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20250505_WSKT_Ringkasan Risalah//Risalah RUPS_31882429_lamp4.pdf

RUPS minutes Needs review WSKT

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Page 1
                                     MINUTES OF MEETING
                        THE GENERAL MEETING OF SHAREHOLDERS'
                                       YEARBOOK OF 2024
                             PT WASKITA KARYA (PERSERO) Tbk

The Board of Directors of PT Waskita Karya (Persero) Tbk (hereinafter referred to as the
“Company”) hereby notify the shareholders of the Company that the Company has held The
General Meeting of Shareholders’ Yearbook of 2024 (hereinafter referred to as “Meeting”) as follows:

A.   On:
     Day/Date           : Tuesday, April 29th, 2025
     Time               : From 02:05 P.M until 04:05 P.M Western Indonesia Time
     Venue              : Waskita Heritage Building, 11th floor Jl MT Haryono No. 10 RT 11 RW 11
                          Cipinang Cempedak, Jatinegara, East Jakarta, Jakarta 13340.

     With the following agendas:
     1. Approval of the Annual Report, Ratification of the Company's Consolidated Financial
         Statements, Approval of the Board's Oversight Task Report, and Ratification of the Financial
         Statements of the Micro and Small Business Financing Program (PUMK) for Fiscal Year 2024,
         along with Settlement and Complete Release (volledig acquit et de charge) of
         Responsibilities to the Board of Directors for Corporate Management Actions and to the
         Board of Commissioners for Corporate Oversight Actions Carried Out During Fiscal Year
         2024.
     2. Appointment of a Public Accounting Firm to conduct Audit of the Company's Consolidated
         Financial Statements Micro and Small Business Financing Program (PUMK) Reports for the
         Fiscal Year 2025.
     3. Determination of Salaries/Honorariums including Facilities and Allowances for the Board of
         Directors and Board of Commissioners of the Company for the Fiscal Year 2025, as well as
         Bonuses/Performance Incentives/Special Incentives for the Board of Directors and Board of
         Commissioners of the Company for Performance in Fiscal Year 2024.
     4. Approval of Guaranteeing More Than 50% (fifty percent) of the Company's Net Assets in
         Relation to the Amendment of the Pledged Account as a Subsequent Condition to the Master
         Restructuring Agreement Amendment.
     5. Report on the Use of Proceeds from Capital Injection through Limited Public Offering II with
         Pre-emptive Rights 2021.
     6. Report on the Use of Proceeds from Public Offering of Bonds IV and Mudharabah Sukuk I
         Waskita Karya in 2022.
     7. Changes of the Compositions of the Company’s Management.

B.   The Company’s members of the Board of Commissioners and the Board of Directors, who are
     present at the Meeting are as follows:

     Board of Commissioners:
      a. President/Independent Commisioner                   :   Heru Winarko
      b. Commissioner                                        :   T. Iskandar
      c. Commissioner                                        :   Dedi Syarif Usman
      d. Independent Commissioner                            :   Muhamad Salim
      e. Independent Commissioner                            :   Addin Jauharudin
      f. Independent Commissioner                            :   Muradi
Page 2
     Board of Directors:
      a. President Director                                         :   Muhammad Hanugroho
      b. Director of Finance                                        :   Wiwi Suprihatno
      c. Director of Risk Management, Legal, and Quality,           :   Anton Rijanto
          Safety, Health & Environment
      d. Director of Business Strategic, Portfolio, and             :   Rudi Purnomo
          Human Capital
      e. Director of Operation I                                    :   Ari Asmoko
      f. Director of Operation II                                   :   Dhetik Ariyanto

C.   The Meeting was attended by 23.231.002.969 shareholders including Series A Dwiwarna share,
     which have valid voting rights or equal to approximately 80,6441441% of total shares with valid voting
     rights issued by the Company.

D. During the Meeting, an opportunity was given to raise questions and/or provide responses
   regarding each agenda item
     – During the First Meeting Agenda, there was 1 question from Mr. BENJAMIN
       SOEGIPTO, the holder/owner of 72,000 shares;
     – During the Second, Third, and Fourth Meeting Agenda, there was no questions were
       raised by the Company’s shareholders;
     – During the Fifth and Sixth Meeting Agenda the Agenda items were for reporting
       purposes only and for the Seventh Meeting Agenda the Agenda was not discussed
       during the Meeting.

E.   The mechanism of decision-making during the Meeting was as follows:
     - According to Article 25 paragraph (15) of the Company's Articles of Association, resolution-
        making during the Meeting was made by deliberation to reach a consensus under Article 28
        of Financial Services Authority Regulation No. 15/POJK.04/2020 concerning the planning
        and implementation of the public company shareholder general meeting, an electronic proxy
        can be given through eASY.KSEI, therefore decision-making during the Meeting was made
        through voting.
     - According to Article 25 paragraph (10) of the Company’s Articles of Association, If the
        shareholders with valid voting rights wish to abstain (not giving any vote) during the
        Meeting, thus said shareholder is considered to vote the same with the majority of
        shareholders’ vote.

F.   Voting and percentage of Meeting resolutions from all shares with voting rights who presentat
     the Meeting are:

                                                                               Total Approve
           Agenda          Approve             Against             Abstain
                                                                                    Votes
        1st Agenda     23.163.388.893     109.790 votes      67.504.286 votes 23.230.893.179
                       votes or           or                 or approximately votes or
                       approximately      approximately      0,29%            approximately
                       99,70%             0,00%                               99,99%
        2nd Agenda     23.130.540.648     40.761.089         59.701.232 votes 23.190.241.880
                       votes or           votes or           or approximately votes or
                       approximately      approximately      0,25%            approximately
                       99,56%             0,17%                               99,82%
Page 3
                                                                              Total Approve
          Agenda          Approve              Against         Abstain
                                                                                   Votes
       3rd Agenda     23.168.251.747 3.049.990 votes 59.701.232 votes 23.227.952.979
                      votes or          or                or approximately votes or
                      approximately     approximately     0,25%              approximately
                      99,72%            0,01%                                99,98%
       4th Agenda     21.950.026.942 1.221.274.795        59.701.232 votes 22.009.728.174
                      votes or          votes or          or approximately votes or
                      approximately     approximately     0,25%              approximately
                      94,48%            5,52%                                94,74%
       5th Agenda            th
                      The 5 Agenda is considered as Reporting. Therefore, no decision is
                      made. The Meeting received a report on the Realization of the Use of
                      Proceeds from the Capital Increase through Pre-Emptive Rights via the
                      Second Limited Public Offering in 2021
       6th Agenda    The 6th Agenda is considered as Reporting. Therefore, no decision is made.
                     The Meeting received a report on the Report on the Use of Proceeds from
                     Public Offering of Bonds IV and Mudharabah Sukuk I Waskita Karya in
                     2022.Realization of the Use of Proceeds from the Public Offering of Waskita
                     Karya Bonds IV and Sukuk Mudharabah I 2022 as of December 31st, 2023.
       7th Agenda    The 7th Agenda did not involve any changes to the Company’s Management
                     as per the letter from the Minister of State-Owned Enterprises, No. SR-
                     111/MBU/DSI/04/2025, regarding the Notification of the Agenda on
                     Changes to the Company’s Management. Therefore, no discussion was held
                     on Agenda Item 7.

G.   The Meeting resolutions are as follows:
     The First Agenda:
      1. Approval of the Company's Annual Report, including the Board of Commissioners’
         Supervisory Report and the Implementation Report of the Corporate Social and
         Environmental Responsibility Program for the fiscal year 2024, ending on December 31,
         2024.
      2. Ratification of:
            a. The Company’s Consolidated Financial Statements for the fiscal year 2024, ending on
                December 31, 2024, audited by the Public Accounting Firm (KAP) Heliantono &
                Partners      (Parker     Russell International)    according     to   Report     No.
                00231/2.0459/AU.1/03/0916 1/1/III/2025 dated March 20, 2025, with the opinion
                "Fair, in all material respects";
            b. The Financial Statements of the Micro and Small Business Funding Program for the
                fiscal year 2024, ending on December 31, 2024, audited by KAP Heliantono & Partners
                (Parker Russell International) according to Report No. 00377/2.0459/AU.2/03/0916-
                1/1/III/2025 dated March 28, 2025, with the opinion "Fair, in all material respects."
      3. Granting full discharge and acquittal (volledig acquit et de charge) to all members of the
         Board of Directors for the management actions and to all members of the Board of
         Commissioners for the supervisory actions they have undertaken during the fiscal year
         2024, ending on December 31, 2024, provided that these actions do not constitute a
         criminal offense and are reflected in the reports mentioned above.
Page 4
The Second Agenda:
 1. Granting authority and power to the Board of Commissioners to appoint a Public Accountant
    and/or Public Accounting Firm to conduct audits on the Company’s Consolidated Financial
    Statements for the fiscal year 2025 and any other period within fiscal year 2025, or to audit
    specific financial statements in 2025, as well as the Financial Statements and
    Implementation of the Micro and Small Business Funding Program (UMK) for fiscal year
    2025, with prior approval from the Series A Dwiwarna Shareholders.
 2. Granting authority and power to the Board of Commissioners to appoint a Public Accountant
    and/or Public Accounting Firm to audit the Company’s Consolidated Financial Statements
    for other periods within fiscal year 2025 for the purposes and interests of the Company.
 3. Granting authority and power to the Board of Commissioners to set the audit fee and other
    terms for the Public Accountant and/or Public Accounting Firm and to appoint a replacement
    Public Accountant and/or Public Accounting Firm if the appointed auditor is unable to
    complete the audit of the Company’s Consolidated Financial Statements, as well as the
    Financial Statements and Implementation of the Micro and Small Business Funding Program
    (UMK) for fiscal year 2025, including setting the audit fee and other terms for the
    replacement auditor.

The Third Agenda:
 1. Granting authority and power to the Series A Dwiwarna Shareholders to determine the
    following for the members of the Board of Commissioners:
        a. Performance Bonus/Incentive/Special Incentive for the performance of the fiscal year
           2024, in accordance with applicable provisions;
        b. Honorarium, along with Facilities and Allowances for fiscal year 2025.
 2. Approval to grant authority and power to the Board of Commissioners with prior written
    approval from the Series A Dwiwarna Shareholders to determine the following for the
    members of the Board of Directors:
        a. Performance Bonus/Incentive/Special Incentive for the performance of the fiscal year
           2024, in accordance with applicable provisions;
        b. Salary, along with Facilities and Allowances for fiscal year 2025.


The Fourth Agenda:
Approval for the Company to provide guarantees exceeding 50% (fifty percent) of the
Company’s net assets in connection with the new pledge of accounts as a continuation
requirement of the Master Restructuring Agreement Amendment.


The Fifth Agenda:
The Fifth Agenda is considered as Reporting. Therefore, no decision is made. The Meeting
received a report on the Use of Proceeds from the Capital Increase through Pre-Emptive Rights
via the Second Limited Public Offering in 2021.


The Sixth Agenda:
The Sixth Agenda is considered as Reporting. Therefore, no decision is made. The Meeting
received a report on the Report on the Use of Proceeds from Public Offering of Bonds IV and
Mudharabah Sukuk I Waskita Karya in 2022.
Page 5
The Seventh Agenda
In connection with the Letter from the Minister of State-Owned Enterprises No. S-
153/MBU/03/2025 dated March 20, 2025, regarding the Proposed Agenda for the 2024 Fiscal
Year Annual General Meeting of Shareholders of PT Waskita Karya (Persero) Tbk, there were
no changes to the Company’s Management during the 2024 Annual GMS of PT Waskita Karya
(Persero) Tbk, as stated in the Minister’s Letter No. SR-111/MBU/DSI/04/2025 concerning the
Notification on the Agenda of Changes to the Company’s Management. Therefore, Agenda Item
Seven was not discussed.



                                  Jakarta, May 2nd, 2025

                                 The Board of Directors

                            PT Waskita Karya (Persero) Tbk

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Names mentioned 17 people and organisations named in the text · linked when the evidence is strong

linked person Heru Winarko p.1
linked person Dedi Syarif Usman p.1
linked person Muhamad Salim p.1
linked person Addin Jauharudin p.1
linked person Muhammad Hanugroho p.2
linked person Wiwi Suprihatno p.2
linked person Anton Rijanto p.2
linked person Rudi Purnomo p.2
linked person Ari Asmoko p.2
linked person Dhetik Ariyanto p.2
possible org WASKITA KARYA (PERSERO) Tbk p.1 ×18
unresolved person BENJAMIN SOEGIPTO p.2
unresolved org Financial Services Authority p.2
unresolved org Minister of State-Owned Enterprises p.3
unresolved org Heliantono & Partners p.3 ×2
unresolved org Heliantono p.3
unresolved org Minister of State-Owned Enterprises No. S- p.5

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