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20240621_LPCK_Ringkasan Risalah//Risalah RUPS_31663599_lamp3.pdf

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Page 1
       SUMMARY OF MINUTES OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS OF
                              PT LIPPO CIKARANG TBK

The Board of Directors of PT Lippo Cikarang Tbk ("the Company") hereby announces to the Shareholders
that the Annual General Meeting of Shareholders ("the Meeting") has been convened on Wednesday,
June 19, 2024, at Aryaduta Hotel Jakarta, Jalan Prajurit KKO Usman dan Harun Number 44-48, Gambir,
Central Jakarta, which commenced at 10:14 WIB and concluded at 11:22 WIB.

  I.   Chairman of the Meeting
       The Meeting was chaired by Mr. Didik Junaedi Rachbini, as the President Commissioner
       (Independent) of the Company, in accordance with the Board of Commissioners' Letter of
       Appointment No. SK LC-006/VI/2024/COS dated June 4, 2024.

 II.   Attending Members of the Board of Commissioners, the Board of Directors, and the Audit
       Committee under the Board of Commissioners

       Board of Commissioners (“BOC”)
        - President Commissioner (Independent)          : Didik Junaedi Rachbini
        - Independent Commissioner                      : Hadi Cahyadi*)
        - Commissioner                                  : George Raymond Zage III*)

       Board of Directors (“BOD”)
        - President Director                            : Ketut Budi Wijaya
        - Director                                      : Gita Irmasari
        - Director                                      : Marshal Martinus Tissadharma*)

       Audit Committee (“AC”)
        - Chairman                                      : Didik Junaedi Rachbini
        - Member                                        : Rajiv Krishna*)
       *) attended the Meeting via teleconference

III.   Attendance Quorum
       The Meeting was attended by 2,268,018,670 shares, representing 84.6402% of the total
       2,679,600,000 shares issued and fully paid by the Company.

IV.    Inquiries for and/or Responses to the Agenda of the Meeting
       During the discussion of each Agenda of the Meeting, the Company provided an opportunity for
       Shareholders or their Proxies to ask questions and/or give opinions related to the Agenda under
       discussion. By the end of the Meeting, there were no questions and/or responses from the
       Shareholders or their Proxies.

V.     Voting Mechanism
        Resolutions of each Meeting’s Agenda are adopted through deliberation for consensus.
           Were deliberation for such consensus not reached, resolutions in the Meeting shall be
           resolved by voting;
        Voting can be carried out (a) electronically (e-Voting) via eASY.KSEI application or systems
           utilized by the appointed Securities Administration Bureau, in which the e-Voting guide
           and/or tutorial videos have been uploaded to the Company’s website since the date of
           Convocation of the Meeting and (b) physically/directly in the Meeting’s hall via voting cards
           to be given to the Securities Administration Bureau;
        Each holder of 1 (one) share are entitled to cast 1 (one) vote;
        Shareholders or their Proxies who do not cast a vote or choose to abstain are considered
Page 2
             casting the same vote as the majority of voting results;
            Voting is carried out after the presentation of each Agenda of the Meeting;
            Resolutions of the First to Fifth Agenda will be adopted if approved by more than ½ (one
             half) of the total votes validly casted in the Meeting;
            Resolutions of Sixth and Seventh Agenda will be adopted if approved by at least ⅔ (two
             thirds) of the total votes validly casted in the Meeting.

VI.    Appointed Independent Parties and/or Supporting Professionals in Capital Market
       1. Ms. Aryanti Artisari, S.H., M.Kn. as the Public Notary.
       2. Mr. Soeroto dan Mr. Faisal from PT Sharestar Indonesia as the Securities Administration
           Bureau.
       3. Mr. Jul Edy Siahaan as the Public Accountant from Public Accounting Firm Amir Abadi Jusuf,
           Aryanto, Mawar & Partners.
       4. Mr. Ir. Yohn P.S. Napitupulu, M.Sc., MAPPI (Cert.) from Public Appraisal Services Office
           Febriman Siregar & Partners, represented in the Meeting by Mr. Didiek Agus Priatmiko.

VII.       Agenda of the Meeting and the Voting Results

        First Agenda
        Approval of the Annual Report of the Company including the BOC’s Supervisory Duties Report
        as well as Ratification of the Financial Statements of the Company for the Financial Year Ended
        on December 31, 2023.

                          Approve                           Reject                        Abstain
           Shares                 %                Shares               %     Shares               %
           2,265,754,665           99.9002%        0                    0     2,264,005            0.0998
           Total Votes of Approval                 2,268,018,670 shares or 100%
           Resolutions                              1. Approve the Annual Report of the Company for the
                                                       financial year ended on December 31, 2023 including
                                                       the Supervisory Duties Report of the Board of
                                                       Commissioners, as well as to ratify the Financial
                                                       Statements of the Company for the financial year
                                                       ended on December 31, 2023 which had been
                                                       audited by the Public Accounting Firm of "Amir Abadi
                                                       Jusuf, Aryanto, Mawar & Rekan” as stated in its
                                                       report dated March 20, 2024, with the opinion that
                                                       “the financial statements present fairly in all material
                                                       respects”; and
                                                    2. Grant release and discharge (“volledig acquit et de
                                                       charge”) to the members of BOC and BOD of the
                                                       Company for the supervisory and management
                                                       duties performed in the financial year of 2023,
                                                       provided such management and supervisory duties
                                                       were performed as reflected in Annual Report and
                                                       Financial Statements of the Company for the financial
                                                       year of 2023 and were not criminal acts or violations
                                                       of prevailing regulations.
           Number of Inquiries/Responses           None
Page 3
Second Agenda
Allocation of the Company’s net profit for the Financial Year Ended on December 31, 2023.

            Approve                           Reject                       Abstain
 Shares              %              Shares               %      Shares               %
 2,267,424,220       99.9738%       0                     0     594,450              0.0262%
 Total Votes of Approval            2,268,018,670 shares or 100%
 Resolutions                         1. Agree to set aside a fund of IDR 300,000,000 (three
                                         hundred million rupiahs) as reserve fund.
                                     2. Agree to set the remaining net profit for the period of
                                         the financial year ended on December 31, 2023 of IDR
                                         108,583,055,443 (one hundred and eight billion five
                                         hundred eighty three million fifty five thousand four
                                         hundred forty three rupiah) as retained earnings of
                                         the Company.
                                     3. Agree not to distribute dividends for the financial year
                                         ended on December 31, 2023.
 Number of Inquiries/Responses      None

Third Agenda
Appointment of Public Accounting Firm and/or Public Accountant to Perform Audit on the
Company for the Financial Year Ended on December 31, 2024 including any other audited
Financial Statements as required by the Company.

              Approve                           Reject                         Abstain
 Shares                  %             Shares                %      Shares               %
 2,267,424,220           99.9738%      0                     0      594,450              0.0262%
 Total Votes of Approval               2,268,018,670 shares or 100%
 Resolutions                           1. Grant power and authority to the BOC to appoint the
                                           Public Accountant and/or Public Accounting Firm, based
                                           on recommendation from AC, to provide audit services
                                           on the Company's Financial Statements for the financial
                                           year of 2024, including to appoint another Public
                                           Accountant and/or Public Accounting Firm registered
                                           with OJK if for one reason or another the former Public
                                           Accountant and/or the Public Accounting Firm were
                                           unable to carry out their duties; and
                                       2. Grant authority to the BOC, with the right of substitution
                                           to the BOD of the Company through the decision of the
                                           BOC, to determine the amount of professional
                                           honorarium, sign documents, and all actions related to
                                           the appointment of the Public Accountant and/or Public
                                           Accounting Firm.
 Number of Inquiries/Responses         None
Page 4
Fourth Agenda
Changes and/or reconfirmation of the membership composition of BOC and/or the BOD of the
Company.

             Approve                          Reject                          Abstain
 Shares                %           Shares             %             Shares              %
 2,266,588,478         99.9369%    835,742            0.0368%       594,450             0.0262%
 Total Votes of Approval           2,267,182,928 shares or 99.9632%
 Resolutions                        1. Reconfirm the honorable discharge of the late Ms. Maria
                                        Clarissa Fernandez Joesoep from the position as the
                                        Director of the Company.
                                    2. Approve the resignation of Mr. Ketut Budi Wijaya from his
                                        position as the President Director of the Company
                                        effective at the conclusion of the Meeting, and granting
                                        him full release and discharge (volledig acquit et de
                                        charge) insofar as his actions are reflected in the books,
                                        records, and financial statements of the Company.
                                    3. Approve the appointment of Ms. Gita Irmasari as the new
                                        President Director of the Company.
                                    4. Approve the appointment of Mr. Marlo Budiman as the
                                        new Director of the Company.
                                   5. Approve the changes in and reconfirm the composition of
                                       the BOC and BOD of the Company as of the closing of this
                                       Meeting until the end of the term of office for new
                                       members of the BOC and BOD at the close of the Annual
                                       General Meeting of Shareholders in 2026, without
                                       prejudice to the right of the General Meeting of
                                       Shareholders to dismiss them at any time, as follows:

                                       Board of Commissioners
                                       President Commissioner     : Didik Junaedi Rachbini
                                       (Independent)
                                       Independent                : Hadi Cahyadi
                                       Commissioner
                                       Commissioner               : Anand Kumar
                                       Commissioner               : George Raymond Zage III

                                       Board of Directors
                                       President Director         : Gita Irmasari
                                       Director                   : Marshal Martinus
                                                                    Tissadharma
                                       Director                   : Marlo Budiman

                                   6. To grant power and authority with rights of substitution
                                      to each member of BOD, both jointly and severally, and/or
                                      Corporate Secretary to take all actions related to the
                                      aforementioned resolutions, including but not limited to
                                      making or requesting the making of as well as signing all
                                      deeds regarding the membership composition of BOD and
                                      BOC, and registering such changes in the Company
                                      Register as required by prevailing laws and regulations.
 Number of Inquiries/Responses     None
Page 5
Fifth Agenda
Determination of remuneration for BOC and/or BOD of the Company for 2024.

              Approve                              Reject                       Abstain
 Shares                  %               Shares               %       Shares            %
 2,267,424,220           99.9738%        0                     0      594,450           0.0262%
 Total Votes of Approval                 2,268,018,670 shares or 100%
 Resolutions                              1. Approve the granting of authority to the BOC of the
                                              Company to carry out nomination and remuneration
                                              functions    to     determine    the    amount       of
                                              honorarium/salary, allowances, bonuses, incentives
                                              and/or other remuneration for members of the BOC in
                                              accordance with the structure and amount of
                                              remuneration based on the Company's remuneration
                                              policy for the financial year ended on December 31,
                                              2024 while taking into account, among others, inflation
                                              factors and the Company's financial condition while
                                              observing the OJK Regulation No. 34/POJK.04/2014.
                                          2. Grant power and authority to the BOC of the Company
                                              to determine the amount of honorarium/salary,
                                              allowances, bonuses, incentives and/or other
                                              remuneration for members of the BOD in accordance
                                              with the structure and amount of remuneration based
                                              on the Company's remuneration policy for the financial
                                              year ending on December 31, 2024 while taking into
                                              account, among others, inflation factors and the
                                              Company's financial condition and while observing the
                                              OJK Regulation No. 34/POJK.04/2014.
 Number of Inquiries/Responses           None

Sixth Agenda
Approval of the plan to add supporting business activities to the Company, including the
discussion of the feasibility study regarding the addition of supporting business activities of the
Company.

               Approve                             Reject                          Abstain
 Shares                  %               Shares                %      Shares               %
 2,267,424,220           99.9738%        0                     0      594,450              0.0262%
 Total Votes of Approval                 2,268,018,670 shares or 100%
 Resolutions                             Approve the addition of supporting business activities of
                                         the Company by registering additional KBLI code for
                                         Supporting Activities for Land Transportation, namely KBLI
                                         52214 for On-Street Parking Activities and KBLI 52215 for
                                         Off-Street Parking Activities which shall be expressed in the
                                         amendment to the Company’s AOA with due observance of
                                         the feasibility report made by KJPP Febriman Siregar and
                                         Partners as is stated in the Feasibility Report for the
                                         Addition of Supporting Business Activities of PT Lippo
                                         Cikarang Tbk No. 00411/2.0109-05/BS/03/0069/1/V/2024
                                         dated May 13, 2024.
 Number of Inquiries/Responses           None
Page 6
 Seventh Agenda
 Amendment and restatement to the Company’s Articles of Association (“AOA”).

               Approve                           Reject                         Abstain
  Shares                  %            Shares                %      Shares              %
  2,267,424,220           99.9738%     0                     0      594,450             0.0262%
  Total Votes of Approval              2,268,018,670 shares or 100%
  Resolutions                           1. Approve the amendment to the Company’s AOA, as is
                                            pointed out in the materials for the Meeting provided
                                            by the Company and to rearrange and restate the
                                            Company’s AOA.
                                        2. Appoint and grant authority with right of substitution
                                            to each member of BOD of the Company, both jointly
                                            and severally, and/or the Corporate Secretary to take
                                            all actions related to this resolution of the Meeting,
                                            including but not limited to appearing before the
                                            authorities, assembling meetings, giving and/or
                                            requesting for information, drafting the proposal for
                                            and/or reporting of the amendment to the Company’s
                                            AOA to the Minister of Law and Human Rights of the
                                            Republic of Indonesia as well as other related
                                            authorities, making as well as signing deeds, letters,
                                            and other documents as required or deemed
                                            required, appearing before Notary to request the
                                            making of and sign the statement of resolutions of the
                                            Company’s Meeting and implementing any other
                                            required and/or possible actions for the purpose of
                                            realizing the Meeting’s resolutions.
  Number of Inquiries/Responses        None

The Summary of Minutes of the Meeting is made also in pursuant to OJK Regulation No.
31/POJK.04/2015 dated December 16, 2015 regarding Disclosure of Information or Material Facts
by Issuer or Public Company and Resolution of the Directors of Indonesia Stock Exchange No. KEP-
00015/BEI/01-2021 dated January 29, 2021 concerning Changes in Regulation No. I-E regarding the
Obligation to Submit Information.


                                   Bekasi, June 21, 2024
                             Board of Directors of the Company

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Names mentioned 25 people and organisations named in the text · linked when the evidence is strong

linked org LIPPO CIKARANG TBK p.1 ×8
linked person Didik Junaedi Rachbini p.1 ×4
linked person Hadi Cahyadi p.1 ×2
linked person George Raymond Zage III p.1 ×2
linked person Ketut Budi Wijaya p.1 ×2
linked person Gita Irmasari p.1 ×3
linked person Marshal Martinus Tissadharma p.1 ×2
linked person Rajiv Krishna p.1
linked person Amir Abadi Jusuf p.2 ×2
linked person Marlo Budiman p.4 ×2
linked person Anand Kumar p.4
unresolved person Aryanti Artisari p.2
unresolved person Soeroto p.2
unresolved person Faisal p.2
unresolved org PT Sharestar Indonesia p.2
unresolved person Jul Edy Siahaan p.2
unresolved org Mawar & Partners p.2
unresolved person Ir. Yohn P.S. Napitupulu p.2 ×2
unresolved org Public Appraisal Services Office Febriman Siregar & Partners p.2
unresolved person Didiek Agus Priatmiko. VII. p.2
unresolved org Mawar & Rekan p.2
unresolved person Maria Clarissa Fernandez Joesoep p.4
unresolved org KJPP Febriman Siregar p.5
unresolved org Minister of Law and Human Rights p.6
unresolved org Indonesia Stock Exchange p.6

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