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PROCEDURES AND REQUIREMENTS TO TAKEOVER STOCK COMPANY BUSINESS LICENSE WOOD FOREST PRODUCT UTILIZATION IN NATURAL FORESTS AND

FOREST PLANTS OR THAT FORM OF LIMITED LIABILITY 1. Request a takeover or acquisition of shares, proposed by the Board of Directors IUPHHK company with copies to the Minister and Director General of the company / individual who will take over or acquire shares. Equipped with the following requirements: a. AGM Decisions IUPHHK shareholders companies. b. Letter from holders IUPHHK statement made before a Notary that contains the ability perform the duties that have not been fulfilled to the Ministry of Forestry. c. In the case of a takeover or acquisition of shares from a joint venture, the statement from the holder of the forest plantations IUPHHK made before a Notary added the statement afford repayment obligations of the Reforestation Fund in accordance the applicable credit agreement. d. In the case of a takeover or acquisition of shares from a joint venture to be purely private or changing the composition of the joint venture shares to the private 100% pure, then the statement from the holder of the forest plantations IUPHHK made in front of Notary Public willing to pay in full with the Reforestation Fund loans with the bank enclosing Bank guarantees issued by the Government, and can be liquidated after the acquisition request or the minister approved the acquisition of shares. Also be equipped with an affidavit from a limited liability company / individual who will take over or acquire stakes made before a Notary that contains: a. Copy of ID cards for individuals or deed of establishment and its amendment. b. Takeover or acquisition of these shares will not harmful IUPHHK limited liability holders, minority shareholders limited liability shareholders and employees IUPHHK limited liability IUPHHK holders. c. Takeover or acquisition of these shares will not result in a monopoly or monopsony in the various forms of harm society. d. Having a vision and mission for sustainable forest utilization. e. In the appointment of professional management company should. f. Able mentatati legislation in force. 2. Director-General to do research paper or a review of the application. 3. Director-General to continue the petition is accompanied by a recommendation to the Minister for approval or rejection.

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