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20260805_LPKR_Pengumuman RUPS_32118056_lamp3.pdf
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DISCLOSURE OF INFORMATION TO SHAREHOLDERS
PT LIPPO KARAWACI TBK (“COMPANY”)
IN CONNECTION WITH THE COMPANY’S PLAN TO CARRY OUT A CAPITAL REDUCTION BY
WAY OF WITHDRAWAL OF THE COMPANY’S SHARES
THE INFORMATION SET OUT IN THIS DISCLOSURE OF INFORMATION IS IMPORTANT AND
MUST BE READ AND CONSIDERED CAREFULLY BY THE SHAREHOLDERS OF THE COMPANY.
THIS DISCLOSURE OF INFORMATION IS PREPARED IN ORDER TO COMPLY WITH LAW
NUMBER 40 OF 2007 ON LIMITED LIABILITY COMPANIES (“Company Law”).
THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS (“EGMS”) TO APPROVE THE
COMPANY’S CAPITAL REDUCTION PLAN WILL BE HELD IN JAKARTA ON 11 SEPTEMBER 2026.
IF YOU HAVE DIFFICULTY UNDERSTANDING THE INFORMATION SET OUT IN THIS
DISCLOSURE OF INFORMATION OR ARE IN DOUBT AS TO ANY DECISION TO BE TAKEN, YOU
SHOULD CONSULT A SECURITIES BROKER, INVESTMENT MANAGER, LEGAL ADVISOR,
PUBLIC ACCOUNTANT, OR OTHER PROFESSIONAL ADVISOR.
PT Lippo Karawaci Tbk
Line of Business:
Carrying on real estate business, whether self-owned or leased; carrying on business activities in the provision of accommodation
and food and beverage services, including but not limited to five-star hotels, four-star hotels, and restaurants; carrying on business
activities in the field of professional, scientific, and technical activities including other management consulting activities, the field of
financial activities, the field of entertainment and recreation, the field of transportation, namely on-street parking activities and off-
street parking activities
Domiciled in Tangerang, Indonesia
Office:
Menara Matahari Lt. 22, Jl. Boulevard Palem Raya No. 7
Lippo Karawaci Central, Tangerang
Banten, Indonesia 15810
Phone: +62 21 2566 9000
Fax: +62 21 2566 9098
email: corsec@lippokarawaci.co.id
website: www.lippokarawaci.co.id
This Disclosure of Information is published on 5 August 2026
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INTRODUCTION
PT Lippo Karawaci Tbk (“Company”) has carried out a share buyback program pursuant to the
regulations of the Financial Services Authority (“OJK”) and Law No. 40 of 2007 on Limited Liability
Companies (“Company Law”). The shares that have been bought back are hereinafter referred to as
“Treasury Shares”.
This Disclosure of Information has been prepared for the benefit of the Shareholders of the Company
so that they obtain clear information and an understanding of the capital reduction plan to be carried
out through the withdrawal of treasury shares by the Company so that the Shareholders of the Company
can make an appropriate decision.
INFORMATION REGARDING THE COMPANY’S CAPITAL REDUCTION PLAN THROUGH THE
WITHDRAWAL OF THE COMPANY’S SHARES
During the period from 2020 to 2023, the Company had a remaining balance of treasury shares
amounting to 20.700.600 shares. Referring to the provisions in effect at the time the above transactions
took place, namely OJK Regulation No. 30/POJK.04/2017 on the Repurchase of Shares of Public
Companies (“OJK Regulation No. 30/2017”). Due to the market price conditions not meeting the
requirements under Article 18 letter (d) point (1) of OJK Regulation No. 30/2017 regarding the minimum
transfer price, which may not be lower than the average buyback price and the daily closing trading
price on the Stock Exchange 1 (one) day prior to the sale, or the average daily trading price on the
Stock Exchange over the 90 (ninety) days prior to the sale (whichever is higher), the transfer of the
treasury shares referred to above had not been carried out as of the date this Disclosure of Information
was published.
Furthermore, referring to the provisions of Article 47 paragraphs 1 and 2 of the Company Law, it is
stated that a reduction of issued and paid-up capital may be carried out, among others, by way of
withdrawal of shares that have been repurchased by the Company.
The Company intends to carry out a reduction of issued and paid-up capital by withdrawing 20.700.600
Treasury Shares. Accordingly, the pro forma capital structure of the Company before and after the
capital reduction to be submitted for approval at EGMS is as follows:
Description Rupiah Number of Shares
Authorized Capital Rp9.200.000.000.000 92.000.000.000
Issued and Paid-up Capital Rp7.089.801.836.900 70.898.018.369
(Before capital reduction)
Issued and Paid-up Capital Rp7.087.731.776.900 70.877.317.769
(After capital reduction)
EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS (EGMS)
The plan to transfer the treasury shares by way of the Company’s capital reduction will amend Article 4
paragraph (2) of the Company’s Articles of Association.
For that purpose, as set out in this Disclosure of Information, the Company intends to obtain approval
from the Shareholders of the Company at the EGMS to be held on Friday, 11 September 2026, with the
following EGMS schedule:
Description Date
Notice of EGMS 28 July 2026
Announcement of EGMS (accompanied by Disclosure of 5 August 2026
Information)
List of Shareholders (Recording Date) 19 August 2026
Invitation of EGMS 20 August 2026
Holding of EGMS 11 September 2026
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Announcement of Capital Reduction 18 September 2026
Announcement to Creditors 18 September – 18 November 2026
Approval of Articles of Association Amendment from the 19 – 24 November 2026
Ministry of Law
The quorum requirements for attendance and decision-making at the EGMS under the Company’s
Articles of Association for approving the Capital Reduction Plan require attendance by at least 2/3 of
the total number of shares with valid voting rights issued by the Company, and the resolution of the
EGMS must be approved by more than 2/3 of the total shares with voting rights present at the EGMS.
ADDITIONAL INFORMATION
Should the Shareholders of the Company require further information regarding the Company’s planned
transaction, please contact:
PT LIPPO KARAWACI TBK
Corporate Secretary
Menara Matahari Lt.22, Jl. Boulevard Palem Raya No.7
Lippo Karawaci Central
Tangerang 15810, Indonesia
Phone: +62 21 2566 9000
Fax: +62 21 2566 9098
website: www.lippokarawaci.co.id
email: corsec@lippokarawaci.co.id
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Financial Services Authority
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Ministry of Law
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