purpose of carrying on the business as manufacturer and supplier of various finished and semi-finished automotive stamping components in Indonesia. The New Company further received the acknowledgment dated

a historic high rate of 123.5 KBD during this past September. Meanwhile, Operating GRM declined by 1.69 $/BBL from the previous year, which was affected by the crack spread of finished product and

price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and

intensified competition, and the refinery’s TAM which resulted in the lower volume of finished oil produced. On the other hand, retail market which is the company’s main distribution channel recorded sales

:   2. An increase in the interest rate of SNW224A, SNW231A and SNW233A bonds from 8.00% per year to 8.50% per year throughout the extended periods;    3. Approval of a waiver for the failure to maintain

the original rate of 6.25 percent per year to 7.25 percent per year, during the extended maturity period; 5.) Repaying 50 percent of the bond principal on 21 July 2025, with the remaining balance to

, scheduled for payment every six months from the original maturity date. The remaining balance will be settled on the extended maturity date of the bond;   (4) Increasing the interest rate by 0.10 percent per

date set for 20 April 2027;(4) Increasing the interest rate from 6.75 percent per year to 7.25 percent per year, during the extended maturity period; (5) Dividing the principal repayment into two

installments totaling 30 percent of the bond values, while the second installments covering the remaining balances on the extended maturity dates. (The first installments payments are scheduled as follows

          (b) an increase in the interest rates of the bonds by 0.50% per annum (from the day following the completion of one year from the original maturity dates until the new extended maturity dates). A