ISDN HOLDINGS (01656) subsidiary PT TDS Technology voluntarily winding up.

ISDN HOLDINGS (01656) announced that its subsidiary PT TDS Technology, in which the company indirectly owns 67% equity, a company registered under Indonesian law, has voluntarily liquidated according to Indonesian law and completed the voluntary liquidation on December 24, 2024. To facilitate the liquidation, Maria Josepha Florencia Kelly S.H., M.Kn. has been appointed as the liquidator. The company anticipates that the voluntary liquidation of PT TDS Technology will not have a significant impact on the company's tangible net asset per share and earnings per share for the financial year ending December 31, 2024.