{"id":3174,"date":"2016-06-02T10:00:32","date_gmt":"2016-06-02T10:00:32","guid":{"rendered":"http:\/\/bakrie-brothers.id\/dev\/?p=3174"},"modified":"2020-11-14T16:25:32","modified_gmt":"2020-11-14T16:25:32","slug":"bnbr-releases-idr-990-692-billion-convertible-bond","status":"publish","type":"post","link":"https:\/\/bakrie-brothers.com\/id\/news-and-media\/bnbr-releases-idr-990-692-billion-convertible-bond\/","title":{"rendered":"BNBR Rilis Obligasi Konversi Senilai Rp.990,692 Miliar"},"content":{"rendered":"<p>Sumber: Humas BNBR | 02 Jun 2016<\/p>\n\n\n\n<p>Rapat Umum Pemegang Saham Luar Biasa (RUPSLB) PT Bakrie & Brothers Tbk (\u201cBNBR\u201d atau \u201cPerseroan\u201d) yang diselenggarakan di Jakarta, Kamis (2\/6) telah menyetujui rencana Perseroan untuk melakukan Penambahan Modal Tanpa Hak Memesan Efek Terlebih Dahulu (PMTHMETD). Dengan persetujuan ini, BNBR telah efektif untuk melakukan restrukturisasi atas utang-utang yang ada, dengan cara mengkonversinya menjadi modal saham. Sementara itu, pada RUPS Tahunan BNBR yang telah dilakukan pada hari yang sama, pemegang saham memberikan persetujuan kepada Perseroan untuk tidak membagikan dividen kepada pemegang saham.<\/p>\n\n\n\n<p>\u201cYa benar, dengan persetujuan RUPSLB tadi, Perseroan akan segera melakukan penerbitan Obligasi Wajib Konversi senilai Rp.990.692.339.000,\u201d kata Bobby Gafur Umar, Direktur Utama BNBR kepada wartawan usai RUPS. Dijelaskan oleh Bobby, langkah-langkah Perseroan dalam melakukan rencana restrukturisasi atas utang-utang Perseroan tersebut, dilaksanakan dengan mengacu kepada ketentuan Penambahan Modal tanpa memberikan HMETD.<\/p>\n\n\n\n<p>Bobby menjelaskan, dengan mempertimbangkan modal kerja bersih Perseroan yang negatif per 31 Maret 2016, yakni sebesar negatif Rp 9.010.156.514.000 sebagai akibat dari kumulasi beberapa kerugian besar di masa lampau dan total liabilitas yang telah melampaui 80% dari aset Perseroan yakni sebesar 141%, maka dengan memperhatikan Peraturan dalam POJK No.38 Pasal 3, Perseroan telah mematangkan rencana untuk melakukan penerbitan Obligasi Wajib Konversi (OWK) sebesar Rp 990.692.339.000. \u201cCaranya, akan dikonversi menjadi Saham Baru Perseroan,\u201d kata Bobby.<\/p>\n\n\n\n<p>Direktur Keuangan BNBR, A. Amri Aswono Putro menambahkan, OWK yang akan dikonversi menjadi Saham Baru Perseroan sebanyak 19.813.846.780 saham atau sebesar 17,45% dari modal ditempatkan dan disetor penuh Perseroan. \u201cRencana Transaksi nya merupakan Transaksi Material, yang dikecualikan sebagaimana dimaksud dalam Peraturan Bapepam-LK No. IX.E.2 dan bukan merupakan Transaksi Afiliasi atau Transaksi yang mengandung benturan kepentingan sebagaimana dimaksud dalam Peraturan Bapepam-LK IX.E.1,\u201d kata Amri, seraya menambahkan bahwa OWK tersebut wajib dikonversi menjadi Saham Baru Perseroan sejumlah 19.813.846.780 saham, dengan harga pelaksanaan Rp 50 per saham.<\/p>\n\n\n\n<p>Menurut Bobby Gafur Umar, aksi korporasi ini akan mendatangkan manfaat baik bagi Perseroan dan para pemangku kepentingan lainnya. \u201cNantinya kita akan lihat, dengan dilaksanakannya Rencana Transaksi ini, akan terjadi perbaikan pada sisi ekuitas Perseroan. Ekuitas Perseroan akan meningkat menjadi negatif Rp 2.848.119.441.000 yang disebabkan pelaksanaan transaksi konversi OWK menjadi ekuitas Perseroan,\u201d ujarnya. Selain itu pada sisi liabilitas jangka pendek Perseroan, terjadi penurunan sebesar Rp 990.692.339.000 menjadi sebesar Rp 11.173.283.089.000 atau turun sebesar 8,14%.<\/p>\n\n\n\n<p>Penurunan utang yang diiringi dengan kenaikan ekuitas ini juga diharapkan akan dapat memperbaiki rasio utang Perseroan terhadap aset Perseroan dari sebelum terjadinya Rencana Transaksi, yakni dari sebelumnya sebesar 1,41 kali menjadi sebesar 1,31 kali. \u201cTidak hanya itu, dengan dilaksanakannya Rencana Transaksi, Perseroan diharapkan dapat menurunkan potensi beban bunga per tahun sebesar kurang lebih Rp 85,85 miliar. Tentunya hal ini sangat membantu kondisi keuangan Perseroan,\u201d kata Bobby.<\/p>\n\n\n\n<p>Ditambahkan oleh A.Amri Aswono Putro, Perseroan juga akan memetik banyak manfaat lain dari Rencana Transaksi ini. \u201cSudah jelas, Rencana Transaksi ini akan memperkuat struktur permodalan Perseroan. Akan ada pengurangan hutang sekaligus penambahan saham, dan ini akan membantu Perseroan untuk memiliki rasio utang terhadap ekuitas yang lebih sehat, solid dan fleksibel,\u201d kata Amri menjelaskan. Selain itu, beban keuangan Perseroan juga akan berkurang, yang pada akhirnya akan meningkatkan profitabilitas serta memperkuat struktur arus kas Perseroan di masa yang akan datang, karena menurunnya pokok hutang.<\/p>\n\n\n\n<p>Pada kesempatan tersebut, Bobby Gafur Umar juga memaparkan ihwal perkembangan dan kemajuan pembangunan sejumlah proyek di bidang infrastruktur dan manufaktur yang sedang digarap oleh Perseroan. Tiga unit usaha Perseroan yang bergerak masing-masing di bidang industri komponen otomotif, bahan bangunan serta fabrikasi dan konstruksi metal, yakni PT Bakrie Autoparts, PT Bakrie Building Industries dan PT Bakrie Metal Industries, saat ini sedang melakukan pengembangan bisnis di lini usaha masing-masing.<\/p>\n\n\n\n<p>\u201cPT Bakrie Autoparts sedang meningkatkan kapasitas produksi melalui modernisasi fasilitas produksi; ekspansi portofolio produk dengan margin yang lebih tinggi. PT Bakrie Building Industries, tengah melakukan ekspansi portofolio produk dengan produk high value added; memperluas jaringan distribusi, agar semakin dekat dengan konsumen. Sementara PT Bakrie Metal Industries agresif melakukan penambahan varian produk melalui pendirian coating plant dan laboratorium metal services; serta perluasan pasar non-migas,\u201d kata Bobby Gafur Umar memberikan penjelasan.<\/p>\n\n\n\n<p>Di bidang infrastruktur, sejumlah unit usaha Perseroan juga sedang terlibat dalam beberapa proyek infrastruktur strategis. Misalnya, bekerja sama dengan PT Perusahaan Gas Negara Tbk (PGN), Perseroan sedang menggarap proyek pipanisasi gas Kalija 1, yang sejak Agustus tahun lalu telah mulai mengalirkan gas dari lapangan Kepodang (lapangan gas Muriah milik Petronas) menuju PLTG Tambak Lorok,106 mmbtu gas per hari. Di sektor infrastruktur jalan tol, bekerja sama dengan PT Waskita Toll Road (anak usaha PT Waskita Karya Tbk), Perseroan tengah menggarap pembangunan jalan tol Cimanggis-Cibitung. \u201cTahap pertama sudah dimulai September 2015, Saat ini sedang dikerjakan proses konstruksi di interchange Cimanggis dan seksi satu sepanjang tiga kilometer lebih,\u201d kata Bobby.<\/p>\n\n\n\n<p>Selain itu, Perseroan bersama dengan YTL Jawa Energy BV (anak usaha YTL Corporation Berhad), Perseroan juga sedang menggarap proyek PLTU Tanjung Jati A dengan kapasitas 2x660MW. \u201cPenandatanganan PPA sudah kita lakukan pada bulan Desember 2015 lalu, sekarang sedang dalam proses pendanaan investasi dan persiapan konstruksi,\u201d kata Bobby menambahkan.<\/p>\n\n\n\n<p>Untuk informasi lebih lanjut, hubungi:<br>Media Relations: Bayu Nimpuno<br><strong>Head of Corporate Communications<\/strong><br>bayu.nimpuno@bakrie.co.id<\/p>\n\n\n\n<p>Investor Relations: Indra Ginting<br><strong>Chief Investor Relations Officer<\/strong><br>indra.ginting@bakrie.co.id<\/p>\n\n\n\n<p>Atau kunjungi www.bakrie-brothers.com<\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Humas BNBR | 02 Jun 2016 The Extraordinary General Meeting of Shareholders (EGMS) of PT Bakrie &amp; Brothers Tbk (\u201cBNBR\u201d or \u201cCompany\u201d) held in Jakarta on Thursday (2\/6) has approved the Company\u2019s plan to doing right issue (Penambahan Modal Tanpa Hak Memesan Efek Terlebih Dahulu\/PMTHMETD) ). With this agreement, BNBR has been effective in restructuring existing debts by converting them into share capital. Meanwhile, at the BNBR Annual General Meeting held on the same day, shareholders gave approval to the Company not to distribute dividends to shareholders. \u201cYes, right, with the approval of the EGMS earlier, the Company will immediately issue the Mandatory Conversion Bonds worth Rp.990,692,339,000,\u201d Bobby Gafur Umar, Director of BNBR, told reporters after the AGM. Explained by Bobby, the steps taken by the Company in carrying out the restructuring plan for the Company\u2019s debts were carried out in accordance with the provisions on The Rights Issue. Bobby explained, taking into account the negative net working capital of the Company as of March 31, 2016, which was negative Rp 9,010,156,514,000 as a result of the cumulation of several large losses in the past and total liabilities that had exceeded 80% of the Company\u2019s assets amounting to 141% , by taking into account Regulation in POJK No.38 Article 3, the Company has finalized the plan to issue the Obligatory Conversion Bonds (OWK) in the amount of Rp 990,692,339,000. \u201cThe method will be converted into the Company\u2019s New Shares,\u201d Bobby said. BNBR Finance Director, A. Amri Aswono Putro added, OWK that will be converted into the Company\u2019s New Shares of 19,813,846,780 shares or 17.45% of the Company\u2019s issued and fully paid capital. \u201cThe Transaction Plan is a Material Transaction, which is excluded as referred to in Bapepam-LK Regulation No. IX.E.2 and not an Affiliated Transaction or Transaction that contains a conflict of interest as referred to in Bapepam-LK Regulation IX.E.1, \u201cAmri said, adding that the OWK must be converted into 19,813,846,780 shares of the Company\u2019s New Shares, with an exercise price of Rp 50 per share. Benefits for the Company According to Bobby Gafur Umar, this corporate action will bring benefits to the Company and other stakeholders. \u201cLater we will see, with the implementation of this Transaction Plan, there will be improvements in the Company\u2019s equity. The Company\u2019s equity will increase to negative Rp 2,848,119,441,000 due to the implementation of the conversion of OWK transactions into the Company\u2019s equity, \u201che said. In addition to the Company\u2019s short-term liabilities, there was a decrease of Rp 990,692,339,000 to Rp 11,173,283,089,000 or decreased by 8.14%. Debt reduction accompanied by an increase in equity is also expected to be able to improve the ratio of the Company\u2019s debt to the Company\u2019s assets from before the Proposed Transaction, i.e. from 1.41 times to 1.31 times. \u201cNot only that, with the implementation of the Transaction Plan, the Company is expected to reduce the potential interest expense per year by approximately Rp.85.85 billion. Surely this has greatly helped the Company\u2019s financial condition, \u201cBobby said. Added by A.Amri Aswono Putro, the Company will also reap many other benefits from this Transaction Plan. \u201cIt is clear, this Transaction Plan will strengthen the Company\u2019s capital structure. There will be a reduction in debt as well as additional shares, and this will help the Company to have a healthier, more solid and flexible debt to equity ratio, \u201cAmri explained. In addition, the Company\u2019s financial burden will also be reduced, which in turn will increase profitability and strengthen the Company\u2019s cash flow structure in the future, due to the decrease in principal. BNBR Projects On this occasion, Bobby Gafur Umar also explained the development and progress of the construction of a number of projects in the infrastructure and manufacturing sectors that are being worked on by the Company. The Company\u2019s three business units that are engaged in the automotive component industry, building materials and metal fabrication and construction, namely PT Bakrie Autoparts, PT Bakrie Building Industries and PT Bakrie Metal Industries, are currently doing business development in their respective business lines. \u201cPT Bakrie Autoparts is increasing production capacity through modernizing production facilities; product portfolio expansion with higher margins. PT Bakrie Building Industries, is expanding its product portfolio with high value added products; expanding the distribution network, so as to get closer to consumers. While PT Bakrie Metal Industries is aggressively adding product variants through the establishment of a coating plant and metal services laboratory; and the expansion of the non-oil and gas market, \u201cBobby Gafur Umar explained. In the infrastructure sector, a number of the Company\u2019s business units are also involved in several strategic infrastructure projects. For example, in collaboration with PT Perusahaan Gas Negara Tbk (PGN), the Company is working on the Kalija 1 gas pipeline project, which since August last year has started to flow gas from the Kepodang field (Petronas\u2019s Muriah gas field) to the Tambak Lorok PLTG, 106 mmbtu gas per day. In the toll road infrastructure sector, in collaboration with PT Waskita Toll Road (a subsidiary of PT Waskita Karya Tbk), the Company is working on the construction of the Cimanggis-Cibitung toll road. \u201cThe first phase has begun in September 2015, and the construction process at the Cimanggis interchange and section one over three kilometers is currently underway,\u201d Bobby said. In addition, the Company together with YTL Jawa Energy BV (a subsidiary of YTL Corporation Berhad), the Company is also working on the Tanjung Jati A power plant project with a capacity of 2x660MW. \u201cWe have signed the PPA in December 2015, and are now in the process of investment funding and construction preparation,\u201d Bobby added. For further information, contact:Media Relations: Bayu NimpunoHead of Corporate Communicationsbayu.nimpuno@bakrie.co.id Investor Relations: Indra GintingChief Investor Relations Officerindra.ginting@bakrie.co.id or visit www.bakrie-brothers.com<\/p>","protected":false},"author":1,"featured_media":3178,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-3174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-media"],"_links":{"self":[{"href":"https:\/\/bakrie-brothers.com\/id\/wp-json\/wp\/v2\/posts\/3174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bakrie-brothers.com\/id\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bakrie-brothers.com\/id\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bakrie-brothers.com\/id\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bakrie-brothers.com\/id\/wp-json\/wp\/v2\/comments?post=3174"}],"version-history":[{"count":0,"href":"https:\/\/bakrie-brothers.com\/id\/wp-json\/wp\/v2\/posts\/3174\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bakrie-brothers.com\/id\/wp-json\/wp\/v2\/media\/3178"}],"wp:attachment":[{"href":"https:\/\/bakrie-brothers.com\/id\/wp-json\/wp\/v2\/media?parent=3174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bakrie-brothers.com\/id\/wp-json\/wp\/v2\/categories?post=3174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bakrie-brothers.com\/id\/wp-json\/wp\/v2\/tags?post=3174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}