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20230921_SBAT_Pemanggilan RUPS_31412052_lamp1.pdf

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Page 1
                                                               CONVOCATION OF
                                           SECOND EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
                                             PT SEJAHTERA BINTANG ABADI TEXTILE Tbk ("the Company")

In connection with the failure to achieve a quorum in the Extraordinary General Meeting of Shareholders which was held on Thursday, September 15, 2023 (“First
Meeting”) as required in the Company's Articles of Association and OJK Regulations, based on OJK Regulation No.15/POJK.04 /2020, the Board of Directors of the
Company invites the Shareholders of the Company to attend the Second Extraordinary General Meeting of Shareholders (“Second Meeting”) which will be held on:

Day/ Date                        : Thursday, October 5, 2023
At                               : 10.00 Am – finish
Venue                            : Axa Tower, 42 Floor, Jl. Prof. Dr. Satrio, Kav.18
                                   Karet Kuningan, Setiabudi, Jakarta Selatan-12940

The Agenda of the Second Meetings is:


 1.   Approval of changes to the composition of the Company's Board of Directors
      Explanation :
      It is an agenda held at the request of the shareholders of the company

 2.   Approval of changes to the composition of the Company's Board of Commissioners
      Explanation :
      It is an agenda held at the request of the shareholders of the company

Notes:

 1.   In connection with the convening of the Second Meeting, the Company did not send a separate invitation to each of the Company's Shareholders, so this Call
      Advertisement is an official invitation for all of the Company's Shareholders. This summons can also be seen on the https://sbatextile.com/id/investor-
      relations/keterbukaan-perusahaan/ ("Company Website") page, the application for holding an EGMS electronically or eASY.KSEI provided by PT Kustodian
      Sentral Efek Indonesia ("KSEI ") Which can be accessed through the KSEI website in the link https://akses.ksei.co.id (" eASY.KSEI "), and the website page
      of the Indonesia Stock Exchange (" BEI ");
 2.    The second meeting will be held with reference to the Financial Services Authority Regulation ("OJK") No.15 / POJK.04 / 2020 concerning the Plans and
       Organizing of a Public Company Shareholders General Meeting ("POJK 15/2020"), OJK Regulation No. 16 / POJK.04 / 2020 concerning the Conducting of
       a General Meeting of Shareholders of an Electronic Public Company ("POJK 16/2020") and OJK Letter No. S-124 / D.04 / 2020 dated 24 April 2020 concerning
       Certain Conditions in the Conducting of a General Meeting of Shareholders of an Electronic Public Company ("SE-OJK 124/2020");
 3.    Those entitled to attend or be represented at the Meeting are:
         a) for the Company's shares which are not in collective custody, only the Shareholders whose names are legally registered in the Register of Shareholders
               of the Company on September 20, 2023 at the latest up to 16.00 WIB at PT Ficomindo Buana Registra, Securities Administration Bureau ( BAE)
               Company domiciled in Jakarta and having its address at Jl. Kyai Caringin, No.2A, RT11 RW4, Kel.Cideng, Kec. Gambir, Jakarta Pusat-10150;
         b) for shares held in collective custody at KSEI or at the Custodian Bank ("BK") or at a Securities Company ("PE"), only Shareholders whose names are
               recorded in the Register of Account Holders at KSEI or BK or PE on the date of September 20, 2023 at the latest until 16.00 WIB.
 4.    For Shareholders whose shares are in collective custody who intend to attend the Meeting, are required to register through a stock exchange member or
       custodian bank securities account holder at KSEI to obtain Written Confirmation for the Meeting ("KTUR");
 5.    Shareholders or their authorized attorneys who will attend the Meeting are kindly requested to bring and submit a photocopy of the Collective Share Certificate
       and a photocopy of the National Identity Card ("KTP") or other valid personal identification to the Registrar before entering the Meeting room. Specifically for
       Shareholders in collective custody are required to bring KTUR and show it to the BAE officer before entering the Meeting room;
 6.    Shareholders who cannot attend the Meeting can be represented by their legal proxies by bringing the original legal power of attorney with the contents and
       forms as determined by the Company's Directors and by attaching a photocopy of their KTP or other valid identification from the Company's Shareholders as
       the authorization and attorney;
 7.    For Shareholders in the form of legal entities such as limited liability companies, cooperatives, foundations or pension funds are required to bring a photocopy
       of the latest and complete articles of association and ratification of the deed of establishment and approval of the latest amendment to the statutes of the
       Republic of the Republic of Law and Human Rights Indonesia follows the latest management composition;
 8.    In connection with points 6 and 7 above, based on (i) Government Regulation No. 21 of 2020 concerning Large-Scale Social Restrictions in Order to Accelerate
       Handling of Corona Virus Disease 2019 (COVID-19); (ii) Minister of Health Regulation No. 9 of 2020 concerning Large-Scale Social Limitation Guidelines in
       the framework of Accelerating Handling of Corona Virus Disease 2019; (iii) Governor Regulation of the Special Capital Region of Jakarta No. 33 of 2020
       concerning Implementation of Large-Scale Social Restrictions in Handling Corona Virus Disease 2019 (COVID-19) in DKI Jakarta Province, and (iv) SE-OJK
       124/2020, the Meeting will be held with the following conditions:
Page 2
        a)      Refer to POJK No. 16/2020, the Company limits the number of Shareholders or authorized Shareholders' attorney who will be physically present and
                can enter the Meeting room, which is a maximum of 5 (five) people based on the order of the attendance list of Shareholders or their legal attorney
                (first come first served) with due regard to the protocol implemented by the building manager in force at the Meeting location;
         b) In connection with this matter, the Company recommends all Scripless Shareholders whose shares are in KSEI collective custody and intend to attend
                the Meeting:
                   i. In order to authorize the presence of an authorized attorney electronically or e-proxy, through eASY.KSEI;
                  ii. Considering there are restrictions on the number of Shareholders or the power of Shareholders who are physically present and can enter the
                        Meeting room, the Company has appointed BAE (PT Ficomindo Buana Registrar) as an independent party to become a legitimate recipient of
                        power of attorney that can be elected by Shareholders through eASY.KSEI ;
                 iii. Power of Attorney based on e-Proxy is delivered through eASY.KSEI at the latest on 4 October 2023 at 12.00 WIB.
         c) For Shareholders whose shares are not in collective custody, the Company provides a power of attorney form that can be downloaded through the
                Company's Website ("Power of Attorney"). Considering there are restrictions on the number of Shareholders or the authorized power of Shareholders
                who are physically present and can enter the Meeting room, the Company recommends that Shareholders be able to give their power to the Registrar
                as an independent party appointed by the Company to be the proxy. Original Power of Attorney that has been completed and signed by the
                Shareholders together with supporting documents must be submitted to the Registrar no later than 4 October 2023 at 12.00 WIB;
         d) For Shareholders or authorized Shareholder's attorney who is physically present and can enter the Meeting room, must follow and comply with the
                provisions of the COVID-19 preventive health protocol guidelines and fill out the Health Declaration Form provided at the time of registration before
                entering the Meeting room;
         e) If at any time there is a change in Government policy or the competent authority causing the Meeting to be canceled or postponed then this matter is
                entirely outside the Company's authority and authority. If this happens, the meeting will be arranged later in accordance with applicable regulations.
 9.    Members of the Board of Directors, members of the Board of Commissioners and employees of the Company may act as the power of attorney of the
       Shareholders at the Meeting, but the votes that they issue as the power of attorney at the Meeting are not counted in the vote;
 10.   Materials of the Meeting including the Annual Report for the fiscal year ending December 31, 2020 can be downloaded directly on the Company's Website
       from the date of this summons;
 11.   The Company does not provide food / drinks / gratitude / gifts / souvenirs for shareholders at the Meeting;
 12.   The rules of conduct of the Meeting can be accessed through the Company's Website. With the submission of the Code, Shareholders or Shareholders'
       attorneys are deemed to have understood and will obey during the Meeting;
 13.   To ensure the smooth and orderly conduct of the Meeting, Shareholders or their legal proxies are kindly requested to be present at the meeting place 30
       (thirty) minutes before the Meeting begins.

This is so that the Shareholders understand.

                                                                  Jakarta, September 21, 2023
                                                             PT Sejahtera Bintang Abadi Textile Tbk
                                                                           Directors

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