relation to the working relationship and other expenses normally disbursed in running its business and profit share in form of dividend to the shareholders.
Fulfillment of Taxation Obligation
As the Tax Payer, the Company shall own a taxation obligation and Company shall fulfill its taxation obligation as in line with the prevailing laws and regulations. The Company has also conveyed Yearly SPPT for the year 2011 and 2010, each on the date 30 April 2012 and 30 April 2011.
Until the date of this Prospectus is issued, the Company does not have any tax payable.
POTENTIAL BUYER IN THIS PUT I IS EXPECTED TO CONSULT WITH EACH OF ITS TAXATION CONSULTATION WITH REGARD TO THE IMPACT OF TAXATION APPLIED AS THE RESULT OF PURCHASE, OWNERSHIP, OR SALE OF SHARE PURCHASE VIA PUT I.
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XIV. Capital Market Supporting Institutions and Professionals
The Capital Market Supporting Institutions and Professionals engaged in this LPO I are as follows:
Independent Auditor Osman Bing Satrio Eny
Registered Public Accountants member of Deloitte Touche Tohmatsu Limited
The Plaza Office Tower 32
nd
Floor Jl. M.H. Thamrin Kav. 28-30
Jakarta 10350, Indonesia Telephone
: 62 21 231 2879, 231 2955 Facsimile
: 62 21 381 0649, 231 3325 No. STTD
: 197BLSTTD-AP2002 No.IAPI
: 1913 Working Guidance
: Standar Profesional Akuntan Publik SPAP Appointment by the Company via engagement letter No. 398062013GATW dated 18 June 2013.
Appointment by SMI via engagement letter No. 399062013GATW dated 18 June 2013. Appointment by PBI via engagement letter No. 400062013GATW dated 18 June 2013.
Scope of work of the Public accountant in this LPO I is to perform an audit in accordance with auditing standards established by the Indonesian Institute of Certified Public Accountants. Those standards require that public
accountant plans and performs the audit so that the public accountant obtains adequate assurance about whether the financial statements are free of any material misstatement. An audit includes examining, on a testing basis,
evidences that supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimation was made by management, as well as
evaluating the overall financial statement presentation.
Legal Consultant Assegaf Hamzah Partners Law Firm
Menara Rajawali, 16
th
Floor Jl. Mega Kuningan Lot 5.1
Mega Kuningan Distric Jakarta 12950, Indonesia
Telephone : 62 21 2555 7800
Facsimile : 62 21 2555 7899
Name’s Partner : Ahmaf Fikri Assegaf, S.H., LL.M.
No. STTD : 343PMSTTD-KH2000 dated 29 December 2000
Association : Membership of Capital Market Legal Consultant Association HKHPM No. 200101
Working Guideline : Professional Standard of Capital Market Legal Consultant
The scope of work of the Legal Consultant in this LPO I is to provide on its best effort, a due diligence and research on the facts of the Company from the legal point of view and other information related thereto as
submitted by the Company. Legal due diligence report as its result has been set out in the Legal Due Diligence Report that serves as the basis from legal point of view which has been provided objectively and independently
and also to observe information as stated in this Prospectus to the extent that the information is related to legal matters. The task and function of the Legal Consultant described here is inline with Professional Standard and
prevailing Capital Market regulations to implement disclosure principle.
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Notary Notary Office Fathiah Helmi, SH
Graha Irama, Lantai 6, Room 6 C Jl. HR Rasuna Said X-1 Kav 12, Kuningan
South Jakarta 12950 Telephone
: 6221 5290 7304 - 06 Facsimile
: 6221 526 1136 No. STTD
: 02STTD-NPM1996 dated 12 February 1996 Association
: Indonesian Notary Association INI No. 011.003.027.260958 Working Guideline : Statement of Law
No. 30 of 2004 on Notary Function’ Regulations and Notary’s Code of Ethics
The scope of work of the Notary as supporting professional in this LPO I is to, among others, attend meetings regarding the discussion of all aspects in order of the Limited Public Offering I, except meetings regarding financial
aspects and price determination, as well as marketing strategy, to prepare and draw up deeds for LPO I purpose, i.e. to draw up Shares Administrative Management Agreement.
Share Registrar PT Raya Saham Registra
Plaza Sentral Building, 2
nd
Floor Jl. Jend. Sudirman Kav. 47-48
Jakarta 12930, Indonesia Telephone
: 62 21 252 5666 Facsimile
: 62 21 252 5028 No. STTD
: Capital Market Supporting Professional under Decree of Head Capital Market Supervisory Board No. KEP-79PM1991 dated 18 September 1991
Association : Member of Indonesian Share Registrar Association ABI No. ABIIV2011
– 004 dated 6 April 2011
Working Guideline : Capital Market and Capital Market and Financial Institutions Supervisory Board BAPEPAM LK Regulations
The Share Registrar’s duties and responsible in this LPO I, in accordance with applicable Professional Standard and Capital Market regulations, are, among others, to prepare the Shareholder Registry used to determine who
are entitled to HMETD, to distribute the HMETD Certificate of Proof in electronic form into the collective custody of KSEI, to receive the application to exercise of HMETD and reconciliation of funds for the payment of the
application with designated bank appointed by issuers, to publish and distribute shares both in script and scriptless shares into collective custody at KSEI and to perform refund process of shares subscription.
The Capital Market Supporting Institutions and Professionals hereby state that they have no affiliation with the Company, whether directly or indirectly, as defined in the Capital Market Law and its implementing regulations.
