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                                             SUMMARY OF MINUTES
                                ANNUAL GENERAL MEETING OF SHAREHOLDERS AND
                              EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
                                         PT DELTA DUNIA MAKMUR TBK

In compliance with the Financial Services Authority Regulation No. 15/POJK.04/2020 concerning the Plan and Implementation of
General Meeting of Shareholders of Public Limited Company (“POJK 15”), the Board of Directors of PT DELTA DUNIA
MAKMUR TBK (the “Company”), domiciled in South Jakarta, hereby announces that the Company has convened its Annual
General Meeting of Shareholders (“AGM”) and Extraordinary General Meeting of Shareholders (“EGM”) on Friday, June 21,
2024 at Financial Hall, Graha CIMB Niaga Lt. 2, Jl. Jend. Sudirman Kav 58, Jakarta Selatan (hereinafter collectively referred to as
the “Meeting”), which were were carried out physically and electronically through eASY.KSEI facility provided by PT Kustodian
Sentral Efek Indonesia (“KSEI”).

A.     The AGM was convened from 2.16 pm to 3.11 pm Western Indonesian Time

 I.    Member of the Company’s Board of Commissioners and Board of Directors who were presence at the AGM:
       Board of Commissioners:
       - President Commissioner and
           Independent Commissioners   : Hamid Awaludin
       - Commissioners                 : Ashish Gupta*

       Board of Directors:
       - President Director                  : Ronald Sutardja
       - Director                            : Dian Sofia Andyasuri
       - Director                            : Iwan Fuad Salim

       *presence through video conference

II.    Attendance Quorum at the AGM
       - That pursuant to article 24 paragraph (1) letter a of the Company’s Articles of Association, the Meeting is valid and can
         be held if attended by shareholders/their proxies representing more than ½ (one-half) of the total number of shares with
         valid voting rights issued by the Company for the entire Meeting Agenda.
       - That the AGM was attended by shareholders/their proxies amounting 5.948.409.576 shares which representing 76.3% of
         7.798.998.432 shares constituting all shares with valid voting rights issued by the Company until the recording date after
         deducting the number of shares from the shares buyback or treasury shares.
       - That the attendance quorum for holding the AGM has been complied with, and therefore the Meeting can be carried on
         and is entitled to adopt a legal and binding resolutions.

III.   The Opportunity to Raise Question or to Give Opinion
       - That every shareholder/proxy who was physically or virtually present was given the opportunity to ask questions and/or
         provide opinions related to each AGM Agenda.
       - That none of the shareholder/proxy asked questions and/or provided opinions related to all AGM Agenda.

IV.    The Resolution’s Mechanism Adopted in the AGM
       - The resolutions are adopted based on deliberative consensus. In the event the deliberation for consensus fails to
         achieve, then voting will be conducted.
       - Voting was conducted by submitting a voting card for those shareholders attended the Meeting and electronically
         (e-Voting) through eASY.KSEI for those virtually present.
       - If there is no dissenting vote and no abstention vote, then the resolutions is considered agreed upon by deliberative
         consensus. If anyone disagrees or votes abstain, the resolution will be conducted through a voting.
       - Pursuant to article 47 of POJK 15 and article 24 paragraph (6) of the Company's Articles of Association, abstention vote
         is considered casting the same vote as voting by the majority shareholders.

                                                                 1
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V.     The Meeting Agenda for AGM
      1. Approval of the Company’s Annual Report including Supervisory Report of the Board of Commissioners, and
         ratification of the Company’s Financial Statements for the financial year 2023, as well as granting full discharge and
         release of responsibilities (acquit et de charge) to the Company’s Board of Directors and Board of Commissioners for
         all management and supervisory actions during the financial year 2023.
      2. Approval of the use of the Company’s net profit for the financial year 2023.
      3. Approval of the appointment of Public Accountant and/or Public Accounting Firm to conduct an audit on the
         Company’s Financial Statements for the financial year 2024.
      4. Approval of the determination of salary or honorarium and/or other allowances for members of the Company’s Board of
         Commissioners and Board of Directors for the financial year 2024.
      5. Approval of the changes to the composition of members of the Company's Board of Commissioners and/or Board of
          Directors.

VI.    The AGM Resolutions
        First Agenda
        Number of question/opinion        None

        Voting Result                         Affimative             Abstain          Non-Affirmative    Total Affirmative
                                                                                                                Vote
                                                                                                            (Affirmative
                                                                                                             +Abstain)
        The Meeting is approved by       5,945,352,876          3,056,700 shares     0                  5,948,409,576
        majority votes                   shares or 99.9% of     or 0.1% of the                          shares or 100% of
                                         the total valid        total valid shares                      the total valid
                                         shares present         present at the                          shares present
                                         at the Meeting         Meeting                                 at the Meeting
        The Resolutions:                 1. Approved and accepted the Company's Annual Report for the financial
                                             year 2023, including the Company's Board of Commissioners and Directors
                                             Report and ratified the Company's Consolidated Financial Statements for
                                             the financial year ended December 31, 2023, which has been audited by
                                             Aria Kanaka & Rekan, a Public Accounting Firm affiliated with Mazars, as
                                             stated in its Independent Auditor's Report No. 00086/2.1011/AU.1/10/1013-
                                             3/1/III/2024 dated March 13, 2024, with unmodified opinion.

                                         2. Granted full release and discharge of responsibility (acquit et de charge) to
                                            all members of the Board of Commissioners and Board of Directors for
                                            their supervisory and management duties carried out during the financial
                                            year 2023, to the extent that such actions were reflected in the Annual
                                            Report and Consolidated Financial Statements of the Company for the
                                            financial year ended December 31, 2023.



        Second Agenda
        Number of question/opinion       None

        Voting Result                         Affirmative            Abstain          Non-Affirmative  Total Affirmative
                                                                                                               Vote
                                                                                                           (Affirmative
                                                                                                            +Abstain)
        The Meeting is approved by       5,930,703,393          0                   17,706,183 shares 5,930,703,393
        majority votes                   shares or 99.7%                            or 0.3% of the     shares or 99.7%
                                         of the total valid                         total valid shares of the total valid
                                         shares present                             present at the     shares present
                                         at the Meeting                             Meeting            at the Meeting
        The Resolutions:                 Approved the determination of the use of profit for the year attributable to the
                                         owners of the Company's parent entity for the financial year 2023 amounting
                                         to US$36,010,404 (thirty-six million ten thousand four hundred and four United
                                         States Dollars), to be used as follows:

                                         1.   Amounting US$10,000,000 (ten million United States Dollars) is used for
                                              the payment of cash dividend to the Company’s shareholders with the
                                              following payment details:
                                                                2
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                                  -   US$5,000,000 (five million United States Dollars) has been paid as
                                      interim cash dividend on December 22, 2023.
                                  - The remaining of US$5,000,000 (five million United States Dollars) will
                                      be paid as final cash dividend.
                                  - The schedule of final cash dividend payment will be announced on the
                                      Indonesia Stock Exchange website and the Company’s website, in
                                      accordance with the prevailing laws and regulations.
                                  In its implementation, the Board of Directors is granted with the right of
                                  substitution to take all actions deemed necessary in connection with the
                                  payment of final cash dividends, including determining the schedule,
                                  procedures and implementation of the distribution of final cash dividends.

                             2.    Amounting US$100,000 (one hundred thousand United States Dollars) is
                                   used to set aside reserve funds in accordance with the Company’s Article
                                   of Association.

                             3.   Amounting US$25,910,404 (twenty-five million nine hundred ten
                                  thousands four hundred and four United States Dollars) will be recorded
                                  as retained earnings to strengthen the Company’s capital.

Third Agenda
Number of question/opinion   None

Voting Result                     Affirmative          Abstain         Non-Affirmative       Total Affirmative
                                                                                                    Vote
                                                                                                (Affirmative
                                                                                                 +Abstain)
The Meeting is approved by   5,869,514,306          5,141,300 shares    73,753,970 shares 5,874,655,606
majority votes               shares or 98.7%        or 0.1% of the      or 1.2% of the      shares or 98.8%
                             of the total valid     total valid shares  total valid shares  of the total valid
                             shares present         present at the      present at the      shares present
                             at the Meeting         Meeting             Meeting             at the Meeting
The Resolutions:             Approve to grant power and authority to the Company's Board of
                             Commissioners to appoint a Public Accountant and/or Public Accounting Firm
                             or its successor that has an international reputation, good experience and
                             credibility, is registered with the Financial Services Authority, and meets other
                             criteria described earlier in this Meeting, to conduct an audit to the Company's
                             Financial Statements for the financial year ending December 31, 2024, as well
                             as to determine the amount of honorarium and other requirements related to
                             the appointment of the Public Accountant and/or Public Accounting Firm,
                             taking into account the proposals from the Board of Directors and the Audit
                             Committee.

Fourth Agenda
Number of question/opinion   None

Voting Result                     Affirmative          Abstain         Non-Affirmative   Total Affirmative
                                                                                                Vote
                                                                                            (Affirmative
                                                                                             +Abstain)
The Meeting is approved by   5,925,618,793        5,084,600 shares   17,706,183 shares 5.930.703.393
majority votes               shares or 99.6%      or 0.1% of the     or 0.3% of the     shares or 99.7%
                             of the total valid   total valid shares total valid shares of the total valid
                             shares present       present at the     present at the     shares present at
                             at the Meeting       Meeting            Meeting            the Meeting
The Resolutions:             1. Approved the amount of salary or honorarium and/or other allowances for
                                  members of the Company’s Board of Commissioners for the financial year
                                  2024, at a maximum of Rp12,500,000,000 (twelve billion five hundred
                                  million Rupiah) net after tax.

                             2.   Approved the granting of authority to the Board of Commissioners to
                                  determine the amount of salary and allowance for members of the Board
                                                   3
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                                               of Directors for the financial year 2024, taking into account the
                                               recommendation from the Nomination and Remuneration Committee, as
                                               well as applicable laws and regulations.

        Fifth Agenda                      Given until the Meeting was held, the Company did not receive any proposal from
                                          the shareholders regarding changes to the composition of the members of the
                                          Company's Board of Commissioners and/or Directors, therefore there was no
                                          discussion or decision making for the fifth Meeting Agenda.



B.     The EGM was convened from 3.16 pm to 3.39 pm Western Indonesian Time

 I.    Member of the Company’s Board of Commissioners and Board of Directors who were presence at the EGM:
       Board of Commissioners:
       - President Commissioner and
           Independent Commissioners   : Hamid Awaludin
       - Commissioners                 : Ashish Gupta*

       Board of Directors:
       - President Director                  : Ronald Sutardja
       - Director                            : Dian Sofia Andyasuri
       - Director                            : Iwan Fuad Salim

       *presence through video conference

II.    Attendance Quorum at the EGM
       -   That pursuant to article 27 paragraph (1) letter a of the Company’s Articles of Association, the Meeting is valid and can
           be held if attended by shareholders/their proxies representing more than 2/3 (two-third) of the total number of shares
           with valid voting rights issued by the Company for the first Meeting Agenda.
       -   That pursuant to article 24 paragraph (1) letter a of the Company’s Articles of Association, the Meeting is valid and can
           be held if attended by shareholders/their proxies representing more than ½ (one-half) of the total number of shares
           with valid voting rights issued by the Company for the second Meeting Agenda.
       -   That the EGM was attended by shareholders/their proxies amounting to 5,910,972,476 shares which representing
           75.79% of 7.798.998.432 shares constituting all shares with valid voting rights issued by the Company until the
           recording date after deducting the number of shares from the shares buyback or treasury shares.
       -   That the attendance quorum for holding the EGM has been complied with, and therefore the Meeting can be carried on
           and is entitled to adopt a legal and binding resolutions.

III.   The Opportunity to Raise Question or to Give Opinion
       -   That every shareholder/proxy who was physically or virtually present was given the opportunity to ask questions
           and/or provide opinions related to each EGM Agenda.
       -  That none of the shareholder/proxy asked questions and/or provided opinions related to all EGM Agenda.

IV.    The Resolution’s Mechanism Adopted in the EGM
       The resolutions’ mechanism adopted in the EGM is similar with the resolutions’ mechanism in the AGM as described at the
       upper part of this Minutes of Meeting.

 V.    The Meeting Agenda for EGM
       1. Approval of the Company's plan to reduce capital by canceling some of the shares buyback (treasury shares) of the
           Company.
       2. Approval of the Company’s plan to implement the Management and Employee Stock Ownership Program (MESOP
           Program) that comes from the transfer of some shares resulting from the shares buyback (treasury shares) of the
           Company.




                                                                  4
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VI.   The EGM Resolutions
       First Agenda
       Number of question/opinion   None

       Voting Result                     Affirmative          Abstain          Non-Affirmative Total Affirmative
                                                                                                     Vote
                                                                                                 (Affirmative
                                                                                                  +Abstain)
       The Meeting is approved by   5,910,256,176       0                 716,300 shares or 5,910,256,176
       majority votes               shares or 99.99%                      0.01% of the total shares or 99.99%
                                    of the total valid                    valid shares       of the total valid
                                    shares present                        present at the     shares present
                                    at the Meeting                        Meeting            at the Meeting
       The Resolutions:             1. Approved the Company's plan to carry out Reduction of Capital 2 by
                                        canceling some of the shares buyback from the remaining of Treasury
                                        Shares Phase 1 and some Treasury Shares Phase 2 of the Company in a
                                        maximum amount of 625,506,721 (six hundred twenty-five million five
                                        hundred six thousand seven hundred twenty one) shares.

                                    2. Amended Article 4 paragraph 2 of the Company's Articles of Association
                                       so that the Company's issued and paid-up capital changed to 7,573,281,711
                                       (seven billion five hundred seventy three million two hundred eighty one
                                       thousand seven hundred and eleven) shares or 28.05% of the Company’s
                                       authorized capital, as displayed on the presentation screen at the Meeting
                                       (while taking into account the amount and percentage of the buyback
                                       implementation of Treasury Shares Phase 2).

                                    3. Approve the authorization and granting power of attorney with the right of
                                       substitution to each member of the Board of Directors, jointly or
                                       individually to, if necessary, (i) appear before a notary to declare all or part
                                       of this Meeting resolutions, (ii) report or provide notification or to register
                                       this Meeting resolutions to any authorized official, including but not limited
                                       to the Ministry of Law and Human Rights, as regulated by applicable laws
                                       and regulations relating to the Company, (iii) submit and execute all
                                       applications and other documents as necessary to achieve the above
                                       objectives, and (iv) take steps deemed necessary to implement the
                                       resolutions taken at the Meeting.

       Second Agenda
       Number of question/opinion   None

       Voting Result                     Affirmative          Abstain          Non-Affirmative   Total Affirmative
                                                                                                        Vote
                                                                                                    (Affirmative
                                                                                                     +Abstain)
       The Meeting is approved by   5,233,822,441        299,781,000         377,369,035        5,533,603,441
       majority votes               shares or 88,54%     shares or 5.07%     shares or 6.38%    shares or 93.62%
                                    of the total valid   of the total valid  of the total valid of the total valid
                                    shares present       shares present      shares present     shares present
                                    at the Meeting       at the Meeting      at the Meeting     at the Meeting
       The Resolutions:             1. Approved the Company's plan to implement the Management and
                                         Employee Share Ownership Program (MESOP Program or LTSP Program
                                         Period 2) from the transfer of the Company’s shares buyback (Treasury
                                         Shares Phase 2) amounting a maximum of 409,939,422 (four hundred and
                                         nine million nine hundred thirty-nine thousand four hundred and twenty-
                                         two) shares.

                                    2.   Approve the authorization and granting of power of attorney with the right
                                         of substitution to each member of the Board of Directors, jointly or
                                         individually to, if necessary, (i) appear before a notary to declare all or
                                         part of this Meeting resolutions, (ii) report or provide notification or to
                                         register this Meeting resolutions to any authorized official, including but
                                                          5
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not limited to the Ministry of Law and Human Rights, as regulated by
applicable laws and regulations relating to the Company, (iii) submit and
execute all applications and other documents as necessary to achieve the
above objectives, and (iv) take steps deemed necessary to implement the
resolutions taken at the Meeting.




        Jakarta, 21 June 2024
          Direksi Perseroan
The Board of Directors of the Company




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Names mentioned 11 people and organisations named in the text · linked when the evidence is strong

linked org DELTA DUNIA MAKMUR TBK p.1 ×5
linked person Ashish Gupta p.1 ×2
linked person Ronald Sutardja p.1 ×2
linked person Dian Sofia Andyasuri p.1 ×2
linked person Iwan Fuad Salim p.1 ×2
possible person Aria Kanaka p.2
unresolved org Financial Services Authority p.1 ×2
unresolved org PT Kustodian Sentral Efek Indonesia p.1
unresolved org Aria Kanaka & Rekan p.2
unresolved org Indonesia Stock Exchange p.3
unresolved org Ministry of Law and Human Rights p.5 ×2

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