POJK 42/2020 definition

POJK 42/2020 means OJK Regulation No. 42/POJK.04/2020 on Affiliated Transactions and Conflict of Interest Transactions, and its amendments from time to time.
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Examples of POJK 42/2020 in a sentence

  • The Board of Directors and Board of Commissioners of the Company hereby state that the Proposed Transaction is a Material Transaction and Affiliated Transaction and the Proposed Transaction does not contain any conflict of interest as referred to in POJK 42/2020.

  • The Fairness Opinion is prepared with the objective and purpose to provide an overview to the Company regarding the fairness of the Proposed Transaction to comply with POJK 42/2020 and POJK 32/2015.

  • Purpose of the provision of fairness opinion A report on fairness opinion is required to fulfill POJK 42/2020.

  • However, we state that the transaction providing the Collateral is not categorized as a conflict of interest transaction as regulated in POJK 42/2020.

  • Pursuant to article 4 point 1 of POJK 42/2020, this transaction is an Affiliated-Party Transaction, for which an appraiser must be employed to determine the fair value and/or the fairness of the object of the Affiliated-Party Transaction and an announcement must be made to the public.

  • To comply with the stipulation of POJK 42/2020, the Company’s Board of Directors is hereby publishing this Information Disclosure to convey such information to the Company’s shareholders.

  • This Transaction is categorized as an Affiliated-Party Transaction as defined by POJK 42/2020.

  • The Proposed Transaction has no Conflicts of Interest as referred to in the POJK 42/2020.

  • The purpose of this Fairness Opinion Report is to examine the fairness of the Proposed Transaction in accordance with POJK 42/2020 and POJK 17/2020.

  • Based on the POJK 42/2020, transaction between Telkomsel and Mitratel is not excludedfrom the obligation to release Disclosure of Information which means that it has to comply with the provision mentioned in the POJK 42/2020.

Related to POJK 42/2020

  • NI 51-102 means National Instrument 51-102 – Continuous Disclosure Obligations;

  • H1, H2 etc means First Highest, Second Highest Offers etc. in Disposal Tenders means

  • PTCE 95-60 As defined in Section 5.02(b). PUD: A planned unit development.

  • NP 46-201 means National Policy 46-201 – Escrow for Initial Public Offerings.

  • L1. L2 etc means First or second Lowest Offer etc."L1. L2 etc" means First or second Lowest Offer etc. "LC" means Letter of Credit"LC" means Letter of Credit

  • NI 81-102 means National Instrument 81-102 – Investment Funds.

  • NP 11-202 means National Policy 11-202 – Process for Prospectus Reviews in Multiple Jurisdictions;

  • NI 44-102 means National Instrument 44-102 – Shelf Distributions;

  • NI 51-101 means National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities;

  • Class A-2-B Interest Rate means LIBOR + 0.27% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360 day year); provided, however, that for any Interest Period for which the sum of LIBOR + 0.27% is less than 0.00%, the Class A-2-B Interest Rate shall be deemed to be 0.00%.

  • Law 11/2015 means Law 11/2015 of 18 June, on recovery and resolution of credit institutions and investment firms (Ley 11/2015, de 18 de junio, de recuperación y resolución de entidades de crédito y empresas de servicios de inversión) as amended or replaced from time to time.

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • NI 54-101 means National Instrument 54-101 – Communication with Beneficial Owners of Securities of a Reporting Issuer;

  • MI 11-102 means Multilateral Instrument 11-102 – Passport System;

  • NI 52-109 means National Instrument 52-109 – Certification of Disclosure in Issuers’ Annual and Interim Filings;

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

  • Multi-factor Authentication means controlling access to computers and other IT resources by requiring two or more pieces of evidence that the user is who they claim to be. These pieces of evidence consist of something the user knows, such as a password or PIN; something the user has such as a key card, smart card, or physical token; and something the user is, a biometric identifier such as a fingerprint, facial scan, or retinal scan. “PIN” means a personal identification number, a series of numbers which act as a password for a device. Since PINs are typically only four to six characters, PINs are usually used in conjunction with another factor of authentication, such as a fingerprint.

  • GAC10 means granular activated carbon filter beds with an empty-bed contact time of 10 minutes based on average daily flow and a carbon reactivation frequency of every 180 days, except that the reactivation frequency for GAC10 used as a best available technology for compliance with MCLs under subsection 9.2.1.2 shall be 120 days.

  • PPPFA means the Preferential Procurement Policy Framework Act, 2000.