C06694-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 39,677,394,773 |
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Subject of the Disclosure |
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Update on the Joint Venture of the Puri Usaha Group and ACEN Renewables International Pte Ltd. |
Background/Description of the Disclosure |
By way of update to the 16 May 2022 press release/disclosure on Puri Usaha Group’s and ACEN’s (through its subsidiary, ACEN Renewables International Pte Ltd, hereafter “ACRI”) agreement to set up a platform for the development of renewable energy projects in Indonesia focusing on large-scale solar power plants, battery energy storage system and green hydrogen projects, please be advised that on 30 August 2023, PT Trisuya Mitra Bersama (a member of the Puri Usaha Group) and ACEN Indonesia Investment Holdings, Pte. Ltd. (another subsidiary of ACEN, which is wholly owned by ACRI) entered into an Investment Agreement and Shareholders’ Agreement for their joint venture company, PT Puri Prakarsa Batam. |
Other Relevant Information |
This disclosure is amended to correct the ACEN subsidiary (from "ACRI" to "ACEN Indonesia Investment Holdings, Pte. Ltd.") that executed the Investment Agreement and Shareholders' Agreement with PT Trisuya Mitra Bersama for their joint venture company, PT Puri Prakarsa Batam. |
Name | Alan Ascalon |
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Designation | Vice President/Asst. Corporate Secretary |