SHEET COUNTRY
REPUBLIC OF INDONESIA
GOVERNMENT REGULATION OF THE REPUBLIC OF INDONESIA
No. 3 YEAR 2011
ABOUT
CHANGES IN THE STRUCTURE OF THE COUNTRY ' S SHARE OWNERSHIP THROUGH THE ISSUER OF NEW
ON THE COMPANY PERSEROAN (PERSERO) PT THE GARUDA INDONESIA FLIGHT COMPANY
WITH THE GRACE OF THE ALMIGHTY GOD
PRESIDENT OF THE REPUBLIC OF INDONESIA,
Weigh: a. that to improve the performance and value of the Company Perseroan (Persero) PT Corporate Aviation Garuda Indonesia, need to restructure the Company Perseroan (Persero) PT Corporate Aviation Garuda Indonesia by means of conversion Persero Company (Persero) PT Angkasa Pura I, Company of Perseroan (Persero) PT Angkasa Pura II, and Perseroan Company (Persero) PT Bank Mandiri Tbk via publishing new shares;
B. that the restructuring as referred to in the letter a has been preceded by the Decree of the General Meeting of the Extraordinary Shareholders of the Company Perseroan (Persero) PT Companies Aviation Garuda Indonesia Number RIS-33/D3.MBU/ 2006 dated 1 November 2006 approved new stock spending in order of conversion of Obligation Obligation (persero) PT Angkasa pura i, company Perseroan (Persero) PT Angkasa pura II, and the Decision of Shareholders Outside of the General Meeting of Shareholders Perseroan Company (Persero) PT Company Aviation Garuda Indonesia Number 06.04/00/12/2009/001, BS.477/HK.09.01/2009-DU, KEP-257/MBU/2009 dated December 28, 2009, which approved new stock expenditures in order of conversion of the Obligation Obligation Company Perseroan (Persero) PT Bank Mandiri Tbk;
c. that under consideration as intended in the letter a and the letter b and to carry out the terms of
Section 4 paragraph (4) of the Law No. 19 Year 2003 on the State-Owed Business Agency, it needs to establish Government Regulation on Change of State Stock Ownership Structure Through New Stock Publishing on Perseroan Companies (Persero) PT Corporate Aviation Garuda Indonesia;
Remembering: 1. Section 5 of the paragraph (2) of the Basic Law of the Republic of Indonesia Year of 1945;
2.
Act No. 19 of 2003 on the State Owned Entity (State Gazette Indonesia Year 2003 Number 70, Additional Gazette Republic of Indonesia Number 4297);
3.
Government Regulation No. 44 Year 2005 on the Tata Cara Inclusion And Entrepreneurship of the State on the State-owned Enterprises and Limited Perseroan (State Sheet of the Republic of Indonesia Year 2005 Number 116, Indonesia's Republic of Indonesia Number 4555);
DECIDED:
SET: GOVERNMENT REGULATION ON THE CHANGE IN THE STRUCTURE OF THE OWNERSHIP OF THE COUNTRY SHARES THROUGH THE ISSUER OF NEW SHARES IN PERSEROAN COMPANY (PERSERO) PT OF AVIATION COMPANY GARUDA INDONESIA.
Section 1
(1) In order to restructure the company Perseroan (Persero) PT Corporate Aviation Garuda Indonesia which was established with Government Regulation No. 67 Year 1971 on Disconnecting the Form of State Company (PN) Air Transport "Garuda Indonesia" ("Garuda Indonesia") Indonesian Airways " became a Persero Company (Persero) carried out the addition of the Perseroan Company (Persero) PT of Garuda Indonesia Flight Company by publishing new shares as conversion of mandatory convertible bonds.
(2) The publishing of new shares as referred to in paragraph (1) includes:
a. by Rp124.248.000.00 (one hundred and twenty-four billion two hundred and forty-eight million rupiah) with a nominal value per share share of Rp1,000.00 (one million rupiah) to the Perseroan Company (Persero) PT Angkasa Pura I;
B. by Rp201.817.000.00 (two hundred one billion eight hundred and seventeen million rupiah) with a nominal value per share sheet Rp1,000.000.00 (one million rupiah) to the Perseroan Company (Persero) PT Angkasa Pura II; and
c. amounted to Rp967.869.000.000.00 (nine hundred sixty-seven billion eight hundred sixty-nine million rupiah) with a nominal value per share sheet Rp1,000.000.00 (one million rupiah) to the Perseroan Company (Persero) PT Bank Mandiri Tbk.
Section 2
The issuer of the new stock as referred to in Article 1 of the paragraph (2) resulted in a change in the ownership structure of the original state shares of 100% (one hundred percent) to 85.81% (eighty-five in eight one percent) of the entire stock. which are placed and tuned to the Perseroan Company (Persero) PT Corporate Garuda Indonesia.
Section 3
This Government Regulation shall come into effect on the date of the promulctest.
In order for everyone to know it, order the invitational of this Government Regulation with its placement in the State Sheet of the Republic of Indonesia.
Set in Jakarta
on January 11, 2011
PRESIDENT OF THE REPUBLIC OF INDONESIA,
-DR. H. SUSILO BAMBANG YUDHOYONO
Promulgated in Jakarta
on January 11, 2011
MINISTER OF LAW AND HUMAN RIGHTS
REPUBLIC OF INDONESIA,
PATRIALIST AKBAR
