KRL Ann. Extract ‘The Company recently received a request from...

KRL Ann. Extract

‘The Company recently received a request from its largest shareholder, PT Bayan Resources Tbk (56.05% shareholder) for the two parties to enter into a confidentiality agreement (‘’CA”). The CA is presently being finalised with a view to being executed later this week. In entering into the CA, the Company understands that PT Bayan seeks to obtain confidential information, and potentially undertake discussions with the Company, with a view to making an assessment whether to submit a proposal for the acquisition or purchase of all KRL shares not already owned by it..’