Press release

Ortus Announces Joint Venture with SMRT for PT Jakarta Monorail’s ‘JET’

Singapore, August 5, 2013 – Ortus Holdings Limited (“Ortus”), announces a joint
venture between Ortus Infrastructure Capital Ltd. and SMRT International Pte. Ltd., a
wholly-owned subsidiary of Singapore Stock Exchange (“SGX”)-listed SMRT
Corporation Ltd. (“SMRT”). The joint venture will see SMRT International subscribing
for new shares comprising 40 percent of the total enlarged issued share capital of
Ortus Infrastructure Capital Pte. Ltd., a Singapore company which holds a 55-percent
shareholding in PT Jakarta Monorail.

The joint venture provides PT Jakarta Monorail with a shareholder and partner with
experience in mass transit system operations to assist in the strategic planning and
construction of the Jakarta Eco Transport Monorail. Referred to as the “JET,” the
name for the monorail was selected by the citizens of Jakarta in the citywide naming
competition.

SMRT will provide a technical team to assist PT Jakarta Monorail in several major
components for the implementation of the monorail project, including a feasibility
study of the proposed monorail route and aiding in the design of the project. SMRT
will also advise PT Jakarta Monorail on additional commercial aspects of the
monorail project, including non-farebox revenues associated with the project such as
real estate and media.

Ortus Director of Business Development, Mr. Banyu Biru Djarot, said, “Ortus is proud
to announce this strategic partnership with SMRT, one of the best companies in the
world for public transport operations. We look forward to working together with SMRT
to realize our vision in making the JET a reality and providing the citizens of Jakarta
with a reliable and affordable public transportation system. Together, we can make
the JET an iconic symbol for our city.”

SMRT’s Vice President of Business Development, Mr. Goh Eng Kiat, said, “The JET
Monorail project not only represents one of the most important infrastructure projects
in Jakarta, but in all of Indonesia. We are honored to be lending our expertise and
working closely with PT Jakarta Monorail on this project.”

The signing took place at SMRT’s Headquarters between Ortus Infrastructure Capital
Director, Mr. John Aryananda, and SMRT Vice President of Business Development,
Mr. Goh Eng Kiat, in the presence of Ortus Founder and Chairman, Mr. Edward S.
Soeryadjaya, and SMRT President and Chief Executive Officer, Mr. Desmond Kuek.

For more information, please visit: www.jakartamonorail.com

- End -


About Ortus Holdings:
Ortus Holdings Limited is a Singapore-based asset management and investment
company with a focus on the Indonesian market. The company is strategically
investing throughout Indonesia, primarily in the energy and infrastructure sectors.

Ortus has active investments in oil and gas assets in Indonesia, as well as
investments in the infrastructure and property sectors in Jakarta.

The company’s vision is to create a better Indonesia through strategic and
responsible investments with the goal of creating value and sustaining growth.

For more information, please visit: www.ortusholdings.com.


Issued by Archipelago Communications on behalf of Ortus Holdings Limited.
For media inquiries, please contact:

James Allan
Archipelago Marketing & Communications
(+65) 9776 8064
james.allan@archipelagocommunications.com

Topics

  • Media, Communication

Categories

  • desmond kuek
  • smrt
  • smrt investment
  • goh eng kiat
  • smrt management

SMRT Corporation Ltd (SMRT) is Singapore’s premier multi-modal public transport operator. SMRT serves millions of passengers daily by offering a safe, reliable and comprehensive transport network that consists of an extensive MRT and light rail system which connects seamlessly with its island-wide bus and taxi operations. SMRT also markets and leases the commercial and media spaces within its transport network, and offers engineering consultancy and project management as well as operations and maintenance services, locally and internationally.

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