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            MINUTES SUMMARY OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
                          PT PANASIA INDO RESOURCES TBK.


Directors of PT Panasia Indo Resources Tbk. (hereafter referred as "the Company") located in Bandung, hereby
announces that the Company has held the Annual General Meeting of Shareholders (hereafter referred as
"Meeting") with the details:

A. Day/Date, Time, dan Place
   Day/Date           : Monday, June 30, 2025
   Time               : 09:37 to 10:10 Western Indonesian Time
   Place              : Main Meeting Room of Office PT Panasia Indo Resources Tbk.
                        Jl. Moh. Toha Km 6 Bandung

B. Members of the Board of Commissioners and the Directors who Present at the Meeting
   Board of Commissioners
   Commissioner      : Mr. Soebianto Bambang Soegiarto
   Commissioner      : Mrs. Agnes Novella Hidjaja

    Directors
    President Director   : Mr. Enrico Haryono
    Director             : Mr. Albert Januar Hidjaja
    Director             : Mrs. Desveny Sibuea

C. Attendance of Shareholders
   Based on the attendace list of shareholders prepared by the Securities Administration Bureau and witnessed
   by a Notary, Meeting attended by shareholders and/or their representatives who in total represent
   3,568,501,360 shares or 99.08% of the total shares with voting rights issued by the Company untill the day
   of the Meeting which is 3,601,462,800 shares, in regards with the Company List of Shareholders per June
   4, 2025 until 16.00 Western Indonesian Time.

D. Agenda of the Meeting
   Meeting were held with the agenda of :
   1. Director Report on the course of the Company and financial administration for the 2024 fiscal year
   2. Motion to confirm Profit and Loss Account Balance Sheet of the fiscal year ended in December 31, 2024
   3. Determination of Profit or Loss in 2024 fiscal year
   4. Appointment of a Public Accountant to audit the Company Financial Report for the fiscal year end in
      December 31, 2025 and to authorize the Board of Commissioners to determine the honorarium of the
      appointed Public Accountant
   5. The proposed changes to the Company's Articles of Association, Article 3, Purpose and Objectives and
      Business Activities, begin with a discussion of a feasibility study on changes to business activities to
      request approval from shareholders.

E. Providing an opportunity to submit questions and / or provide opinions related to the meeting agenda
   At each the meeting agenda, the shareholders or their proxies are given the opportunity to submit questions
   and / or provide opinions related to the meeting agenda.

F. Resolutions Mechanism in the Meetings
   In the Meeting, resolutions were resolved based on an amicable deliberation in order to reach a mutual
   consensus. In the event that the resolutions based on the deliberation failed to be reached, the resolutions
   were resolved by way of voting.

G. Implementation of Decision Making
   Decision making of all shares with valid voting rights and present at the Meeting for the first agenda up to
   the fifh agenda is approved by consensus with the following details :
Page 2
                                                           Non Affirmative                       Question/
        Agenda               Affirmative vote                                     Abstain
                                                                vote                             Response

            I        3,568,501,360 shares or 100%                Nihil              Nihil           Nihil

           II        3,568,501,360 shares or 100%                Nihil              Nihil           Nihil

           III       3,568,501,360 shares or 100%                Nihil              Nihil           Nihil

           IV        3,568,501,360 shares or 100%                Nihil              Nihil           Nihil

           V         3,568,501,360 shares or 100%                Nihil              Nihil           Nihil


    Note : % is the composition of the total shares with the voting rights at the Meeting.

H. Meeting Resolutions
   In the Meeting, decisions were taken which in essence had decided to agree as follows:

    In the First Agenda:
    Aprroves the Report of the Directors on the course of the Company and the financial administration for the
    2024 fiscal year and discharged the Directors and Board of Commisioners from responsibilities and any
    amenabilities (acquit et decharge) for its actions during the 2024 fiscal year as long as those actions are
    contained in the Balance Sheet and Profit and Loss of that fiscal year.

    In the Second Agenda
    Approves and comfirm the Profit and Loss of the fiscal year ended in December 31, 2024 which audited by
    Independent Auditor from the Office of Public Account of Doli, Bambang, Sulistiyanto, Dadang & Ali
    according to Report No. 00015/3.0271/AU.1/04/0353-4/1/III/2025 dated March 26, 2025 with qualified
    opinion with exception.

    In the Third Agenda:
    Approved the determination of the Company's Profit and Loss for the 2024 financial year by not distributing
    final cash dividends for the 2024 financial year to the Company's Shareholders.

    In the Fourth Agenda:
    Approves to provide powers for the Board of Commisioners of the Company to appoint an Office of Public
    Accountant to audit the Company’s Financial Report for the fiscal year ended in December 31, 2025, and
    authorize the Board of Commisioners to determine the honorarium for the Public Accountant.

    In the Fifth Agenda:
    Approve the proposed Amendment to the Company's Articles of Association Article 3 Purpose and
    Objectives and Business Activities by granting authority to the Board of Directors with the right of substitution
    to take all necessary actions related to the amendment to the Company's Articles of Association Article 3
    Purpose and Objectives and Business Activities, including preparing and stating it in a notarial deed and
    then reporting it to the Ministry of Law of the Republic of Indonesia to obtain ratification and approval, and
    then doing everything that is deemed necessary and useful for the purpose with nothing being excluded.


Authority Number 15/POJK.04/2020 concerning the Planning and Organizing of the General Meeting of The
announcement of the summary of the minutes of the Meeting is to comply with the provisions of Article 22
paragraph (4) letter a., the letter f. and the letter j. Company's Articles of Association and Regulation of the
Financial Services Shareholders of a Public Company Article 49 paragraph (1) and Article 51 paragraph (1) and
paragraph (2).


                                            Bandung, July 2, 2025
                                        PT Panasia Indo Resources Tbk.



                                                   The Directors

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Names mentioned 8 people and organisations named in the text · linked when the evidence is strong

linked org PANASIA INDO RESOURCES TBK. p.1 ×11
linked person Enrico Haryono p.1
unresolved person Soebianto Bambang Soegiarto p.1
unresolved person Agnes Novella Hidjaja p.1 ×2
unresolved person Albert Januar Hidjaja p.1 ×2
unresolved person Desveny Sibuea C. Attendance p.1 ×2
unresolved person H. Meeting Resolutions In p.2
unresolved org Ministry of Law p.2

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