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20241120_LPCK_Ringkasan Risalah//Risalah RUPS_31779829_lamp1.pdf

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        SUMMARY OF THE MINUTES OF THE EXTRAORDINARY GENERAL MEETING OF
                                SHAREHOLDERS

                                         PT LIPPO CIKARANG TBK

The Board of Directors of PT Lippo Cikarang Tbk (the “Company”) hereby announces to the
Shareholders that the Extraordinary General Meeting of Shareholders (the “Meeting”) was held on
Tuesday, 19 November 2024 at Aryaduta Hotel Jakarta, Jalan Prajurit KKO Usman dan Harun Number
44-48, Gambir, Central Jakarta, opened at 10.16 WIB and closed at 11.01 WIB.

   I.   Chairman of Meeting

        The Meeting was led by Mr. Didik Junaedi Rachbini, as President Commissioner / Independent
        Commissioner of the Company, based on No. 011/XI/2024/COS dated 11 November 2024.

  II.   Attendance of Board of Directors and Board of Commissioners

        Board of Commissioners
          -   President Commissioner / Independent Commissioner                : Didik Junaedi Rachbini
            -      Independent Commissioner                                    : Hadi Cahyadi

        Board of Directors
          -   President Director                                               : Gita Irmasari
            -      Director                                                    : Marshal Martinus Tissadharma*
            -      Director                                                    : Marlo Budiman
            * Attended the meeting via teleconference.

 III.   Quorum of Attendance

        The Meeting was attended by 2,272,179,550 shares representing 84.7955% of the total
        2,679,600,000 shares issued and fully paid-up by the Company.

 IV.    Submission of Questions and/or Opinions Related to the Meeting Agenda

        During each discussion of the Meeting Agenda, the Company provided an opportunity for
        shareholders or proxy of shareholders to raise questions and/or opinions related to the
        discussion of each Meeting Agenda. Until the end of the Meeting, there is 1 (one) shareholder
        or proxy of shareholder present at the Meeting that raises question and/or opinion.

 V.     Meeting Resolution Mechanism

               The Meeting Resolution Mechanism is conducted through deliberative voting for
                consensus.
               Each holder of 1 (one) share is entitled to cast 1 (one) vote.
               Shareholders or proxies of shareholders who do not vote or abstain from voting will be
                counted in the majority vote of the voting results.
               Voting is conducted after the presentation of each Agenda item of the Meeting.
               Resolutions for the First Agenda Item of the meeting shall be valid if approved by more than
                2/3 (two-thirds) of the total number of shares with valid voting rights issued at the Meeting.
               Resolutions for the Second Agenda Item of the meeting shall be valid if approved by more
                than 1/2 (one-half) of the total number of shares with valid voting rights issued at the
                Meeting.


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VI.    Independent Parties and/or Appointed Capital Market Supporting Professionals

       Notary                              :    Aulia Taufani, S.H., as Public Notary
       Securities Administration Bureau    :    Soeroto from PT Sharestar Indonesia
       Public Accountant                   :    Jul Edy Siahaan from Kantor Akuntan Publik Amir
                                                Abadi Jusuf, Aryanto, Mawar & Rekan
       Legal Consultant                    :    Rambun Tjajo from TnP Law Firm

VII.   Meeting Agenda and Voting Results

       First Meeting Agenda

       Approval of the amendment to the provisions of Article 4 paragraph (1) of the Company's
       Articles of Association, related to the increase in authorized capital.

                     Agree                         Disagree                      Abstain
        Shares                %           Shares          %           Shares               %
        2,258,628,112      99.4036%       13,543,638        0.5961% 7,800                0.0003%
        Total Votes Agreed                2,258,635,912 shares or 99.4039% of the total valid
                                          shares present at the Meeting decided to approve the
                                          resolution of the First Agenda of the Meeting.

        Meeting Resolution                1.   Approve the amendment to Article 4 paragraph (1)
                                               of the Company's Articles of Association related to
                                               the increase of the Company's Authorized Capital to
                                               Rp3,500,000,000,000.00 (three trillion five hundred
                                               billion Rupiah) divided into 7,000,000,000 (seven
                                               billion) shares with a nominal value of Rp500,00
                                               (five hundred Rupiah) per share; and

                                          2.   Approved the granting of authority and power with
                                               the right of substitution to each member of the Board
                                               of Directors of the Company, either individually or
                                               jointly, and/or the Corporate Secretary to take all
                                               necessary actions related to the resolutions of this
                                               Meeting, including but not limited to appearing
                                               before the authorities, providing and/or requesting
                                               information, submitting applications for approval of
                                               amendments to the Company's Articles of
                                               Association to the Minister of Law of the Republic of
                                               Indonesia and other relevant authorities, drafting or
                                               and signing deeds and letters and other documents
                                               that are necessary or deemed necessary, appearing
                                               before a Notary to make and sign a deed of
                                               statement of the Company's Meeting resolutions
                                               and carrying out other matters that must be and/or
                                               can be carried implemented for the realization of the
                                               Meeting Resolution.

        Others                            There is 1 (one) shareholder or proxy of shareholder
                                          present at the Meeting that raises question and/or
                                          opinion.




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Second Meeting Agenda

Approval of the company's plan to conduct a Capital Increase with Pre-emptive Rights II
(“PMHMETD II”) to the Company's shareholders through a limited public offering mechanism
with pre-emptive rights under the Financial Services Authority (“OJK”) Regulation
No.32/POJK.04/2015 regarding Capital Increase of Public Companies with Pre-emptive Rights
as amended by OJK Regulation No.14/POJK.04/2019 and the increase in the Company's paid-
up and issued capital related to the implementation of PMHMETD II.

             Agree                         Disagree                      Abstain
 Shares               %           Shares          %           Shares               %
 2,258,584,522      99.4017%      13,587,228        0.5980% 7,800                0.0003%
 Total Votes Agreed               2,258,592,322 shares or 99.4020% of the total valid
                                  shares present at the Meeting decided to approve the
                                  resolution of the First Agenda of the Meeting.

 Meeting Resolution               1.   Approve the capital increase plan of the Company
                                       to issue Pre-emptive Rights (“HMETD”) of up to
                                       3,000,000,000 (three billion) ordinary shares with a
                                       nominal value of Rp500.00 (five hundred Rupiah)
                                       per share (“New Shares”) offered with due
                                       observance of the Financial Services Authority
                                       Regulation No. 32/POJK.04/2015 regarding Capital
                                       Increase of Public Companies with Pre-emptive
                                       Rights as amended by OJK Regulation No.
                                       14/POJK.04/2019.

                                  2.   Approve the amendment of the Company's Articles
                                       of Association including but not limited to the
                                       amendment of Article 4 paragraph 2 of the
                                       Company's Articles of Association, in relation to the
                                       increase in the Company's Issued and Paid-up
                                       Capital in accordance with the results of PMHMETD
                                       II through a limited public offering mechanism with
                                       Pre-emptive Rights.

                                  3.   Approved the granting of power and authority to the
                                       Board of Directors and/or Corporate Secretary with
                                       the right of substitution, to take any and all actions
                                       in connection with matters relating to PMHMETD II,
                                       such as the appointment of Underwriters/Standby
                                       Buyers, Public Accounting Firm, Legal Consultant,
                                       Securities Administration Bureau and other related
                                       institutions as well as granting power and authority
                                       to carry out all necessary actions related to
                                       PMHMETD II through the mechanism of limited
                                       public offering with Pre-emptive Rights with due
                                       observance of the prevailing laws and regulations
                                       in the Capital Market, in particular POJK No.
                                       32/2015 including but not limited to (i) signing the
                                       registration statement to be submitted to OJK, (ii)
                                       determining the certainty of the number of New
                                       Shares issued with the approval of the Company's
                                       Board of Commissioners and the ratio of
                                       shareholders entitled to Pre-emptive Rights, the
                                       exercise price in the framework of PMHMETD II.
                                       32/2015 including but not limited to (i) signing the
                                       registration statement to be submitted to OJK, (ii)


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     determining the certainty of the number of New
     Shares issued with the approval of the Company's
     Board of Commissioners and the ratio of
     shareholders entitled to Pre-emptive Rights, the
     exercise price in the framework of PMHMETD II, the
     date of the Register of Shareholders entitled to Pre-
     emptive Rights, and the PMHMETD II Schedule, (iii)
     determining the plan for the use of funds obtained
     from the proceeds of PMHMETD II, (iv) sign the
     letters and documents required in the framework of
     PMHMETD II through the mechanism of limited
     public offering with Pre-emptive Rights, as well as
     make adjustments or other actions deemed
     necessary in accordance with the responses of OJK
     and other authorized agencies and applicable laws
     and regulations including but not limited to signing
     any agreements and/or documents related to the
     implementation of PMHMETD II including related to
     the receipt of funds either partially or wholly in
     connection with PMHMETD II, (v) declare or affirm
     one or more resolutions of the Meeting in one or
     more notarial deeds either simultaneously or
     separately along with the amendments and/or
     additions thereto, and (vi) take all and every action
     required in connection with PMHMETD II through
     the mechanism of limited public offering with Pre-
     emptive Rights, without any action being excluded,
     all with due observance of the provisions of the
     prevailing laws and regulations and the prevailing
     regulations in the Capital Market.

4.   Approved the granting of authority to the
     Company's Board of Commissioners to declare the
     determination and realization of the number of New
     Shares issued in PMHMETD II, the exercise price
     of Pre-emptive Rights, the date of the list of the
     Company's shareholders entitled to Pre-emptive
     Rights, the ratio of the Company's shareholders
     entitled to Pre-emptive Rights, and the
     implementation schedule of PMHMETD II as
     proposed by the Company's Board of Directors,
     with due observance of the prevailing laws and
     regulations including regulations in the field of
     capital markets.

5.   Approve the listing of all New Shares on the
     Indonesia Stock Exchange in accordance with the
     prevailing laws and regulations.

6.   To authorize, ratify and approve the actions that
     have been and will be carried out by the Board of
     Commissioners and/or the Board of Directors of the
     Company in the framework of PMHMETD II through
     a limited public offering mechanism with Pre-
     emptive Rights to Shareholders, including but not
     limited to preparing and/or submitting information
     including preliminary prospectus, prospectus and
     summary prospectus as long as such actions
     continue to pay attention to POJK No. 32/2015 and
     other capital market regulations.


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                                   7.   Approved the granting of authority and power with
                                        the right of substitution to each member of the
                                        Board of Directors of the Company, either
                                        individually or jointly, and/or the Corporate
                                        Secretary to take all actions related to the
                                        resolutions of this Meeting, including but not limited
                                        to appearing before the authorities, giving and/or
                                        requesting information, submitting acceptance of
                                        notification of changes to the Company's articles of
                                        association to the Minister of Law of the Republic of
                                        Indonesia and other relevant authorities, making or
                                        and signing deeds and letters and other documents
                                        that are necessary or deemed necessary,
                                        appearing before a Notary to make and sign a deed
                                        of statement of the Company's Meeting resolutions
                                        and carrying out other matters that must be and/or
                                        can be carried out for the realization/realization of
                                        the Meeting resolutions.

 Others                            There is 1 (one) shareholder or proxy of shareholder
                                   present at the Meeting that raises question and/or
                                   opinion.


This Summary of Minutes is also to comply with the provisions of the Financial Services
Authority Regulation, Article 51 and Article 52 paragraph (1) of POJK 15/2020 concerning the
Planning and Implementation of General Meetings of Shareholders of Public Companies, and
Regulation Number 31/POJK.04/2015 dated 16 December 2015 concerning Disclosure of
Information or Material Facts by Issuers or Public Companies and the Decree of the Board of
Directors of the Indonesia Stock Exchange No. KEP-00015/BEI/01-2021 dated 29 January
2021 regarding Amendments to Regulation No. I-E concerning Obligations to Submit
Information.



                           Bekasi, November 20, 2024
                       Board of Directors of the Company




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Names mentioned 14 people and organisations named in the text · linked when the evidence is strong

linked org LIPPO CIKARANG TBK p.1 ×5
linked person Didik Junaedi Rachbini · President Commissioner p.1 ×2
linked person Hadi Cahyadi p.1
linked person Gita Irmasari p.1
linked person Marshal Martinus Tissadharma p.1
linked person Marlo Budiman p.1
linked person Amir Abadi Jusuf p.2
unresolved person Aulia Taufani p.2
unresolved org PT Sharestar Indonesia Public Accountant p.2
unresolved org Kantor Akuntan Publik Amir Abadi Jusuf p.2
unresolved org Mawar & Rekan p.2
unresolved org Minister of Law p.2 ×2
unresolved org Financial Services Authority p.3 ×3
unresolved org Indonesia Stock Exchange p.4 ×2

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