Issuer

 PT. Maharaksa Biru Energi Tbk

Issuer Code

OASA

Number of shares offered

5,988,620,000 shares

Ratio (previous stock:new stock)

10:167

Nominal Value

Rp 100 per share

Exercise Price

 Rp. 100

Dilution (if shareholders do not exercise their rights)

 94.35 %

Plan of proceeds usage

All proceeds from PMHMETD I after deducting all commissions, issuance costs, fees and other expenses) issued in PMHMETD I, are planned to use for:

• Around Rp 89 billion for the acquisition of 99.995% stake in PT Indoplast Makmur Lestari. The acquisition will be carried out in accordance with the PPJB dated September 12, 2022, with the seller, Gafur Sulistyo Umar. Further information can be found in Chapter III Information on the Proposed Transaction.
• Around Rp 69 billion for increasing capital to PT Indoplast Makmur Lestari (IML). IML will then make an increase in capital injection by Rp 69 billion to PT Indoplast Karya Energi (IKE), and used by IKE as working capital related to the cost of preparing in the working process in the West Service Area FPSA DKI Jakarta.
• Around Rp 9 billion for the purchase of 1 Office Unit Strata Office Suites Unit No. 03/10/B at Rasuna Epicentrum Area, HR. Rasuna Said St, Jakarta. The purchase will be made based on the Sale and Purchase Agreement for Non-Residential Flats Units dated September 12, 2022, with the seller, Gafur Sulistyo Umar, an affiliate, who is the President Director and Controlling Shareholder of the company.
• Approximately Rp 340.5 billion for an increase in capital injection to PT Telesys Indonesia (TI), which will be used by TI as working capital for developing trading business activities for Bio Propylene Glycol products and business development related to working on wood pellet projects in Bangka Belitung Province.
• The remainder will be used as the company's working capital to finance operational activities and in business development in coordinating activities by the company as a holding company.

Extraordinary General Meeting of Shareholders (EGMS)

June 27, 2022

Effective Date

November 15, 2022

Cum Date in Regular and Negotiated Markets

November 23, 2022

Ex Date in Regular and Negotiated Markets

November 24, 2022

Cum Date in Cash Market

November 25, 2022

Ex Date in Cash Market

November 28, 2022

Recording Date

November 25, 2022

Distribution Date

November 28, 2022

Listing Date

November 29, 2022

Trading Period of Rights issue

November 29 - December 5, 2022

Distribution Period of Rights Issue

December 1 -7, 2022

Last Payment Date of Additional Share Orders

December 7, 2022

Allotment Date

December 8, 2022

Refund date of excess money purchase of Additional Shares

December 9, 2022