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XIII. UNDERWRITING
1. Description of Underwriting
Pursuant to the Deed of the Company’s Initial Public Offering Underwriting Agreement No. 64 dated March 23, 2017, read together with Amendment I of the Shares Underwriting Agreement of the
Company’s Public Offering No. 1 dated May 2, 2017 and Amendment II of the Shares Underwriting Agreement of the Company’s Public Offering No.
●
dated June 8, 2017, all drawn up before Fathiah Helmi, S.H., a Notary in Jakarta, the Joint Lead Underwriters agree to, in accordance with their
respective underwriting portion, offer and sell the Offering Shares to the public and to bind themselves to purchase the Offering Shares that remain unsold at the closing date of the offering period of the Initial
Public Offering at the Offering Price. The Shares Underwriting Agreement shall supercede any similar agreements, whether written or unwritten, which have previously existed or will exist in the future,
between the Company and the Underwriters.
The Joint Lead Underwriters participating in the underwriting of the Offering Shares have agreed to perform their duties in accordance with Regulation No. IX.A.7.
The underwriters, their respective underwriting portion and percentage participating in the Company’s Initial Public Offering are as follows:
No. Underwriters
Underwriting Portion Percentage
Number of Shares Rp
Joint Lead Underwriters:
1. PT Bahana Sekuritas
497,800,000 129,428,000,000
39.824 2.
PT DBS Vickers Sekuritas Indonesia 497,800,000
129,428,000,000 39.824
3. PT BCA Sekuritas
248,900,000 64,714,000,000
19.912
Subtotal 1,244,500,000
323,570,000,000 99,560
Underwriters:
1. PT Erdhika Elit Sekuritas
1,500,000 390,000,000
0.120 2.
PT Profindo Sekuritas Indonesia 1,000,000
260,000,000 0.080
3. PT Panca Global Sekuritas
1,000,000 260,000,000
0.080 4.
PT Bosowa Sekuritas 450,000
117,000,000 0.036
5. PT Dhanawibawa Sekuritas Indonesia
450,000 117,000,000
0.036 6.
PT Magenta Kapital Sekuritas Indonesia 450,000
117,000,000 0.036
7. PT Yulie Sekuritas Indonesia
450,000 117,000,000
0.036 8.
PT KGI Sekuritas Indonesia 100,000
26,000,000 0.008
9. PT Phillip Sekuritas Indonesia
100,000 26,000,000
0.008
Subtotal 5,500,000
1,430,000,000 0.440
Total 1,250,000,000
325,000,000,000 100.00
PT Bahana Sekuritas, PT BCA Sekuritas and PT DBS Vickers Sekuritas Indonesia, as the Joint Lead Underwriters and Underwriters, hereby expressly represent that they are not Affiliated Parties of the
Company, whether directly or indirectly, based on the definition set forth in the Capital Market Law.
2. Determination of Offering Price in the Primary Market