DI Regarding Deed of Sale and Purchase of Shares in PT Griya Pancaloka

March 27, 2019

The signing of documents by the Company as follows:
(i) Deed of Sale and Purchase of shares in PT Griya Pancaloka ("GPL") between Tuscan Palace Limited ("Tuscan") (as a buyer), St. Gallen Hotels Limited ("St. Gallen"), Santa Lucia Limited ("Santa Lucia") (together with St. Gallen both as members of the buyer group) and the Company (as a seller) ("Deed of Sale and Purchase");
(ii) Other agreements relating to the implementation of CSPA of shares in GPL (Conditional Sale and Purchase Agreement of GPL or "CSPA") dated 6th March 2019 ("Transaction Documents").

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