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20231006_BEEF_Ringkasan Risalah//Risalah RUPS_31436004_lamp1.pdf

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Page 1
                                            SUMMARY OF MEETINGS

          EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS PT ESTIKA TATA TIARA Tbk

    I.         PT Estika Tata Tiara Tbk., ("the Company") hereby notifies the Shareholders of the Company, that the
               Company has held an Extraordinary General Meeting of Shareholders (EGMS) which is held physically and
               electronically using the Easy.KSEI system provided by PT Kustodian Indonesian Central Securities
               Depository (“KSEI”), with details as follows:

               Day / Date           : Thursday, 5th October 2023
               Time                 : 10.00.00 WIB - 11.00.00 WIB
               Venue                : Equity Tower, LG Floor (Main Hall Equity)
                                      Lot 9, SCBD – Jl. Jend. Sudirman Kav 52 – 53
                                      Jakarta 12190
               Mechanism            : Organized physically and electronically by the Company with
                                       using the eASY.KSEI system provided by KSEI.

    II.        Extraordinary General Meeting of Shareholders Agenda
                   The second item on the agenda is for the extraordinary shareholders' meeting.
                   1. Appointing and confirming the Company Director and approving the Company Director's
                        resignation;
                   2. Approval for the courteous removal of Board of Commissioners members of the company;
                   3. Approval of the company's address change.

    III.     Members of the Company's Board of Directors who were present at the Meeting:

            President Director                                 Ir. Imam Subowo, MMA

-          Member of the Company’s Board of Commissioners who were present at the Meeting:

            President of Commissioner                          Ir Irdam Ramli
            Commissioner                                       Benedictus Setio Pramono
            Independent of Commissioner                        H. Janmat Sembiring, SE

    IV.        The Lead of Meeting:
               The meeting was chaired by Mr. Irdam Ramli, as the President of the Commissioner.

    V.         Attendance of Shareholders at the Extraordinary General Meeting of Shareholders:
               The meeting was attended by shareholders and their proxies representing 6.647.825.101 shares or
               94.,55% of the 7.031.371.419 shares which were all shares with valid voting rights issued by the
               Company.

    VI.        Submission of Questions and/or Opinions at the Extraordinary General Meeting of Shareholders:
               Shareholders and their proxies were given the opportunity to raise questions and/or opinions at the
               Meeting, but no shareholders and their proxies raised questions and/or opinions.

    VII.       Decision-Making Mechanism at the General Meeting of Common Shareholders:
Page 2
           Meeting resolutions are made by way of voting, because there are several Shareholders who give power
           of attorney to (a) only attend the Meeting but not to vote (abstain) and (b) attend the Meeting and vote
           against;
              a. Voting is carried out verbally by raising hands by the Shareholders or their proxies who do not
                   agree, then followed by the Shareholders or their proxies who cast blank votes (abstain);
              b. Based on the provisions of the Company's Articles of Association and Article 47 of OJK Regulation
                   No. 15, valid voting rights who are present at the Meeting but do not cast a vote or abstain, are
                   deemed to have cast the same vote as the majority of the Shareholders who did.
              c. Based on the Financial Services Authority Regulation Number 16/POJK.04/2020 dated 20 April
                   2020 concerning the Implementation of Electronic General Meetings of Shareholders of Public
                   Companies. This meeting was held physically and electronically using the electronic facility of the
                   general meeting of shareholders provided by the Indonesian Central Securities Depository,
                   namely eASY.KSEI (regarding the granting of power of attorney through e-Proxy and also the
                   exercise of voting rights through e-Voting).

VIII.      Voting Results of the Extraordinary General Meeting of Shareholders:

The results of decision-making carried out by voting and meeting resolutions are as follows:


1.      First Agenda

                  Agree                    Disagree                 Abstain                   Total Agree
                                                                                      (Majority Voter + Abstain)
         6.647.825.101      voter/   0 voter/ 0%              0 voter/ 0%             6.647.825.101 voter/100%
         100%


     Resolution of meetings:
      1.      Approved the resignation of Mr. Edhy Rizwan, SE, QIA who served as Director of the Company and
              granted full repayment and release (acquit et de charge) for management actions carried out by
              Mr. Edhy Rizwan, SE, QIA since his appointment as Director of the Company until the Meeting's
              conclusion this, as long as the actions are reflected in the Company's Annual Report and supporting
              documents.
              Appoint Ms. Zuraida as the new Director of the Company for the remainder of the terms of the
              current members of the Board of Directors and Board of Commissioners, without affecting the right
              of the General Meeting of Shareholders to remove her at any time.

               As a result, from the time the Meeting was closed until the end of The Company's Directors' terms
               of office, the composition of the company's directors were as follows:

              Board of Directors
              President director is Mr. Ir. Imam Subowo
              Director: Mrs. Zuraida B.Sc



  2. Second Agenda

                                                                                              Total Agree
                  Agree                    Disagree                 Abstain
                                                                                       (Majority Voter+ Abstain)
         6.647.825.101      voter/   0 voter/ 0%              0 voter/ 0%             6.647.825.101 voter/100%
         100%
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          Resolution of meetings:
              1. The respectful dismissal of Mr. Juan Permata Adoe, Mr. Benedictus Setio Pramono, and Mrs. Juanita
                   Gracianti Adoe from their respective positions as Commissioners of the Company with effect from
                   the conclusion of this Meeting and the granting of full release and discharge (acquit et de charge)
                   for supervisory actions that have been carried out while holding the relevant position, provided that
                   these actions are reflected in the Company's Annual Report and supporting documents, were
                   approved.


                   As a result, from the time the Meeting was closed until the end of The Company's Commissioner’s'
                   terms of office, the composition of the Company's Commissioners was as follows:

                Board of Commissioners
                President of the Commissioner is Mr. Ir. Irdam Ramli
                Independent of Commissioner Mr. H Janmat Sembiring

     -         Approved to grant power of attorney with the right of substitution to the Company's Directors to carry
               out all actions in connection with the decisions on the First agenda, Second agenda, and Third agenda
               of the Meeting as mentioned above, including but not limited to making, signing, and submitting all
               documents, as well as stating them in a separate deed before a Notary, and then notify the changes in
               the composition of the Company's management and supervisors to the Company.

         3. Third Agenda

                                                                                                Total Agree
                      Agree                    Disagree                Abstain
                                                                                         (Majority Voter+ Abstain)
            6.647.825.101       voter/   0 voter/ 0%             0 voter/ 0%            6.647.825.101 voter/100%
            100%

          Resolution of meetings:
          Approved the company's request to move its address from Kadin Tower Floor 26.B-C, Jalan Hajjah Rangkayo
          Rasuna Said to:

          Equity Tower Floor 22 Unit A, SCBD Lot 9, Jalan Jenderal Sudirman Kav. 52–53, Rukun Tetangga 005, Rukun
          Warga 003, Senayan Village, Kebayoran Baru District, South Jakarta 12190

This is the Summary of the Minutes of the Extraordinary General Meeting of Shareholders of PT ESTIKA TATA TIARA
Tbk.
                                             Jakarta, 5th October 2023
                                            PT ESTIKA TATA TIARA Tbk
                                                 Board of Directors

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