Jakarta, June 26, 2020 – Named as one of the suspects in the corruption case of PT Asuransi Jiwasraya (Persero) (“Jiwasraya”) , MNC Asset Management (“MAM”) confirmed that the mutual fund product owned by Jiwasraya is a single investor and only one product from 36 mutual fund products managed by MAM.

Jakarta, June 25, 2020 - After the report of the announcement of 13 corporate suspects over alleged corruption cases of PT Asuransi Jiwasraya (Persero) ("Jiwasraya") circulating in the media, MNC Asset Management ("MAM") confirmed that MAM would follow the applicable legal process and is committed to help the Attorney General’s Office (“AGO”) to resolve the case.  The following are clarifications from MAM’s management:

Jakarta, 26 Mei 2020 - Sejak pemerintah mengeluarkan aturan pembatasan sosial berskala besar (PSBB) di beberapa wilayah yang masuk dalam kategori zona merah. Seluruh kegiatan pendidikan beralih dari tatap muka menjadi via daring. Baik pendidikan tingkat dasar sampai tingkat perguruan tinggi, semuanya menerapkan kebijakan belajar dari rumah.

Jakarta, 16 March 2020 - Executive Chairman of MNC Group Hary Tanoesoedibjo (HT) attended the national coordination meeting (rakornas) of PT MNC Asset Management in 2020. On that occasion, HT advised the company to continue to improve performance. The 2020 National Coordination Meeting carries the theme “Dream Big, Work Hard, Make It Happen!”. All MNC Asset Management employees attended the National Coordination Meeting.

Jakarta, 24 February 2020 - One of the competitive advantages of mutual fund investment compared to other types of investment is the non-taxable return of mutual funds. This is stated in Law No. 36 of 2008 concerning income tax article 4 paragraph 3 letter i which states that: "What is excluded from the tax object is the portion of profits received or obtained by members of a limited partnership company whose capital is not divided into shares, partnerships, associations, firms, and kongsi, including unit holders of collective investment contracts.