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Page 1
Disclaimer : This is an unofficial translation of the Indonesian version of the Summary of Minutes, and is
provided for reference only.

DRAFT PENGUMUMAN
PT SUMMARECON AGUNG Tbk.




                                             NOTICE
                                     SUMMARY OF MINUTES OF
                             ANNUAL GENERAL MEETING OF SHAREHOLDERS


The Board of Directors of PT Summarecon Agung Tbk, domiciled in the City of East Jakarta (hereinafter referred to
as ‘the Company’), hereby notifies the Shareholders of the Company, that the Company has held an Annual
General Meeting of Shareholders by using the system for holding the Meeting electronically (hereinafter referred to
as ‘the Meeting’), by taking into account the provisions in the Financial Services Authority Regulation Number
15/POJK.04/2020 dated 20 April 2020 concerning the Plan and Implementation of the General Meeting of
Shareholders of Public Companies and the Financial Services Authority Regulation Number 16/POJK.04/2020 dated
20 April 2020 concerning the Implementation of the General Meeting of Shareholders of Public Companies
Electronically, namely on:


Date                                     : Thursday, 12 June 2025
Time of AGMS                             : 10.04 a.m to 11.55 p.m WIT (Western Indonesia Time)
Venue                                    : Ruang Janur Sari, Klub Kelapa Gading
                                           Jalan Boulevard Blok KGC, RW 1
                                           Kelurahan Kelapa Gading Timur, Kecamatan Kelapa Gading
                                           Kota Jakarta Utara

A.    The Agenda was as follows:
      1.   To approve the Company’s Annual Report, and to approve and ratify the Company’s Financial
           Statements and Report of the Board of Commissioners for the financial year 2024.
      2.   To approve the utilization of Company’s net income for the financial year ended on 31 December 2024.
      3.   To authorize the Board of Commissioners of the Company to appoint Public Accountants to audit the
           books of the Company for the year 2025, and to determine the honorarium, and terms of appointment
           thereon.
      4.   To approve the salary or honorarium and allowance of the Board of Commissioners, and the salary and
           allowance of Board of Directors for the year 2025.
      5.   To authorize the company to pledge assets in excess of 50% (fifty percent) of the Company's current
           and future net assets when obtaining funding from Bank Financial Institutions and Non-Bank Financial
           Institutions and the Public (through Securities other than Equity Securities through Public Offerings)
           without prejudice to the Articles of Association and the applicable laws and regulations.
      6.   Changes in members of the Company's Board of Directors and Board of Commissioners.
      7.   To report on the utilization of funds from :
              a. The Public Offering of Continuous Bond IV Summarecon Agung Tranche II Year 2023;
              b. The Public Offering of Continuous Bond IV Summarecon Agung Tranche III Year 2024.

B.    The Commissioners and Directors who attended the Meeting in person were:

      Board of Commissioners:
         Commissioner                  : Hendri Rahardja
         Independent Commissioner      : Drs. H. Edi Darnadi, M.M.
         Independent Commissioner      : Lexy Arie Tumiwa
         Independent Commissioner      : Ir. Ge Lilies Yamin




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Page 2
Disclaimer : This is an unofficial translation of the Indonesian version of the Summary of Minutes, and is
provided for reference only.


     Board of Directors:
        President Director             : Ir. Adrianto Pitojo Adi
        Director                       : Soegianto Nagaria
        Director                       : Herman Nagaria
        Director                       : Lydia Tjio
        Director                       : Nanik Widjaja
        Director                       : Ir. Sharif Benyamin
        Director                       : Jason Lim

C.    Pemegang Meeting was attended by shareholders and/or their proxy/representatives in person and
      electronically representing 12.481.028.524 shares with valid voting rights or equivalent to 75,603% of the
      total shares with valid voting rights which have been issued by the Company.

D.    Shareholders or their proxies who attended in person or electronically were given the opportunity to pose
      questions and/or provide opinions regarding each Agenda of the Meeting after the completion of discussion
      of all the Agenda of the Meeting.

E.    In the first agenda item of the Meeting up to the fifth agenda item and the seventh agenda item of the
      Meeting, there were no questions and/or opinions from the Shareholders or their Proxies while in the sixth
      agenda item of the Meeting there was 1 (one) question from the Shareholders who were physically present.

F.    The procedure for passing of resolutions in the Meeting was as follows:
      - Resolutions shall be passed by mutual consent.
      - When consensus is not reached, then it shall be decided by voting rights of the Shareholders or their
        Proxies who attended in person or electronically.

G.    The results of the voting process were as follows:

              Agenda                    Assent                         Dissent                Abstain
                                   12.268.562.456 or                  11.443 or           212.454.625 or
              Item 1                   98,298%                         0,000%                1,702%

                                   12.277.946.351 or                 3.771.843 or         199.310.330 or
              Item 2                   98,373%                          0,030%               1,597%

                                   11.522.829.046 or                758.878.048 or        199.321.430 or
              Item 3                   92,323%                          6,080%               1,597%

                                   12.277.525.015 or                 4.180.979 or         199.322.530 or
              Item 4                   98,370%                          0,033%               1,597%

                                   10.816.075.420 or            1.465.631.674 or          199.321.430 or
              Item 5                   86,660%                      11,743%                  1,597%

                                   12.051.438.648 or                231.598.399 or        197.991.477 or
              Item 6                   96,558%                          1,856%               1,586%


     Shareholders of shares with valid voting rights who attended the meeting but abstained in the voting are
     deemed to have cast the same vote as the majority of shareholders who cast votes.



                                                           2
Page 3
Disclaimer : This is an unofficial translation of the Indonesian version of the Summary of Minutes, and is
provided for reference only.

     The voting results are based on the calculations made by PT Raya Saham Registra (Securities Administration
     Bureau appointed by the Company) together with Kristanti Suryani, S.H., M.Kn. (Notary appointed by the
     Company to prepare the Minutes of Meeting).

     Item 7 of the Agenda did not require the passing of any resolution as it is only a reporting requirement.

H.   The resolutions passed at the AGMS were as follows :

     Item 1:

     a.   Approved the Company's Annual Report for the 2024 financial year;
     b.   Ratified the Company's Financial Statements for the 2024 financial year which was audited by the
          Public Accounting Firm "Purwantono, Sungkoro & Surja" with an "Unqualified" opinion according to
          their report Number: 00181/2.1032/AU.1/03/0685-5/1/III/2025 dated 12 March 2025
     c.   Ratified the Company's activity report for the 2024 financial year;
     d.   Ratified the Report of the Board of Commissioners for the 2024 financial year;
     e.   Granted full release and discharge of responsibilities (“acquite et décharge”) to all members of the
          Board of Directors in carrying out their duties and responsibilities in managing and representing the
          Company; and to the Company’s Board of Commissioners in carrying out their duties and
          responsibilities for supervision as well as in providing advice, and assisting the Company’s Directors,
          which they have carried out during the financial year 2024, whose actions are reflected in the
          Company’s Financial Statements for the financial year 2024 and complied with the prevailing rules and
          regulations.

     Item 2:

      Approve the use of the Company's Total Comprehensive Income for the financial year ended 31
      December 2024, amounting to Rp1,838,473,954,000.00 (one trillion eight hundred thirty-eight billion
      four hundred seventy-three million nine hundred fifty-four thousand Rupiah), with the following details:
      a. Rp18.384.739.540,00 (eighteen billion three hundred eighty four million seven hundred thirty nine
           thousand five hundred forty Rupiah), shall be allocated for "reserve funds" to comply with the
           provisions of Article 70 of the Limited Liability Company Law;
      b. Rp148.577.115.222,00 (one hundred forty-eight billion five hundred seventy-seven million one
           hundred fifteen thousand two hundred twenty-two Rupiah) as cash dividends of Rp9,00 (nine Rupiah)
           per share to be distributed to the shareholders whose names are registered in the Company’s Register
           of Shareholders at 4.00 p.m WIT on 24 June 2025:
           - determine the dividend distribution schedule and regulate the procedure for the distribution of such
              dividends in accordance with prevailing regulations;
           - implement the distribution of such dividends and to take all necessary actions, with due observance
              of tax provisions, the Indonesia Stock Exchange, and other applicable capital market regulations;
      c. The balance Rp1.671.512.099.238,00 (one trillion six hundred seventy-one billion five hundred
           twelve million ninety-nine thousand two hundred thirty-eight Rupiah), all of which are included as
           retained earnings.

     The schedule and procedure for dividend distribution will be officially announced to shareholders through the
     Announcement of the Summary of Minutes of Meeting on the websites of :
     a) KSEI;
     b) BEI; and
     c) The Company.

     Item 3:

     Approved to authorise the Board of Commissioners of the Company to appoint a Public Accountant / Public
     Accounting Firm that has obtained a license to provide audit services as stipulated in the statutory provisions
     regarding Public Accountants and registered with OJK as the Company's Public Accountant who will audit the


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Page 4
Disclaimer : This is an unofficial translation of the Indonesian version of the Summary of Minutes, and is
provided for reference only.

     Company's Financial Statements for the financial year ending 31 December 2025 and authorise the Board of
     Commissioners of the Company to determine the amount of honorarium and other requirements for the
     appointment of the Public Accountant;
     as well as appointing a replacement Public Accountant/Public Accountant Office and dismissing the
     appointed Public Accountant if for any reason it is unable to complete the audit of the Company's Financial
     Statements for the financial year 2025;
     provided that in making the appointment of the Public Accountant, the Board of Commissioners must pay
     attention to the recommendations of the Company's Audit Committee.

     Item 4:

     a.    Approved the delegation of authority to the Company’s Board of Commissioners to determine the amount
           of salary, honorarium, and allowances and/ or other income of the members of the Company’s Board of
           Directors for the financial year 2025;
     b.    1) Approved that the total salary or honorarium and other allowances of the members of the Board of
                Commissioners of the Company for the financial year 2025 is at least the same as that received by
                members of the Board of Commissioners in the fiscal year 2024, unless otherwise stipulated by the
                Board of Commissioners of the Company;
           2) Authorised the Board of Commissioners of the Company that carries out the remuneration function to
                determine the amount and distribution of the total salary or honorarium and other allowances of each
                member of the Board of Commissioners of the Company for the financial year 2025.

      Item 5:

      a.   Approve the pledge of the Company's assets exceeding 50% of the Company's net assets in a financial
           year, either in one transaction or several transactions cumulatively, either independent or related to each
           other, in the context of obtaining funding from Bank Financial Institutions and Non-Bank Financial
           Institutions and the Public (through Securities other than Equity Securities through a Public Offering)
           without prejudice to the Articles of Association and applicable laws and regulations;
      b.   To authorise the Board of Directors of the Company with the right of substitution to take all necessary
           actions in relation to the pledge of the Company's assets exceeding 50% of the Company's net assets in
           one financial year, either in one transaction or several transactions cumulatively, either independently or
           in relation to each other, and to state the resolutions of this Meeting in a notarial deed (if necessary) and
           with due observance of the terms and conditions in the prevailing laws and regulations, especially the
           regulations in the Capital Market sector.

      The pledge of the Company's assets as referred to in the Fifth Agenda of the Meeting is an exception from
      Material transactions as specified in POJK 17/20 and is an exempted Affiliated Transaction and is not a
      Conflict of Interest Transaction as referred to in POJK 42/20 and by continuing to fulfil the provisions of the
      Capital Market Regulations if required in these regulations.

      Item 6:

      Approved the changes in the members of the Board of Directors and Board of Commissioners of
      the Company, namely:

      a.   As of the closing of this Meeting:
           1. Approved to re-appoint Mr ADRIANTO PITOJO ADI as President Director, Mr SOEGIANTO
               NAGARIA, Mr HERMAN NAGARIA, Ms LYDIA TJIO, Ms NANIK WIDJAJA, Mr SHARIF BENYAMIN,
               and Mr JASON LIM as Directors of the Company, respectively, for the term of office until the
               closing of the Annual General Meeting of Shareholders of the Company to be held in 2030;
           2. Approved to reappoint Mr SOETJIPTO NAGARIA as President Commissioner, Mr HARTO DJOJO
               NAGARIA and Mr HENDRI RAHARDJA as Commissioners, and Mr Drs. H. EDI DARNADI, M.M. as
               Independent Commissioner of the Company, for the term of office until the closing of the Annual
               General Meeting of Shareholders of the Company to be held in 2030;
           3. Approved to appoint Mrs LILIAWATI RAHARDJO as the new Commissioner of the Company and Mr

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Page 5
Disclaimer : This is an unofficial translation of the Indonesian version of the Summary of Minutes, and is
provided for reference only.

               Drs. KRIS ERLANGGA ADJI WIDJAYA as the new Independent Commissioner of the Company, for
               the term of office until the closing of the Annual General Meeting of Shareholders of the Company
               to be held in 2030.

      b.   Approved to authorise the Board of Directors of the Company to state the resolution of the sixth
           agenda item of this Meeting in a deed of Meeting Resolution made before a Notary, to submit a
           notification of changes in the Company's data to the Minister of Law of the Republic of Indonesia to
           obtain a Letter of Acceptance of Notification of Changes in Company Data (SPPP-DP), to make changes
           and or additions in any form whatsoever required for the aforementioned purposes, to file and sign all
           applications and other documents, and to carry out other actions that may be required.


      Therefore, the composition of the Board of Directors and Board of Commissioners of the Company as of the
      closing of the Meeting until the closing of the Annual General Meeting of Shareholders of the Company to be
      held in 2030 (two thousand thirty) without prejudice to the right of the General Meeting of Shareholders to
      dismiss them at any time is as follows:

      Board of Directors:
      President Director                 : Ir. ADRIANTO PITOJO ADI
      Director                           : SOEGIANTO NAGARIA
      Director                           : HERMAN NAGARIA
      Director                           : LYDIA TJIO
      Director                           : NANIK WIDJAJA
      Director                           : Ir. SHARIF BENYAMIN
      Director                           : JASON LIM

      Board of Commissioners:
      President Commissioners            : SOETJIPTO NAGARIA
      Commissioners                      : LILIAWATI RAHARDJO
      Commissioners                      : HARTO DJOJO NAGARIA
      Commissioners                      : HENDRI RAHARDJA
      Independent Commissioner           : Drs. H. EDI DARNADI, M.M.
      Independent Commissioner           : Drs. KRIS ERLANGGA ADJI WIDJAYA

      Mata Acara Ketujuh:

      Approval of the meeting is not required because it is only a report on the realisation of the use of proceeds::
        a. The Public Offering of Continuous Bond IV Summarecon Agung Tranche II Year 2023;
        b. The Public Offering of Continuous Bond IV Summarecon Agung Tranche III Year 2024.
      Where the realisation and intended use of funds are in accordance with the Supplementary Information on
      the Public Offering of Continuous Bond IV Summarecon Agung Tranche II Year 2023 and the Public Offering
      of Continuous Bond IV Summarecon Agung Tranche III Year 2024.




                                            Jakarta, 16 Juni 2025
                                      Board of Directors of the Company




                                                         5
Page 6
Disclaimer : This is an unofficial translation of the Indonesian version of the Summary of Minutes, and is
provided for reference only.




                                      ANNOUNCEMENT
                SCHEDULE AND PROCEDURE FOR DISTRIBUTION OF CASH DIVIDEND FOR
                                    FINANCIAL YEAR 2024
                           PT SUMMARECON AGUNG Tbk. ("COMPANY")

    In connection with the resolution of the second agenda of the Annual General Meeting of Shareholders of the
    Company held on Thursday, 12 June 2025, among others, approving the distribution of cash dividends to the
    shareholders of the Company, amounting to Rp148,577,115,222.00 (one hundred forty-eight billion five
    hundred seventy-seven million one hundred fifteen thousand two hundred twenty-two Rupiah) or Rp9.00
    (nine Rupiah) per share and in accordance with the provisions of Article 22 of the Company's Articles of
    Association, the Board of Directors of the Company hereby notifies the shareholders of the Company of the
    distribution schedule and procedures for payment of cash dividends to be made with due observance of the
    prevailing regulations of the Indonesia Stock Exchange, as follows:

    A.   The schedules and procedures for payment of the cash dividend are as follows:

                                         Activity                                                Date
          Cum cash dividend in Regular and Negotiable Markets                                20 June 2025
          Ex cash dividend in Regular and Negotiable Markets                                 23 June 2025
          Cum cash dividend in Cash Market                                                   24 June 2025
          Ex cash dividend in Cash Market                                                    25 June 2025
          Payment of dividends                                                               11 July 2025

    B.   Payment procedures:
         1. This notice of schedule for dividend payment is an official notification from the Company, and the
             Company will not issue a special notification to the Shareholders of the Company;
         2. Shareholders who are entitled to the dividends are those shareholders whose names are registered
             in the Company’s Register of Shareholders at 4.00 p.m WIT on 24 June 2025 (“Registered
             Shareholders”);
         3. Dividend payment:
             a. Bagi For Registered Shareholders holding share certificates, the dividend payment shall be
                    made through bank transfer to the Shareholders’ bank accounts. These shareholders are
                    required to provide a duly stamped letter stating details of their name, bank name and account
                    number addressed to the Share Registrar, PT Raya Saham Registra (“Registra”) at Plaza
                    Sentral Building, 2nd Floor, Jalan Jendral Sudirman Kav. 47-48, or to the Corporate Secretary of
                    the Company at Jl. Perintis Kemerdekaan No. 42, Jakarta 13210, no later than 4.00 p.m. WIT
                    on 24 June 2025. A duly stamped Rp10,000 copy of the identity card (“KTP”) or passport with
                    the contact address corresponding to the Register of Shareholders is to be enclosed with the
                    request.
             b. For shares that are recorded under collective custody with the Indonesian Central Securities
                    Depository (“KSEI”), the Company will make payments to KSEI, and eligible shareholders will
                    receive their dividend payments through their accounts with KSEI.
         4. The tax on dividends will be calculated in accordance with the prevailing tax regulations;
         5. Eligible Shareholders who are Resident Corporate Taxpayers (‘Resident Corporate Taxpayers’)
             who have not provided their Taxpayer Identification Number (‘NPWP’), are requested to submit a
             photocopy of their NPWP to KSEI or the Registrar no later than 24 June 2025 at 16.00 WIB.
             Without the NPWP, cash dividends paid to such Domestic Corporate Taxpayers will be subject to
             Income Tax in accordance with the prevailing tax laws and regulations;
         6. Based on the prevailing tax laws and regulations, the cash dividend will be exempted from taxation
             if it is received by the shareholders of Resident Indonesian Corporate Taxpayer and the Company
             does not withhold income tax on the cash dividend paid to the Resident Indonesian Corporate


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Page 7
Disclaimer : This is an unofficial translation of the Indonesian version of the Summary of Minutes, and is
provided for reference only.

              Taxpayer. Cash dividends received by shareholders of Resident Individual Taxpayers (‘WPOP DN’)
              will be exempted from tax as long as the dividends are invested in the territory of the Unitary State
              of the Republic of Indonesia within a certain period of time. For domestic taxpayers who do not
              fulfil the investment requirements as referred to above, the cash dividends received by them will be
              subject to income tax in accordance with the applicable laws and regulations, and the income tax
              must be paid by the domestic taxpayers themselves in accordance with the provisions of
              Government Regulation No. 9 of 2021 concerning Tax Treatment to Support the Ease of Doing
              Business.
         7.   Eligible Shareholders who are Foreign Taxpayers and whose withholding tax will use the rate based
              on the Double Taxation Avoidance Agreement (DTAA), must fulfil the requirements of Director
              General of Taxation Regulation No. PER-25/PJ/2018 on Procedures for the Application of the Double
              Taxation Avoidance Agreement and submit the DGT/SKD record proof document or receipt that has
              been uploaded to the Directorate General of Taxation website to KSEI or the Registrar by the
              deadline in accordance with KSEI's rules and regulations. In the absence of such documents, cash
              dividends paid will be subject to Income Tax Article 26 of 20%.

                                             Jakarta, 16 June 2025
                                       Board of Directors of the Company




                                                         7

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Names mentioned 23 people and organisations named in the text · linked when the evidence is strong

linked org SUMMARECON AGUNG Tbk. p.1 ×14
linked person Lydia Tjio p.2 ×3
linked person LILIAWATI RAHARDJO p.4 ×2
possible person Drs. H. Edi Darnadi · Independent Commissioner p.1 ×8
possible person Lexy Arie Tumiwa p.1
possible person Ir. Ge Lilies Yamin p.1
unresolved org Financial Services Authority p.1 ×2
unresolved org Bank Financial Institutions p.1 ×4
unresolved person Ir. Adrianto Pitojo Adi · President Director p.2 ×2
unresolved person Ir. Sharif Benyamin p.2 ×2
unresolved org PT Raya Saham Registra p.3 ×2
unresolved person Kristanti Suryani p.3
unresolved org Indonesia Stock Exchange p.3 ×2
unresolved person SOEGIANTO NAGARIA p.4
unresolved person HERMAN NAGARIA p.4
unresolved person NANIK WIDJAJA p.4
unresolved person JASON LIM · Director p.4
unresolved person SOETJIPTO NAGARIA · President Commissioner p.4
unresolved person HARTO DJOJO NAGARIA p.4 ×3
unresolved person HENDRI RAHARDJA · Commissioner p.4
unresolved org Minister of Law p.5
unresolved person Drs. KRIS ERLANGGA ADJI WIDJAYA Mata Acara Ketujuh p.5 ×2
unresolved org Directorate General of Taxation p.7

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Rule parser Needs review confidence 0.111 919 ms 12 Sep 2026 22:38

no shares_present; no pct_present; no vote table found

Raw output
{'agenda': [], 'is_electronic': False, 'meeting_type': 'OTHER'}
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