Share Subscription Terms and Condition
- 123 - Shares to the shareholders through the C-BEST facility. Furthermore, upon the distribution of the New Shares, then KSEI will report
the results of the distribution of the New Shares to the Company and the Share Registrar.
B. Procedures for the Exercise of HMETD not held through the Collective Depository of KSEI 1. The registration for the exercise of HMETD shall be made at the head office of Share Registrar.
2. The HMETD holders that are not registered in the Collective Depository who intend to exercise the HMETD shall pay the Exercise Price of HMETD into a special bank account and deliver the following documents:
a. Original HMETD Certificate duly signed and completed. b. Original receipt of payment of the Exercise Price.
c. A copy of valid identification document of the HMETD holder for individual who will exercise the HMETD identity
cardPassportLimited Stay Permit or a copy of the articles of association enclosed with the current composition of the Board of Directorsmanagement of the HMETD holder for institutionlegal entity which would exercise the HMETD.
d. Original Power of Attorney, if the exercise of HMETD is conducted by the HMETD holder through its proxy, and enclosed with a copy of valid identification document of both HMETD holder and its proxy identity cardPassport Limited Stay Permit
e. If the HMETD holders wishes the New Share to be deposited in the Collective Depository, then the instruction to exercise HMETD to the Share Registrar shall be submitted through Member of Stock ExchangeCustodian Bank appointed by submitting
the following additional documents:
Original power of attorney of HMETD Holder to Member of Stock Exchange or Custodian Bank to submit the instruction to exercise the HMETD and manage the New Shares in the Collective Depository of KSEI in the name of the authorizer;
Original form of securities deposit, issued by KSEI, duly completed and signed;
For such conversion process, an amount of Rp. 1,650 per HMETD Certificate or a minimum of Rp. 25,000 plus 10 VAT will be charged.
3. The Share Registrar will review each supporting document for the Exercise of HMETD as specified at point B.2. above. 4. At the latest two Exchange Days after the instruction to Exercise HMETD is received by the Share Registrar and the Exercise Price of
HMETD has been paid in good funds into the special bank account, the Share Registrar will issue a number of New Share in the form of Share Collective Certificate in the script form, if the HMETD holders do not wish to deposit the New Shares to be deposited in the
Collective Depository.