Issuer

PT. Malacca Trust Wuwungan Insurance Tbk

Issuer Code

MTWI

Number of shares offered

1,398,667,523 shares

Ratio (previous stock:new stock)

12 : 11

Nominal Value

Rp 100 per share

Exercise Price

Rp 100

Dilution (if shareholders do not exercise their rights)

47.83 %

Plan of proceeds usage

The purpose of PMHMETD I is to strengthen capital in order to maintain financial soundness ratios according to the requirements stipulated by applicable regulations.

Proceeds from PMHMETD I, after deducting the issuance costs associated with PMHMETD I, will be used entirely by the company for working capital by adding to the investment portfolio to increase the risk capability of owned retention,and this is expected to increase the capacity of risk absorption, and further increase of net premium received. The addition of the investment portfolio will increase the Solvability Ratio or Risk Based Capital (RBC) and Investment Adequacy Ratio in order to support the company's business growth. These funds will be placed in investment instruments such as deposits, bonds, stocks and others with due observance of POJK No.71/POJK.05/2016 juncto POJK No. 27/POJK.05/2018.

Extraordinary General Meeting of Shareholders (EGMS)

September 9, 2022

Effective Date

December 16, 2022

Cum Date in Regular and Negotiated Markets

December 26, 2022

Ex Date in Regular and Negotiated Markets

December 27, 2022

Cum Date in Cash Market

December 28, 2022

Ex Date in Cash Market

December 29, 2022

Recording Date

December 28, 2022

Distribution Date

December 29, 2022

Listing Date

December 30, 2022

Trading Period of Rights issue

December 30, 2022 - January 5, 2023

Distribution Period of Rights Issue

January 3, 2023 - January 9, 2023

Last Payment Date of Additional Share Orders

January 9, 2023

Allotment Date

January 10, 2023

Refund date of excess purchase of Additional Shares

January 16, 2023