Back to announcement
20250630_KPIG_Laporan Informasi dan Fakta Material_31909829_lamp2.pdf
Other Text extracted KPIGSource file signed link, expires in 15 minutes
Extracted text 2
Page 1
PT MNC Land Tbk's
AGMS and EGMS Results
Jakarta, June 30, 2025 - Today, PT MNC Land Tbk (the Company or IDX: KPIG) held its Annual General Meeting of
Shareholders (AGMS) to approve and accept the Annual Report of the Board of Directors, Sustainability Report of the
Company, and the Supervisory Duties Report of the Board of Commissioners for the Financial Year ended on
December 31, 2024. In addition, the AGMS also approved and ratified the Company's Financial Statements for the 2024
Financial Year.
In 2024, KPIG recorded a robust revenue growth of 24.6% year-on-year (yoy), reaching Rp1.77 trillion, compared to
Rp1.42 trillion in 2023. The Company also posted a net profit of Rp679 billion and EBITDA of Rp271 billion for the full year
2024. The Company's total assets grew by 7% to Rp35.83 trillion in 2024, up from Rp33.47 trillion in 2023. Total liabilities
reached Rp7.31 trillion in 2024, an 8.8% increase from Rp6.72 trillion in the previous year, while total equity rose by 6.6%
to Rp28.52 trillion from Rp26.75 trillion in 2023.
In addition, KPIG's AGMS has approved and received the resignation of Mrs. Natalia Cecilia Tanudjaja from her position as
Director of the Company. The AGMS has also appointed Mr. Letjen TNI (Purn.) Joni Supriyanto as President
Commissioner and Independent Commissioner of the Company, Mr. Henry Suparman as Commissioner of the
Company, Mr. Hary Tanoesoedibjo as President Director of the Company (formerly President Commissioner), Mr. M.
Budi Rustanto as Vice President Director of the Company (formerly President Director), and Mrs. Ridawaty as Director
of the Company. Thus, the new composition of KPIG's Board of Commissioners and the Board of Directors is as follows:
Board of Commissioners Board of Directors
President Commissioner Letjen TNI (Purn.) Joni President Director : Hary Tanoesoedibjo
(Independent) : Supriyanto Vice President Director : M. Budi Rustanto
Commissioner : Liliana Tanaja Tanoesoedibjo Vice President Director : Andrian Budi Utama
Commissioner : Henry Suparman Director : Michael Stefan Dharmajaya
Independent Commissioner : Susaningtyas Nefo H. Kertopati Director : Alex Wardhana
Independent Commissioner : Stien Maria Schouten Director : Junita Sari Ujung
Director : Ridawaty
After holding the AGMS, the Company held an Extraordinary General Meeting of Shareholders (EGMS) to approve the
Capital Increase Without Pre-emptive Rights by issuing new shares with a maximum of 10% of the total issued and
fully paid shares in the Company, and also approve the plan to guarantee the assets of the Company and/or its
subsidiaries, in accordance with the provisions of POJK No.42/POJK.04/2020 and POJK No.17/POJK.04 /2020. Moreover,
the EGMS approved the amendment to the Company's Article of Association concerning the Duties, Responsibilities,
and Authorities of the Board of Directors, as well as the change of the Company's name.
To strengthen its position and brand image as the leading Tourism & Hospitality destination in Southeast Asia, the
Company has embarked on a strategic transformation by rebranding and changing its name from PT MNC Land Tbk to
PT MNC Tourism Indonesia Tbk (or another approved name, subject to the Ministry of Law of the Republic of
Indonesia).
This name change also sharpens the Company's focus on the Tourism & Hospitality industry, marked by the
development of a portfolio of flagship projects such as:
1
Page 2
MNC Lido City Special Economic Zone (SEZ):
- Trump International Golf Club Lido
- Movieland
- Lido Adventure Park
- Lido Music & Arts Center (LMAC)
- Lido Lake Resort and Hyatt Regency Lido Resort (opening soon)
- Under development: amusement park; retail, dining & entertainment (RD&E); and residential resorts
Projects Located Outside the MNC Lido City SEZ:
- Park Hyatt Jakarta
- The Westin Resort Nusa Dua, Bali and Bali International Convention Centre (BICC)
- Oakwood Hotel, Surabaya
- Various other developments in the Tourism & Hospitality sector
Through this rebranding, the Company reinforces a new identity that is more relevant and dynamic, unlocking broader
opportunities to accelerate business expansion and growth in the tourism sector, enhance competitiveness, boost the
appeal of its strategic projects in the eyes of the market, and drive more impactful collaborations with both local and
international partners.
For further information, please contact: PT MNC Land Tbk
Gladys Levina MNC Tower 17/F, MNC Center
gladys.levina@mncgroup.com Jl. Kebon Sirih No. 17-19, Menteng
investorrelations.mncland@mncgroup.com Central Jakarta 10340, Indonesia
Phone: +62 21 3927471
Fax: +62 21 3921227
www.mncland.com
DISCLAIMER
By accepting this Press Release, you agree to be bound by the restrictions set out below. Any failure to comply with these
restrictions may constitute a violation of applicable securities laws.
The information and opinions contained in this Press Release have not been independently verified, and no representation or
warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or
correctness of, the information or opinions contained herein. It is not the intention to provide, and you may not rely on this Press
Release as providing, a complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business
prospects, properties or results of operations of The Company or its subsidiaries. The information and opinions contained in this
Press Release are provided as at the date of this presentation and are subject to change without notice. Neither The Company
(including any of its affiliates, advisors and representatives) nor the underwriters (including any of their respective affiliates,
advisors or representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or
completeness of, or any errors or omissions in, any information or opinions contained herein nor for any loss howsoever arising
from any use of this Press Release.
In addition, the information contained in this Press Release contains projections and forward-looking statements that reflect The
Company's current views with respect to future events and financial performance. These views are based on a number of
estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as
well as various risks and these may change over time and in many cases are outside the control of The Company and its directors.
No assurance can be given that future events will occur, that projections will be achieved, or that The Company's assumptions are
correct. Actual results may differ materially from those forecasts and projected.
This Press Release is not and does not constitute or form part of any offer, invitation or recommendation to purchase or subscribe
for any securities and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or
investment decision in relation thereto.
2
Names mentioned 18 people and organisations named in the text · linked when the evidence is strong
unresolved
org
PT MNC Land Tbk's AGMS
p.1
unresolved
person
Susaningtyas Nefo H. Kertopati
· Commissioner
p.1 ×2
unresolved
person
H. Kertopati
p.1
unresolved
org
Ministry of Law
p.1
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.