. (the “Sims”), the independent valuer, to verify financial status and evaluate the assets of Hero Experience. Sims based its evaluation on the Discounted Cash Flow Approach, assuming that the business has
Discounted Cash Flow Approach, assuming that the business has been operating for 9 years, which is the duration according to lease agreement of 3 years with possibility to renew the agreement for another 3
in other countries who are interested in expanding their businesses to Indonesia. Results in immediately (FY20E) accretive EPS and ROE for the Bank (assuming the Transaction completes within 2020
valuation methodology assuming the construction has completed by estimating the business operation (revenue and expense) of the Company in the next 10 years and used the discounted cash flow method by
financial status and evaluate the assets of Hero Experience. Sims based its evaluation on the Discounted Cash Flow Approach, assuming that the business has been operating for 9 years, which is the duration
and evaluate the assets of Hero Experience. Sims based its evaluation on the Discounted Cash Flow Approach, assuming that the business has been operating for 9 years on the area of 12,935 Square Meter
independent valuer, to verify financial status and evaluate the assets of Hero Experience. Sims based its evaluation on the Discounted Cash Flow Approach, assuming that the business has been operating for 9
“Sims”), the independent valuer, to verify financial status and evaluate the assets of Hero Experience. Sims based its evaluation on the Discounted Cash Flow Approach, assuming that the business has been
98,815,840 shares, consisting of 18,102,742 shares from RO allotment and 80,713,098 shares from oversubscription allotment. In this regard, assuming that there is no other oversubscribing shareholder, whilst