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20250417_ARKO_Ringkasan Risalah//Risalah RUPS_31876305_lamp2.pdf

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                                                                                                        PT ARKORA HYDRO TBK
                                                                                                 Treasury Tower Level 9 Unit G-H
                                                                                                            District 8 SCBD Lot 28
                                                                                                     Jl. Jend. Sudirman Kav 52-53
                                                                                                          Jakarta 12190, Indonesia
                                                                                                   Telephone +62 (021) 50333144
                                                                                                                  www.arkora.com


                        ANNOUNCEMENT OF SUMMARY OF TREATURE
                      ANNUAL GENERAL MEETING OF SHAREHOLDERS 2025
                                 PT ARKORA HYDRO Tbk

 PT Arkora Hydro Tbk , a limited liability company which has listed all of its shares on the Indonesia Stock Exchange,
 domiciled in South Jakarta (hereinafter referred to as the “Company”) hereby announces to all of the Company's
 Shareholders, that on 15 April 2025, the Company has held an Annual General Meeting of Shareholders 2025
 (hereinafter referred to as the “Meeting”).

 As regulated in Article 49 of the Financial Services Authority Regulation No. 15/POJK.04/2020 concerning Plans
 and Implementation of the General Meeting of Shareholders of a Public Company on 21 April 2020 (" OJK
 Regulation No. 15 "), the Company is required to make a summary of the minutes of the meeting, in accordance
 with the minutes of the meeting set forth in the Deed of Minutes of Meeting Annual General Shareholders of PT
 Arkora Hydro Tbk No. 24 dated 15 April 2025, made by Darmawan Tjoa, S.H., S.E., Notary in Jakarta, as follows:



  1. Lokasi, Tempat dan Tanggal Rapat:
     Day/Date       :Tuesday, 15 April 2025
     Time           : 01.08 P.M IWT– 01.39 PM IWT
     Place          : Premier Lounge, Prosperity Tower, 11th Floor,
                      SCBD Lot 28, Jl. Jend. Sudirman Kav. 52–53,
                      Jakarta 12190, Indonesia.

  2. Agenda:

      1.   Approval of the 2024 Annual Report, including Ratification of the Board Oversight Report Commissioners
           of the Company, as well as Ratification of the Company's Consolidated Financial Statements for Fiscal Year
           2024;
      2.   Determination of the Use of the Company's Net Profit for the 2024 Fiscal Year;
      3.   Determination of Remuneration and Allowances of the Board of Directors of the Company and
           Remuneration or Honorarium and Allowances of the Board of Commissioners of the Company for the
           period of 2025-2026; and
      4.   Appointment of a Public Accountant Firm to Conduct the Audit of the Company’s Financial Statements for
           Fisca Year 2025;


  3. Member od the Boars of Commissioners and Directors who attended the Meeting:

      Board of Commissioners:
      1. Mr. Iwan Hadiantoro                                    : Commissioner
      2. Mr. Indarto                                            : Commissioner Independent

      Board of Directors:

      1.   Mr. Aldo Henry Artoko                                : President Director
      2.   Mr. Ismu Nugroho                                     : Director
      3.   Mr. Ricky Hartono                                    : Director
      4.   Mr. Boy Gemino Kalauserang                           : Director

 4. The Meeting was attended by 2,318,111,493 (two billion three hundred eighteen million one hundred eleven
    thousand four hundred ninety three) shares with valid voting rights or equivalent to 79.16% (seventy nine point



PT ARKORA HYDRO TBK
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                                                                                                         PT ARKORA HYDRO TBK
                                                                                                  Treasury Tower Level 9 Unit G-H
                                                                                                             District 8 SCBD Lot 28
                                                                                                      Jl. Jend. Sudirman Kav 52-53
                                                                                                           Jakarta 12190, Indonesia
                                                                                                    Telephone +62 (021) 50333144
                                                                                                                   www.arkora.com


      sixteen percent) of the total number of shares with voting rights issued by the Company which amounted to
      2,928,495,000 (two billion nine hundred twenty eight million four hundred ninety five thousand) shares and
      therefore the attendance quorum for the entire agenda of the Meeting has been fulfilled and thus this Meeting is
      valid and entitled and authorized to discuss and make valid and binding decisions.


 5. There were no questions from the Shareholders or their proxies on the agenda of the First Meeting up to the
    agenda of the Fourth Meeting.

 6.   Decision Making Mechanism:

      Decision making on the Meeting Agenda was carried out based on deliberation for consensus. In the event that
      the resolutions based on deliberation for consensus are not reached, the resolutions shall be adopted through
      voting by counting manually for those physically present and by withdrawing the electronic data that has been
      provided by the Shareholders through the eASY.KSEI facility and approved by more than 1/2 (one-half) for the
      First Agenda up to the Fourth Agenda.

 7.   Result of Decision Making for Meeting Agenda :

      I.    THE AGENDA OF THE FIRST MEETING

            The result of decision-making are decided through a majority vote as follows:

                        Decision                         Number of shares                       Percentage
              Agree                                       2.318.109.493                         99.9999%
              Disagree                                          0                                   0%
              Abstain                                         2,000                              0.0001%
              Total Agree                                 2,318,111,493                           100%

            Decisions of the First Meeting Agenda are as follows:

            1) Approved and accepted the Company's Annual Report for the Fiscal Year 2024, including ratifying the
               Supervisory Report of the Company's Board of Commissioners, and ratify the Consolidated Financial
               Statements of the Company and its Subsidiaries for the Fiscal Year 2024 audited by Liana Ramon
               Xenia and Partners Public Accounting Firm, as contained in its report dated March 19, 2025, with a
               fair opinion in all material respects; and

            2) with the approval of the Company's Annual Report and the ratification of the Board of Commissioners'
               Supervisory Report and the Consolidated Financial Statements of the Company and its Subsidiaries,
               to grant full release and discharge (acquit et decharge) to all members of the Company's Board of
               Directors for their management actions and to all members of the Company's Board of Commissioners
               for their supervisory actions, during the Fiscal Year 2024, to the extent that such actions are reflected
               in the Annual Report and the Consolidated Financial Statements of the Company and its Subsidiaries
               for the Fiscal Year 2024.


      II.   AGENDA OF THE SECOND MEETING

            The results of decision-making are decided through a majority vote as follows:

                         Decision                        Number of shares                       Percentage
              Agree                                       2.318.109.493                         99.9999%



PT ARKORA HYDRO TBK
Page 3
                                                                                                      PT ARKORA HYDRO TBK
                                                                                               Treasury Tower Level 9 Unit G-H
                                                                                                          District 8 SCBD Lot 28
                                                                                                   Jl. Jend. Sudirman Kav 52-53
                                                                                                        Jakarta 12190, Indonesia
                                                                                                 Telephone +62 (021) 50333144
                                                                                                                www.arkora.com


              Disagree                                        0                                 0%
              Abstain                                       2,000                            0.0001%
              Total Agree                               2,318,111,493                         100%

            Decisions of the Second Meeting Agenda are as follows:

            Approved the utilization of the Company's consolidated net profit for the financial year ended December
            31, 2024 amounting to Rp41,800,671,219 (forty one billion eight hundred million six hundred seventy one
            thousand two hundred nineteen Rupiah.) with details as follows:

             1) amounting to Rp2,000,000,000 (two billion Rupiah) as the Company's reserve fund;

             2) not to distribute dividends to the Shareholders of the Company; and

             3) The Company's remaining consolidated net profit for the financial year ended December 31, 2023
                amounting to Rp39,800,671,219 (thirty nine billion eight hundred million six hundred seventy one
                thousand two hundred nineteen Rupiah) will be used as retained earnings for the purposes of the
                Company's business continuity and development.


     III.   AGENDA OF THE THIRD MEETING

            The results of decision-making are decided through a majority vote as follows:

                        Decision                       Number of shares                      Percentage
              Agree                                     2.318.109.493                        99.9999%
              Disagree                                        0                                  0%
              Abstain                                       2,000                             0.0001%
              Total Agree                               2,318,111,493                          100%

            Decisions of the Third Meeting Agenda are as follows:

            granting authority to the Company's Board of Commissioners to design, determine, and enforce the salary
            and benefits system for the Company's Directors, as well as salaries or honoraria and benefits for the
            Company's Board of Commissioners for the 2025-2026 term of office, while taking into account the
            recommendations of the Company's Nomination and Remuneration Committee.

     IV.    AGENDA OF THE FOURTH MEETING

            The results of decision-making are decided through a majority vote as follows:

                         Decision                      Number of shares                      Percentage
              Agree                                     2.318.109.493                        99.9999%
              Disagree                                        0                                  0%
              Abstain                                       2,000                             0.0001%
              Total Agree                               2,318,111,493                          100%

            Decisions of the Fourth Meeting Agenda are as follows:

            1. Authorize the Board of Commissioners of the Company with the consideration of the Audit Committee
               of the Company to appoint an Accounting Firm to audit the Consolidated Financial Statements of the
               Company and its Subsidiaries for the financial year ending on 31 December 2025; and


PT ARKORA HYDRO TBK
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                                                                                                 PT ARKORA HYDRO TBK
                                                                                          Treasury Tower Level 9 Unit G-H
                                                                                                     District 8 SCBD Lot 28
                                                                                              Jl. Jend. Sudirman Kav 52-53
                                                                                                   Jakarta 12190, Indonesia
                                                                                            Telephone +62 (021) 50333144
                                                                                                           www.arkora.com



           2. Authorize the Board of Directors of the Company to determine the amount of honorarium and other
              requirements in connection with the appointment of the public accounting firm in accordance with
              applicable regulations.


                                            Jakarta, 17 April 2024
                                            PT Arkora Hydro Tbk
                                                  Director




PT ARKORA HYDRO TBK
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                                                                                                   PT ARKORA HYDRO TBK
                                                                                            Treasury Tower Level 9 Unit G-H
                                                                                                       District 8 SCBD Lot 28
                                                                                                Jl. Jend. Sudirman Kav 52-53
                                                                                                     Jakarta 12190, Indonesia
                                                                                              Telephone +62 (021) 50333144
                                                                                                             www.arkora.com


                                   ANNOUNCEMENT OF
                 RATIFICATION BY THE GENERAL MEETING OF SHAREHOLDERS
      ON THE COMPANY'S CONSOLIDATED FINANCIAL STATEMENTS FOR THE FISCAL YEAR 2023
                                  PT ARKORA HYDRO Tbk

In compliance with Article 68 paragraph (4) of Law No. 40 of 2007 on Limited Liability Companies, the Board of
Directors of PT Arkora Hydro Tbk (the "Company") hereby announces that the Consolidated Financial Statements of
the Company and its Subsidiaries for the fiscal year 2023 audited by Liana Ramon Xenia and Partners Public
Accounting Firm have been ratified at the Company's Annual General Meeting of Shareholders held on Monday, April
15, 2025.

                                             Jakarta, 17 April 2025
                                             PT Arkora Hydro Tbk
                                                   Director




PT ARKORA HYDRO TBK
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                             PT ARKORA HYDRO TBK
                      Treasury Tower Level 9 Unit G-H
                                 District 8 SCBD Lot 28
                          Jl. Jend. Sudirman Kav 52-53
                               Jakarta 12190, Indonesia
                        Telephone +62 (021) 50333144
                                       www.arkora.com




PT ARKORA HYDRO TBK

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Names mentioned 10 people and organisations named in the text · linked when the evidence is strong

linked org ARKORA HYDRO TBK p.1 ×56
linked person Iwan Hadiantoro p.1
linked person Aldo Henry Artoko p.1
linked person Ricky Hartono p.1
possible person Indarto p.1
unresolved org Indonesia Stock Exchange p.1
unresolved org Financial Services Authority p.1
unresolved person Darmawan Tjoa · Notaris p.1
unresolved person Ismu Nugroho p.1
unresolved person Boy Gemino Kalauserang p.1

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