PT Prima Multi Usaha Indonesia Tbk (PMUI), an issuer specialising in\ntelecommunications wholesale and management consultancy, has officially\nextended the validity of its initial Term Sheet regarding the company\u2019s\nplanned takeover until 31 December 2026.<\/p>\n
The extension agreement was formalised through the signing of an\nAddendum Term Sheet on 2 September 2026, involving PT Tunas Binatama\nLestari as the Buyer, PT Prima Multi Usaha Indonesia Tbk as Seller 1,\nand Agus Susanto as Seller 2.<\/p>\n
The legal document was signed directly by Jonny, the President\nDirector of PT Tunas Binatama Lestari, and Agus Susanto, who serves as\nthe President Director of PT Prima Multi Usaha Indonesia Tbk.<\/p>\n
Following this agreement, PMUI management submitted a Material Fact\nReport to the Financial Services Authority (OJK) and the Indonesia Stock\nExchange (BEI) via letter number 1-065\/PMUI-CORCA\/IX\/2026, dated 3\nSeptember 2026.<\/p>\n
In the written report signed by PMUI Director Ari Purwandini, it was\nexplained that the extension was implemented to allow adequate room for\ndiscussion, as the transaction\u2019s deliberation and negotiation processes\nare still ongoing.<\/p>\n
The planned transaction, originally agreed upon on 12 February 2026,\nencompasses three main schemes: the takeover of shares by the Buyer, the\nrepurchase of assets and businesses by the Sellers, and the injection of\nnew assets and businesses by the Buyer.<\/p>\n
Under the terms of the addendum, all previous terms and conditions\nremain in effect; however, the agreement will automatically expire if\nthe planned transaction is not completed by 31 December 2026.<\/p>\n
Management has ensured that the disclosure of this material fact\nregarding the negotiation extension will not have any negative impact on\nthe company\u2019s operational, legal, financial, or business continuity\nstatus.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/prima-multi-usaha-indonesia-pmui-extends-share-takeover-negotiations-1788429128", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }