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Page 1
INVITATION
27 March 2025


                                                             INVITATION
                                            ANNUAL GENERAL MEETING OF SHAREHOLDERS
                                              PT Asuransi Tugu Pratama Indonesia Tbk.


                The Board of Directors of PT Asuransi Tugu Pratama Indonesia Tbk (“the Company"),
                hereby invite the Company's Shareholders to attend the 2024 Fiscal Year Annual
                General Meeting of Shareholders ("the Meeting") of the Company, which will be held on:

                Day/Date                       : Tuesday, 29 April 2024
                Time                           : 02:00 pm – finish (Western Indonesia Time Zone)
                Venue                          : Function Hall PT Asuransi Tugu Pratama Indonesia Tbk.
                                                 Wisma Tugu I Lantai 1
                                                 Jl. H.R. Rasuna Said Kav C 8-9
                                                 South Jakarta 12920
                Link to Participate            : Access to the Electronic General Meeting System KSEI
                at the Meeting                   (eASY.KSEI) can be accessed through https://akses.ksei.co.id
                                                  provided by PT Kustodian Sentral Efek Indonesia (”KSEI”)

                Pursuant to the Regulation of the Financial Services Authority No. 15/POJK.04/2020
                regarding Plan and Implementation of a General Meeting of Shareholders of a Public
                Companies (“POJK 15/2020”) and Regulation of the Financial Services Authority No.
                16/POJK.04/2020 regarding Electronic General Meeting of Shareholders of Public
                Companies (“POJK 16/2020”), the Meeting will be held physical and online meeting.

                The agendas of the Meeting are as follows:

                 1. Approval of the 2024 financial year Annual Report of the Company, accompanied
                     by granting of full release and discharge (volledig acquit et de-charge) to the Board
                     of Directors and the Board of Commissioners of the Company.
                     Description:
                     Refer to provisions of Article 66 paragraph (1) and Article 69 paragraph (1) of Law
                     Number 40 of 2007 concerning Limited Liability Companies (“Limited Liability
                     Companies Law”) stated that:
                    1) The Board of Directors shall submit an Annual Report to the General Meeting of
                        Shareholders (GMS) after it has been reviewed by the Board of Commissioners,
                        no later than 6 (six) months after the Company’s fiscal year ends; and
                    2) The approval on Annual Report including the ratification of Financial Statement
                        and the report on supervisory duty of the Board of Commissioners shall be
                        performed by the GMS.




   PT Asuransi Tugu Pratama Indonesia Tbk              Head Office:                        t. +6221 529 61777 (hunting)
   a member of PERTAMINA                               Wisma Tugu I                        f. +6221 529 61555 • +6221 529 62555
                                                       Jl. H.R. Rasuna Said Kav. C 8-9     e. enquiry@tugu.com • claim@tugu.com
                                                       Jakarta 12920, Indonesia            www.tugu.com
Page 2
INVITATION
27 March 2025



                 2. Determination of the appropriation of the Company’s net profits for 2024 financial
                    year.
                    Description:
                    Based on the Article 71 of Limited Liability Companies Law and the Company's
                    Articles of Association Article 11 paragraph 7 letter b, stated that at the AGMS, the
                    Board of Directors submits proposals of approriation of the Company’s net profits if
                    the Company has a positive profit balance.


                 3. Appointment of the Company’s Public Accountant Firm for 2025 financial year.
                    Description:
                    Based on the Financial Services Authority Regulation Number 9 of 2023
                    concerning the Utilization of Public Accountant Services and Public Accounting Firm
                    in Financial Service Activities and the Articles of Association of the Company, stated
                    that the appointment and dismissal of public accountant that will provide audit
                    services on annual historical financial information shall be decided by the GMS, by
                    considering the proposal from the Board of Commissioners.

                     In the event that the GMS cannot decide the appointment of public accountant, the
                     GMS may delegate their authority to the Board of Commissioners, along with the
                     explanation regarding:
                     1) The reason for delegation of authority; and
                     2) The criteria or limitation of public accountant that may be appointed.


                 4. Determination of tantiem for 2024 financial year to the Board of Directors and the
                    Board of Commissioners of the Company and remuneration for 2025 financial year
                    for the Board of Directors, the Board of Commissioners, and Sharia Supervisory
                    Board of the Company.
                    Description:
                    Based on the provision of the Limited Liability Companies Law, Financial Services
                    Authority Regulation Number 73/POJK.05/2016 concerning Good Corporate
                    Governance for Insurance Companies and the Articles of Association of the
                    Company, the remuneration, benefits and other facilities (if any) for members of the
                    Board of Directors, the Board of Commissioners, and Sharia Supervisory Board
                    shall be determined by the GMS.


                 5. Approval of the accountability report on the utilization of proceeds from Initial
                    Public Offering.
                    Description:
                    Based on the provision on Article 6 of Financial Services Authority Regulation
                    Number 30/POJK.04/2015 concerning Realization Report on Utilization of
                    Proceeds of Public Offerings, in the annual GMS, the realization of the utilization of
                    proceeds from the Public Offering will be reported.




   PT Asuransi Tugu Pratama Indonesia Tbk       Head Office:                         t. +6221 529 61777 (hunting)
   a member of PERTAMINA                        Wisma Tugu I                         f. +6221 529 61555 • +6221 529 62555
                                                Jl. H.R. Rasuna Said Kav. C 8-9      e. enquiry@tugu.com • claim@tugu.com
                                                Jakarta 12920, Indonesia             www.tugu.com
Page 3
INVITATION
27 March 2025


                 6. Approval of changes of the utilization of remaining proceeds from the Company's
                    initial public offering.
                    Description:
                    Based on the provisions of Article 9 paragraph (1) of Financial Services Authority
                    Regulation Number 30/2015, the Board of Directors will request approval from
                    shareholders regarding the Company's plan to change the utilization of remaining
                    proceeds from the Company's Initial Public Offering.


                 7. Approval of ratification of the establishment process of sharia insurance subsidiary
                    by the Company, including but not limited to submitting permits to the competent
                    authorities, implementing portfolio transfers, preparing separation plans and
                    fulfilling information disclosure obligations in accordance with applicable laws and
                    regulations.
                    Description:
                    Based on the provisions of Article 87 of Law Number 40 of 2014 concerning
                    Insurance, regarding the obligation to separate sharia unit into Sharia Insurance
                    Company no later than 10 years since the enactment of the Law, which was then
                    updated in Law Number 4 of 2023 concerning the Development and Strengthening
                    of the Financial Sector.

                      The Company through the Extraordinary General Meeting of Shareholders (EGMS)
                      on December 16, 2020 has obtained approval for the Separation of Sharia Unit
                      Work Plan (”Work Plan”) to separate the sharia unit using the mechanism for
                      establishing a new Sharia Insurance Company, followed by the transfer of the
                      entire insurance participant portfolio to the new Sharia Insurance Company. The
                      Work Plan has also received approval from the Financial Services Authority through
                      letters Number S-21/NB.21/2021 and S-765/PD.11/2024.

                      The establishment of this new subsidiary is in line with Financial Services Authority
                      Regulation Number 11 of 2023 concerning the Separation of Sharia Unit of
                      Insurance Companies and Reinsurance Companies, as well as the Limited Liability
                      Companies Law.

                      The Board of Directors will request approval from shareholders to ratify the actions
                      of the Board of Directors and Board of Commissioners of the Company regarding
                      the process of establishing PT Asuransi Tugu Syariah as a subsidiary which was
                      carried out in October 2024.


                 8. Approval of Amendments to the Company's Articles of Association.
                    Description:
                    Based on the provisions of the Limited Liability Companies Law and the Company's
                    Articles of Association, changes related to the term of office of the Board of
                    Directors and Board of Commissioners, as well as changes to the authority of the
                    Board of Directors and Board of Commissioners are regulated in the Company's
                    Articles of Association and determined in the GMS.




   PT Asuransi Tugu Pratama Indonesia Tbk        Head Office:                         t. +6221 529 61777 (hunting)
   a member of PERTAMINA                         Wisma Tugu I                         f. +6221 529 61555 • +6221 529 62555
                                                 Jl. H.R. Rasuna Said Kav. C 8-9      e. enquiry@tugu.com • claim@tugu.com
                                                 Jakarta 12920, Indonesia             www.tugu.com
Page 4
INVITATION
27 March 2025



                 9. Approval of the changes in the management composition of the Company.
                    Description :
                    Pursuant to Financial Services Authority Regulation Number 33/POJK.04/2014
                    concerning Directors and Board of Commissioners of Issuers or Public Companies,
                    Members of the Board of Directors and Board of Commissioners are appointed and
                    dismissed by the GMS..


                Notes:

                1.    The Company will not send a separate invitation to the Company’s Shareholders as
                      this Invitation is deemed an official invitation under POJK 15/2020 and the Articles
                      of Association of the Company, this Invitation is one of the official invitations for the
                      Shareholders of the Company.
                2.    Shareholders who are eligible to attend the Meeting are those whose names are
                      registered in the Register of Shareholders of the Company and/or shareholders of
                      the Company in the securities sub-account of PT Kustodian Sentral Efek Indonesia
                      (KSEI) at the close of stock trading of the Company on Indonesia Stock Exchange
                      (IDX) on 26 March 2025 ("Eligible Shareholders").
                3.    Participation of the Eligible Shareholders in the Meeting may be carried out by the
                      following mechanism:
                        a.    physically attend at the Meeting;
                        b.    attend     the     meeting      electronically through    the   eASY.KSEI
                              (https://akses.ksei.co.id) application; or
                        c.    represented by other parties by granting a power of attorney electronically
                              through the eASY.KSEI (https://akses.ksei.co.id) application or a granting
                              power of attorney in writing.

                4.    Electronic Meeting attendance procedure:
                        a. Eligible Shareholders must first be registered in the KSEI's Securities
                            Ownership Reference facility ("AKSes KSEI"). In the event that the
                            Shareholder has not registered, please register through the website
                            https://akses.ksei.co.id
                        b. Shareholders may declare their attendance until no later than 28 April 2024
                            at 12.00 pm (Western Indonesia Time Zone).
                        c. For the Eligible Shareholders or Proxies below:
                                 I.  Eligible Shareholders who have not made an electronic attendance
                                     declaration until the attendance declaration deadline;
                                II.  Shareholders of the Company who have made an electronic
                                     declaration of attendance but have not made a voting election until the
                                     deadline for the declaration of attendance;




   PT Asuransi Tugu Pratama Indonesia Tbk         Head Office:                           t. +6221 529 61777 (hunting)
   a member of PERTAMINA                          Wisma Tugu I                           f. +6221 529 61555 • +6221 529 62555
                                                  Jl. H.R. Rasuna Said Kav. C 8-9        e. enquiry@tugu.com • claim@tugu.com
                                                  Jakarta 12920, Indonesia               www.tugu.com
Page 5
INVITATION
27 March 2025



                                  III.Individual Representatives and Independent Parties who have been
                                      appointed by the Company, namely representatives of PT Datindo
                                      Entrycom as the Company's Securities Administration Bureau whohave
                                      received power of attorney from Eligible Shareholders, but the Eligible
                                      Shareholders concerned have not made voting choices until the
                                      attendance declaration deadline;
                               IV.    KSEI Participant/Intermediary (Custodian Bank or Securities
                                      Company) who has received power of attorney from Eligible
                                      Shareholders who have made voting choices through eASY.KSEI;
                            must register their attendance electronically through eASY.KSEI on the date
                            of the Meeting starting at 11:00 am until 01:00 pm (Western Indonesia Time
                            Zone).
                         d. Eligible Shareholders who have given a declaration of attendance or power of
                            attorney to the Individual Representative or Independent Party and have
                            determined the voting options for the Meeting Agenda in eASY.KSEI until the
                            specified time limit, then the person concerned does not need to register
                            attendance electronically in eASY.KSEI.
                         e. Any delay or failure in the electronic registration process for any reason will
                            result in the Eligible Shareholders or their Proxies being unable to attend the
                            Meeting electronically, and their shareholdings will not be counted towards
                            the attendance quorum.

                 5. Procedures for granting power of attorney electronically and in writing:
                      a. Shareholders who have registered as AKSes KSEI users may grant their
                         proxies electronically through eASY.KSEI by first logging into AKSes KSEI
                         through the website https://akses.ksei.co.id. The period during which the
                         Eligible Shareholders may declare their proxies and votes, make changes to
                         the appointment of the Proxy and/or change the voting options for the
                         Meeting Agenda, or revoke their proxies electronically is from the date of the
                         invitation to the Meeting until no later than 28 April 2025 at 12.00 pm
                         (Western Indonesia Time Zone), which is 1 (one) working day before the
                         Meeting.
                      b. In addition to granting power of attorney electronically, Eligible Shareholders
                         may grant power of attorney in writing by using the Power of Attorney form
                         which can be downloaded on the Company's website (www.tugu.com) and
                         when completed must be submitted to the Company's Securities
                         Administration Bureau PT Datindo Entrycom with the address Jl. Hayam
                         Wuruk No. 28, 2nd Floor Central Jakarta - 10120, Phone. (021) 350 8077
                         Fax. (021) 350 8078, on every business day from the date of the invitation to
                         the Meeting until no later than 24 April 2025 at 04:00 pm (Western
                         Indonesia Time Zone).
                      c. Eligible Shareholders who attend based on a Power of Attorney shall apply
                         the provisions that members of the Board of Directors, Board of
                         Commissioners and employees of the Company cannot act as proxies in the
                         Meeting.



   PT Asuransi Tugu Pratama Indonesia Tbk         Head Office:                          t. +6221 529 61777 (hunting)
   a member of PERTAMINA                          Wisma Tugu I                          f. +6221 529 61555 • +6221 529 62555
                                                  Jl. H.R. Rasuna Said Kav. C 8-9       e. enquiry@tugu.com • claim@tugu.com
                                                  Jakarta 12920, Indonesia              www.tugu.com
Page 6
INVITATION
27 March 2025



                 6. Registration guidelines, user’s guides, and further description of eASY.KSEI can be
                    found on the websites https://easy.ksei.co.id and/or https://akses.ksei.co.id

                 7. Eligible Shareholders or their conventional proxies who will physically attend the
                    Meeting shall be required to submit a copy of their Identity Card or other valid
                    identification to the registration officer before entering the Meeting room. Legal
                    Entities Shareholders must bring with them copies of its Articles of Association and
                    deeds of appointment of the latest members of the Board of Directors and the
                    Board of Commissioners or their board of management thereof and effective in
                    accordance with applicable regulations. As for shareholders in KSEI collective
                    custody will be required to present the Written Confirmation for GMS ("KTUR") to
                    the registration officer before entering the Meeting room. In the event that the
                    Shareholders are unable to present the KTUR, the Shareholders may still attend
                    the Meeting to the extent their name are recorded in the Shareholders Register and
                    bring a verified identity in accordance with applicable regulations.

                 8. The Company has provided materials related to the Agenda of the Meeting and can
                    be downloaded through the Company's website www.tugu.com from the date of the
                    Invitation until the date of the Meeting.

                 9. The Company will implement Code of Conduct in the implementation of the
                    Meeting, which will be distributed to each Eligible Shareholders in accordance with
                    the applicable regulations before the Meeting start. In addition, the Code of
                    Conduct will also be announced prior to the opening of the Meeting. The Company
                    has full authority in implementing the Meeting Code of Conduct to ensure the order
                    and smooth running of the Meeting. The Meeting Code of Conduct can be
                    downloaded through the Company's website at www.tugu.com.

                 10. To the Eligible Shareholders who wish to attend the Meeting physically can register
                     their attendance prior to the Meeting date through the registration link:
                     https://tugu.info/rsvp_RUPST2025 while still considering the applicable provisions
                     in the Meeting Code of Conduct as mentioned above in point 9. Meeting
                     attendance and the Meeting process can also still be attended by Eligible
                     Shareholders by accessing KSEI Electronic General Meeting System (eASY.KSEI)
                     facility through the link https://akses.ksei.co.id provided by KSEI.

                 11. In order to facilitate the arrangement and for the order of the Meeting,
                     Shareholders or their proxies who are physically present are respectfully requested
                     to have arrived at the place of the Meeting no later than 30 (thirty) minutes before
                     the Meeting commences.


                                                    Jakarta, 27 March 2025
                                            PT Asuransi Tugu Pratama Indonesia Tbk
                                                       Board of Directors




   PT Asuransi Tugu Pratama Indonesia Tbk          Head Office:                      t. +6221 529 61777 (hunting)
   a member of PERTAMINA                           Wisma Tugu I                      f. +6221 529 61555 • +6221 529 62555
                                                   Jl. H.R. Rasuna Said Kav. C 8-9   e. enquiry@tugu.com • claim@tugu.com
                                                   Jakarta 12920, Indonesia          www.tugu.com

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Names mentioned 6 people and organisations named in the text · linked when the evidence is strong

unresolved org PT Kustodian Sentral Efek Indonesia p.1 ×3
unresolved org Financial Services Authority p.1 ×9
unresolved org PT Asuransi Tugu Syariah p.3
unresolved org Indonesia Stock Exchange p.4
unresolved org PT Datindo Entrycom p.5 ×2

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