Thursday, 15 Aug 2013
PT BAKRIE PIPE INDUSTRIES (“Perseroan”)

PT Bakrie Pipe Industries

(“Perseroan”)

 

Announcement

 

In order to meet the requirements as stipulated in Article 127 paragraph (2) and (8) of Law No. 40 of 2007 on Limited Liability Companies ("Company Law"), hereby announced that PT Bakrie Metal Industries plans to transfer most of its shares in the Company, a Limited Liability Company based in Jakarta Selatan, of all the issued and paid-up capital of the company, to PT Valco Mulia Internasional ("Transfer of Shares").

The above Transfer of Shares is an acquisition of shares as stipulated in Article 125 (1).

The Transfer of Shares shall be executed in accordance with the provisions in the Articles of Association and Company Law.

Any Parties with interest on the proposed transfer of shares, no later than 14 days after the date of this announcement, shall have the right to request information, give responses and / or objections in writing accompanied by reasons and supporting evidences to the Company at the following address:

PT Bakrie Pipe Industries

Bakrie Tower Lantai 7, Jl. HR Rasuna Said,

Jakarta 12940

Jakarta, 6 August 2013

Directors

 

 

PT Bakrie Pipe Industries                                                                      PT Valco Mulia Internasional