Fixed Assets Prospektus Awal Soechi Lines Versi Inggris FINAL

119 114 248,604 3,918 3,510 256,032 ,839,738 y les, ement ergi No me DWT of acture ation 1 ana nker 2,297 BKI 2 ndya nker 4,992 BKI 3 a XVI nker BKI 115 4 MT. Golden Pearl XIV Motor Tanker 6,715 1993 BKI 5 MT. Stephanie XVIII Motor Tanker 1,585 1992 BKI 6 MT. Soechi Asia XXIX Motor Tanker 6,312 1994 NK, BKI Classification is Vessel Standard Operational Certificated issued by Association: BKI: Biro Klasifikasi Indonesia NK: Nippon Kaiji 2 IEL a. Vessels owned by IEL are, among others, as follows: No Vessel Name Type DWT Year of Manufacture Classification 1 MT. Alice XXV Motor Tanker 4,814 1993 BKI 2 MT. Alina XXIII Motor Tanker 96,920 1992 ABS, BKI 3 MT.Asumi XXVI Motor Tanker 6,320 1991 BKI 4 MT.Gas Soechi XXVIII Motor Tanker 3,930 1995 NK, BKI 5 MT. Soechi Chemical IX Motor Tanker 4,410 1989 BKI 6 MT.Soechi Chemical XXI Motor Tanker 2,235 1986 BKI Classification is Vessel Standard Operational Certificated issued by Association: BKI: Biro Klasifikasi Indonesia NK: Nippon Kaiji ABS: American Bureau of shipping 3 SOKL a. Building 1. Strata Title Certificate for an area totaling 342 m2 three hundred forty two square meter, situated on common land held under Building Rights Title No. B.501, valid up to 19 April 2029, located in Setiabudi Village, Setiabudi District, South Jakarta Municipality, DKI Jakarta Province based on Land Book of Strata Title Certificate No. 865XVIIIPlaza marein, issued by Head of Land Registry Office of South Jakarta Municipality dated 6 February 2008, in accordance with Blueprint Drawings No. 63892008 dated 4 February 2008 and Survey Certificate No. 40091984 dated 5 November 1984, registered under the name of SOKL. Land right under Strata Title Certificate No. 865XVIIIPlaza Marein is not in dispute and unencumbered, except encumberedmortgaged as a collateral to PT Bank Mandiri Persero, Tbk, as stipulated in the Deed of Encumbrance No. 022012 dated 20 February 2012, drawn up before Rina Diani Moliza, SH., PPAT in South Jakarta Municipality for First Class Mortgage. 2. Strata Title Certificate for an area totaling 342 m2 three hundred forty two square meter, situated on common land held under Building Rights Title No. B.501, valid up to 19 April 2029, located in Setiabudi Village, Setiabudi District, South Jakarta Municipality, DKI Jakarta Province based on Land Book of Strata Title Certificate No. 865XVIIIPlaza marein, issued by Head of Land Registry Office of South Jakarta Municipality dated 6 February 2008, in accordance with Blueprint Drawings No. 63912008 dated 4 February 2008 and Survey Certificate No. 40091984 dated 5 November 1984, registered under the name of SOKL. Land right under Strata Title Certificate No. 865XVIIIPlaza Marein is not in dispute and unencumbered, except encumberedmortgaged as a collateral to PT Bank Mandiri Persero, Tbk, as stipulated in the Deed of Encumbrance No. 032012 dated 20 February 2012, drawn up before Rina Diani Moliza, SH., PPAT in South Jakarta Municipality for First Class Mortgage. 120 116 b. Vessels owned by SOKL are, among others, as follows: No Vessel Name Type DWT Year of Manufacture Classification 1 MT. Alisa XVII Motor Tanker 29,490 1989 BKI 2 MT. Arenza XXVII Motor Tanker 308,595 2000 LR 3 MT. Silvia XII Motor Tanker 3,302 1984 BKI 4 MT. Soechi Chemical I Motor Tanker 1,176 1984 BKI 5 MT. Soechi Chemical III Motor Tanker 1,498 1985 BKI 6 MT. Soechi Chemical V Motor Tanker 1,813 1983 BKI 7 MT. Soechi Chemical VII Motor Tanker 4,410 1989 BKI 8 MT. Soechi Chemical XIX Motor Tanker 4,901 1984 BKI 9 MT. Soechi Pratiwi Motor Tanker 5,280 1980 BKI 10 MT. Soechi Prestasi Motor Tanker 1,544 1992 BKI 11 MT. Sukses XI Motor Tanker 29,990 1983 BKI 12 MT. SUCCESS FORTUNE XL Motor Tanker 298,555 2003 DNV Classification is Vessel Standard Operational Certificated issued by Association: BKI: Biro Klasifikasi Indonesia DNV: Det Norske Veritas LR: Lloyds Register 4 AMO. a. Vessel No Vessel Name Type DWTGT Year of Manufacture Classification 1 Success Victory XXXIV Motor Tanker 6,576 2000 NKK 2 Beaver Tug Boat 108 1993 BKI 3 Success Challenger XXXVII Motor Tanker 98,880 1997 ABS, BKI Classification is Vessel Standard Operational Certificated issued by Association: BKI: Biro Klasifikasi Indonesia NK: Nippon Kaiji ABS: American Bureau of shipping 5 MOS a. Land owned by MOS are, among others, as follow: No Total Area Location Land Right Period Evidence of OwnershipControl 1 452,434 m² Meral Village Karimun Regency Building Right Title HGB 4 July 2026 HGB Certificate No. 11, 21 November 1996 2 222 m2 Meral Village Karimun Regency Building Right Title HGB 30 August 2029 HGB Certificate No. 00748, 31 August 2008 3 7,962 m² Meral Village Karimun Regency Freehold Title SHM Indefinite period of time SHM no. 31, dated 13 October 2011 4 334,575,27 m2 Meral Village Karimun Regency Local Building Title GIRIK - Letter of Statement and Undertaking of Environment Monitoring and Management Surat Pernyataan Kesanggupan Pemantauan dan Pengelolaan Lingkungan Hidup, ―SKPPL‖ in process 5 400,000m2 Meral Village Karimun Regency Right to Cultivate HGU 26 October 2090 Agreement on Designation of Industrial Land No.180HKPX122010 dated 26 October year 2010 As set forth in the Representation Letter from the Board of Directors of MOS dated 12 September 2014, all the land referred to above are not in dispute and are not encumbered, except for the land with a total area of 452,434 m2 situated on the Land under Building Right Title No. 11 encumbered to 121 116 No me DWT Year of acture Classification 1 II nker 29,490 1989 BKI 2 VII nker 308,595 2000 3 a XII nker 3,302 1984 BKI 4 mical I nker 1,176 1984 BKI 5 mical III nker 1,498 1985 BKI 6 mical V nker 1,813 1983 BKI 7 mical VII nker 4,410 1989 BKI 8 cal XIX nker 4,901 1984 BKI 9 Pratiwi nker 5,280 1980 BKI 10 Prestasi nker 1,544 1992 BKI 11 XI nker 29,990 1983 BKI 12 SS nker 298,555 2003 DNV No me TGT Year of acture Classification 1 XXXIV nker 6,576 2000 NKK 2 Tug Boat 108 1993 BKI 3 enger nker 98,880 1997 S, BKI No Area tion Right iod ntrol 1 452,434 m² Village Building 026 ate No. 11, 21 2 m2 Village Building t 2029 8, 31 3 7,962 m² Village eehold te period er 2011 4 334,575,27 m2 Village Local rtaking 5 400,000m2 Village ght to r 2090 on of 117 PT Bank Mandiri Persero, TBK, as stated in the Deed of Encumbrance No. 272012 dated 9 March 2012, drawn up before Sri Sugiartini, SH., PPAT in Karimun Regency area. The certificates for land that are currently not held under MOS name are being processed in the National Land Authority Badan Pertanahan Nasional, ―BPN‖ b. Buildings In conducting its business activities, MOS owns and or controls assets in the form of buildings, among others, as follows: No Location Area m 2 Evidence of OwnershipControl 1 Jl. Tanjung Permai RT 02 RW 02 Pangke Village Meral District Karimun Regency 11,016 m2 of 2 two unit of 1 one level Permanent Jetty buildings. IMB No. 1611BPPTIMB-502011 Issued by Head of Integrated Licensing Agency of Karimun Regency on 16 September 2011 2 Jl. Tanjung Permai RT 02 RW 02 Pangke Village Meral District Karimun Regency 2,010 M2 of two unit of buildings consisting of 1 level and 2 levels Head Office Building. IMB No. 1672BPPTIMB-572011 Issued by Head of Integrated Licensing Agency of Karimun Regency on 18 October 2011 c. Machineries and Heavy Equipment MOS legally owns andor controls the machineries and heavy equipment used to carry out its business activities. 6 PUL a. Vessel No Vessel Name Type DWTGT Year of Manufacture Classification 1 MT. TK Mos I Barge 759 1997 BKI 2 MT. TK Mos 2 Barge 754 2012 BKI 3 MT. Success Total XXXI Motor Tanker 47,100 1992 LR 4 MT. MT Almira XXII Motor Tanker 2,254 1993 BKI 5 KM Success Pioneer XXXV Motor Tanker 96,183 1996 DNV, BKI 6 MT. Success Energy XXXII Motor Tanker 7,902 1996 NK Classification is Vessel Standard Operational Certificated issued by Association: BKI: Biro Klasifikasi Indonesia NK: Nippon Kaiji DNV: Det Norske Veritas LR: Lloyds Register 7 SML a. Vessels owned by SML are, among others, as follows: No Vessel Name Type DWT Year of Manufacture Classification 1 MT. SUCCESS PEGASUS XXXVI Motor Tanker 43,760 1999 GL, BKI Classification is Vessel Standard Operational Certificated issued by Association: BKI: Biro Klasifikasi Indonesia GL:Germanischer Lloyd 122 118 In addition to the fixed assets stated above, the Company and its Subsidiaries also own fixed assets in the form of motor vehicles as follows: Company Car Motorcycle Own Control Own Control The Company 0 Unit 0 Unit 0 Unit 0 Unit ABPL 11 Unit 2 Unit 3 Unit 0 Unit IEL 14 Unit 0 Unit 4 Unit 0 Unit SOKL 4 Unit 0 Unit 4 Unit 0 Unit AMO 3 Unit 0 Unit 2 Unit 0 Unit MOS 3 Unit 38 Unit 0 Unit 31 Unit PUL 7 Unit 0 Unit 3 Unit 0 Unit SML 0 Unit 0 Unit 0 Unit 0 Unit SIM 0 Unit 0 Unit 0 Unit 0 Unit control : the evidence of ownership is no yet under the name of the CompanySubsidiary, but the party holding control over assets in the form of movable assets may be considered as owner of the assets.

17. Insurance

As of the date of issuance of this Prospectus, the Company holds several insurance policies to protect its assets, particularly property buildings, which has material value. The insurance policies are described in the following table: The Company is not affiliated to the insurance companies that insured the Company’s fixed assets. The Company’s management believes that the sums insured of the Company’s material assets are adequate to cover the losses that may arise from the related fixed assets. Insurance Policies of Subsidiaries

1. ABPL

No. Vessel Name Insurer Insurance Type Insured Party Sum Insured Expiry Date 1 MT Golden Pearl - XIV Covernote from LCH s Pte Ltd Hull Materials Machinery Insurance Ref No. HMH140374001005 ABPL US 3,040,000.- 17 September 2015 Increased Value or Disbursement including Excess Liabilities Ref No. HIV140374001005 ABPL US 760,000.- 17 September 2015 War Risks Insurance Ref No. HWR140374001005 ABPL US 3,800,000,- 17 September 2015 The Ship owners mutual Protection and Indemnity Association Insurance on Damages to Property, Boat Crews, Passengers, Third Parties, Pollution, Shipwrecks ABPL Unlimited, with a limit of USD 500,000,000.00 for certain claims. 17 September 2015 2 KM Stephanie - XVIII PT Tugu Pratama Indonesia Marine Hull Insurance ABPL US 1,800,00.,- 21 August 2015 The Ship owners mutual Protection and Indemnity Association Insurance on Damages to Property, Boat Crews, Passengers, Third Parties, Pollution, Shipwrecks ABPL Unlimited, with a limit of USD 500,000,000.00 for certain claims. 17 September 2015 123 118 Company rol rol e it it it ABPL it it it it it it SOKL it it it it it it MOS it it it it it it it it it it it it it Insured MT Golden ernote from als ABPL 040,000.- r 2015 ue or ABPL 0,000.- r 2015 urance ABPL 800,000,- r 2015 owners mages ABPL ith a r 2015 2 Stephanie PT Tugu urance ABPL ,00.,- t 2015 p owners mages ABPL ith a r 2015 119 No. Vessel Name Insurer Insurance Type