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20250318_FAST_Laporan Informasi dan Fakta Material_31869473_lamp2.pdf
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DISCLOSURE OF INFORMATION TO SHAREHOLDERS
IN ACCORDANCE WITH THE CAPITAL INCREASE WITHOUT PRE-EMPTIVE RIGHTS
(“INFORMATION TO SHAREHOLDERS”)
18 MARCH 2025
THIS INFORMATION TO SHAREHOLDERS IS IMPORTANT TO BE READ AND CONSIDERED BY
SHAREHOLDERS OF
PT FAST FOOD INDONESIA, TBK (“THE COMPANY”)
IF YOU HAVE ANY DIFFICULTIES IN UNDERSTANDING THIS INFORMATION TO SHAREHOLDERS,
YOU SHOULD CONSULT WITH LEGAL ADVISORS, PUBLIC ACCOUNTANTS, FINANCIAL ADVISORS OR
OTHER PROFESSIONALS.
Main Business Activities:
Restaurants and Food Services for Particular Events (Event Catering)
Located in:
Jakarta Selatan, DKI Jakarta, Indonesia
Head Office:
Gedung Gelael, Jl. MT. Haryono Kav. 7
Tebet Barat, Tebet, Jakarta Selatan
DKI Jakarta, Indonesia
Telephone: +62 (021) 8301133
Website: www.kfcku.com
E-mail: jd.juwono@kfcindonesia.com
INFORMATION TO SHAREHOLDERS IN RELATION TO THE PLAN TO ISSUE UP TO 533,333,334
ORDINARY SHARES WITHOUT PRE-EMPTIVE RIGHTS.
REGARDING TO THE PROVISIONS SET OUT IN THE FINANCIAL SERVICES AUTHORITY REGULATION
NUMBER 32/POJK.04/2015 REGARDING CAPITAL INCREASE WITH PRE-EMPTIVE RIGHTS ON PUBLIC
COMPANIES AS AMENDED BY THE FINANCIAL SERVICES AUTHORITY REGULATION
NO.14/POJK.04/2019 REGARDING THE AMENDMENT TO THE FINANCIAL SERVICES AUTHORITY
REGULATION NUMBER 32/POJK.04/2015 REGARDING CAPITAL INCREASE WITH PRE-EMPTIVE
RIGHTS ON PUBLIC COMPANIES (“POJK NO.14/2019”), THE COMPANY INTENDS TO ISSUE UP TO
533,333,334 ORDINARY SHARES WITHOUT PRE-EMPTIVE RIGHTS (“PMTHMETD”). IN CONNECTION
WITH THE PMTHMETD PLAN, THE COMPANY INTENDS TO SEEK APPROVAL FROM THE
SHAREHOLDERS IN AN EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS (“EGMS”) TO BE
HELD ON THURSDAY, 24 APRIL 2025.
THE DIRECTORS AND THE BOARD OF COMMISSIONERS OF THE COMPANY, BOTH INDIVIDUALLY
AND COLLECTIVELY, ARE FULLY RESPONSIBLE FOR THE ACCURACY AND COMPLETENESS OF ALL
INFORMATION OR MATERIAL FACTS CONTAINED IN THIS INFORMATION TO SHAREHOLDERS. THE
BOARD OF COMMISSIONERS AND THE DIRECTORS OF THE COMPANY, AFTER CONDUCTING
SUFFICIENT INVESTIGATION, CONFIRM THAT THERE ARE NO IMPORTANT AND RELEVANT FACTS
THAT HAVE NOT BEEN DISCLOSED WHICH CAUSE THE INFORMATION OR MATERIAL FACTS IN THIS
INFORMATION TO SHAREHOLDERS TO BE UNTRUE AND/OR MISLEADING.
ANNOUNCEMENT OF THE EGMS OF THE COMPANY IS PUBLISHED THROUGH THE WEBSITE OF THE
INDONESIA STOCK EXCHANGE (“IDX”), THE COMPANY’S WEBSITE AND EASY.KSEI ON 18 MARCH
2025.
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1. DEFINITIONS AND ABBREVIATIONS
Indonesia Stock Exchange or IDX : Stock Exchange as defined in Article 1 point 4 of Law No. 8 of 1995
regarding Capital Market as partially amended by Law No. 4 of 2023
regarding Financial Sector Development and Strengthening, in this case
organized by PT Bursa Efek Indonesia, domiciled in Jakarta, where the
Company's Shares are listed.
Directors : The members of the Board of Directors of the Company who are in
office when the Information Disclosure is announced.
Subsidiaries of the Company : Companies whose more than 50% of its shares are owned directly or
indirectly by the Company or if the Company has less than 50% of the
shares with voting rights but the Company has the ability to control the
company.
Trading Day : Days where securities trading transaction activities are carried out on
the Stock Exchange, namely Monday to Friday, except for national
holidays set by the Government or other days declared as holidays by
the Stock Exchange.
Information to Shareholders : Information as stated in this Information to Shareholders which was
made in order to comply with the provisions of POJK No.14/2019 and
POJK No.15/2020
Commissioner : Members of the Board of Commissioners of the Company who are in
office when the Information Disclosure is announced.
Public Individuals and/or entities and/or legal entities, both Indonesian
Citizens and Foreign Citizens, whether residing or having legal domicile
in Indonesia or residing or having legal domicile abroad who are
shareholders of the Company.
OJK The Financial Services Authority, an independent institution, which has
the functions, duties, and authority to regulate, supervise, examine, and
investigate in the capital market, insurance, pension funds, financing
institutions and other financial services institutions sectors as referred
to in Law No. 21 of 2011 dated 22 November 2011 concerning the
Financial Services Authority which is a successor body to Bapepam-LK
which came into effect on 31 December 2012).
Shareholders of the Company Shareholders of the Company whose names are registered in the
Register of Shareholders of the Company issued by the Securities
Administration Bureau, PT Raya Saham Registra.
Indonesian Stock Exchange Decree of the Directors of PT Bursa Efek Indonesia Number: Kep-
Regulation Number I-A 00101/BEI/12-2021 regarding Amendments to Regulation Number I-
A regarding the Listing of Shares and Equity Securities Other Than
Shares Issued by Listed Companies, issued and enforced on 21
December 2021.
Company PT Fast Food Indonesia, Tbk., a public limited liability company
established under the laws of the Republic of Indonesia.
POJK No.14/2019 Financial Services Authority Regulation Number 14/POJK.04/2019
dated 29 April 2019 regarding Amendments to Financial Services
Authority Regulation Number 32/POJK.04/2015 regarding Capital
Increase with Pre-emptive Rights on Public Companies.
POJK No.15/2020 Financial Services Authority Regulation Number 15/POJK.04/2020
dated 20 April 2020 regarding the Plan and Implementation of the
General Meeting of Shareholders of Public Companies.
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POJK No.17/2020 : Financial Services Authority Regulation Number 17/POJK.04/2020
dated 20 April 2020 regarding Material Transaction and Change of
Business Activities.
POJK No.42/2020 Financial Services Authority Regulation Number 42/POJK.04/2020
dated 1 July 2020 regarding Affiliated Party and Conflict of Interest
Transactions.
Rp Currency of the Republic of Indonesia.
Transaction Plan PMTHMETD or Capital Increase without Pre-emptive Rights.
UUPM Law No. 8 of 1995 on Capital Market, as partially amended by Law No.
4 of 2023 on Financial Sector Development and Strengthening.
UUPT Law No. 40 of 2007 regarding Limited Liability Companies, as partially
amended by Government Regulation in Lieu of Law No. 2 of 2022
regarding Job Creation which has been enacted into law based on Law
No. 6 of 2023 regarding the Stipulation of Government Regulation in
Lieu of Law No. 2 of 2022 regarding Job Creation into Law.
UUP2SK Law No. 4 of 2023 on Financial Sector Development and
Strengthening.
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2. INTRODUCTION
According to Article 3 paragraph a of POJK No.14/2019, a public company may conduct PMTHMETD in the issuance of
shares and/or other equity securities in order to improve its financial position.
Furthermore, with reference to Article 8B of POJK No.14/2019, capital increase in the context of improving financial position
as referred to in Article 3 paragraph a can be carried out as long as it meets the conditions, one of which is if a public company
has negative net working capital and has liabilities exceeding 80% (eighty percent) of the assets of the public company at the
time of the General Meeting of Shareholders (“GMS”) approving the PMTHMETD.
Based on Company’s financial statements (unaudited) for the period ending 31 December 2024, the Company has:
a. negative net working capital of Rp.1,259,302,005 (*) with total consolidated current liabilities of Rp.2,092,500,624 (*);
and
b. the ratio of total consolidated liabilities of Rp.3,557,133,673 (*) against total consolidated assets of Rp.3,809,676,584 (*)
is 93% or exceeds 80%.
In connection with the above, the Company intends to request the approval of the Company's shareholders to perform
PMTHMETD in order to improve the financial position as referred to in Article 3 paragraph a POJK No.14/2019, where the
proceeds from PMTHMETD will be used for the Company's working capital needs and can support the Company's
development in the future. The implementation of PMTHMETD provides payment solutions for the Company's obligations
and can improve the Company's liquidity.
(*) All Rupiah amounts are expressed in thousands of rupiah, unless otherwise stated.
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3. BRIEF INFORMATION OF THE COMPANY
A. BRIEF HISTORY
The Company was established pursuant to Deed No.20 dated 19 June 1978 made before Sri Rahayu, S.H., Notary in
Jakarta, which was legalised by the Minister of Justice of the Republic of Indonesia through Decree No.Y.A.5/245/12
dated 22 May 1979 and registered at the Jakarta District Court Office under No.4491 dated 1 October 1979, and
announced in Supplement No.682 of the State Gazette of the Republic of Indonesia No.90 dated 9 November 1979.
The Company's Articles of Association have been amended several times, the latest amendment is based on the Deed
of Resolution of the Meeting of the Company No.21 dated 19 July 2024 made before Ir. Nanette Cahyanie Handari Adi
Warsito, S.H., Notary in Jakarta, which has obtained (i) Receopt of Notification of Amendment of Articles of
Association from the Minister of Law and Human Rights based on his letter Number: AHU-AH.01.03-0176540 dated
26 July 2024. .03-0176540 dated 26 July 2024; and (ii) Receipt of Notification of Amendment of Company Data from
the Minister of Law and Human Rights based on its letter Number: AHU-AH.01.09-0232138 dated 26 July 2024 and
has been registered in the Company Register Number: AHU-0154137.AH.01.11.Tahun 2024 dated 26 July 2024.
B. STRUCTURE AND SHAREHOLDING COMPOSITION
Based on the Company's Shareholders Register issued by the Company's Securities Administration Bureau, PT Raya
Saham Registra, the composition of the Company's shareholders as of 28 February 2025 is as follows:
No. Nama Pemegang Saham Jumlah Saham Persentase
Kepemilikan
1 PT Gelael Pratama 1,596,111,050 40.00%
2 PT Indoritel Makmur 1,430,115,492 35.84%
Internasional, Tbk.
3 BBH luxembourg S/A Fidelity 315,194,800 7.90%
FD Sicav, FD FDS PAC FD
4 Masyarakat (masing-masing 645,647,816 16.18%
dibawah 5%)
5 Saham tresuri 3,208,000 0.08%
Jumlah 3,990,277,158 100.00%
C. MANAGEMENT AND SUPERVISION OF THE COMPANY
In accordance with the Company's Articles of Association, the Company is managed and led by the Directors under the
supervision of the Board of Commissioners. Members of the Directors and Members of the Board of Commissioners
are appointed by the GMS for a period of 5 years until the closing of the GMS held 5 years later. The duties and
authorities of the Directors and the Board of Commissioners are stipulated in Article 12 and Article 15 of the Company's
Articles of Association, respectively.
Based on the Company's Deed of Meeting Resolution No.47 dated 26 August 2021 made before Ir. Nanette Cahyanie
Handari Adi Warsito, S.H., Notary in Jakarta, which has obtained Receipt of Notification of Changes in Company Data
from the Minister of Law and Human Rights based on its letter Number: AHU-AH.01.03-0443963 dated 3 September
2021 and has been registered in the Company Register Number: AHU-0150186.AH.01.11.Tahun 2021 dated 3
September 2021, the composition of the Company's Directors and Board of Commissioners is as follows:
Board of Commissioners
President Commissioner : Anthoni Salim
Vice President Commissioner : Noni Rosalia Gelael Barki
Commissioner : Elisabeth Gelael
Commissioner : Benny Setiawan Santoso
Independent Commissioner : Achmad Baiquni
Independent Commissioner : Gunawan Solaiman
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Directors
President Director : Ricardo Gelael
Vice President Director : Ferry Noviar Yosaputra
Director I : Justinus Dalimin Juwono
Director II : Cahyadi Wijaya
Director III : Fabian Gelael
Director IV : Adhi Indrawan
Director V : Wachjudi Martono
Unaffiliated Director : Omar Luthfi Anwar
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4. INFORMATION ABOUT PMTHMETD PLAN
The following is information regarding the PMTHMETD plan to be carried out by the Company:
a. Reason and Purpose of PMTHMETD
Pursuant to Article 3 paragraph a of POJK No.14/2019, the Company intends to conduct PMTHMETD in order to
improve its financial position, in relation to the current condition of the Company which has negative net working
capital and has liabilities exceeding 80% (eighty percent) of the assets of the Company at the time of the GMS approving
the capital increase, with details based on Company’s financial statements (unaudited) for the period ending 31
December 2024, as follows:
1) negative net working capital of Rp.1,259,302,005 (*) to the Company's total consolidated current liabilities of
Rp.2,092,500,624 (*); and
2) the ratio of total consolidated liabilities of Rp. 3,557,133,673 (*) to total consolidated assets of Rp.3,809,676,584
(*) is 93% or exceeds 80%.
The Company's net working capital was negative Rp.1,259,302,005 (*) due to the high value of the Company's short-
term liabilities consisting of bank loans, trade payables and other payables. The Company's liabilities are 93% of its
assets.
Therefore, the Company intends to request approval from the Company's shareholders for PMTHMETD in order to
improve the financial position as referred to in Article 3 paragraph a in POJK No.14/2019, which will be used for the
Company's working capital needs and can support the Company's development in the future. The implementation of
PMTHMETD provides payment solutions for the Company's obligations.
Several benefits that will be obtained from the PMTHMETD plan, among others:
(i) The Company's capital structure will improve from Rp 252,542,911(*) to Rp 332,542,911(*); and
(ii) The Company's ratio of liabilities compared to equity (total liabilities compared to total equity) will improve from
14.09 x (fourteen point zero nine times) to 10.46 x (ten point four six times)
(*) All Rupiah amounts are expressed in thousands of rupiah, unless otherwise stated.
b. Information about PMTHMETD
The Company intends to conduct PMTHMETD through the issuance of up to 533,333,334 new shares, with a nominal
value of Rp.50 per share.
The new shares will be issued from the Company's portfolio and will be listed on the IDX in accordance with the
prevailing laws and regulations, including the Indonesia Stock Exchange Regulation Number I-A. The new shares will
have the same and equal rights in all respects including the right to dividends with other shares of the Company.
c. Proposed Use of Proceeds from PMTHMETD
Proceeds from the issuance of shares will be used for the Company's working capital.
d. Exercise Price in PMTHMETD
Based on provision V.1.3. Appendix II of the Indonesia Stock Exchange Regulation Number I-A, capital increase
without Pre-emptive Rights in order to improve the Company's financial position as stipulated in Article 3 paragraph a
of POJK No.14/2019, the determination of the exercise price is determined based on the agreement of the parties,
carried out in an arm's length transaction, does not violate applicable laws, and is carried out without harming non-
controlling shareholders and non-major shareholders. In connection with this, the Company has determined that the
exercise price is Rp.150 per share (“Exercise Price”).
e. Value of the PMTHMETD Plan
From the implementation of PMTHMETD, there will be an issuance of up to 533,333,334 ordinary shares at an exercise
price of Rp.150 per share, so that the total value is a maximum of Rp.80,000,000,000 which has been agreed between
the Company and the Investor.
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f. Estimated Period of PMTHMETD Implementation
The issuance of up to 533,333,334 ordinary shares at the Exercise Price will be implemented immediately after obtaining
the approval of the GMS.
g. Analysis and Discussion by Management
The additional capital carried out in the Transaction Plan is believed to be able to support the development of the
Company in the future and provide payment solutions for the Company's obligations.
In addition, the issuance of up to 533,333,334 new shares in the PMTHMETD will cause an increase in equity derived
from additional paid-in capital and share capitalization. As a result of the PMTHMETD, equity based on the Company’s
financial statements (unaudited) for the period ending 31 December 2024, will increase by Rp.80,000,000,000 (full
amount).
The following is a financial proforma table based on Company’s financial statements (unaudited) for the period ending
31 December 2024:
Consolidated Statement of Financial Before
Position PMTHMETD After PMTHMETD
In thousands Rupiah In thousands Rupiah
Assets
Current Assets 833,198,619 833,198,619
Non-current Assets 2,976,477,965 2,976,477,965
Total Assets 3,809,676,584 3,809,676,584
Liabilities
Current Liabilities 2,092,500,624 2,012,500,624
Long-term Liabilities 1,464,633,049 1,464,633,049
Total Liabilities 3,557,133,673 3,477,133,673
Equity
Share capital 199,513,858 279,513,858
Additional paid-up capital 944,469 944,469
Subtracted by treasury stock - 3,208,000
shares (3,272,525) (3,272,525)
Profit balance (23,973,325) (23,973,325)
Equity attributable to
owners of the parent entity 173,212,477 253,212,477
Non-controlling interest 79,330,434 79,330,434
Total Equity 252,542,911 332,542,911
Total liabilities & equities 3,809,676,584 3,809,676,584
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Before
Consolidated Statements of Profit or Loss PMTHMETD After PMTHMETD
and Other Comprehensive Income
In thousands Rupiah In thousands Rupiah
Revenue 4,875,792,516) 4,875,792,516)
Cost of Revenue (2,034,958,565) (2,034,958,565)
Gross Profit 2,840,833,951) 2,840,833,951)
Expenses (3,552,579,633) (3,552,579,633)
Loss Before Income Tax (711,745,682) (711,745,682)
Income Tax 98,749,891) 98,749,891)
Loss for the Current Year (612,995,791) (612,995,791)
Total other comprehensive income for the
current year 38,343,524) 38,343,524)
Total Comprehensive Loss for the
Current Year (574,652,267) (574,652,267)
Ratios:
Current Ratio 0.40 0.41
Liability to Equity Ratio 14.09 10.46
Liability to Total Assets Ratio 0.93 0.91
Ratio of Profit for the Current Year to
0.12 0.12
Revenue
Ratio of Profit for the Current Year to Total
0.15 0.15
Assets
Ratio of Profit for the Current Year to Total
2.28 1.73
Equity
Loan to Equity Ratio 4.11 3.12
h. Risk or Impact of PMTHEMTD Plan
The implementation of PMTHMETD by increasing the Company's capital will provide the ability for the Company to
continue its business activities which in turn will provide value for the Company's shareholders. Current conditions have
shown positive growth in demand which provides hope for the growth of the Company's business activities in the
future.
Another risk or impact of the PMTHMETD plan is the potential dilution to other shareholders who do not participate.
After the PMTHMETD is implemented, the ownership percentage of each non-participating shareholders will decrease
(dilution) by 11.79% (eleven point seven-nine percent). Meanwhile, the ownership percentage of 2 major shareholders
will increase: PT Gelael Pratama with an increase in ownership percentage of 1.18% (one point one eight percent) from
40% (forty percent) to 41.18% (forty one point one eight percent), and PT Indoritel Makmur Internasional Tbk with an
increase in ownership percentage of 1.67% (one point six seven percent) from 35.84% (thirty five point eight four
percent) to 37.51% (thirty seven point five one percent).
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i. Capital Structure of the Company Before and After the Implementation of PMTHMETD
The following table shows the composition of shareholders and capital structure before the implementation of the
PMTHMETD plan (based on the Company's Shareholders Register as of 28 February 2025 issued by the Company's
Securities Administration Bureau, PT Raya Saham Registra) and after the implementation of PMTHMETD.
Before After
PMTHMETD PMTHMETD
(full amount) (full amount)
Description Shares Amount % Shares Amount %
Authorized Capital
Nominal Value Rp.50 15,960,000,000 Rp. 798,000,000,000 15,960,000,000 Rp. 798,000,000,000
Total Authorized Capital
Issued and Fully Paid-up Capital
Nominal Rp.50 3,990,277,158 Rp.199,513,857,900 4,523,610,492 Rp.226,180,524,600
PT Gelael Pratama 1,596,111,050 Rp.79,805,552,500 40.00% 1,862,777,717 Rp.93,138,885,850 41.18%
PT Indoritel Makmur Internasional Tbk 1,430,115,492 Rp.71,505,774,600 35.84% 1,696,782,159 Rp.8,839,107,950 37.51%
BBH Luxembourg 315,194,800 Rp.15,759,740,000 7.90% 315,194,800 Rp.15,759,740,000 6.97%
Public 645,647,816 Rp.32,282,390,800 16.18% 645,647,816 Rp.32,282,390,800 14,.27%
Treasury Stock 3,208,000 Rp.160,400,000 0.08% 3,208,000 Rp.160,400,000 0.07%
Total Issued and Paid-up Capital 3,990,277,158 Rp.199,513,857,900 100% 4,523,610,492 Rp.279,513,857,900 100%
Total Shares in Reserve 11,969,722,842 Rp.598,486,142,100 11,36,389,508 Rp,571,819,475,400
Capital Paid in Excess of Par Value Rp,53,333,333,400
The Company does not plan to issue shares with different nominal values. The determination of the exercise price will
refer to the calculation stipulated in the Indonesia Stock Exchange Regulation Number I-A.
j. Control over the Company After the Implementation of the PMTHMETD plan
There is no change of control in the Company after the PMTHMETD plan is implemented.
k. Information on Investor
The investors are PT Gelael Pratama and PT Indoritel Makmur International, Tbk, each of which will make capital
payment to the Company proportionally through the PMTHMETD (“Investors”).
Affiliation Relationship with the Company
The Investors are affiliated with the Company, because the Investors are the shareholders of the Company.
Based on the above, PMTHMETD is an Affiliated Party Transaction as mentioned in POJK No.42/2020, however,
based on Article 44B POJK No.14/2019, the Comapny is exempted to comply with the provisions under POJK
No.42/2020.
Explanation, considerations and reasons for the capital increase by the investor who is an affiliated party
compared to if it is not carried out by an affiliated party.
In connection with the urgency of the implementation of this PMTHMETD in order to improve the financial position
where the proceeds from PMTHMETD need to be used immediately for the Company's working capital needs, the
Investor as an affiliated party of the Company is considered to have more immediate readiness to provide support for
the Company in providing funds in such amount. If the Company tries to obtain funding through PMTHMETD from
unaffiliated investors, the process will take a very long time, especially with the Company's current condition which has
negative net working capital and total liabilities to total assets that have exceeded 80%. All shares issued in PMTHMETD
will be subscribed by the Investor.
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5. EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
Regarding the PMTHMETD as described in this Information to Shareholders, the Company intends to seek approval from the
EGMS which will be held on:
Day, date : Thursday, 24 April 2025.
Hours : 11.00 a.m. - finish
Venue : Gelael Building 4th Floor, Jl. Let.Jend.MT Haryono Kav.7, Jakarta 12810.
This information is in line with the EGMS announcement that has been published on eASY.KSEI, the Exchange website
(IDXnet), and the Company's website on 18 March 2025.
For information, important dates that need to be considered in relation to the holding of the Company's EGMS are as listed in
the following schedule table:
No. Activity Schedule
1. Notification of EGM agenda to OJK 11 Maret 2025
2. Announcement of EGM (eASY.KSEI, IDX and 18 Maret 2025
Company website)
3. Information to Shareholders regarding PMTHMETD 18 Maret 2025
(IDX and Company website)
4. Recording Date 27 Maret 2025
5. EGM Invitation (eASY.KSEI, IDX and Company 2 April 2025
website)
6. EGMS 24 April 2025
7. Reporting of EGM Minutes Summary (eASY.KSEI, 24 April 2025
IDX and Company website)
8. Reporting of EGM Minutes to OJK 24 April 2025
Furthermore, in connection with the PMTHMETD as described in this Information to Shareholders, the Company intends to
seek approval from the EGMS with due observance of the following provisions:
a. In accordance with the provisions of Article 41 POJK No.15/2020 and the provisions of Article 23 of the Articles of
Association of the Company, for the PMTHMETD as referred to in this Information to Shareholders, the EGMS of
the Company must be attended by shareholders representing more than ½ of the total shares with valid voting rights
and the resolution is approved by more than ½ of the total votes validly cast in the EGMS.
b. In the event that the attendance quorum and resolutions in the first EGMS cannot reach the required quorum, the
second EGMS may be held provided that the second EGMS is valid and entitled to make decisions if the EGMS is
attended by shareholders representing at least 1/3 of the total shares with valid voting rights. The resolution of the
second EGMS shall be valid if approved by more than ½ of the total shares with valid voting rights present at the
EGMS.
c. In the event that the attendance quorum at the second EGMS as referred to above is not achieved, the third EGMS
may be held provided that the third EGMS is valid and entitled to make decisions if attended by shareholders of shares
with valid voting rights and the attendance quorum of the decision determined by OJK at the request of the Company.
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Company's EGMS Agenda in Relation With PMTHMETD
Approval of the Company's plan to conduct PMTHMETD in order to improve its financial position as referred to in Article 3
paragraph a of POJK No.14/2019.
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6. RECOMMENDATION OF THE BOARD OF DIRECTORS AND BOARD OF COMMISSIONERS OF THE
COMPANY
This Information to Shareholders has been approved by the Board of Commissioners and Board of Directors of the Company,
and therefore the Board of Commissioners and Board of Directors of the Company are responsible for the accuracy of the
information contained therein. All material information and opinions expressed in this Information to Shareholders are true
and can be accounted for and that there is no other material information that has not been disclosed that could cause this
statement to be untrue or misleading.
The Board of Directors and Board of Commissioners of the Company recommend to all shareholders to approve the
PMTHMETD plan as mentioned in this Information to Shareholders. In providing such recommendation to the shareholders,
the Board of Directors and Board of Commissioners of the Company have reviewed the benefits of the PMTHMETD plan,
and therefore believe that the implementation of the PMTHMETD plan is the best choice for the Company and all
shareholders.
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7. ADDITIONAL INFORMATION
Shareholders of the Company who require further information regarding the Proposed Transaction as disclosed in this
Information to Shareholders, may contact:
PT FAST FOOD INDONESIA TBK:
Gedung Gelael, Jl. MT. Haryono Kav. 7
Tebet Barat, Tebet, Jakarta Selatan
DKI Jakarta, Indonesia
Telepon: +62 (021) 8301133
Website: www.kfcku.com
E-mail: jd.juwono@kfcindonesia.com
14
Names mentioned 32 people and organisations named in the text · linked when the evidence is strong
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FINANCIAL SERVICES AUTHORITY
p.1 ×10
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INDONESIA STOCK EXCHANGE
p.1 ×5
unresolved
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Bapepam-LK
p.2 ×2
unresolved
org
PT Raya Saham Registra. Indonesian
p.2
unresolved
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Minister of Justice
p.5
unresolved
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District Court
p.5
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person
Ir. Nanette Cahyanie Handari Adi Warsito
· Notaris
p.5 ×5
unresolved
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Minister of Law and Human Rights
p.5 ×3
unresolved
org
PT Raya Saham Registra
p.5 ×2
unresolved
—
BBH luxembourg S/A Fidelity
p.5 ×2
unresolved
org
PT Indoritel Makmur International
p.10
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