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                       Headquarters :




                                        ANNOUNCEMENT
                                      SUMMARY OF MINUTE
                            ANNUAL GENERAL MEETING OF SHAREHOLDERS


The Board of Directors of PT Asuransi Bintang Tbk (hereinafter referred to as the “ Company ”)
hereby notifies the Company's Shareholders that the Company has held an Annual General Meeting
of Shareholders, which was held electronically in accordance with Financial Services Authority
Regulation Number 16/POJK.04/2020 concerning the Implementation of Electronic General
Meetings of Shareholders of Public Companies (hereinafter referred to as the “ Meeting ”), namely;


A. Meeting Organization

    Day/Date : Wednesday, April 30, 2025
    Time     : 10.31 WIB to 11.37 WIB.
    Place    : Head Office of PT Asuransi Bintang Tbk
               Jl. RSFatmawati No. 32, South Jakarta


B. The meeting was attended by the Board of Directors, and Board of Commissioners
   and Shareholders

         Mr. Ronald Waas                           : President Commissioner and concurrently
                                                      Independent Commissioner
         Mr. Hastanto Sri Margi Widodo             : President Director
         Mrs. Reniwati Darmakusumah                : Director
         Mr. Jenry Cardo Manurung                  : Director
         Mr. Zafar Dinesh Idham                    : Compliance Director
         As well as Shareholders and/or shareholder proxies who represent 91.0384% of the shares
          or 317,165,375 of the 348,386,472 shares which constitute the total number of shares with
          valid voting rights issued by the Company.
          Thus, the requirements for the quorum of the Meeting have been met and are in
          accordance with the provisions of Article 23 paragraph 1 letter a, paragraph 9 letter a and
          paragraph 10 letter b of the Company's Articles of Association .
          The Company has also appointed an independent party, namely Notary Ir. Nanette
          Cahyanie Handari Adi Warsito, SH and PT Bima Registra in calculating and/or validating
          votes .


C. Meeting Mechanism and Decision Making

    For each agenda of the Meeting, after the description and explanation, the Shareholders are
    given the opportunity to submit questions or opinions. After there are no more questions,
    opinions from the Shareholders, the Meeting continues with decision making which is done
    based on voting.


D. Meeting Decision Results

        First Agenda                         Board of Directors' Report on Company Activities for the 2024 Financial Year
        Number of Shareholders               There are no questions
        who asked
        Voting Results                       Agree                                             Don't agree            Abstain



                PT. Asuransi Bintang, Tbk
                Call Center              : 1500481 (24 jam)
                SMS Center               : 0838 888 4581
                WhatsApp Center          : 0852 1955 3416
                Website                  : www.asuransibintang.com
                FB: asuransibintangtbk, IG: asuransibintangofficial, X: asuransibintang YT: asuransibintangofficial
Page 2
               Headquarters :




                                     317,165,375 shares or 100%                        There isn't any        There isn't any
Meeting Decision                     The meeting with the most votes of 317,165,375 shares or 100% of the total number
                                     of votes cast at the Meeting decided:
                                      1.    Accepting the Board of Directors' report on the Company's activities and the results
                                            achieved during the 2024 financial year and ratifying the Consolidated Financial
                                            Position Statement and Consolidated Profit and Loss Statement and Other
                                            Comprehensive Income of the Company which have been audited by the Public
                                            Accounting Firm Mirawati Sensi Idris member of Moore Global Network Limited for
                                            the financial year ended 31 December 2024, as evident from its report No.
                                            00484/2.1090/AU.1/08/0154-4/1/III/2025 dated 25 March 2025 with an
                                            unqualified opinion and accepting the supervisory report carried out by the
                                            Company's Board of Commissioners.



Second Agenda                        Approval of the Company's Financial Position Report and Profit and Loss and
                                     Other Comprehensive Income Report for the Year
Number of Shareholders               There are no questions
who asked
                                     Agree                                             Don't agree            Abstain
Voting Results
                                     317,165,375 shares or 100%                        There isn't any        There isn't any
Meeting Decision                     The meeting with the most votes of 317,165,375 shares or 100% of the total number
                                     of votes cast at the Meeting decided:
                                      1.    With the receipt of the Company's activity report and the ratification of the
                                            Consolidated Financial Position Report and the Consolidated Profit and Loss and
                                            Other Comprehensive Income Report of the Company for the financial year ending
                                            on December 31, 2024, it also means granting full release and discharge ( aquit
                                            et de charge ) to the Company's Board of Directors and Board of Commissioners
                                            for the management and supervisory actions they carried out during the 2024
                                            financial year to the extent that such management and supervisory actions are
                                            reflected in the Consolidated Financial Position Report and the Consolidated Profit
                                            and Loss and Other Comprehensive Income Report of the Company.



Third Agenda                         Use of Profits for the 2024 Fiscal Year
Number of Shareholders               There are no questions
who asked
                                     Agree                                             Don't agree            Abstain
Voting Results
                                     317,165,375 shares or 100%                        There isn't any        There isn't any
Meeting Decision                     The meeting with the most votes of 317,165,375 shares or 100% of the total number
                                     of votes cast at the Meeting decided:
                                      1.    Approve and decide on the use of profits for the 2024 financial year as recorded
                                            in the Company's Consolidated Financial Position Statement and Consolidated
                                            Comprehensive Income Statement for the financial year ended December 31,
                                            2024. The Company has obtained a net profit of Rp 9,899,005,173,-
                                             a. Approved to set aside the retained earnings as a reserve fund of
                                                 approximately 5% of the net profit for the 2024 financial year of
                                                 approximately 5% of the net profit for the 2024 financial year of Rp.
                                                 494,950,259,-
                                             b. Approved to pay dividends on 348,386,472 shares of Rp 3.5 per share or Rp.
                                                 1,219,352,652,-
                                             c. Agreed to retain the remaining profit of Rp. 8,184,702,262,- in the Company's
                                                 retained earnings.
                                             d. Agreed to pay Profit Mark on 595 certificates amounting to Rp. 110,000,- per
                                                 certificate or Rp. 65,450,000,- which is charged to the consolidated


        PT. Asuransi Bintang, Tbk
        Call Center              : 1500481 (24 jam)
        SMS Center               : 0838 888 4581
        WhatsApp Center          : 0852 1955 3416
        Website                  : www.asuransibintang.com
        FB: asuransibintangtbk, IG: asuransibintangofficial, X: asuransibintang YT: asuransibintangofficial
Page 3
               Headquarters :




                                                   statement of profit and loss and other comprehensive income for the current
                                                   year upon payment.



Fourth Agenda                        Changes to the Company's Management Composition
Number of Shareholders               There are no questions
who asked
                                     Agree                                             Don't agree                       Abstain
Voting Results
                                     317,165,375 shares or 100%                        There isn't any                   There isn't any
Meeting Decision                     The meeting with the most votes of 317,165,375 shares or 100% of the total number
                                     of votes cast at the Meeting decided:
                                      1.    Reappointing all of the Company's Board of Commissioners, each for a term of 3
                                            (three) years, starting from the closing of the Meeting until the closing of the
                                            Company's Annual General Meeting of Shareholders in 2028 as follows:
                                              -      Mr. Ronald Waas                                      President            Commissioner
                                                                                                          concurrently
                                                                                                          Independent Commissioner
                                              -      Mr. Petronius Saragih                                Commissioner
                                              -      Mr. Chaerul D. Djakman                               Independent Commissioner
                                              -      Mr. Krishna Suparto                                  Independent Commissioner


                                      2.    The reappointment of Mr. Ronald Waas, Mr. Chaerul Djusman Djakman, and Mr.
                                            Krishna Suparto as Independent Commissioners based on the Independent
                                            Commissioner’s statement of independence dated April 25, 2025.

                                      3.    Granting authority with the right of substitution to the Company's Board of
                                            Directors, either individually or jointly, to take all necessary actions related to the
                                            decisions above, including but not limited to declaring the appointment of
                                            members of the Company's Board of Commissioners with the composition as
                                            stated in the Decision of this Meeting in a separate Notarial deed and notifying and
                                            registering the results of the decisions of this Meeting to the Ministry of Law and
                                            Human Rights of the Republic of Indonesia and other related agencies and taking
                                            all actions deemed necessary and useful in accordance with applicable laws and
                                            regulations to implement the decisions of this Meeting properly.



Fifth Agenda                         Determination of Salaries and/or Other Allowances for Members of the Board
                                     of Directors and Members of the Board of Commissioners of the Company
Number of Shareholders               There are no questions
who asked
                                     Agree                                             Don't agree                       Abstain
Voting Results
                                     317,165,375 shares or 100%                        There isn't any                   There isn't any
Meeting Decision                     The meeting with the most votes of 317,165,375 shares or 100% of the total number
                                     of votes cast at the Meeting decided:
                                     Agree:
                                      1.    Granting authority to the Company's Board of Commissioners to determine the
                                            amount of salary and/or other allowances including bonuses for members of the
                                            Company's Board of Directors.
                                      2.    Determine the amount of salary and/or other allowances for all members of the
                                            Company's Board of Commissioners at a maximum of Rp. 170,000,000,- per month
                                            after deducting income tax and grant power to the Company's Board of


        PT. Asuransi Bintang, Tbk
        Call Center              : 1500481 (24 jam)
        SMS Center               : 0838 888 4581
        WhatsApp Center          : 0852 1955 3416
        Website                  : www.asuransibintang.com
        FB: asuransibintangtbk, IG: asuransibintangofficial, X: asuransibintang YT: asuransibintangofficial
Page 4
                     Headquarters :




                                                  Commissioners to determine the amount of bonuses for all members of the
                                                  Company's Board of Commissioners.



      Sixth Agenda                         Appointment of Public Accounting Firm and Public Accountant for the 2025
                                           Financial Year
      Number of Shareholders               There are no questions
      who asked
                                           Agree                                             Don't agree                       Abstain
      Voting Results
                                           317,165,375 shares or 100%                        There isn't any                   There isn't any
      Meeting Decision                     The meeting with the most votes of 317,165,375 shares or 100% of the total number
                                           of votes cast at the Meeting decided:
                                            1.    Delegating authority to the Company's Board of Commissioners to select and
                                                  appoint a Public Accounting Firm and a registered Public Accountant to audit the
                                                  Company's books for the 2025 financial year based on the recommendation of the
                                                  Audit Committee and/or selecting and appointing a Public Accounting Firm or
                                                  Public Accountant who for any reason whatsoever is unable to conduct or complete
                                                  the audit, and granting authority to the Company's Board of Directors and Board
                                                  of Commissioners to determine the honorarium and other requirements for the
                                                  appointment.



E. Schedule and Procedures for Dividend Distribution for Fiscal Year 2024

       Dividend Distribution Schedule

        a.   Cum Dividend in Regular Market and Negotiation Market                                        :         May 9, 2025
        b.   Ex Dividend in Regular Market and Negotiation Market                                         :         May 14, 2025
        c.   Cum Dividend in Cash Market                                                                  :         May 15, 2025
        d.   Ex Dividend in Cash Market                                                                   :         May 16, 2025
        e.   Recording Date                                                                               :         May 15, 2025
        f.   Cash Dividend Payment Date                                                                   :         May 28, 2025

       Dividend Distribution Procedures:

         a. Cash Dividends will be distributed to Shareholders whose names are registered in the
            Company's Shareholders Register on May 15, 2025 at 16.00 WIB .
         b. The distribution of dividends will be subject to income tax in accordance with
            applicable laws and regulations.
         c. For shareholders whose shares have been converted into a non-script form or whose
            shares have been registered in the Collective Custody of the Indonesian Securities
            Exchange (KSEI), dividends will be received through the Account Holder at KSEI.
         d. For shareholders who still use paper (physical), dividends will be paid by sending a
            cash check to the shareholder's address.
         e. For Shareholders who still use paper (physical) or have not converted shares who wish
            to have dividend payments made through transfers to their bank accounts, they can
            notify the Securities Administration Bureau: PT Bima Registra, Satrio Satrio Tower
            Building, 9th Floor, Jl. Prof. DR. Satrio Blok C5, Kuningan Timur, South
            Jakarta 12950, Indonesia Phone (021) 2598-4818 no later than May 15, 2025
            at 16.00 WIB .
         f. For Shareholders who are Foreign Taxpayers whose tax deductions will use rates
            based on the Double Taxation Avoidance Agreement (“P3B”), they must fulfill the
            requirements of the Regulation of the Director General of Taxes No. PER-25/PJ/2018


              PT. Asuransi Bintang, Tbk
              Call Center              : 1500481 (24 jam)
              SMS Center               : 0838 888 4581
              WhatsApp Center          : 0852 1955 3416
              Website                  : www.asuransibintang.com
              FB: asuransibintangtbk, IG: asuransibintangofficial, X: asuransibintang YT: asuransibintangofficial
Page 5
       Headquarters :




concerning Procedures for Implementing Double Taxation Avoidance and must submit
the original Certificate of Domicile from their country of origin or a legalized photocopy
to the Company's Securities Administration Bureau no later than May 15, 2025 at
16.00 WIB . For late receipt of the certificate, the withholding of Article 26 Income
Tax will be calculated based on a rate of 20% (twenty percent).


                              Jakarta, May 5, 2025
                              PT Star Insurance Tbk
                        Board of Directors of the Company



                                                    ***




PT. Asuransi Bintang, Tbk
Call Center              : 1500481 (24 jam)
SMS Center               : 0838 888 4581
WhatsApp Center          : 0852 1955 3416
Website                  : www.asuransibintang.com
FB: asuransibintangtbk, IG: asuransibintangofficial, X: asuransibintang YT: asuransibintangofficial

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

linked org Asuransi Bintang Tbk p.1 ×15
linked person Ronald Waas p.1 ×5
linked person Hastanto Sri Margi Widodo p.1
linked person Zafar Dinesh Idham p.1
linked person Krishna Suparto · Independent Commissioner p.3 ×3
possible person Prof. DR. Satrio p.4
unresolved org Financial Services Authority p.1
unresolved person Reniwati Darmakusumah p.1
unresolved person Jenry Cardo Manurung p.1
unresolved person Notary Ir. Nanette Cahyanie Handari Adi Warsito p.1 ×2
unresolved org PT Bima Registra p.1 ×2
unresolved org Moore Global Network Limited p.2
unresolved person Petronius Saragih p.3
unresolved person Chaerul D. Djakman p.3
unresolved person Chaerul Djusman Djakman p.3
unresolved org Ministry of Law p.3
unresolved org Star Insurance Tbk p.5 ×2

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