In February 2000, the Company made an Initial Public Offering and is listed in the Surabaya Stock Exchange. After the merger of the Jakarta Stock Exchange and the Surabaya Stock Exchange in 2007, the chronology shares of the Company are as follows:
26
28
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2007
In year of 2007 (after Limited Public Offering I – “PUT I” ) as the result of PUT I, which was decided pursuant to Extraordinary General Meeting of Shareholders convened on the 29 December 2006 as stipulated under Deed of Minutes of Meeting of Extraordinary General Meeting of Shareholders No. 85, dated 29 December 2006, drawn up before Mrs. Poerbaningsih Adi Warsito S.H., Notary in Jakarta, as pursuant to the resolution of shareholders stipulated under Deed of Meeting Resolution No. 8 dated 5 March 2007 drawn up before Mrs. Poerbaningsih Adi Warsito S.H., Notary in Jakarta, the Company increased the issued and paid-up capital in respect of the issuance of new shares in amount of 441,674,000 shares with a total nominal value of Rp 220,837,000,000 as the result of the exercise of PUT I. The deed has been accepted and recorded in the Database of Administrative System for Legal Entities (“Sisminbakum”) in the Department of Law and Human Rights of the Republic of Indonesia, based on the receipt of Report of Deed of Amendment of Company Articles of Association No. W7-HT.01.04-6246 dated 3 May 2007, therefore the structure of capital and shareholders of the Company is as follows:
56.02% = AcrossAsia Ltd
32.67% = PT Reksa Puspita Karya 11.31% = Public and Ownership below 5%
Table the structure of capital and shareholders of the Company on page 28 (Table 6)
2008
On 26 June 2008 and 30 June 2008, PT Reksa Puspita Karya exercised their Warrant Series I each in amount of 13,000,000 warrants and 500,000 warrants with exercise price of Rp 1,000 per warrant. Fund from the exercise of Warrant Series I was received by the Company on 27 June 2008 and 1 July 2008, each in amount of Rp 13,000,000,000 and Rp 500,000,000. Therefore, after the exercised of Warrant Series I by PT Reksa Puspita Karya, the issued and paid-up capital of the Company increased to become 829,474,000 shares, with total nominal value of Rp 414,737,000,000. The increase of issued and paid-up capital of Company due to the exercise of Warrant Series I by PT Reksa Puspita Karya was ratified under the resolution of Extraordinary General Meeting of Shareholders as stipulated under Deed of Minutes of Meeting No. 4 dated 13 November 2009, drawn up by Lindasari Bachroem S.H., Notary in Jakarta and further stated in the Deed of Meeting Resolution No. 5 dated 13 November 2009 drawn up before Lindasari Bachroem S.H., Notary in Jakarta. The deed was reported to the Minister of Law and Human Rights of the Republic of Indonesia with Letter of Acceptance of the Minister of Law and Human Rights of the Republic of Indonesia No. AHU-AH.01.10-00269 dated 6 January 2010 and has been registered in the Company Register No. AHU-0000833.AH.01.09.Tahun 2010 dated 6 January 2010, thus the structure of capital and shareholders of the Company is as follows:
55.11% = AcrossAsia Ltd
33.77% = PT Reksa Puspita Karya 11.12% = Public and Ownership below 5%
Table the structure of capital and shareholders of the Company on page 29 (Table 7)
2010
On 18 March 2010, the Company had increased its authorized capital to become Rp 1,650,000,000,000, divided into 3,300,000,000 shares pursuant to the resolution of Extraordinary General Meeting of Shareholders dated 4 March 2010 as stipulated under Deed of Minutes of Meeting No. 6 dated 4 March 2010, drawn up before Lindasari Bachroem S.H., Notary in Jakarta, and further stipulated under Deed of Statement of Meeting Resolution No. 7 dated 4 March 2010 drawn up before Lindasari Bachroem S.H., Notary in Jakarta. The Deed has been approved by the Minister of Law and Human Rights of the Republic of Indonesia by Decree No. 13941.AH.01.02.Tahun AHU-2010 dated 18 March 2010, therefore the structure of capital and shareholders of the Company is as follows:
55.11% = AcrossAsia Ltd
33.77% = PT Reksa Puspita Karya 11.12% = Public and Ownership below 5%
Table the structure of capital and shareholders of the Company on page 30 (Table 8)
Pursuant to resolution of Extraordinary General Meeting of Shareholders dated 19 April 2010 as stipulated under Deed of Minutes of Meeting No. 21 dated 19 April 2010 drawn up before Lindasari Bachroem, S.H., notary in Jakarta, and pursuant to resolution of shareholders stipulated under Deed of Resolution Meeting No. 7 dated 20 July 2010 drawn up before Lindasari Bachroem, S.H., notary in Jakarta, the Company has obtained approval for Limited Public Offering II (“PUT II”) and to increase issued and paid up capital in connection to the issuance of new shares in amount of 912,421,400 shares with total value of Rp 456,210,700,000 as the result of the exercise of PUT II. The deed was received and registered in Database of Administrative System for Legal Entity (“Sisminbakum”) in Ministry of Law and Human Rights of Republic of Indonesia pursuant to the acceptance of amendment of Article of Association of the Company No. AHU-AH.01.10-21071 dated 18 August 2010, therefore the structure of capital and shareholders of Company is as follows:
55.11% = AcrossAsia Ltd
33.77% = PT Reksa Puspita Karya 11.12% = Public and Ownership below 5%
Table the structure of capital and shareholders of the Company on page 31 (Table 9)
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2011
Pursuant to resolution of Extraordinary General Shareholders of the Company stipulated under Deed of Resolution Meeting No. 16 dated 3 June 2011, drawn up before Dr. Irawan Soerodjo S.H., M.SI., notary in Jakarta, which has obtained approval from Minister of Law and Human Rights of Republic of Indonesia under decree No. AHU-36144.AH.01.02.
Tahun 2011 dated 19 July 2011, the Company had increased its authorized capital to Rp 3,483,793,800,000 divided into 6,967,587,600 shares and increased the issued and paid-up capital in accordance with the exercise of Warrant Series II, therefore the structure of capital and shareholders of the Company is as follows:
55.11% = AcrossAsia Ltd
33.77% = PT Reksa Puspita Karya 11.12% = Public and Ownership below 5%
Table the structure of capital and shareholders of the Company on page 31 (Table 10)
On 5 October 2011, the public shareholders of the Company had exercised Warrant Series II and the exercise of Warrant Series II was in good fund. Pursuant the exercise of Warrant Series II, the increment of issued and paid-up capital of the Company has been ratified by the resolution of Extraordinary General Meeting of the Company dated 21 October 2011, stipulated under Deed of Minutes of Meeting No. 6 dated 21 October 2011 drawn up before Lindasari Bachroem S.H., notary in Jakarta, therefore the issued and paid-up capital of the Company shall become 1,741,896,978 shares with total nominal value of Rp 870,948,489,000 with structure of capital and shareholders of the Company is as follows :
55.11% = AcrossAsia Ltd
33.77% = PT Reksa Puspita Karya 11.12% = Public and Ownership below 5%
Table the structure of capital and shareholders of the Company on page 32 (Table 11)
2012
Pursuant to the Register of Shareholders of the Company, issued by PT Sharestar Indonesia, for the shares ownership of more than 5% (five percent) per 31 December 2012, the composition of Company Shareholders is as follows:
55.11% = AcrossAsia Ltd
33.77% = PT Reksa Puspita Karya 11.12% = Public and Ownership below 5%
Table the structure of capital and shareholders of the Company on page 32 (Table 12)
MILESToNE
1994 • Establishment of the Company
1998 • Acquisition of Cable TV assets from PT Anditirta Indonesia
2000 • Go Public and listed in Surabaya Stock Exchange
• Change its name to PT Broadband Multimedia Tbk
• Offered services in Bali and Surabaya
• Offered broadband Internet access
• Initial network expansion started
2001 • EBITDA positive reached
• Network expansion completed
2002 • Sole Provider to Bursa Efek Jakarta (now Bursa Efek Indonesia) for Jakarta Automated Trading System.
2003 • Subscribers base exceeded 100,000
2004 • Commercial launch of “MyNet” internet service
• ISO 9001:2000 certification
2006 • Expansion to Digital platform
• First Rights Issue of Rp 200,000 billion
2007 • Changed name to PT First Media Tbk
• Launching high-speed broadband internet service “FastNet”
• Re-branding “KabelVision” to “First Media”
• Launching TriplePlay concept: FastNet, HomeCable, and DataComm
• Acquired 41,000 FastNet subscribers during launch
• Expand network (new roll-out) 100,000 homes passed
2008 • Acquisition of PT Link Net, a company engaged in Internet Service Provider
• Establishment of new companies in the fields of film and video, PT First Media Production and PT First Media News
2009 • Robust revenue growth of 36%, reaching Rp 722,000 million and EBITDA of Rp 199,000 million
• Acquired WiMax license for Greater Jakarta Area and Banten and northern part of Sumatra
• Introducing
» FastNet 10 Mbps and FastNet SOHO
» HomeCable Family and HomeCable ultimate
2010 • Introducing:
» FastNet Kids
» HomeCable Family Plus
» First HD Channels in Indonesia
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» FastNet 20 Mbps
• Service Program:
» Premium Call Center
» NSIA online payment Facility
• Awards:
» SWA Word of Mouth Awards
» The Best Contact Center Indonesia by ICCA
2011 • New Roll Out Phase II (Target 150K HP in 2011)
• Indonesia Brand Champion Award by Mark Plus for FastNet
• 2011 Word of Mouth by SWA Magazine
• 2011 Best Contact Center Award by ICCA (Indonesia Contact Center Association)
• Indonesia Most Admired Company 2011 by Bloomberg Business Week
• Launching Video On Demand on 12 October at Pakubuwono View
• Net Promotor Score Leader Pay TV Category to First Media, by SWA
• Net Promotor Score Leader Broadband/Fixed ISP category to Fast- Net, by SWA
• Indonesia most promising Broadband Service Provider of the year The first High Definition News Channel
2012 • Introducing PVR (Personal Video Recorder) & OTT Technology through First Media Live