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20250424_KEJU_Ringkasan Risalah//Risalah RUPS_31877747_lamp4.pdf

RUPS minutes Needs review KEJU

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                     ANNOUNCEMENT OF THE SUMMARY OF MINUTES OF
                    THE ANNUAL GENERAL MEETING OF SHAREHOLDERS OF
                                PT MULIA BOGA RAYA Tbk

In order to fulfill the provisions of Article 49 paragraph (1) and Article 51 paragraph (1) of the
Financial Services Authority Regulation Number 15/POJK.04/2020 concerning the Plan and
Implementation of General Meeting of Shareholders of Public Companies ("OJK Regulation
15/2020"), PT Mulia Boga Raya Tbk, a limited company established under the regulations of the
Republic of Indonesia, domiciled in Kabupaten Bekasi and based in Kawasan BIIE, Jalan Inti II Blok
C 7 No. 5-A, Desa Cibatu, West Java ("Company"), hereby notify the shareholders of the Company
regarding the Summary of Minutes of the Annual General Meeting of Shareholders for Fiscal Year
2024 (hereinafter referred to as “Meeting”), in accordance with the minutes of Meeting as set
out in Deed of Minutes of Meeting dated April 22, 2025 Number 22, made before Liestiani Wang,
S.H, M.Kn., Notary in South Jakarta, as follows:

A. Date, time, and venue of Meeting

   Day/Date          : Tuesday, April 22, 2025

   Time              : 09.15 to 09.58 Western Indonesian Time

   Venue             : Ballroom Arosa 1 dan Arosa 2, Hotel Arosa Jakarta, Jalan RC Veteran
                       Nomor 3, South Jakarta

B. Agenda of Meeting

  1.   Approval of the Annual Report and ratification of the Company’s Financial Statement
       including the Board of Commissioner’ Supervisory Report for the fiscal year ended on 31
       December 2024;
  2.   Determination of the use of Company’s net profit for the fiscal year ended on 31 December
       2024;
  3.   Determination of honorarium and benefits for members of the Board of Commissioners of
       the Company and salary and benefits for members of the Board of Directors for fiscal year
       2025;
  4.   Appointment of the Public Accountant to audit the Company’s Financial Statement for the
       fiscal year ended on 31 December 2025; and
  5.   Approval of changes in the composition of the Company’s management.




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C. Members of the Board of Commissioners and Board of Directors attended the Meeting

  Board of Commissioners
   Commissioner                    : Paulus Tedjosutikno
   Commissioner                    : Eduardus Maurits Klavert
   Independent Commissioner        : Drs. Maurits D. R. Lalisang

  Board of Directors:
   President Director              : Indrasena Patmawidjaja
   Director                        : Jeffry Halim
   Director                        : Ari Sutanto


D. Shareholders attended the Meeting

  The Meeting was attended by shareholders representing a total of 5.373.540.650 shares in
  the Company who have valid voting rights equal to 95,53% of the total shares with valid voting
  rights that have been issued by the Company.

E. The Questions and Answers session and/or provisions of opinion with regard to the agenda
   of the Meeting

  At the end of each discussion of the agenda of the Meeting, the Chairman of the Meeting gave
  the opportunity to the shareholders, or its proxies presented in the Meeting to raise a
  question and/or gave an opinion regarding the Meeting agenda.

  During the question and answer session provided by the Chairman of the Meeting for each
  agenda item, there were two (2) questions raised by shareholders who were physically
  present, specifically during the second agenda item of the Meeting.

F. The number of shareholders raising questions and/ or provide opinions regarding the agenda
   of the Meeting

                                                                   Number of Shares Owned or
    Agenda of the Meeting         Number of Shareholders           Represented by the Owner/
                                                                   Holder
    Agenda-1                  :                 -                              -
    Agenda-2                  :              1 (one)                          375
    Agenda-3                  :                 -                              -
    Agenda-4                  :                 -                              -
    Agenda-5                  :                 -                              -

G. Voting mechanism of the Meeting

  In accordance with the provisions of Article 12 paragraph (13) of the Articles of Association of
  the Company which are also included in the Code of Conduct of the Meeting which has been
  distributed to the shareholders and/or its representative present at the Meeting, all decisions
  in General Meeting of Shareholders are taken based on the mutual consensus. In the event that
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  a decision is not reached, based on deliberation and consensus, the decision is taken by a voting
  mechanism with the terms as follows:

   -    for agenda items that require a resolution in the Meeting, in accordance with the
        provisions of Article 12 paragraph (2) points i and iii of the Company's Articles of
        Association, a resolution of the Meeting is deemed valid if approved by more than half
        (1/2) of the total shares with voting rights present at the Meeting.

H. Resolution

  The resolution for the agenda of the Meeting was made through voting, with the result as
  stated below:

       Agenda of the Meeting            Approve           Disapprove                 Abstain
                                  5.373.540.650 shares/
              Agenda-1                                          -                       -
                                         (100%)
                                  5.373.540.650 shares/
              Agenda-2                                          -                       -
                                         (100%)
                                  5.373.540.650 shares/
              Agenda-3                                          -                       -
                                         (100%)
                                  5.373.349.350 shares/ 191.300 shares/
              Agenda-4                                                                  -
                                        (99,99%)            (0,01%)
                                  5.373.540.650 shares/
              Agenda-5                                          -                       -
                                         (100%)

I. Resolution

  A. The 1st Agenda of Meeting

        1.   To approve and duly accept the Company’s Annual Report for the financial year ending
             on December 31, 2024, including the Report of the Board of Directors and the
             Supervisory Report of the Board of Commissioners.
        2.   To ratify the Company’s Financial Statements for the financial year ending on
             December 31, 2024, which have been audited by Public Accountant Ely No. AP. 1737,
             from the Public Accounting Firm Rintis, Jumadi, Rianto & Partners (a member firm of
             the PwC Global Network), as stated in report number 00219/2.1457/AU.1/04/1737-
             4/1/III/2025 dated March 1, 2025, with reasonable opinions in all material matters.
        3.   To grant full release and discharge (acquit et de charge) to all members of the Board of
             Directors and the Board of Commissioners of the Company for the management and
             supervisory actions carried out during the financial year ending on December 31, 2024,
             to the extent that such actions are reflected in the Company’s Annual Report and
             Financial Statements.

  B. The 2nd Agenda of Meeting

        To approve the use of the net profit for the financial year ending on December 31, 2024,
        amounting to IDR 146,880,537,264 (one hundred forty-six billion eight hundred eighty million
        five hundred thirty-seven thousand two hundred sixty-four Rupiah), to be allocated as follows:
                                                                                                      3
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   1. An amount of IDR 13 per share or IDR 73,124,999,987 (seventy-three billion one hundred
      twenty-four million nine hundred ninety-nine thousand nine hundred eighty-seven
      Rupiah), or approximately 49.8% of the net profit for the financial year 2024, is designated
      as the cash dividend for the financial year 2024, which will be distributed in cash to all
      shareholders on May 20, 2025. The list of shareholders entitled to receive the dividend is
      those who are registered as shareholders on May 5, 2025, at 16:00 WIB. Furthermore, the
      Board of Directors is granted full authority and power to arrange the procedures for the
      payment of the said cash dividend.
   2. An amount of IDR 2,000,000,000 (two billion Rupiah) is designated as a mandatory reserve
      to comply with the provisions of Article 70 of the Limited Liability Company Law No. 40 of
      2007, with its usage in accordance with Article 21 of the Company’s Articles of Association.
   3. The remaining amount of IDR 71,755,537,277 (seventy-one billion seven hundred fifty-five
      million five hundred thirty-seven thousand two hundred seventy-seven Rupiah) is allocated
      as a general reserve with no specified use.

C. The 3rd Agenda of Meeting

   1. To approve the granting of power and authority to the Board of Commissioners of the
      Company to determine the honorarium, salary, benefits, allowances, and other
      remuneration packages for the members of the Board of Directors and the Board of
      Commissioners of the Company for the year 2025, taking into account the Company’s
      financial condition.
   2. To approve the granting of power and authority to the Board of Commissioners of the
      Company to determine the allocation among the members of the Board of Commissioners
      and the Board of Directors in relation to item 1 (one) above, in accordance with the
      provisions of the Company’s Articles of Association as well as applicable laws and
      regulations.

D. The 4th Agenda of Meeting

   1. To approve the granting of power and authority to the Board of Commissioners of the
      Company to appoint a Public Accounting Firm registered with the Financial Services
      Authority to audit the Company’s Financial Statements for the financial year ending on
      December 31, 2025, while taking into account the recommendations of the Company’s
      Audit Committee.
   2. To approve the granting of power and authority to the Board of Commissioners of the
      Company to determine other terms and the amount of audit fees, taking into account the
      reasonableness and the scope of the audit work.

E. The 5th Agenda of Meeting

   1. To accept the resignation of Mr. Peter Wiradjaja as the Director of the Company, effective
      as of the closure of this Meeting.
   2. To approve the reappointment of Mr. Drs. Herbudianto as the Independent Commissioner
      of the Company, effective as of the closure of this Meeting, for a term of 5 (five) years from
      the date of his appointment, ending at the closure of the fifth Annual General Meeting of
      Shareholders to be held in 2030, without prejudice to the right of the General Meeting of
      Shareholders to dismiss him at any time.


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    Therefore, without prejudice to the right of the Company's General Meeting of
    Shareholders to dismiss them at any time, the composition of the Company's Board of
    Directors and Board of Commissioners since the closing of this Meeting are as follows:

    Board of Directors:
    President Director                   : Mr. Indrasena Patmawidjaja
    Director                             : Mr. Jeffry Halim
    Director                             : Mr. Ari Sutanto

    Board of Commissioners:
    President Commissioner            : Mr. Hardianto Atmadja
    Commissioner                      : Mr. Paulus Tedjosutikno
    Commissioner                      : Mr. E. Maurits Klavert
    Independent Commissioner          : Mr. Drs. Herbudianto
    Independent Commissioner          : Mr. Drs. Maurits D. R. Lalisang
3. To approve the granting of power and authority to each member of the Board of Directors
   of the Company, either individually or collectively with the right of substitution, to take all
   necessary actions in connection with the resolution of this agenda item, including but not
   limited to preparing and restating the resolution into a notarial deed, submitting
   notifications to the relevant authorities to obtain notification of the Company’s data
   changes, and doing everything deemed necessary and useful for such purposes.

Furthermore, in accordance with the resolution of agenda item 2 as mentioned above, where
the Meeting has decided to pay a cash dividend from the Company’s net profit for the financial
year 2024 of IDR 13 (thirteen Rupiah) per share, or equivalent to IDR 73,124,999,987 (seventy-
three billion one hundred twenty-four million nine hundred ninety-nine thousand nine hundred
eighty-seven Rupiah), which will be distributed to the shareholders of the Company, the
following is the notification regarding the schedule and procedures for the payment of the cash
dividend for the financial year 2024:

Schedule of Cash Dividend Distribution

  No.                               INFORMATION                                       DATED
   1.    End of Stock Trading Period with Dividend Rights (Cum Dividend):
            -     Regular dan Negotiation Markets;                                April 30, 2025
            -     Cash Market.                                                     May 5, 2025
  2.     Early of Stock Trading Period Without Dividend Rights (Ex Dividen):
            -     Regular dan Negotiation Markets;                                 May 2, 2025
            -     Cash Market.                                                     May 6, 2025
  3.     Date of List of Shareholders Entitled to received Dividend (Recording
         Date)                                                                    May 5, 2025
  4.     Date of Cash Dividend Payment                                            May 20, 2025

Procedures for Distributing Cash Dividends

1. The Cash Dividend will be distributed to the Company's shareholders whose names are
   listed in the Shareholders Register ("DPS") or recording date on May 5, 2025 (recording
   date) and/or Owners of the company's shares on the securities account at the Indonesian
   Central Securities Depository ("KSEI") at the close of trading on May 5, 2025.

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2. For Shareholders of the Company whose shares are included in KSEI's collective custody,
   cash dividend payments will be made through KSEI and will be distributed on May 20, 2025,
   into the Customer Fund Account (RDN) at the Securities Company and/or Custodian Bank
   where the Shareholders open a securities account. As for the shareholders of the Company
   whose shares are not included in the collective custody of KSEI, the cash dividend payment
   will be transferred to the account of the shareholders of the Company.
3. The Cash Dividend will be taxed in accordance with the applicable tax laws and regulations.
4. Based on the applicable tax laws and regulations, the cash dividend will be excluded from
   the tax object if it is received by the shareholders of the domestic corporate taxpayer (“DN
   Entity Taxpayer”) and the Company does not deduct Income Tax on the cash dividends paid
   to the DN Entity Taxpayer. Cash dividends received by shareholders of domestic individual
   taxpayers (“WPOP DN”) will be excluded from the tax object as long as the dividends are
   invested in the territory of the Unitary State of the Republic of Indonesia. For WPOP DN
   that does not meet the investment provisions as mentioned above, the dividends received
   by the DN concerned will be subject to income tax ("PPh") in accordance with the provisions
   of the applicable laws and regulations, and the PPh must be paid by the WPOP DN
   concerned himself with the provisions of Government Regulation No. 9 of 2021 concerning
   Tax Treatment to Support the Ease of Doing Business.
5. Shareholders of the Company may obtain confirmation of dividend payments through
   securities companies and or custodian banks where shareholders of the Company open a
   securities account, then the shareholders of the Company must be responsible for reporting
   the dividend receipts referred to in tax reporting for the tax year concerned in accordance
   with the applicable tax laws and regulations.
6. For shareholders who are foreign tax residents and whose tax withholding will use the rate
   based on the Double Taxation Avoidance Agreement (“DTAA”), they are required to comply
   with the provisions of the Director General of Taxes Regulation No. PER-25/PJ/2018
   regarding the Procedures for Implementing the Double Taxation Avoidance Agreement, and
   submit the evidence of record or receipt from the DGT or the Certificate of Domicile (SKD)
   that has been uploaded to the Directorate General of Taxes website to KSEI or the Share
   Registrar Bureau of PT Bima Registra (“BAE”) within 3 (three) business days after the
   recording date. Shareholders who are entitled to Dividend in accordance with the rules and
   regulations of KSEI. Without the required documents, the cash dividend paid will be subject
   to withholding tax (PPh) Article 26 at a rate of 20%.
7. For Shareholders who are Overseas Taxpayers whose shares are in the collective custody of
   KSEI, evidence of dividend tax withholding can be collected at the Securities Company
   and/or Custodian Bank where the Shareholders open securities accounts and for Clearing
   Shareholders it can be collected at BAE.

                                Jakarta, April 24, 2025
                               PT Mulia Boga Raya Tbk
                               The Board of Directors




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Names mentioned 16 people and organisations named in the text · linked when the evidence is strong

linked org MULIA BOGA RAYA Tbk p.1 ×8
linked person Indrasena Patmawidjaja p.2 ×2
linked person Jeffry Halim p.2 ×2
linked person Ari Sutanto p.2 ×2
linked person Peter Wiradjaja p.4
linked person Hardianto Atmadja p.5
possible person Paulus Tedjosutikno p.2 ×2
possible person Drs. Herbudianto p.4
unresolved org Financial Services Authority p.1 ×2
unresolved person Liestiani Wang · Notaris p.1
unresolved person Drs. Maurits D. R. Lalisang p.2 ×2
unresolved org Rianto & Partners p.3
unresolved person E. Maurits Klavert Independent p.5 ×3
unresolved person Drs. Herbudianto Independent p.5
unresolved org Directorate General of Taxes p.6
unresolved org PT Bima Registra p.6

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