MPPA - PT. Matahari Putra Prima Tbk

Rp 254

-10 (-3,94%)

JAKARTA - Anderson Investments Pte Ltd has officially entered as a shareholder of PT Matahari Putra Prima Tbk (MPPA) by exercising exchangeable rights (ER) on an equity linked instrument amounting to US$ 300 million issued by Prime Star Investment Pte Ltd (PSI) in 2013.

Quoted from the disclosure of information, Natalie Lie, Corporate Secretary of PT Multipolar Tbk (MLPL), the parent company of MPPA, said that PSI and Anderson signed an exchangeable rights subscription agreement on January 31, 2013. "The equity linked instrument has been taken and paid in full by Anderson on February 18, 2013. ER can be exchanged for MPPA shares amounting to 1,402,947,000 shares by January 31, 2021," she said.

The exchangeable right (ER), he said, had been used by Anderson yesterday (26/1) after sending a notification to the company earlier. PSI has no more shares in MPPA since Anderson exercised the exchangeable rights on equity. Anderson is a business entity that is indirectly owned by Temasek Holdings (Private) Limited. (LK/LM)