| No. | : | 009/TPSF-CORSEC/II/2018 |
| Attachment | : | – |
| Subject | : | Information Transparency What Public Needs to Know |
Attn.
Chief Executive Officer of Capital Market Supervisory of the Financial Services Authority
Sumitro Djojohadikusumo Building
Office Complex Ministry of Finance RI,
Jl.Lapangan Banteng Timur No. 2-4
South Jakarta 10710
With respect,
Referring to the Financial Services Authority Regulation No: 31 / POJK.04 / 2015 on Disclosure of Information or Material Facts By Issuers or Public Companies We hereby acting on behalf of the Company submitting the Material Information or Facts Report as follows:
| 1. | Date of Event | 2 February 2018 |
| 2. | Type of Material Information or Facts | The decision of the Panel of Judges at the Karawang District Court to examine the case of register number 474/Pid.B/2017/PN.Kwg |
| 3. | Detail of Material Information or Facts | The Panel of Judges at the Bekasi District Court who examined the case with the register number 474/Pid.B/2017/PN.Kwg has issued a decision, among others, to decide to impose a sentence of imprisonment for 7 months, cut the period of detention.
That the verdict has not been legally enforceable because the Panel of Judges gives 7 days from the decision to be read to declare an appeal or accept the verdict. |
| 4. | The impact of such events, information or facts on the operational, legal, financial, or business continuity of the Issuer or Public Company. | The impact of such events:
i. To operational activities: The Parent Company of PT Jatisari Sri Rejeki (“PT JSR”) has laid off almost all employees of PT JSR for termination of employment. ii. To the financial condition: the Company has the potential to lose revenue, especially from the rice business; iii. To the business continuity: The Company plans to sell the rice business which to be implemented in accordance with the provisions of applicable regulations. iv. Legal Status: |
| 5. | Miscellaneous description | – |
It is thus conveyed, thank you for your attention.
Best regards,
PT Tiga Pilar Sejahtera Food, Tbk
Ricky Tjie
Corporate Secretary
Tembusan: Direksi Bursa Efek Indonesia