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20240625_KPIG_Laporan Informasi dan Fakta Material_31675081_lamp2.pdf
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Results of the AGMS & EGMS of PT MNC Land Tbk
Jakarta, June 25, 2024 – Today, PT MNC Land Tbk (the Company or IDX: KPIG) held its Annual
General Meeting of Shareholders (AGMS) to approve and accept the Annual Report of the Board of
Directors, Sustainability Report of the Company, and and the Supervisory Duties Report of the
Board of Commissioners for the Financial Year ended on December 31, 2023. In addition, the
AGMS also approved and ratified the Company's Financial Statements for the 2023 Financial Year.
In 2023, the Company recorded a net revenue of Rp1,421.0 billion, soaring 26.7% from Rp1,121.9
billion in 2022. The hotel and resort segment achieved an outstanding performance, becoming the
main contributor to revenue growth, surging 60.0% year-on-year (yoy) to a total of Rp811.9 billion,
compared to Rp507.5 billion in 2022. KPIG’s revenue was mainly derived from the hotel and resort
segment, accounting for 57.1% of the total revenue, followed by property management and other
services at 29.8%, office space rental at 12.1%, and apartment and other properties at 1.0%.
The Company's EBITDA reached Rp207.7 billion in 2023, representing a 9.0% yoy jump from
Rp190.6 billion in 2022. KPIG's net profit was recorded at Rp345.1 billion in 2023, skyrocketing
92.3% yoy from Rp179.5 billion in the same period last year.
In addition, KPIG’s AGMS has also accepted the resignation of Mr. Edwin Darmasetiawan from his
role as the Vice President Director, effective at the end of September 2023, and Mr. Vincent Henry
Richard Hilliard from his role as the Director. Thus, the composition of the Company’s Board of
Commissioners and the Board of Directors are as follows:
Board of Commissioners Board of Directors
President Commissioner : Hary Tanoesoedibjo President Director : M. Budi Rustanto
Commissioner : Liliana Tanaja Tanoesoedibjo Vice President Director : Andrian Budi Utama
Independent Susaningtyas Nefo Handayani Director : Michael Stefan Dharmajaya
Commissioner : Kertopati
Director : Alex Wardhana
Independent
Stien Maria Schouten Director : Natalia Cecilia Tanudjaja
Commissioner :
Director : Junita Sari Ujung
After holding the AGMS, the Company also held an Extraordinary General Meeting of
Shareholders (EGMS) to approve the plan to guarantee the assets of the Company and/or its
subsidiaries, in accordance with the provisions of POJK No.42/POJK.04/2020 and
POJK No.17/POJK.04 /2020.
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PT MNC Land Tbk (IDX: KPIG) a member of MNC Group
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For further information, please contact: PT MNC Land Tbk
Natassha Yunita – Head of Investor Relations MNC Tower, 17/F, MNC Center
natassha.yunita@mncgroup.com Jl. Kebon Sirih No. 17-19, Menteng
investorrelations.mncland@mncgroup.com Central Jakarta 10340, Indonesia
Phone: +62 21 3927471
Fax: +62 21 3921227
www.mncland.com
DISCLAIMER
By accepting this Press Release, you agree to be bound by the restrictions set out below. Any failure to comply with these
restrictions may constitute a violation of applicable securities laws.
The information and opinions contained in this Press Release have not been independently verified, and no representation
or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness
or correctness of, the information or opinions contained herein. It is not the intention to provide, and you may not rely on
this Press Release as providing, a complete or comprehensive analysis of the condition (financial or other), earnings,
business affairs, business prospects, properties or results of operations of The Company or its subsidiaries. The information
and opinions contained in this Press Release are provided as at the date of this presentation and are subject to change
without notice. Neither The Company (including any of its affiliates, advisors and representatives) nor the underwriters
(including any of their respective affiliates, advisors or representatives) shall have any responsibility or liability whatsoever
(in negligence or otherwise) for the accuracy or completeness of, or any errors or omissions in, any information or opinions
contained herein nor for any loss howsoever arising from any use of this Press Release.
In addition, the information contained in this Press Release contains projections and forward-looking statements that
reflect The Company's current views with respect to future events and financial performance. These views are based on a
number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and
contingencies as well as various risks and these may change over time and in many cases are outside the control of The
Company and its directors. No assurance can be given that future events will occur, that projections will be achieved, or
that The Company's assumptions are correct. Actual results may differ materially from those forecasts and projected.
This Press Release is not and does not constitute or form part of any offer, invitation or recommendation to purchase or
subscribe for any securities and no part of it shall form the basis of or be relied upon in connection with any contract,
commitment or investment decision in relation thereto.
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PT MNC Land Tbk (IDX: KPIG) a member of MNC Group
Names mentioned 13 people and organisations named in the text · linked when the evidence is strong
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Vincent Henry Richard Hilliard
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Kertopati
· Commissioner
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