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SCHEDULE FOR DETERMINING PAYMENT OF CASH DIVIDEND OF LISTED COMPANY

On 12 March 2015, the Director of the Indonesian Stock Exchange (PT Bursa Efek Indonesia) ("ISE") issued Decree No. Kep-00023/BEI/03-2015 of 2015 on The Schedule for Determining Payment of a Cash Dividend ("Decree 23/2015").

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COURT ANNULS WATER SUPPLY CONTRACT

Private water operators PT PAM Lyonnaise Jaya (Palyja) and PT Aetra Air Jakarta (Aetra) have filed an appeal against the Central Jakarta District Court's recent ruling banning the privatization of water in the capital city.

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MANDATORY USE OF L/C FOR EXPORTING MINING AND ENERGY PRODUCTS

On 5 January 2015, the Minister of Trade issued Regulation No. 4/M-DAG/PER/1/2015 of 2015 on Provisions to Use a Letter of Credit for Exporting Certain Commodities ("MOT Regulation 4").

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CONSTITUTIONAL COURT DECLARES THE WATER RESOURCES LAW NULL AND VOID

On 18 February 2015, the Constitutional Court handed down its ruling No. 85/PUU-XI/2013, declaring Law No. 7 of 2004 on Water Resources ("Water Resources Law") null and void.

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BKPM REPORTS - A REMINDER

The Investment Coordinating Board (BKPM) recently revoked 6,541 in-principle investment permits for foreign investors issued between 2007 and 2012.

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