Garibaldi Thohir made an offer to acquire 50.77% in PT Trimegah Sekuritas Indonesia Tbk (IDX:TRIM) for approximately IDR 790 billion on March 29, 2022. Payments to shareholders who participate in the Mandatory Tender Offer and have completed all required documents in accordance with the requirements described in the Disclosure of Information, will be made on May 9, 2022. The source of funds that will be used for transaction settlement comes from Thohir's internal funds. Garibaldi Thohir already held 34.64% stake in PT Trimegah Sekuritas Indonesia Tbk (IDX:TRIM) from a transaction completed on March 2, 2022. The Mandatory Tender Offer period is 30 Days starting at 09.00 WIB on March 30 2022 and closes at 16.00 WIB on April 28, 2022. The sale and purchase of shares in connection with the Mandatory Tender Offer will be carried out through the Crossing mechanism on the IDX and payment will be made in accordance with the applicable KSEI regulations. Thohir obtained approval from the Financial Services Authority in relation to the Mandatory Tender Offer. Thohir appointed Hendra Soenardi as Legal Consultant in the Mandatory Tender Offer.

Garibaldi Thohir cancelled the acquisition of 50.77% in PT Trimegah Sekuritas Indonesia Tbk (IDX:TRIM) on May 9, 2022.