Since 1985, the Company has engaged a technical and management assistance agreement with Tennex Corporation, Japan (Tennex) regarding the production of certain filter products in Indonesia.
Since 1994, the Company has established a technical and management assistance agreement with Tokyo Radiator Mfg. Co. Ltd., Japan (Tokyo Radiator) regarding the production of certain radiators and fuel tank products in Indonesia.
On December 9, 2008, the Company has established a technical assistance agreement with Tokyo Radiator Mfg. Co. Ltd., Japan (Tokyo Radiator) regarding the production of aluminum radiator and intercooler products in Indonesia.
On November 22, 2011, the Company has established a Master Supplier Agreement, Technical Assistance Agreement, Consignment Production Agreement with Tokyo Roki Co. Ltd., Japan regarding the production, assembling and sales of certain filter products in Indonesia.
In 1994, the Company signed a technical assistance agreement with Usui Kokusai Sangyo Kaisha, Ltd., Japan (Usui) covering the production of brake pipes, as well as the commitment to purchase exclusively from Usui, the steel tubes, which are the main component for the production of brake pipes.
Since 1984, PT Panata Jaya Mandiri (PJM), one of the Subsidiaries, has a technical assistance and license agreement with Donaldson Company Inc., USA (Donaldson) regarding the production, assembling and sales of certain filter products in Indonesia.
The aforementioned agreement is valid for 5 (five) years. Furthermore, on June 30, 2000, PJM also entered into a “Supply Contract” agreement with Donaldson, under which PJM agreed to manufacture specific products ordered by Donaldson at an agreed price. Additionally, PJM agreed that it will not directly or indirectly sell the licensed products to anyone outside of Indonesia other than to Donaldson. The contract shall remain in full force and effective for the same period covered by the aforementioned technical assistance and license agreement.
On August 22,2013, the Company has established a Technical Assistance Agreement with Sueyoshi Kogyo Co.Ltd., Japan regarding the production Fuel Tank and Hydraulic Tank products for target market Construction Machinery products in Indonesia.