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PT Telkom Indonesia Persero Tbk
3. RISK PLANNING EVALUATION AND MONITORING COMMITTEE
The membership composition of the Risk Planning Evaluation and Monitoring Committee, in accordance with the Board of Commissioners Decree No.07KEPDK2015 dated May 12, 2015, is as follows:
Membership Name
ChairMember Hadiyanto Commissioner
Members Dolie Othniel Fredric Palit Commissioner
Margiyono Darsasumadja Commissioner Parikesit Suprapto Independent Commissioner
Pamiyati Pamela Johanna Waluyo Independent Commissioner Rustanto Hadimartono
All members of the Risk Planning Evaluation and Monitoring Committee except Hadiyanto, Dolie Othniel Fredric Palit, and Margiyono Darsasumadja are external and independent members.
Rustanto hadimartono Member
Personal Born: Klaten, July 8, 1959.
Age: 56 years old.
Citizenship and Domicile Indonesian citizen, domiciled in Indonesia.
Position and Basis of Appointment Board of Commissioners Decree No.07KEPDK2015 dated May 12, 2015.
Education Bachelor’s degree in Law from Diponegoro University 1982, Master of Laws in International Legal Studies LL.M.
from the Washington College of Law - American University 1987 and Doctor of Law from Parahyangan Catholic University 2011.
Career Prior to joining the KEMPR Committee in the beginning of 2014, Rustanto Hadimartono worked as a civil servant
at the Investment Coordinating Board 1983-1992. He then moved to the private sector, working at Marathon Petroleum Indonesia, Ltd. 1992, PT Rothmans of Pall Mall Indonesia 1992-1994, PT Anwar Sierad, Tbk 1994-
1997, PT Drassindo Persada Utama 1997-1998, PT Satelit Palapa Indonesia Satelindo 1998-2003 and PT Indosat, Tbk 2003-2009, respectively. In addition, since 1984 until now, he teaches at several private universities on the
subject of law and public policy.
To see the proile of the other members of the Risk Planning Evaluation and Monitoring Committee, please see “Telkom Indonesia Management - Proile of the Board of Commissioners”.
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PT Telkom Indonesia Persero Tbk
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PT Telkom Indonesia Persero Tbk
Position Name
Senior Vice President Corporate Secretary :
Afriwandi Senior Vice President Program Management Oice
: Ikhsan
Senior Vice President Internal Audit :
Harry Suseno Hadisoebroto Vice President Corporate Communication
: Arif Prabowo
Vice President Regulatory Management :
Henry Christiadi Vice President Corporate Oice Support
: Hardi Purwanto
Vice President Legal and Compliance :
Tony Suwarjo Vice President Enterprise Management Audit
: Heru Muara Sidik
Vice President Infrastructure and Operations Audit :
Dani Ramdani Vice President Support and Subsidiary Audit
: Budhi Santoso
Vice President Risk and Process Management :
Jajat Sutarjat Vice President Investor Relation
: Andi Setiawan
Vice President Management Accounting :
Edi Witjara Vice President Corporate Finance
: Roby Roediyanto
Vice President Financial and Logistic Policy :
Agus Hery Prasetyo Project Director Proyek T – ISCM
: I Ketut Dody Wirawan
Senior General Manager Finance, Billing and Collection Center :
Martinus Wisnu Adji Senior General Manager Supply Center
: Weriza
Vice President HC Strategic Management :
Dwi Heriyanto B. Vice President HC Development
: Aris Hartoni
Vice President HC Organizational Efectiveness :
Djonet Hartono Vice President Telkom Smart Oice
: Ardi Purwanto
Senior General Manager HC Business Partner Center :
Yul Martin Senior General Manager Telkom Corporate University Center
: Danang Baskoro Dwinugroho
Senior General Manager Assessment Center Indonesia :
Teuku Zilmahram Senior General Manager Community Development Center
: Nur Hassim Haji Rusdi
Executive Vice President Strategic Investment :
Setyanto Hantoro Senior Vice President Synergy
: Achmad Sugiarto
Vice President Corporate Strategic Planning :
Andy Revara Vice President Innovation Strategy
: IGN. Wiseto Prasetyo Agung
Project Director Probis TV Video :
Joddy Hernady Kapro CFU Transformation
: Saiful Hidajat
Executive General Manager Digital Service Division :
Arief Musta’in Project Director MILES
: Natal Iman Ginting
Project Director Probis ICT Public Transportation Service :
Suprayitno Vice President Enterprise Business Development
: Ilmianto
EXECUTIVES PROFILE
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PT Telkom Indonesia Persero Tbk
Position Name
Vice President Enterprise Parenting Operation :
Bagyo Nugroho Vice President Enterprise Performance Integration
: Joni Heri
Vice President COO Supervision :
Devi Alzy Vice President Enterprise Planning Strategy
: Wisnu Haryadi
Executive General Manager Business Service Division :
Yusron Hariyadi Executive General Manager Government Service Division
: Mohammad Salsabil
Executive General Manager Enterprise Service Division :
Siti Choiriana Vice President Consumer Product Planning
: Teni Agustini
Vice President Consumer Marketing Sales :
Jemy Vice President Consumer Relationship Management
: Agus Winarno
Operational Vice President Consumer Service Supervision :
Sujito Executive Vice President Telkom Regional I
: Teuku Muda Nanta
Executive Vice President Telkom Regional II :
Prasabri Pesti Executive Vice President Telkom Regional III
: Suparwiyanto
Executive Vice President Telkom Regional IV :
Rosyidul Umam Aly Executive Vice President Telkom Regional V
: Iskriono Windiarjanto
Executive Vice President Telkom Regional VI :
Joko Raharjo Executive Vice President Telkom Regional VII
: Mohammad Firdaus
Vice President Wholesale International Development :
Mohamad Ramzy Vice President Wholesale International Voice Service
: Erik Orbandi
Vice President Wholesale International Network Service :
Budi Satria Dharma Purba Executive General Manager Wholesale Service Division
: Faizal Rochmad Djoemadi
Vice President Solution :
Admiral Dasrin Vice President Infrastructure Strategy Governance
: Pramasaleh Hario Utomo
Vice President IT Strategy Governance :
Alip Priyono Project Director Probis Turn Around
: Suhartono
Executive General Manager Planning Deployment Division :
Revolin Simulsyah Executive General Manager Service Operation Division
: Nanang Hendarno
Executive General Manager Service Solution Division :
Imam Santoso Senior General Manager Information System Center
: Halim Sulasmono
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PT Telkom Indonesia Persero Tbk
Multimedia Business IME
Mobile Business T
TELKOM BUSINESS GROUP
To perform a business portfolio according to the principles of good corporate governance and best practices, as well as with regard to the provisions of legislation in force, Telkom Group formed a Board of Executive “BOE”, facilitating
parenting mechanism towards subsidiaries. Subsidiaries are divided into category, the cellular business coordinated by Telkomsel, media coordinated by Telkom Metra, infrastructure coordinated by Telkom Infra, and international
coordinated by Telin.
Government
52,6
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PT Telkom Indonesia Persero Tbk
Note: T :
Telecommunication IME :
Information, Media Edutainment
International Business T
Infrastructure Business T
Singapore Hong Kong
Tim or Lest e Malaysia
TELKOM BUSINESS GROUP STRUCTURE
Business group structure and composition of the Telkom Group’s shares are presented in the following diagram.
public
47,4
Myanm ar Kingdom
of Saudi Arabia
78
PT Telkom Indonesia Persero Tbk
SUBSIDIARIES AND ASSOCIATED COMPANIES
As of December 31, 2015 and 2014, the Company has consolidated the inancial statements of a subsidiary owned directly or indirectly, as follows:
Direct subsidiaries
Companies Percentage
of Ownership Interest
Nature of Business Operational
Stastus Assets
Description PT Telekomunikasi
Selular “Telkomsel”, Jakarta, Indonesia
65 Telecommunication
Operate 84,086
Telkomsel, was established on May 26, 1995, provides telecommunications and
mobile phone service. Using the Global System for Mobile Communication
technology GSM.
PT Dayamitra Telekomunikasi
“Mitratel”, Jakarta, Indonesia
100 Telecommunication
Operate 9,341
Mitratel provides ixed line telephone services, supply of telecommunications
facilities and infrastructure and telecommunications services. Acquired
on May 17, 2001, Mitratel transformed it self by entering the telecommunications
infrastructure supply business, which includes supplying telecommunications
towers to meet the BTS installment needs of telecommunications operators
all over Indonesia. On October 9, 2014, the Company
signed a Conditional Shares Exchange Agreement with PT Tower Bersama
Infrastructure Tbk “TBI” to exchange its 49 ownership in Mitratel for
5.7 ownership in TBI. Regarding the Conditional Shares Exchange
Agreement “CSEA” with PT Tower Bersama Infrastructure Tbk. “TBI”,
the transaction was terminated by the Company due to nonfulillment of the
terms stated in the CSEA.
PT Multimedia Nusantara
“Metra”, Jakarta
100 Telecommunications
networks and multimedia services
Operate 8,563
Metra, founded on May 9, 2003, managing our multimedia business.
Metra provides the development service, construction, and network maintenance
as well as multimedia services data communication system services, portal
services, and online transaction services.
PT Telekomunikasi Indonesia International
“Telin” or “TII”, Jakarta, Indonesia
100 Telecommunication
Operate 5,604
Previously known as PT Ariawest International, Telin was acquired on
July 31, 2003 and is a wholly owned subsidiary of Telkom. Currently, Telin
has obtained the ixed closed network “Jartaptup” license and Network
Access Provider license. Telin provides network services and international
telecommunication services, as well as international business.
PT Telkom Akses “Telkom Akses”,
Jakarta, Indonesia 100
Construction, services and trade in
telecommunications Operate
3,696 Telkom Akses was established on
November 26, 2012. It commercially operate on February 2013.
79
PT Telkom Indonesia Persero Tbk
Companies Percentage
of Ownership Interest
Nature of Business Operational
Stastus Assets
Description PT Graha Sarana Duta
“Telkom Property”, Jakarta, Indonesia
99.99 Oice leasing
and building management,
maintenance service, civil consultant, and
developer. Operate
3.581 Acquired on April 25, 2001, Telkom
Propertyoperates throughout Indonesia and manages buildings owned by us and
third parties.
PT PINS Indonesia “PINS”,
Jakarta, Indonesia 100
Services and telecommunications
development Operate
2.960 PINS was originally established to
operate our KSO in Sumatra and was acquired on August 15, 2002.
PT Infrastruktur Telekomunikasi
Indonesia “Telkom Infratel”,
Jakarta, Indonesia 100
Telecommunication development service
Operate 647
On January 16, 2014, The Company established a subsidiary
with the name of PT Infrastructure Telecommunications Indonesia.
PT Patra Telekomunikasi
Indonesia “Patrakom”,
Jakarta, Indonesia 100
Services of satellite communication
systems, related services and facilities
for companies engaged in the oil
industry Operate
472 Patrakom was established on September
28, 1995. On November 25 and 29, 2013, the Company acquired additional
interest of 40 and 20 respectively of Patrakom.
PT Napsindo Primatel Internasional
“Napsindo”, Jakarta, Indonesia
60 Telecommunication
– provides Network Access Point “NAP”
Voice Over Data “VOD” and other
related services Ceased
operation 5
Napsindo was established on December 29, 1998, Napsindo ceased operation as
of January 13, 2006.
Indirect subsidiaries
Companies Percentage
of Ownership Interest
Nature of Business Operational
Status Assets
Description PT Sigma Cipta
Caraka “Sigma”, Tangerang, Indonesia
100 through
Metra Informatics
technology service – implementation and
integration system, outsourcing, and
license software maintenance
Operate 3,587
Sigma was established on May 1, 1987 with a focus on provides IT and
solutions service.
PT Infomedia Nusantara
“Infomedia”, Jakarta, Indonesia
100 including
through 49 ownership
of the Company
Data and information
services - providing telecommunications
information services and
other information services in print and
electronic media, and call center
services Operate
1,622 Infomedia was acquired on September
22, 1999 to organize KSO in Sumatra. Infomedia has transformed from
focusing on 3 pillars of business directory services, contact center
services, and content services focus on Business Process Outsourcing and
Digital Media Rich Content service.
Telekomunikasi Indonesia
International Pte. Ltd., Singapore
100 through Telin
Telecommunication Operate
1,618 Telin Singapore was established on
December 6, 2007, pursuant to the laws of Singapore. Telin Singapore
is a wholly owned subsidiary of TII. The Company has obtained Facility
Based Operator License. Currently, it provides wholesale voice, wholesale
data and Managed Service.
PT Telkom Landmark Tower
“TLT”, Jakarta 55 through
Telkom Property
Property management and
developer service. Operate
1,245 Telkom Property established TLT with
Yakes Telkom on December 27, 2011.
80
PT Telkom Indonesia Persero Tbk
Companies Percentage
of Ownership Interest
Nature of Business Operational
Status Assets
Description Telekomunikasi
Indonesia International TL S.
A. “Telin Timor Leste ”, Dili
100 through Telin
Telecommunication Operate
854 Telin Timor Leste was a subsidiary
of Telin Indonesia, established on September 11, 2012. Telin Timor Leste
has obtained radio spectrum and general registration certiicate license.
The service currently provided Fixed Telephone Connections; Mobile
Connections; Internet Connections; Traic-Fixed Line; Traic-Mobile
PT Metra Digital Media “MD Media”,
Jakarta 99.99
through Metra
Information telecommunication
service Operate
618 MD Media was established on January
22, 2013.
PT Finnet Indonesia “Finnet”,
Jakarta 60 through
Metra Information
technology services Operate
513 Finnet was established on October 31,
2005, as provider of IT infrastructure, applications, and content for
information systems and inancial transactions for the banking and
inancial services industries.
Telekomunikasi Indonesia
International Hong Kong
Limited. “Telin Hong Kong,
Hong Kong 100 through
Telin Telecommunication
Operate 326
Telin Hong Kong was established in Hong Kong on December 8, 2010 a
wholly owned subsidiary of TII. Telin Hong Kong obtained Uniied Carrier
License on March 1, 2011, Service Based Operator for MVNO on July 27,
2011 and License for Operating Money Service on July 18, 2012. Currently, it
provides wholesale voice, wholesale data and retail mobile services. The
MVNO service is provided under the brand Kartu As 2in1.
Telekomunikasi Indonesia
International Pty Ltd., “Telkom Australia”,
Melbourne, Australia 100 through
Telin Telecommunication
Operate 171
Telkom Australia is a subsidiary owned exclusively by Telin
Indonesia. Established on January 14, 2013 by running Business Process
Outsourcing BPO, Information Technology Outsourcing ITO, and
Telecomunication Services.
PT Nusantara Sukses Investasi “NSI”,
Jakarta, Indonesia 99.99
through Telkom
Property Service and Trading
Operate 165
NSI was established on August 27, 2014
PT Administrasi Medika “Ad Medika”,
Jakarta 75 through
Metra Administration and
insurancehealth services
Operate 160
Ad Medika was established on February 25, 2010, provides online
claim service between the hospitals and health insurance companies.
PT Graha Yasa Selaras “GYS”,
Jakarta, Indonesia 51 through
Telkom Property
Tourism service Operate
160 Telkom Propertyfounded GYS together
with Yakes Telkom on February 7, 2012 focused on hospitality services.
PT Metra Plasa “Metra Plasa”,
Jakarta, Indonesia 60 through
Metra Portal service
Operate 85
Metra Plasa was established on April 9, 2012
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PT Telkom Indonesia Persero Tbk
Companies Percentage
of Ownership Interest
Nature of Business Operational
Status Assets
Description PT Metranet
“Metranet”, Jakarta
99.99 ownership by
Metra Multimedia portal
service Operate
66 Metranet was establish on April 17,
2009.
Telekomunikasi Indonesia
International USA Inc., Los Angeles, USA
100 through Telin
Telecommunication and IT
Operate 52
Telekomunikasi Indonesia International USA Inc. is a subsidiary that entirely
owned by Telin Indonesia. Established on December 11, 2013.
PT Sarana Usaha Sejahtera Insanpalapa
”TelkoMedika” Jakarta, Indonesia
75 through Metra
Health service, a pharmacy, and
laboratory, etc. Operate
49 TelkoMedika was acquired on
November 30, 2015
PT Pojok Celebes Mandiri “PCM”,
Jakarta, Indonesia 51 through
Metra Travel agentbureau
service Operate
18 PCM was established on Agustus
16, 2013. On August 30, 2013, Metra changed its ownership in pointer
become 51.
PT Satelit Multimedia Indonesia “SMI”,
Jakarta, Indonesia 99.99
through Metra
Trade services and telecommunications
network, satellite, and multimedia
tools Operate
13 SMI was established on March 25,
2013.
PT Metra Digital Investama “MDI”,
Jakarta, Indonesia 99.99
through Metra
Trading and or providing
service related to information
and technology, multimedia,
entertainment, and investment
Operate 4
MDI previously PT Metra Media, was established on January 29, 2013
PT Metra TV “Metra TV”, Jakarta,
Indonesia 99.83
through Metra
Broadcasting subscription service
Operate -
Metra TV was established on January 8, 2013.
PT Nusantara Sukses Sarana “NSS”,
Jakarta, Indonesia 99.99
through Telkom
Property Building
management and hotel services
Not yet operating
- NSS was established on August 27,
2014
PT Nusantara Sukses Realiti “NSR”,
Jakarta, Indonesia 99.99
through Telkom
Property Service and Trading
Not yet operating
- NSR was established on August 27,
2014
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PT Telkom Indonesia Persero Tbk
Employee proile based on number as of December 31,
Employee Numbers
Composition changes to the previous year
Telkom Group 2015
24,785 2.0
2014 25,284
1.1 2013
25,011 2.6
2012 25,683
1.3 2011
26,023 -
Telkom 2015
16,097 6.8
2014 17,279
3.4 2013
17,881 6.8
2012 19,185
3.0 2011
19,780 -
Subsidiaries 2015
8,688 8.5
2014 8,005
12.3 2013
7,130 9.7
2012 6,498
4.1 2011
6,243 -
Employee numbers based on gender as of December 31,
Total Employees
people Male
Female Number people
Percentage Number people
Percentage Telkom Group
2015 24,785
19,312 77.9
5,473 22.1
2014 25,284
19,915 78.8
5,369 21.2
2013 25,011
19,866 79.4
5,145 20.6
Telkom 2015
16,097 12,935
80.4 3,162
19.6 2014
17,279 14,091
81.5 3,188
18.5 2013
17,881 14,662
82.0 3,219
18.0 Subsidiaries
2015 8,688
6,377 73.4
2,311 26.6
2014 8,005
5,824 72.8
2,181 27.2
2013 7,130
5,204 73.0
1,926 27.0
EMPLOYEE NUMBERS AND COMPOSITION
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PT Telkom Indonesia Persero Tbk
The Government is our majority and controlling shareholder. It is also our regulator as it adopts, administers and enforces relevant laws that regulate telecommunications sector, sets tarifs and issues licenses. It is also one of our
customers and one of our lenders.
As used in this section, the term “Government” includes the Government of Indonesia and its ministries, directly-owned government departments and agencies, but excludes SOEs.
The Government as Shareholder
The Government is our majority and controlling shareholder and owns 52.55 of our common stock as of December 31, 2015. Its ownership of the Series A Dwiwarna share gives it special voting and veto rights. Under the relevant laws,
the “ownership” of our common stock and the single outstanding Series A Dwiwarna share is vested in the Ministry of Finance “MoF”. In turn, and under the authority of the MoF, the Minister of State-Owned Enterprise “MSOE”
exercises the rights vested in these securities as our “controlling shareholder.”
As our majority shareholder and controlling shareholder, the Government has an interest in our performance, both in terms of the service we provide to the nation and our ability to operate on a commercial basis. The material rights and
restrictions that apply to our common stock also apply to the Series A Dwiwarna share, except that the Government may not transfer the Series A Dwiwarna share, and has special right with regard to: 1 the nomination, appointment and
removal of our Directors; 2 the nomination, appointment and removal of our Commissioners; 3 the issuance of new shares and 4 any amendments to our Articles of Association, including with respect to actions to merge or dissolve
our Company, increase or reduce our authorized capital, or reduce our subscribed capital.
The Government as Regulator
The Government regulates the telecommunications sector through the MoCI. The MoCI has the authority to issue regulations that implement laws, which are typically broad in scope. Through such decrees the MoCI deines the
structure of the industry, determines tarif formulas, establishes our USO, and otherwise controls many factors that could inluence our competitive position, operations and inancial position.
We are required to obtain a license from the DGPT for each type of service ofered, including licenses for the frequencies we use as allocated by the MoCI. We and other operators are required to pay frequency usage fees. Telkomsel also
holds licenses issued by the MoCI some of which were previously issued by the Minister of Communications for the provision of cellular services, and from the Indonesian Investment Coordinating Board in relation to Telkomsel’s
investments for the development of cellular phone services with national coverage, including the expansion of network coverage. The Government, through the MoCI as regulator, has the authority to issue new licenses for the establishment
of new joint ventures and other new arrangements, particularly in telecommunications.
The Government as Lender
In July 1994, the Government arranged a facility under which certain foreign institutions provided us with a two- step loan for certain expenditures the “sub-loan borrowings”. The sub-loan borrowings were made through the
Government and are guaranteed by it. As of December 31, 2015, we had a total of Rp1,520 billion, or US110 million, in such outstanding two-step loans, including current maturities. We are required to pay the Government interest and
repay the principal, which the Government then remits to the respective lenders. As of December 31, 2015, 76.0 of such sub-loan borrowings were denominated in foreign currencies, with the remaining 24.0 denominated in Rupiah.
In 2015, the annual interest rates charged 8.5 on loans repayable in Rupiah, 4.0 on those denominated in US Dollar and 3.1 for those denominated in Japanese Yen.
RELATIONSHIP WITH GOVERNMENT
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PT Telkom Indonesia Persero Tbk
The Government as Customer
A number of ministries and government agencies utilize our services as direct commercial customers. No services are provided for free or on an in-kind basis. We deal with these departments and agencies as separate customers.
In 2015, the amount of revenues from Government departments and agencies was Rp1,856 billion, which was approximately 1.81 of our consolidated revenues and did not constitute a material part of our revenues. The
Government departments and agencies are treated for tarif purposes with respect to connection charges and monthly charges as “residential”, which tarifs are lower than the business service rates. This does not apply to the
tarifs for local, long distance and IDD calls.
It is our policy not to enter into any transactions with ailiates unless the terms are no less favorable to us than they would be with a third party. The MSOE has advised us that it would not cause us to enter into transactions with other
entities under its control unless the terms were consistent with our policy as referred to above.
Pursuant to OJK regulations, because we are listed on the IDX, any transaction where there is an inherent conlict of interest as deined below with another IDX-listed company must be approved by majority of the holders of our
common stock who do not have a conlict of interest in the proposed transaction, unless such conlict of interest existed before listing and was fully disclosed in the ofering documents.
STOCK OVERVIEW AND OBLIGATION
sHAREHOLDER COMpOsITION
The authorized capital of the Company consists of 1 stock of Series A Dwiwarna, and 399,999,999,999 Series B stocks ordinary stocks. The authorized issued and fully paid capital of 100,799,996,400, consisting of 1 stock of Series A
Dwiwarna and 100,799,996,399 Series B stocks. 1 stock of Series A Dwiwarna belongs to Government of the Republic of Indonesia “Government”.
Composition of Telkom Shareholders as of March 21, 2016 Series A
Dwiwarna Share
Series B Shares Common Stock
Percentage of Ownership
Government 1
51,602,353,559 52.55
Public 46,595,863,040
47.45 Subtotal Capital issued and fully paid
1 98,198,216,599
100.00 Treasury Stock
2,601,779,800 -
Total 1
100,799,996,399 100.00
Composition of Telkom shareholders per March 21, 2016 is as follows: 1. Shareholders with Ownership More Than 5 MainControlling Shareholder
Title of Class Person or Group
Number of Shares Percentage of Ownership
Series A Dwiwarna Share Government
1 -
Series B Shares Common Stock Government
51,602,353,559 52.55
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PT Telkom Indonesia Persero Tbk
2. Ownership of Stocks by Directors and Commissioners
On March 21, 2016, none of our Directors or Commissioners who have more than 1.0 of our stocks.
Commissioners or Directors Number of Shares
Percentage of Ownership
Commissioners Hendri Saparini
18,982 0.01
Hadiyanto 519,640
0.01 Dolie Othniel Fredric Palit
17,084 0.01
Directors Alex J Sinaga
42,723 0.01
Indra Utoyo 1,182,295
0.01 Honesti Basyir
1,155,295 0.01
Muhammad Awaluddin 1,154,755
0.01 Heri Sunaryadi
37,965 0.01
Abdus Somad Arief 37,965
0.01 Herdy Rosadi Harman
37,663 0.01
Dian Rachmawan 98,505
0.01 Total
4,302,872
3. Shareholders with Less than 5 Ownership
Shareholders with less than 5 ownership as of March 21, 2016.
Group Number of Shares
Percentage of Ownership
Foreign Business Entities
38,302,801,269 39.01
Individuals 13,581,900
0.01 Local
Business Entities Companies
2,405,353,212 2.45
Mutual Funds 2,795,943,032
2.85 Insurance
Companies 2,034,031,450
2.07 Pension Funds
589,183,150 0.60
Others Business Entities
73,004,490 0.07
Individuals 381,964,537
0.39 Total
46,595,863,040 47.45
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PT Telkom Indonesia Persero Tbk
4. Proportion of Common Stock Held in Indonesia and Abroad
As of March 21, 2016, we had 38,727 common stock shareholders, including the Government. This total includes 39,304,112,969 common stock shares owned by 2,095 shareholders outside Indonesia. As of the same date, there were
91 ADS shareholders who owned 44,381,083 ADS 1 ADS is equivalent to 200 common stock shares.
5. List of the 20 Biggest Public Shareholders
The following was our twentieth biggest of public shareholders until March 21, 2016.
No Shareholder
Ownership
1 JP Morgan Chase Bank Na Re Non-Treaty Clients
1.25 2
GIC SA Government Of Singapore 1.13
3 BPJS Ketenagakerjaan-Jht
0.94 4
BNYM SaNv As Cust Of Employees Provident Fd Board 0.79
5 BBH Boston SA Vangrd Emg Mkts Stk Infd
0.77 6
JPMCB-Virtus Emerging Markets Opportunities Fund 0.76
7 Pt. Prudential Life Assurance
0.73 8
The Northern Trust Co SA Saudi Arabian Monetary Agency 0.54
9 JPMCB-Vanguard Total Interntnl Stock Index Fund
0.52 10
HSBC Bank Plc SA Saudi Arabian Monetary Agency 0.47
11 BBH Boston SA Matthews Paciic Tiger Fund
0.44 12
Citibank New York SA Government Of Norway 0.44
13 RBC Isb SA Vontobel Fund-Emerging Markets Equity
0.43 14
JPMCB-Stichting Depositary Apg Eme Mrkt Eq Pool 0.40
15 Reksa Dana Schroder Dana Prestasi Plus
0.38 16
JPMCB-Europaciic Growth Fund 0.36
17 SSB 1ba9 Acf Msci Equity Index Fund B-Indonesia
0.35 18
Pictet And Cie Europe S.A., Pictet Global Selection Fund-Global Utilities Equity Fund
0.34 19
SSB Obih SA Ishares Msci Emerging Markets Etf 0.31
20 HSBC Bk Plc Re Agus Fund Manager SA Abu Dhabi Investment Authority
0.28