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  1. 1. Chronology • On April 25, 2008, Eka Tjipta Widjaja made testament with Winanto Wiryomartani, S.H., M.Hum as notary, in West Jakarta. Eka Tjipta is the founder of Sinarmas. The company has been engaged in various business sectors, from property, pulp and paper, plantation, processing industry, to finance. • On January 26, 2019, Eka Tjipta Widjaja passed away at the age of 98. Until the end of his life, Eka Tjipta Widjaja was known to have four wives and 28 children based on his testament.
  2. 2. • The total value of the inheritance distributed is IDR 76 billion for 34 recipients. It is stated that Freddy Widjaja received Rp. 1 billion and also some of Eka Tjipta Widjaja's children who received Rp. 2 billion and Rp. 1 billion. If there is any remaining money, it will be handed over to Teguh Ganda Widjaja, Indra Widjaja, Muktar Widjaja, Djafar Widjaja and Franky Oesman Widjaja. Eka Tjipta Widjaja appointed Indra Widjaja and Elly Romsiah as executors of testament.
  3. 3. • In February 2019, Indra Widjaja summoned all of Eka Tjipta's children to share inheritance. After the meeting, Freddy knew that He only received Rp. 1 billion. Meanwhile, 15 other people received Rp. 2 billion. • In January 2020, Freddy submitted the legalization of his status for children outside of marriage to the Supreme Court. According to his letter of approval, Freddy was listed as the son of Eka and Lidia, who were known to have married on October 3, 1967, using traditional or Buddhist religion in Jakarta. However, the marriage was reportedly not registered with the Civil Registry. • The Supreme Court granted Freddy's request and confirmed Freddy's status as a child of the marriage between Mrs. Lidia Herawati Rusli and Mr. Eka Tjipta Widjaja in accordance with his birth certificate No. 2731 / DP / 1968.
  4. 4. • On June 16, 2020, Freddy Widjaja filed a lawsuit against his half brothers at the Central Jakarta District Court with case number 301 / Pdt.G / 2020 / PN Jkt.Pst. He demanded the right to share in half the legacy of the late Eka Tjipta. The five heirs to be sued are Indra Widjaja, Teguh Ganda Widjaja, Muktar Widjaja, Djafar Wijaja and Franky Oesman Widjaja. • In the petitum, Freddy asked the panel of judges to punish the defendant by dividing the inheritance of each half according to civil law. He also asked the judges to determine the guarantee confiscation (conservatoir Beslaag) of the inheritance is valid and valuable, and asked the defendant to pay the costs incurred in this case.
  5. 5. The inheritance property being sued is the company's assets valued at Rp. 672.61 trillion, including: • PT Sinar Mas Agro Resources and Technology Tbk (SMAR) • PT Sinar Mas Multi Artha Tbk (SMMA) • Sinar Mas Land • PT Bank Sinar Mas Tbk (BSIM) • PT Indah Kiat Pulp & Paper Tbk (INTP) • PT Pabrik Kertas Tjiwi Kimia Tbk (TKIM) • PT Lontar Papyrus Pulp & Paper Industry • PT Bank China Construction Bank Indonesia Tbk (MCOR) • Asia Food and Properties Limited • China Renewable Energy Investment Limited • PT Golden Energy Mines Tbk (GEMS) • Paper Excellence BV Netherlands
  6. 6. • On June 29, 2020, the first trial of the lawsuit was held. However, the parties were not present. • On July 13, 2020, a second trial was held. • In August 2020, the Panel of Judges at the Central Jakarta District Court granted the withdrawal of the dispute over the inheritance rights of Sinar Mas founder Freddy Widjaja. Therefore, case Number 301 / Pdt.G / 2020 / PN Jkt.Pst is no longer registered with the Central Jakarta District Court.

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