SHEET COUNTRY
REPUBLIC OF INDONESIA
GOVERNMENT REGULATION OF THE REPUBLIC OF INDONESIA
NUMBER 30 YEAR 2002
ABOUT
REPUBLIC OF INDONESIA ' S STATE-OWNED STOCK SALES
IN THE COMPANY PERSEROAN (PERSERO)
PT INDOSAT TBK.
PRESIDENT OF THE REPUBLIC OF INDONESIA,
.,, weighed: a. that in order to increase the acceptance of the State, it is seen as necessary to undertake the sale of the state-owned shares of the Republic of Indonesia on PT (PERSERO) Indosat Tbk.
., b. that the sale of the State owned shares, needs to be set with the Government Regulation;
.,, Given: 1. Section 5 of the paragraph (2) of the Basic Law of 1945 as it has been several times amended last with the Third Amendment of the Basic Law of 1945;
., 2. Law Number 9 Year 1969 on Establishing The Replacement Government Ordinance Number 1 1969 (sheet Of State Of The Republic Of Indonesia In 1969 Number 16, Additional Gazette Number 2890) On The Forms Of State Effort Law (Sheet State Of The Republic Of Indonesia 1969 Number 40, Addition Of State Sheet Number 2904);
., 3. Law No. 1 of 1995 on the Limited Perseroan (State Sheet of the Republic of Indonesia in 1995 Number 13, Additional Gazette of State 3587);
., 4. Law Number 20 Of 1997 On The Acceptance Of The State Not Taxes (State Sheet Of The Republic Of Indonesia In 1997 Number 43, Additional Sheet Of State Number 3687);
. .5. Government Regulation No. 52 of 1980 on the inclusion of the State Capital of the Republic of Indonesia in the PPT. Indonesian Satellite Corporation (PT. Indosat) (Sheet Country Republic Of Indonesia 1980 Number 80) as amended by Government Regulation No. 77 of 1991 (State Gazette of Republic of Indonesia 1991 No. 99);
., 6. Government Regulation No. 12 of 1998 on the Company Perseroan (PERSERO) (State Gazette Indonesia Year 1998 Number 15, Additional Gazette State number 3731) as amended by Government Regulation No. 45 of 2001 (sheet of State of the Republic of Indonesia in 2001 Number 168, Additional Gazette State Number 4101);
., 7. Government Regulation No. 64 of 2001 on the Assignment Of Position, Duty and Authority of Finance Minister of the Company (PERSERO), General Company (PERUM), and Service Office (PERJAN) to the State Minister of the State of the State of the Union. (State of the Republic of Indonesia in 2001 Number 117, Additional Gazette State Number 4137);
DECIDED:
.,, Setting: GOVERNMENT REGULATIONS ON THE SALE OF SHARES OF THE Indonesian REPUBLIC OF INDONESIA ON THE COMPANY PERSEROAN (PERSERO) PT INDOSAT TBK.
BAB I
STOCK SALES
Section 1
.,, (1) The State of the Republic of Indonesia conducts a partial sale of its shares in the Perseroan Company (PERSERO) The PT. Indosat Tbk. through capital markets and or to strategic partners.
.,, (2) The sale of shares as referred to in paragraph (1) is done with regard to the principle of the best price offering.
Section 2
The stock sales result as referred to in Section 1 is directly deployed to the State Kas after minus all costs associated with the sale in accordance with applicable law provisions.
Section 3
.,, (1) The shares sold as referred to in Article 1 are a maximum of 50% (fifty percent) of the entire number of shares of the B Company Perseroan (PERSERO) series PT Indosat Tbk. which has been issued and full-listed.
.,, (2) Banythereof shares and the magnitude of the value of the shares to be sold are set by the State Minister of State-owned Enterprises.
.,, (3) Following the implementation of the sale of the shares, the State Minister of State ' s Property Agencies notified the large number of shares and the magnitude of the value of shares sold to the Minister
BAB II
IMPLEMENTATION OF THE SALE OF SHARES
Section 4
The implementation of the sale of the State shares of the Republic of Indonesia as referred to in Article 1 is conducted under the provisions of Act No. 1 of 1995, with regard to the provisions set forth in Government Regulation No. 12 of 1998. as has been amended with the Government Regulation Number 45 of 2001, and the Government Regulation No. 64 of 2001 as well as applicable other laws.
Section 5
Further provisions are required for the implementation of this Government Regulation, governed by the Minister of Finance and the State Minister of the State of the State, both together and alone in accordance with the scope of the field of duty and authority. each.
BAB III
CLOSING PROVISIONS
Section 6
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 May 16, 2002
PRESIDENT OF THE REPUBLIC OF INDONESIA,
MEGAWATI SOEKARNOPUTRI
Promulgated in Jakarta
on May 16, 2002
REPUBLIC OF INDONESIA STATE SECRETARY
BAMBANG KESOWO
