Purchase Agreement of coal and Mining Supervision Cooperation Agreement between the Company and ASC, to conduct off-take of
coal and mining supervision in the area of TBA. ASC is a third party that has Sales and Purchase Agreement of coal with TBA.
By doing mining supervision, the total production performance of the Company is as much as 2.0 million tons in 2010 and 2.4
million tons in the period of 6 six months ended on June 30, 2011. In the Companys financial statements, the coal produced
from the mining area of TBA is recognized as coal sales and purchase transactions.
Open cut mining methods, relatively low stripping ratio and the proximity of the mine location with the port
facilities, has made operating costs in the Company’s mining concession become competitive. BIB, a Subsidiary of the
Company has a low stripping ratio i.e. 1:4 to 1:5. The following is the data of mining location permit:
2. Public Offering
The Managing Underwriter and the Underwriters on behalf of the Company hereby conduct a public offering of 882,353,000
eight hundred and eighty-two million three hundred and fifty three thousand registered common shares, or 15 fifteen
percent of all issued and fully paid capital after the public offering with par value of Rp100 one hundred Rupiah per
share, with the Offering Price of Rp2,500 two thousand five hundred Rupiah per share to be paid in full at the time
submitting the Share Subscription Order Form, or the total value of the shares is Rp2,205,882,500,000 two trillion two
hundred and five billion eight hundred and eighty two million five hundred thousand Rupiah. The shares offered in this
Public Offering will give the holders thereof the same and equal rights in all respects as and to those of other shares
in the Company which have been issued and fully paid, including the right to dividend distribution.
3. Capital Structure and Company’s Shareholders Composition
The latest capital structure and shareholders composition of the Company before the General Offering as set forth in the
Deed No. 74 dated October 22, 2010, prepared by Hannywati Gunawan, SH, Notary in Jakarta, which has obtained approval
from the Ministry of Justice based on Decision No. AHU- 50927.AH.01.02.Year 2010 dated October 29, 2010, registered in
the Company Register No. AHU-0078459.AH.01.09.Year 2010 dated October 29, 2010, which then be restated in Deed No. 43 dated
November 16, 2010, made before Linda Herawati, SH, Notary in Central Jakarta, are as follows:
Description Par Value of Rp100,- per share
Total Shares Total Par Value Rp
Aut hor ized Share Capit al 20,000,000,000
2,000,000,000,000 Issued and Fully Paid
- PT. Dian Sw ast atika Sent osa Tbk 4,999,990,000
499,999,000,000 99.99
- PT Sinar M as Cakraw ala 10,000
1,000,000 0.01
Tot al Issued and Fully Paid 5,000,000,000
500,000,000,000 100.00
Portfolio Shares 15,000,000,000
1,500,000,000,000
Upon the sale of all the shares being offered in this Public
Offering, the
pro forma
capital structure
and shareholders’ composition of the Company before and after this
Public Offering are as follows:
Description Before IPO
After IPO Total Shares
Tot al Par Value Rp
Tot al Shares Total Par Value
Rp
A. Aut horized Share Capit al Par Value of Rp100,-
20,000,000,000 2,000,000,000,000
20,000,000,000 2,000,000,000,000
B. Issued and Fully Paid PT
Dian Sw ast at ika
Sent osa Tbk 4,999,999,000
499,999,000,000 99.99
4,999,999,000 499,999,000,000
84.99 PT. Sinar M as Cakraw ala
10,000 1,000,000
0.01 10,000
1,000,000 0.01
The Public -
- -
882,353,000 88,235,300,000
15.00 Tot al Issued and Fully Paid
5,000,000,000 500,000,000,000
C. Port folio Shares 15,000,000,000
1,500,000,000,000 14.117.647.000
1.411.764.700.000
In conjunction with the listing, of 882,353,000 eight hundred and eighty two million three hundred and fifty three
thousand of new shares offered at this Public Offering or 15.00 fifteen percent from all issued and fully paid share
capital after Public Offering, the Company on behalf of other founding shareholders will record 5,000,000,000 five billion
shares, therefore the number of shares listed in the Indonesia Stock Exchange after this initial Public Offering will be
5,882,353,000 five billion eight hundred and eighty two million three hundred and fifty three thousand shares or 100
one hundred percent from all issued and fully paid share capital.
The Company does not intend to issue or record other shares andor other instruments that could be converted into
the shares for a period of 12 twelve months following the date of this Initial Public Offering will become effective. If
in the future the Company intends to do so, the Company will follow all applicable provisions andor regulations.
4. Plan on Use of the Proceeds
