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INFORMATION DISCLOSURE

PT PELITA SAMUDERA SHIPPING TBK

INFORMATION DISCLOSURE 

In relation to the Financial Services Authority (OJK) Regulation No: 31/POJK.04/2015 dated December 16, 2015 concerning Disclosure of Information on Material Facts by Issuers or Public Companies, Decree of the Board of Directors of the Indonesia Stock Exchange No: Kep-00015/BEI/01 -2021 dated January 29, 2021 regarding Amendment to Regulation Number I-E Regarding Obligation to Submit Information, hereby PT Pelita Samudera Shipping Tbk (the “Company”) submits the following information disclosure:

Name of the Public Company    : PT Pelita Samudera Shipping Tbk

Line of Business                           : Shipping Industry

Telephone                                      : 021- 30006800

E-mail                                             : corsec@ptpss.co.id

  1. Date of Event                      : 22 September 2022
  2. Type of Information          : Information Disclosure
  3. The Description                  : The Company’s loan provision to its subsidiary PT Pelita Global Logistik (“PGL”) and plans to provide loans from PGL to its subsidiary PT Pusaka Lautan Berlian (“PLB”).

The transaction parties:

  • Lenders: Company
  • Borrower: PGL
  • Loan value: IDR 225,000,000,000,- (two hundred and twenty five billion Rupiah), 8.75% interest, loan tenor 2 years.
  • Purpose of the transaction: The borrower requires a certain amount of funds to make additional capital and working capital for the operational interests of the PLB subsidiary, PGL is waiting for the loan facility process from the Bank.

Furthermore, PGL plans to provide loans to PLB subsidiaries, which will be implemented around October 2022, with the following information

The transaction party:

  • Lender: PGL
  • Borrower: PLB
  • Maximum loan value of IDR 180,000,000,000 (one hundred and eighty billion Rupiah), 8.75% interest, with a tenor of 3 years.
  • Purpose of the transaction: Purchase of vessels and working capital of PLB.

Loan transactions between lenders and borrowers are not material transactions as referred to in the Financial Services Authority Regulation (POJK) Number 17/POJK.04/2020 concerning Material Transactions and Changes in Business Activities, but are excluded affiliated transactions as referred to in POJK Number 42/POJK. 04/2020 concerning Affiliated Transactions and Conflict of Interest Transactions Article 08 paragraph 01, where the Public Company is not required to comply with the provisions as referred to in Article 4 paragraph (1) if conducting affiliate transactions which are business activities carried out in order to generate business income and are carried out routinely, repetitive and/or continuous. In addition, the transaction does not contain an element of conflict of interest as referred to in POJK Number 42/POJK. 04/2020 concerning Affiliated Transactions and Conflict of Interest Transactions.

The emergence of affiliated transactions is because in the composition of the Company’s management there is Mr. Iriawan Ibarat as the President Director of the Company who also serves as the President Director of PGL.

Meanwhile, Mr. Harry Tjhen as Director of the Company, also serves as Commissioner at PLB.

4. Impact of events, information on operational activities, law, financial condition, or business continuity of Issuers or Public Companies : There is no material impact on the Company’s operational activities, financial condition and business continuity.

5. Other Information : This transaction supports the main business activities of PGL and PLB in order to generate business income which is carried out regularly, repeatedly and/or continuously.

Thus, to be informed accordingly,

PT PELITA SAMUDERA SHIPPING TBK

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Open Auction

[OPEN AUCTION]

The Asset Sales Committee of PT Pelita Samudera Shipping Tbk “PSSI” invites business entities and/or individuals to participate in an open auction for the sale of 4 (four) Company vessels.

Please scan the QR Code under for the Ships Particular information:

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INFORMATION DISCLOSURE

INFORMATION DISCLOSURE

Purchase 1 (one) unit of Floating Crane

In relation to the Financial Services Authority (OJK) Regulation No: 31/POJK.04/2015 dated December 16, 2015 regarding Disclosure of Information on Material Facts by Issuers or Public Companies, Decree of the Board of Directors of the Indonesia Stock Exchange No: Kep-00015/BEI/01 -2021 dated January 29, 2021 concerning Amendments to Regulation Number I-E Regarding Obligations to Submit Information, and Regulation of the Financial Services Authority (OJK) No: 17 /POJK.04/2020 concerning Material Transactions and Changes in Business Activities, hereby PT Pelita Samudera Shipping Tbk (the “Company ”) convey information disclosure as follows

Name of Public Company : PT Pelita Samudera Shipping Tbk
Business Activity : Shipping Industry
Telephone : (021) 80600800
E-mail : corsec@ptpss.co.id

  1. Date of Event : 22 July 2022.
  2. Type of Information : Purchase 1 (one) unit of Floating Crane
  3. The Description : On July 22, 2022, the Deed of Sale and Purchase Agreement (“Agreement”) was signed for one unit of Floating Crane (“Asset”) with the following details:
    – Seller: PT Mitra Bahtera Segara Sejati Tbk.
    – Buyer: PT. Pelita Samudera Shipping Tbk
    – Relationship: No affiliation and No conflict of interest as referred to in POJK No.42/POJK/04/2020 concerning Affiliated Transactions and Conflict of Interest Transactions
    – Purchase Transaction Value: USD 4,400,000,- (Four million four hundred thousand United States Dollars) excluding Value Added Tax of USD 484,000 (Four hundred eighty four thousand United States Dollars) or equivalent to Rp. 73,343,028,000 (Seventy) three billion three hundred forty-three million twenty-eight thousand Rupiah)
    – Payments are made in Rupiah at the exchange rate issued by Bank Indonesia on July 22, 2022, which is 1 USD = Rp. 15,017, –
    – The estimated value of repair/docking costs is a maximum of USD 600,000 (Six hundred thousand United States Dollars) with a Value Added Tax of USD 66,000 (Sixty six thousand United States Dollars) with a total cost of USD 666,000 (Six hundred sixty six thousand United States Dollars). Or equivalent to Rp
    10,048,608,000 (Ten billion forty-eight million six hundred eight thousand Rupiah)
    – Payment is made in Rupiah with the exchange rate issued by Bank Indonesia on July 26, 2022, which is 1 USD = Rp. 15,088, -.
    – The total acquisition value for the purchase of the Asset is USD 5,550,000 (Five million five hundred fifty thousand United States Dollars or equivalent to Rp. 83,391,636,000, – (Eighty three billion three hundred ninety one million six hundred thirty six thousand Rupiah)
    – Payment Method: It has been paid in full by the Buyer before the signing of the Notary Deed of Sale and Purchase using internal cash.
  4. The impact of the incident, information or material facts on the operational activities, law, financial condition, or business continuity of the Issuer or Public Company :
    – The scope of this transaction does not exceed 20% of the Company’s equity value, it is not categorized as a material transaction.
    With the purchase of these assets, it is expected to meet market demand and increase the Company’s income as well as increase the Company’s business portfolio.
    – There is no material impact in the field of law because the implementation of the sale and purchase has complied with the applicable provisions.

Thus, to be informed accordingly.
PT PELITA SAMUDERA SHIPPING TBK

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AGM of Shareholders 2022

SOLID PERFORMANCE AND AMPLE LIQUIDITY, PSSI TO DISTRIBUTE DIVIDEND FOR SHAREHOLDERS

PT Pelita Samudera Shipping Tbk (“The Company”, “PSS”, IDX code: PSSI) has held its Annual General Meeting of Shareholders (AGMS) of which all agendas are approved by shareholders.

One of the agenda approved at the AGMS is to Approve the use of the Company’s Net Profit for the fiscal year 2021 of USD 25 million as follows:

Approximately 5% of Net Profit of USD1.3 million or equivalent to Rp17.9 billion is determined as the Company’s reserve fund in accordance with Article 70 paragraph (1) of the Limited Liability Company Law;

Approximately 41% of net profit of USD10.2 million or equivalent to IDR147 billion was distributed as cash dividends of IDR28 per share to shareholders whose names were listed in the Company’s Shareholder Register on May 25, 2022 at 16.00 Western Indonesia Time (“Recording Date“), taking into account the Regulation of PT Bursa Efek Indonesia for stock trading on the Indonesia Stock Exchange,  with the note that for the Company’s shares located under collective custody, the following provisions apply:

  • Cum Dividend Stock Exchange Trading Date in Regular and Negotiated Market on May 23, 2022;
  • Ex Dividend Stock Exchange Trading Date  in Regular and Negotiated Market on May 24, 2022;
  • Cum Dividend Stock Exchange Trading Date – Spot Market on May 25, 2022;
  • Ex Dividen Stock Exchange Trading Date  in Spot  Market on May 27, 2022.
  • Payment of cash dividends to eligible shareholders will be carried out no later than June 16, 2022.

Approximately 54% of Net Profit or US$13.5 million or equivalent to IDR192.9 billion is recorded as profit held by the Company or retained earnings.

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CSR Ramadan 2022

PSS Donated Carpets, A/C, Marawis Instruments, and Prayers equipments for a Community Mosque  in Tanjung Priok, North Jakarta

The CSR activities was done during the month of Ramadan, 26 April 2022. The Baitur Rouf Mosque is located in a densely populated area in Papanggo, Tanjung Priok, North Jakarta. The community not only use the mosque for a place for praying, but also for kids studying Quran, and also a place where the women practicing Marawis, a small double-sided hand drum originally from the Middle East. It is a popular musical instrument in the Middle East.

PSS donated a fresh new carpet for the community to pray, one unit of Air Conditioner, a new set of marawis instruments for the women to enhance their skills, and also some desk and chairs for the kids to study quran and islam.

PSS also provide 135 staple food packages for the local community to support them in household economy recovery from the rising price of commodities.

Contributed by
Corporate Communication PSS
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Employee Gathering in Bandung and Balikpapan for PT Pelita Samudera Shipping Tbk Employees

The Company again held recreational facilities for employees, after not being held
in 2020 due to the COVID-19 pandemic. This Recreational Facility in the form of Employee
Gathering is a form of appreciation from Company to employees to jointly relax for a moment
from the work routines and establish familiarity with each other so as to build a conducive
atmosphere.

Employees of Jakarta Head Office held an Employee Gathering in Bandung, West Java on December 16-17, 2021. Meanwhile, the Employees of Samarinda Branch Office held an Employee Gathering in Balikpapan December 9-10, 2021

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PT Pelita Samudera Shipping Tbk Receives Environment Social and Governance Award 2021

 

The Company received the ESG Disclosure Award from Investor Magazine – Berita Satu Media Holdings (BSMH) in collaboration with Bumi Global Carbon Foundation (BGKF) as an appreciation to companies that have a commitment in the disclosure of ESG (Environment, Social & Governance).

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PSSI Announces Spin Off of Dry Bulk Ship Business Segment to Intensify the Growth

PT Pelita Samudera Shipping Tbk (IDX: PSSI) (the “Company”) held an Extraordinary General Meeting of Shareholders (“Meeting”) on October 20, 2021, to seek approval for the Spin-off of Dry Bulk Ship Business Segment from the company to a subsidiary.

The Company has undergone thorough assessment and process of the spin-off has been conducted in compliance with the applicable rules and regulations. Through the Spin-off, it is expected that the development and management of assets can be more intensive and more optimal, so that both companies; the Company as a Parent, and a subsidiary entity, can make a better contribution to all stakeholders of the Company. This process is carried out by transferring six units of bulk cargo ships owned by the Company, along with their related inventories and loans related to separation to the subsidiary whereby the Company owns 99%.

Iriawan Ibarat, President Director of the Company, is quoted, “By having the spin off, dry bulk business is focused in one subsidiary company that would enable the subsidiary company to have access to funding both from banks and strategic investors. It would also provide opportunity to offer its shares to the public through the Public Offering. Iriawan added, the Company is currently exploring the market with strategic investors to develop the Dry Bulk ship business segment.

– End –

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Blood Donation Day for PSS and group companies’ employees

In Celebrating Indonesia’s Red Cross (PMI) Day, September 17, PSS together with the group of companies, MSI, IMC Plantation, PBS, and PSS Logistics use the momentum to conduct Blood Donation activities. This year’s theme is “Bergerak bersama untuk Seksama (Moving Together for Others).

The restrictions on mobility and community activities have had an impact on the low number of blood donors during the Covid-19 pandemic. PMI data said that from the beginning of January – September 2021 there was a decrease of 20 – 30 percent for blood donors at the national level, while demand remained high.

This activity is part of one of the pillars of CSR PSS, namely “Indonesia Lebih Sehat (Healthier Indonesia).”

From this blood donation activity, 29 bags of blood were successfully collected

Thank you, colleagues, for donating your blood. Hopefully, 29 bags of blood collected can be useful for those in need while adding bloodstock to PMI

Let’s donate our blood to help save the lives of our brothers and sisters in need. Thank you for your participation.

-End-

Contributor: Corporate Communication
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PSS Director Awarded Samarinda’s Port Health Office Certificate of Appreciation

 

Director of PT Pelita Samudra Shipping Tbk (PSS) Harry Chan handed the certificate of appreciation to the Port Health Office (KKP) Class IIA Samarinda, received by the Head of the Port Health Office Class IIA Samarinda, Solihin.

The awarding of the KKP Class II A Samarinda is a form of gratitude. Especially during the COVID-19 pandemic, that is very important to prevent its spread on board. KKP has done a lot of assistance, both for employees and ships at PT PSS Tbk, in this case for Antigen tests, PCR, and also vaccinations. “We thank KPP Class IIA Samarinda. Because of them, employees and crew of PT PSS ships in Samarinda and in Jakarta one hundred percent have been vaccinated COVID-19. I hope this cooperation can be continued and improved in the future. So that later it can create a good synergy between the government and the private sector,” he said.

Meanwhile, Head of KKP Class IIA Samarinda, Solihin expressed his gratitude for the award from PT PSS Tbk. This appreciation certainly adds to the spirit to work better. “In this momentum, of course, we must take care of each other and strengthen each other in efforts to prevent Covid-19, because they do not know when it will end. There needs to be education and information in order for work, especially in the transportation and shipping industry,” he said.

He hopes, between KKP and PT PSS Tbk support each other and strengthen the relationship. As a regulator, he emphasized that he will continue to monitor and provide up-to-date information about COVID-19 to colleagues in the field. “And I emphasize for the employees and crew on board to continue to implement the COVID-19 health protocol in work,” he concluded

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