government sector introducing stimulus packages, which would cause demand for fuel consumption in the industrial and transport sector to increase. Moreover, the excess of crude oil supply trends to decrease

institutions has become very strict and loan rejection rate has been rising. In addition, the projects developed by the Company are large-scale, resulting in an increase inventory. The Company, therefore

2011 and completion of the building construction in Cambodia. Generally, capital expenditure for production equipment will follow the increase in sales, particularly in the IC division. However, there is

expand the income base. As for real estate development business, the ratio of single house project development is increased to enhance business growth. As for real estate service business, the Company aims

% of the total shares. However, ACSI would like to increase capital registered from IDR 100,200 million to IDR 200,400 million in order to expand its business in Indonesia. Existing shareholders

restructuring plan of the Company including the scheduling of shareholders’ meeting of the Company within April 2019 to consider the Company’s capital increase. The Company may initially consider increasing its

in line with income from investments, an increase in net premiums earned - net, and revenue from capital market products. Nonetheless, given one extraordinary item – an increase in retirement reserves

of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media

of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media

of the Company and increase future operating cash flow. 5. Increase the working capital to the company. 9. Uses of Sales Proceeds Use for investing in other main business expansion of the group of the