Nomor : TEL. 132/LP 000/COP-I5000000/2020
Jakarta, August 3 , 2020
Dewan Komisioner Otoritas Jasa Keuangan
Up. Kepala Eksekutif Pengawas Pasar Modal
Gedung Sumitro Djojohadikusumo
Jl. Lapangan Banteng Timur No.2-4,
Jakarta 10710
Re: | Disclosure of Information Regarding Late Submission of First Half Financial Statements for 2020 |
Financial Year |
Dear Sir,
In compliance with Indonesian Financial Service Authority's (Otoritas Jasa Keuangan/OJK) Regulation No. 31/POJK.04/2015 related to information disclosure for public company, we hereby inform you that:
Issuer Name | : PT Telkom Indonesia (Persero) Tbk | ||
Business Sector | : Telecommunication | ||
Telephone | : (+6221) 5215109 | ||
:investor@telkom.co.id | |||
1. | Information or material facts | Disclosure of Information Regarding Late Submission of First | |
Half Financial Statements for 2020 Financial Year | |||
2. | Date | August 3, 2020 |
3. Description | Pursuant to the Regulation of Chairman of Capital Market |
Supervisory Agency and Financial Institution No. KEP- | |
346/BL/2011 regarding Obligation to Submit Periodic | |
Financial Statement (Regulation X.K.2), in connection to PT | |
Telkom Indonesia (Persero) Tbk ("the Company")'s plan to | |
submit the Company's financial statement as of June 30, 2020 | |
(LKTT FY 2020), we would like to disclose these informations | |
as follows: |
1. Regulations X.K.2 require the Company to submit its LKTT FY 2020 at the end of the first month after the date of the Financial Statement;
2. Telkom as the only company listed on the Indonesia Stock Exchange (IDX) and the New York Stock Exchange (NYSE) is subject to the rules of domestic and foreign financial services authorities where the company is listed, especially for the internal control process of financial reporting (Internal Control over Financial
4. The impact of events
Reporting "ICoFR") and International Financial Reporting Standards "IFRS". Presentation of LKTT FY 2020, in terms of activities and processes of the implementation of the internal control system of the Company and its Subsidiaries (ICoFR), control over PSAK is carried out on a quarterly basis which requires coordination and physical presence of employees especially for the documentation preparation and presentation in accordance with financial accounting standards in Indonesia and International (IFRS), and also to provide the complete and correct collection of documentation of all information in the financial statements. The pandemic due to Covid-19 outbreak has caused the Company and Subsidiaries to implement health protocol by implementing work from home (WFH) mechanism for most employees until now to minimize the risk of Covid-19 transmission. This causes operational constraints related to the entire process of preparation and presentation of the Company's LKTT and Subsidiaries in accordance with financial accounting standards in Indonesia;
3. Based on these things, the Company estimates that the LKTT FY 2020 will be completed and we are ready to submit at the latest around August 7, 2020.
Submission of PT Telkom Indonesia (Persero) Tbk's First Half
Financial Reports will experience delay.
Thank you for your kind attention.
Best Regards,
ANDI SETIAWAN
VP Corporate Finance & Investor Relations
cc:
- Director of Corporate Financial Assessment of Services Sector, Financial Services Authority (OJK);
- Telkom's Trustee PT Bank Tabungan Negara (Persero); and
- Telkom's Trustee PT Bank Permata.
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PT Telekomunikasi Indonesia (Persero) Tbk published this content on 03 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2020 08:17:18 UTC