Corporate Conditions Precedent
| Document Owner | PT Sapta Borneo Utama |
|---|---|
| Approved By | President Director |
| Classification | Controlled Document – Confidential |
| Custodian | Corporate Secretary & Data Room Administrator |
| Retention Period | Minimum 10 Years |
| Distribution | Authorized Parties Only |
| Effective Date | 13 June 2026 |
| Review Date | 13 June 2027 |
| Requirement | Status |
| Corporate Registration Documents | Completed |
| Articles of Association | Completed |
| Board Resolution | Completed |
| Shareholder Resolution | Completed |
| Authorized Signatory Evidence | Completed |
| Document Status | Approved & Active |
| Supersedes | None |
| Publication Status | Institutional Data Room Release |
Project Conditions Precedent
| Requirement | Status |
|---|---|
| Feasibility Study | Completed |
| EPC Contract | Completed |
| Technical Design Basis | Completed |
| Independent Engineer Review | Completed |
| Construction Schedule | Completed |
Finance Conditions Precedent
| Requirement | Status |
|---|---|
| Financial Model | Completed |
| Sources & Uses Statement | Completed |
| Risk Allocation Matrix | Completed |
| Cash Waterfall Structure | Completed |
| DSRA Framework | Completed |
Legal Conditions Precedent
| Requirement | Status |
|---|---|
| Legal Due Diligence | Completed |
| Security Documents | Completed |
| Permit Matrix | Completed |
| Land Control Review | Completed |
| Corporate Authorities Register | Completed |
Outstanding Closing Deliverables
- Execution of definitive financing agreements.
- Appointment of facility agent and security agent.
- Account bank implementation.
- Insurance binding confirmation.
- Final lender approval and notice of effectiveness.
Document Information
| Controlled Copy | Electronic Controlled Copy |
|---|---|
| Custodian | Corporate Secretary & Data Room Administrator |
| Retention Period | Minimum 10 Years |
| Distribution | Authorized Parties Only |
| Document Owner | PT Sapta Borneo Utama |
| Document Title | Conditions Precedent Register |
| Document No. | SBU-LEND-003 |
| Document Classification | Confidential |
| Status | Final / Published |
| Prepared For | Lenders, ECAs, Institutional Investors and Strategic Partners |
| Date | June 2026 |
Revision History
| Version | Date | Document No. | Status | Description |
|---|---|---|---|---|
| 1.0 | June 2026 | SBU-LEND-003 | Final / Published | Conditions Precedent Register issued for institutional lender data room publication. |
Document Approval Matrix
| Role | Name | Status |
|---|---|---|
| Document Owner | Project Finance Division | Approved |
| Compliance Review | Corporate Secretariat | Approved |
| Executive Approval | Board of Directors | Approved |