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RUPS minutes Needs review AGII

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Page 1
                                                           ANNOUNCEMENT OF
                                                          SUMMARY OF MINUTES
                     ANNUAL GENERAL MEETING OF SHAREHOLDERS FOR 2024 FINANCIAL YEAR
                                                         PT SAMATOR INDO GAS TBK

PT Samator Indo Gas Tbk (the “Company”), domiciled in South Jakarta, hereby announces that on Friday,
June 13, 2025, the Annual General Meeting of Shareholders for Financial Year 2024 (hereinafter referred to as
the “Meeting”) has been held by offline and online using the application provided by PT Kustodian Sentral
Efek Indonesia (“KSEI”), namely the KSEI Electronic General Meeting System (“eASY.KSEI”), in accordance
with the Financial Services Authority (“POJK”) Regulation Number 16/POJK.04 /2020 concerning the
Implementation of Electronic General Meetings of Shareholders of Public Companies, with following details:


                      Day /Date                                 : Friday, 13 June 2025
                      Time                                      : 09.55 AM to 11.05 AM, Western Indonesian Time
                      Physical location                         : Djakarta Room – Raffles Jakarta 2nd Floor
                                                                 Ciputra World 1, Jalan Prof. Dr. Satrio Kavling 3-5,
                                                                 South Jakarta 12940


    A. Meeting Agenda
       1. Approval of the Company's Annual Report for 2024 Financial Year including the Company's
          Activity Report and the Board of Commissioners' Supervision Report for 2024 Financial Year and
          Ratification of the Company's Consolidated Financial Statements for 2024 Financial Year.
       2. Approval of the determination of the use of Net Profit for 2024 Financial Year.
       3. Approval of the appointment of a Public Accounting Firm to audit the Company's Financial
          Statements for 2025 Financial Year.
       4. Approval of the determination of Salaries and Allowances for members of the Company’s Board
          of Directors and Salaries or Honorarium and Allowances for members of the Company's Board
          of Commissioners for 2025 Financial Year.
       5. Approval of changes in the composition of the Company’s Board of Directors and Board of
          Commissioners.
       6. Approval of the reappointment of the Company’s Board of Directors and Board of
          Commissioners.
       7. Approval of the guarantee of part of the Company's assets (to the extent necessary) to guarantee
          loans that the Company will obtain from financial institutions or banks.
       8. Ratification of the Report on the Realization of the Use of Proceeds from Public Offering of
          Sustainable Bonds III Samator Indo Gas Phase I of 2023 and Sustainable Sukuk Ijarah III of
          Samator Indo Gas Phase I of 2023.




 PT Samator Indo Gas Tbk

 JAKARTA OFFICE                                              SURABAYA OFFICE
 Gedung UGM Samator Pendidikan P +6221 8370 911              Gedung The Samator, 16th Floor P +6231 9900 4000
 Tower A, 5th – 6th Floor            F +6221 8370 9911       Jl. Raya Kedung Baruk 26-28    F +6231 9900 4100
 Jl. Dr. Sahardjo No. 83, Jakarta 12850

 www.samatorgas.com
Page 2
 B. Members of the Company's Board of Commissioners and Directors who physically attended
       the Meeting:

       Board of Commissioners
       President Commissioner                           : Heyzer Harsono
       Vice President Commissioner                      : Rasid Harsono
       Vice President Commissioner                      : Setyo Wahono, S.E
       Commissioner                                     : Michael W. P. Soeryadjaya
       Independent Commissioner                         : Sutanto
       Independent Commissioner                         : Robiyanto


       Directors
       President Director                               : Rachmat Harsono, B.Sc, MBA
       Vice President Director                          : Ferryawan Utomo, Ir. M.M.
       Director                                         : Nini Liemijanto
       Director                                         : Budi Susanto
       Director                                         : Octavianus Santoso Rastanto, S.T
       Director                                         : Djanarko Tjandra


 C. Chairman of the Meeting
    The meeting was chaired by Mr. Heyzer Harsono, as the President Commissioner of the Company.

 D. Shareholders’ Attendance
    The Meeting was attended by the shareholders or their authorised representatives who were present
       and/or represented in the Meeting, including shareholders who attended electronically via
       eASY.KSEI, representing a total of 2.863.044.040 shares or equivalent to 93.36% of the total shares
       with valid voting rights that have been issued by the Company.

 E. Submission of Questions or Opinions
       Shareholders or their authorized representatives were given the opportunity to submit questions or
       opinions for each agenda of the meeting. There were no questions or opinions submitted by the
       shareholders or their authorized representatives for each Meeting Agenda.


 F. Voting Mechanism
    Decision making for all Meeting agendas is done based on deliberations for consensus. In the event
       of deliberations for consensus are not reached, decision making is done by voting system.




PT Samator Indo Gas Tbk

JAKARTA OFFICE                                                 SURABAYA OFFICE
Gedung UGM Samator Pendidikan P +6221 8370 911                 Gedung The Samator, 16th Floor P +6231 9900 4000
Tower A, 5th – 6th Floor            F +6221 8370 9911          Jl. Raya Kedung Baruk 26-28    F +6231 9900 4100
Jl. Dr. Sahardjo No. 83, Jakarta 12850

www.samatorgas.com
Page 3
   G. Voting Results


            Meeting Agenda                               Approved                          Disapproved             Abstained
            First Agenda                      2.863.035.240 shares or                     8.600 shares or         200 shares or
                                                        99,9996926%                         0,0003004%            0,0000070%
            Second Agenda                     2.863.035.240 shares or                    8.600 shares or          200 shares or
                                                   99,9996926%                            0,0003004%              0,0000070%
            Third Agenda                      2.845.295.840 shares or                17.748.000 shares or         200 shares or
                                                   99,3800934%                           0,6198997%               0,0000070%
            Fourth Agenda                     2.863.035.240 shares or                    8.600 shares or          200 shares or
                                                        99,9996926%                        0,0003004%             0,0000070%
            Fifth Agenda                      2.863.035.240 shares or                    8.600 shares or          200 shares or
                                                   99,9996926%                            0,0003004%              0,0000070%
            Sixth Agenda                      2.863.035.240 shares or                    8.600 shares or          200 shares or
                                                   99,9996926%                            0,0003004%              0,0000070%
            Seventh                           2.844.655.440 shares or                18.388.400 shares or         200 shares or
            Agenda                                 99,3577256%                           0,6422675%               0,0000070%
            Eighth Agenda                                  Eighth Agenda is a reporting agenda, hence there were no
                                                                     decision-making process conducted.


          In accordance with Article 47 POJK Number 15/POJK.04/2020 concerning the Planning and
          Implementation of General Meeting of Shareholders of Public Companies, Shareholders of shares
          with valid voting rights who attended the Meeting but voted ‘Abstain’ were deemed to vote the same
          as the votes of the majority of Shareholders who voted.

          The voting results were based on calculations made by PT Datindo Entrycom (the Securities
          Administration Bureau appointed by the Company) and read out by Dr. Ira Sudjono, S.H., M.Hum.,
          M.Kn., M.M., M.Si (the Notary appointed by the Company to draft the Minutes of Meeting). Hence, it
          can be concluded that the proposal submitted for the Decision on the First, Second, Third, Fourth,
          Fifth, Sixth and Seventh Meeting Agenda were approved by the Meeting.




PT Samator Indo Gas Tbk

JAKARTA OFFICE                                                 SURABAYA OFFICE
Gedung UGM Samator Pendidikan P +6221 8370 911                 Gedung The Samator, 16th Floor P +6231 9900 4000
Tower A, 5th – 6th Floor            F +6221 8370 9911          Jl. Raya Kedung Baruk 26-28    F +6231 9900 4100
Jl. Dr. Sahardjo No. 83, Jakarta 12850

www.samatorgas.com
Page 4
   H. Meeting Decisions
      First Agenda of the Meeting
            1. Approved the Company's Annual Report for 2024 Financial Year, including the Company's
               Activity Report and the Board of Commissioners' Supervisory Report for 2024 Financial Year.
            2. Ratified the Company's Consolidated Financial Statements for 2024 Financial Year, which have
               been audited by the Public Accounting Firm Purwantono, Sungkoro and Surja (EY Indonesia)
                 with an Unqualified opinion for all material respects, as stated in the Audit Report of Public
                 Accounting Firm Purwantono, Sungkoro and Surja Number: 01259/2.1032/AU.1/04/1963-
                 1/1/V/2025 issued on May 9, 2025;
            3. Provided full release and discharge (acquit et de charge) to the members of the Board of
                 Directors and the Board of Commissioners for the management and supervisory actions carried
                 out during financial year ended on December 31, 2024 to the extent that such actions are
                 reflected in the Annual Report except for embezzlement, fraud and other criminal acts.


         Second Agenda of the Meeting
         Approved the determination of the use of Net Profit for 2024 Financial Year, as following:
            1. Rp5 billion is allocated to increase general reserves to comply with the provisions of Article 70 of
                 the Limited Liability Company Law and used in accordance with the provisions of Article 23 of
               the Company's Articles of Association;
            2. Rp8,56 per share or in total of Rp26,236,746,381 (twenty-six billion two hundred thirty-six million
               seven hundred forty-six thousand three hundred eighty-one Rupiah) are distributed as cash
               dividends for 2024 Financial Year to shareholders who are entitled to receive cash dividends; and
            3. The remaining of Rp73,710,239,143 (seventy-three billion seven hundred ten million two
                 hundred thirty-nine thousand one hundred forty-three Rupiah) will be used to increase Retained
                 Earnings to support the Company's business development.

         Third Agenda of the Meeting
         Approved to grant the authority to the Board of Commissioners to appoint a Public Accounting Firm
         to audit the Company's Financial Statements for 2025 Financial Year and grant the authority to the
         Board of Commissioners to determine the honorarium of the Public Accountant and other terms of
         appointment.


         Fourth Agenda of the Meeting
         1. Approved to authorize the Board of Commissioners to determine the salaries, fees and allowances
              of the members of the Board of Directors for 2025 Financial Year; and
         2. Approved to authorize the Major Shareholders to determine the honorarium and other benefits
            for the Board of Commissioners of the Company for 2025 Financial Year.


PT Samator Indo Gas Tbk

JAKARTA OFFICE                                          SURABAYA OFFICE
Gedung UGM Samator Pendidikan P +6221 8370 911          Gedung The Samator, 16th Floor P +6231 9900 4000
Tower A, 5th – 6th Floor            F +6221 8370 9911   Jl. Raya Kedung Baruk 26-28    F +6231 9900 4100
Jl. Dr. Sahardjo No. 83, Jakarta 12850

www.samatorgas.com
Page 5
         Fifth and Sixth Agenda of the Meeting
         1. Approved the changes in the composition of the Company’s Board of Commissioners and
              Directors, by :
              a.      Duly accepting the resignation of the Company’s Vice President Commissioner, Mr. Setyo
                      Wahono, effective on January 20, 2025, based on his resignation letter dated January 20,
                      2025.
               -      With respect to the election of Mr. Setyo Wahono as the Regional Head (Regent) of
                      Bojonegoro based on the Decree of General Election Commission of Bojonegoro Regency
                      Number 7 of 2025 concerning the Determination of Regent and Vice Regent Candidate Elected
                      for Bojonegoro Regency in 2024 and based on Law Number 23 of 2014 concerning Regional
                      Government, there is a prohibition for Regional Heads and Deputy Regional Heads to become
                      administrators of a company, either privately owned or state / regionally owned.
               -      To the person concerned, the Company expresses the gratitude for his supervisory actions
                      during his tenure and the Company provides full release and discharge (acquit et de charge)
                      for supervisory actions carried out during 2024 financial year, to the extent that such actions
                      are reflected in the Annual Report except for embezzlement, fraud and other criminal acts.


              b.      Ratifying the end of the term of office of all members of the Board of Commissioners and
                      Directors of the Company for the period of 2022-2025, effective from the acceptance and
                      approval of the Company's Annual Report for 2024 Financial Year, including the Company's
                      Activity Report and the Board of Commissioners' Supervisory Report during 2024 Financial
                      Year.

            2. Approved the reappointment of several members of the Board of Commissioners and
                   Directors of the Company and hereby determined and ratified the composition of the new
                   members of the Board of Commissioners and Directors of the Company, for a period
                   commencing on the closing date of the Meeting and will end at the closing of the third Annual
                   General Meeting of Shareholders at the end of 1 (one) term of office, provided that 1 (one) term
                   of office for members of the Board of Commissioners and Directors is 3 (three) years, with due
                   observance of the prevailing laws and regulations in the Capital Market sector and without
                   reducing the right of the General Meeting of Shareholders to dismiss them at any time before
                   their term of office ends.

              Therefore, the composition of the Board of Commissioners and Directors of the Company for
              period 2025 until 2028, is as followings:




PT Samator Indo Gas Tbk

JAKARTA OFFICE                                          SURABAYA OFFICE
Gedung UGM Samator Pendidikan P +6221 8370 911          Gedung The Samator, 16th Floor P +6231 9900 4000
Tower A, 5th – 6th Floor            F +6221 8370 9911   Jl. Raya Kedung Baruk 26-28    F +6231 9900 4100
Jl. Dr. Sahardjo No. 83, Jakarta 12850

www.samatorgas.com
Page 6
              Board of Commissioners:
              President Commissioner                       : Heyzer Harsono
              Vice President Commissioner                  : Rasid Harsono
              Vice President Commissioner                  : Ferryawan Utomo, Ir. MM.
              Commissioner                                 : Michael W. P. Soeryadjaya
              Commissioner                                 : Atiff Ibrahim Gill
              Commissioner                                 : Nini Liemijanto
              Independent Commissioner                     : Sutanto
              Independent Commissioner                     : Robiyanto
              Independent Commissioner                     : Hans-Gerd Wienands-Adelsbach


              Directors:
              President Director                           : Rachmat Harsono, BSc., MBA.
              Vice President Director                      : Imelda Mulyani Harsono, BA., MM., LL.M.
              Vice President Director                      : Ir. Sigit Purwanto
              Director                                     : Budi Susanto
              Director                                     : Andy N. Purwohardono
              Director                                     : Noni Mulianti

         3. Granted the power and authority to the Company's new Board of Directors, with the right of
              substitution, to state all the resolutions of the Meeting above in a separate Notarial Deed and to
              take all necessary actions in connection with the changes in the composition of the Company's
              Board of Commissioners and Directors in accordance with the prevailing laws and regulations,
              including notifying the changes in the composition of the Company’s Board of Commissioners
              and Directors to the Ministry of Law and Human Rights of Republic of Indonesia.



         Seventh Agenda of the Meeting
         1. Approved to pledge more than 50% or all of the Company's net assets in order to obtain loans for
            facilities to be received by the Company from Banks, venture capital companies, finance
            companies, or infrastructure finance companies or the Public through the issuance of securities
              other than equity securities through public offerings, of which one and the other to comply with
              the terms and conditions of the Capital Market requirements and the prevailing laws and
              regulations - in particular the Capital Market Regulations. This approval is valid until the holding
              of the next Annual General Meeting of Shareholders; and




PT Samator Indo Gas Tbk

JAKARTA OFFICE                                          SURABAYA OFFICE
Gedung UGM Samator Pendidikan P +6221 8370 911          Gedung The Samator, 16th Floor P +6231 9900 4000
Tower A, 5th – 6th Floor            F +6221 8370 9911   Jl. Raya Kedung Baruk 26-28    F +6231 9900 4100
Jl. Dr. Sahardjo No. 83, Jakarta 12850

www.samatorgas.com
Page 7
         2. Approved to authorize the Board of Directors to take any and all necessary actions in connection
              with the actions referred to in point 1 above, taking into account the approval of the Board of
              Commissioners of the Company, with due observance of the terms and conditions of the Capital
              Market and the prevailing laws and regulations, especially concerning the Capital Market
              Regulations.

         Eighth Agenda of the Meeting
         Ratification of the Report on the Realization of the Use of Proceeds from Public Offering of
         Sustainable Bonds III Samator Indo Gas Phase I of 2023 and Sustainable Sukuk Ijarah III of Samator
         Indo Gas Phase I of 2023 as of 31 December 2024.


         Given that this is a reporting Agenda, there was no decision-making conducted.

   I.     Schedule and Procedures for Distribution of Cash Dividend for 2024 Financial Year
         In accordance with the decision of the second Agenda of the Meeting as mentioned above, on which
         the Meeting has decided to pay cash dividends to the shareholders of the Company in the amount of
         Rp 8.56 per share or a total of Rp26,236,746,381 (twenty-six billion two hundred thirty-six million
         seven hundred forty-six thousand three hundred eighty-one Rupiah) as well as to give the power and
         authority to the Board of Directors to determine the schedule and procedures for distribution of
         dividends for the 2024 Financial Year in accordance with applicable regulations.



                                                         Jakarta, 17 June 2025
                                                        PT Samator Indo Gas Tbk
                                                            Board of Directors




PT Samator Indo Gas Tbk

JAKARTA OFFICE                                          SURABAYA OFFICE
Gedung UGM Samator Pendidikan P +6221 8370 911          Gedung The Samator, 16th Floor P +6231 9900 4000
Tower A, 5th – 6th Floor            F +6221 8370 9911   Jl. Raya Kedung Baruk 26-28    F +6231 9900 4100
Jl. Dr. Sahardjo No. 83, Jakarta 12850

www.samatorgas.com

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Names mentioned 18 people and organisations named in the text · linked when the evidence is strong

linked org SAMATOR INDO GAS TBK p.1 ×33
linked person Setyo Wahono p.2 ×4
linked person Ferryawan Utomo p.2 ×2
linked person Budi Susanto p.2 ×2
linked person Heyzer Harsono p.2 ×3
linked person Atiff Ibrahim Gill p.6
linked person Ir. Sigit Purwanto p.6
linked person Noni Mulianti p.6
possible person Prof. Dr. Satrio p.1
possible person Michael W. P. Soeryadjaya p.2 ×2
unresolved org PT Kustodian Sentral Efek Indonesia p.1
unresolved org Financial Services Authority p.1
unresolved person Dr. Sahardjo p.1 ×7
unresolved person Octavianus Santoso Rastanto p.2
unresolved org PT Datindo Entrycom p.3
unresolved person Dr. Ira Sudjono p.3 ×2
unresolved person BSc. p.6
unresolved org Ministry of Law and Human Rights of Republic of Indonesia. Seventh p.6

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