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Summary of Minutes of Annual General Meeting of Shareholders and Procedure for Distribution
    of Cash Dividends for Fiscal Year 2023 PT Solusi Bangun Indonesia Tbk (“Company”)


The Board of Directors of the Company hereby notifies the Shareholders of the Company, that the Company has held
an Annual General Meeting of Shareholders ("AGMS"), namely:

Day/Date                            : Friday, 31 May 2024
Time                                : 14.24 WIB – 16.06 WIB
Venue                               : Ra Suites Simatupang, Pandawa Room, Lt 2, Jl TB Simatupang No 30, Jakarta
                                      Selatan 12430, Indonesia

A. The Agenda of AGMS
   1. Approval of the Company's Annual Report and ratification of the Company's Financial Statements for the
       financial year ending 31 December 2023.
   2. Determination of the use of net profit in the financial year ending 31 December 2023.
   3. Appointment of a Public Accounting Firm as the Company's Independent Auditor to conduct an audit of the
       Company's books for the 2024 Fiscal Year.
   4. Approval of the delegation of authority to the Board of Commissioners to determine tantiem for the 2023
       financial year and remuneration (salaries, facilities and benefits) for the 2024 financial year for the Directors.
   5. Approval of the determination of tantiem for the 2023 financial year and remuneration (salary/honorarium,
       facilities and allowances) for the 2024 financial year for the Board of Commissioners.
   6. Amendments to Article 3 of the Articles of Association concerning Aims and Objectives and Business Activities,
       including adjustments to the Standard Classification of Indonesian Business Fields (KBLI 2020) and discussion
       of the Feasibility Study regarding additional business fields of the Company in order to fulfill the requirements
       and provisions of POJK No. 17/POJK.04/2020 concerning Material Transactions and Changes in Business
       Activities.
   7. Changes to the Company's Articles of Association.
   8. Approval of Changes the Company’s management.

B. The Board of Commissioners and Board of Directors of the Company attend at the AGMS
                     Board of Commissioners                                      Board of Directors

       Commissioner                      : Herudi Kandau Nugroho         President Director    : Lilik Unggul Raharjo
       Independent Commissioner          : Prijo Sambodo                 Director              : Ony Suprihartono
                                                                         Director              : Soni Asrul Sani
                                                                         Director              : Yasuhide Abe


C.   Compliance to Legal Procedures for the AGMS
     1. In accordance with the Financial Services Authority (OJK) Regulation No. 15/POJK.04/2020 regarding the Plan
        and Implementation of the General Meeting of Shareholders of a Public Company (hereinafter referred to as
        "POJK No. 15 of 2020"), the Company's Board of Directors has notified OJK regarding the date and agenda of
        the Meeting on 16 April 2024.
     2. The announcement of the holding of this Meeting on 23 April 2024.
     3. Announcement on disclosure of information in relation to the six agenda of the Meeting on 23 April 2024 as
        amended and supplemented on 29 May 2024.
                                                                                                                        1
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     4. The invitation to shareholders to attend the Meeting on 8 May 2024.
     5. Rectification of Invitation to shareholders on 27 May 2024.
     Each of these announcements, summons and corrections to summons have been published on the Company's
     website, the eASY.KSEI website, and the Integrated Electronic Reporting Facility of the Indonesian Financial Services
     Authority & Stock Exchange ("SPE OJK").

D. Quorum of Presence of Shareholders
   The AGMS were attended by the Shareholders or Authorized Shareholders of the Company amounting to
   8,900,115,479 shares or equal to 98.6777% of all shares that have been issued and fully paid in the Company
   namely 9,019,381,973 shares.

E.   Opportunities for Questions and Answers
     Shareholders and/or their proxies who represent them, have been given the opportunity to ask questions and/or
     give opinions in each meeting agenda verbally and electronically through eASY.KSEI system.

F.   Decision Making Mechanism
     Decision making is carried out by voting verbally and electronically through eASY.KSEI system.

G. Independent Parties for Vote Counting
   The company has appointed independent parties, namely Notary Aulia Taufani S.H. and PT Datindo Entrycom as
   the Securities Administration Bureau to perform the vote counting.

H. Decision of Meetings
   AGMS Decisions are as follows:

                                                     AGMS First Agenda
       Number of Shareholders           There are no shareholders who ask questions.
       Asking Question
       Decision           Making        Voting verbally and electronically through eASY.KSEI system.
       Mechanism
       The Result of Vote                        Agree                        Abstain                     Disagree
                                        8,900,115,479 shares or 0                                 0
                                        100%
       Decision                         Approved the Company's Annual Report for the 2023 Fiscal Year and the
                                        Supervisory Report of the Board of Commissioners and ratified the Company's
                                        Financial Statements for the 2023 Fiscal Year which had been audited by the
                                        Public Accounting Firm of Imelda & Rekan (a member firm of Deloitte Touche
                                        Tohmatsu) with an unqualified opinion in accordance with its report Number:
                                        00039/2.1265/AU.1/04/1672-1/1/III/2024 dated 7 Maret 2024, with the
                                        opinion “fairly, in all material respects, the consolidated financial position of PT
                                        Solusi Bangun Indonesia Tbk and its subsidiaries as at 31 December 2023, and
                                        their consolidated financial performance and cash flows for the year then
                                        ended in accordance with Indonesian Financial Accounting Standards” and
                                        provide full release and discharge (acquit et de charge) to all members of the
                                        Company's Board of Directors for management actions and to all members of
                                        the Board of Directors of the Company. all members of the Company's Board
                                        of Commissioners for their supervisory actions during the Company's financial
                                        year ending on 31 December 20232, as long as the action is reflected in the
                                        Company's report book and does not constitute a criminal act.

                                                                                                                               2
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                                       AGMS Second Agenda
Number of Shareholders      There are no shareholders who ask questions.
Asking Question
Decision           Making   Voting verbally and electronically through eASY.KSEI system.
Mechanism
The Result of Vote                     Agree                     Abstain                    Disagree
                            8,900,115,479 shares or 0                               0
                            100%
Decision                    1. By considering ratio obligations and considering the Company's future
                               financial condition, determine the use of the Company's Net Profit for Fiscal
                               Year 2023 in the amount of IDR 894,645,079,934 (eight hundred ninety four
                               billion six hundred forty five million seventy nine thousand nine hundred
                               thirty four Rupiah), which is as follows:
                               a. Amounting 30% or IDR 268,393,523,980 (two hundred and sixty eight
                                     billion three hundred ninety three million five hundred twenty three
                                     thousand nine hundred and eighty Rupiah) or IDR 29,7574185 (twenty
                                     nine Rupiah point seven five seven four one eight five Cents) per share,
                                     designated as cash dividends;
                               b. The remaining 70% of net profit or IDR 626,251,555,954 (six hundred
                                     twenty-six billion two hundred fifty-one million five hundred fifty-five
                                     thousand nine hundred fifty-four Rupiah) will be used to fund the
                                     Company's operational activities.
                            2. Granting authority and power to the Board of Directors of the Company with
                               substitution rights to further regulate the procedures and schedule
                               implementation of the distribution of cash dividends in accordance with
                               applicable regulations, including rounding up for the payment of dividends
                               per share, with due observance of the provisions of laws and regulations.

                                         AGMS Third Agenda
Number of Shareholders      There are no shareholders who ask questions.
Asking Question
Decision           Making   Voting verbally and electronically through eASY.KSEI system.
Mechanism
The Result of Vote                   Agree                      Abstain                    Disagree
                            8,900,115,479 shares or 0                              0
                            100%
Decision                    1. Approved the appointment of Public Accountant Mr. Juan Ramon Junius
                               Siahaan from Public Accounting Firm Imelda & Rekan (Deloitte Touche
                               Tohmatsu) as the Company's Independent Auditor to audit the Company's
                               books for the fiscal year 2024 and other periods of the Financial Year during
                               2024;
                            2. Delegating authority to the Board of Commissioners to appoint a substitute
                               Public Accountant and Public Accounting Firm in the event that the Public
                               Accountant and/or Public Accounting Firm is unable or unwilling to audit for
                               any reason or other reason or for any reason including legal reasons and
                               laws and regulations apply and determine the addition of the scope of work
                               for the appointed Public Accountant, as long as it is necessary for the
                               Company's special actions;
                                                                                                                3
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                            3. To authorize the Board of Directors of the Company to determine a
                               reasonable honorarium and other requirements in connection with the
                               appointment of the Public Accountant and the Public Accounting Firm.



                                        AGMS Fourth Agenda
Number of Shareholders      There are no shareholders who ask questions.
Asking Question
Decision           Making   Voting verbally and electronically through eASY.KSEI system.
Mechanism
The Result of Vote                   Agree                     Abstain                     Disagree
                            8,900,115,479 shares or 0                              0
                            100%
Decision                    Approve to grant authority and power to the Company's Board of
                            Commissioners, which carries out remuneration and nomination functions
                            based on the direction of the Majority Shareholders, to determine for members
                            of the Company's Board of Directors:
                            a. Tantiem for performance for the 2023 financial year; And
                            b. Salary, allowances and facilities for the 2024 financial year.

                                         AGMS Fifth Agenda
Number of Shareholders      There are no shareholders who ask questions.
Asking Question
Decision           Making   Voting verbally and electronically through eASY.KSEI system.
Mechanism
The Result of Vote                  Agree                    Abstain                     Disagree
                            8,900,115,479 shares or 0                           0
                            100%
Decision                    Approve to grant authority and power to the Majority Shareholders to
                            determine for members of the Company's Board of Commissioners:
                            a. Tantiem for performance for the 2023 financial year; and
                            b. Honorarium, allowances and facilities for the 2024 financial year.

                                         AGMS Sixth Agenda
Number of Shareholders      There are no shareholders who ask questions.
Asking Question
Decision           Making   Voting verbally and electronically through eASY.KSEI system.
Mechanism
The Result of Vote                   Agree                      Abstain                    Disagree
                            8,900,115,479 shares or 0                              0
                            100%
Decision                    1. Approved adjustments to the Article 3 of the Company's Articles of
                                Association with the applicable regulations relating to the Standard
                                Classification of Indonesian Business Fields in connection with the issuance
                                of the provisions of Government Regulation No. 5 of 2021 concerning
                                Implementation of Risk-Based Licensing (PP No. 5 of 2021) and Central
                                Statistics Agency Regulation no. 2 of 2020 concerning Standard
                                Classification of Indonesian Business Fields (Perka BPS No. 2/2020).

                                                                                                               4
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                            2. Approved the addition of Company’s business activities in the form of
                               activities for KBLI Royalti KBLI for royalties (77400) and lease of land rental
                               (68111) in the form as stated in the table that has been presented,
                               including discussion of the Feasibility Study in order to fulfill the
                               requirements and conditions of POJK No. 17/POJK.04/2020 concerning
                               Material Transactions and Changes in Business Activities ("POJK 17").
                            3. Approved to grant power and authority with the right of substitution to the
                               Company's Directors to prepare and restate the Articles of Association, as
                               well as to carry out all necessary actions in order to amend the Articles of
                               Association including but not limited to, signing documents and/or letters,
                               stating and/or express the decisions of this Meeting in a deed made before
                               a Notary, appear before the relevant government agency in order to obtain
                               approval and/or notification, carry out registration/recording in order to
                               comply with the provisions of the applicable laws and regulations.

                                       AGMS Seventh Agenda
Number of Shareholders      There are no shareholders who ask questions.
Asking Question
Decision           Making   Voting verbally and electronically through eASY.KSEI system.
Mechanism
The Result of Vote                  Agree                      Abstain               Disagree
                            8,900,115,479 shares                  -                      -
                            or 100%
Reporting contents          1. Approve to amend the provisions of Article 15 paragraph (2) letter b
                                number 12-14 and Article 18 paragraph (12) of the Company's Articles of
                                Association in the form as presented in the table.

                            2. Agree to grant power and authority with the right of substitution to the
                               Company's Directors to prepare and restate the Articles of Association, as
                               well as to carry out all necessary actions in order to amend the Articles of
                               Association including but not limited to, signing documents and/or letters
                               , declare and/or express the decisions of this Meeting in a deed made
                               before a Notary, appear before the relevant government agency in order
                               to obtain approval and/or notification, carry out registration/recording in
                               order to comply with the provisions of the applicable laws and regulations.

                                        AGMS Eighth Agenda
Number of Shareholders      There are no shareholders who ask questions.
Asking Question
Decision           Making   Voting verbally and electronically through eASY.KSEI system.
Mechanism
The Result of Vote                  Agree                    Abstain                Disagree
                            8,900,115,479 shares                 -                      -
                            or 100%
Reporting contents          1. Approved the honorable dismissal of the names below:
                                a. Mr. Lilik Unggul Raharjo as President Director;
                                b. Mr. Prijo Sambodo as President Commissioner / Independent
                                    Commissioner;
                                c. Mr. Yoshifumi Taura as Commissioner,
                                                                                                                 5
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   as of the closing of this Meeting, with gratitude for their contributions
   during their tenure as the company's management.
2. Approved the appointment of the names below:
   a. Mr. Asri Mukhtar as President Director;
   b. Mr. Prijo Sambodo as President Commissioner / Independent
        Commissioner;
   c. Mr. Yohanes Surya as Independent Commissioner;
   d. Mr. Shinji Fukami as Commissioner,
   starting from the closing of this Meeting until the close of the Annual
   General Meeting of Shareholders held in 2029, without prejudice to the
   right of the General Meeting of Shareholders to dismiss them at any time,
3. In connection with this decision, the composition of the Board of Directors
   and Board of Commissioners of the Company as of the closing of this
   Meeting is as follows:
   Board of Directors:
   • President Director : Asri Mukhtar
   With a term of office until the closing of the Annual General Meeting of
   Shareholders to be held in 2029.
   • Director      : Soni Asrul Sani
   • Director      : Ony Suprihartono
   • Director      : Yasuhide Abe
   All three with a term of office until the closing of the Annual General
   Meeting of Shareholders to be held in 2026.

     Board of Commissioners:
     • President Commissioner / Independent Commissioner : Prijo Sambodo
     • Independent Commissioner : Yohanes Surya
     • Commissioner : Shinji Fukami
     All three with a term of office until the closing of the Annual General
     Meeting of Shareholders to be held in 2029.
     • Commissioner : Herudi Kandau Nugroho
     With a term of office until the closing of the Annual General Meeting of
     Shareholders to be held in 2026.

4.   Grant power of attorney and authority with substitution rights to the Board
     of Directors of the Company, either individually or jointly, to state this
     decision in a Notary Deed and take necessary actions to notify the changes
     in the composition of the Board of Directors and Board of Commissioners
     to the competent authorities.




                                                                                   6
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I.   Schedule and Procedure for Distribution of Cash Dividends for Fiscal Year 2023

     In accordance with the results of the decision on the Second Agenda of the AGMS as mentioned above, it is hereby
     notified that the Company has determined a cash dividend from the Company's Net Profit for the 2023 Fiscal Year
     amounting to IDR268,393,523,980 (two hundred sixty eight billion three hundred ninety three million five hundred
     twenty three thousand nine hundred and eighty Rupiah) to be distributed to Shareholders so that the cash dividend
     to be paid is IDR29,7574185 (twenty nine Rupiah point seven five seven four one eight five cents) per share which
     will be distributed to 9,019,381,973 (nine billion nineteen million three hundred eighty one thousand nine hundred
     seventy three) Company Shares with the following schedule and procedures:

     1.   Cash Dividend Distribution Schedule

               No.                                 INFORMATION                                             DATE
                a.   End of Stock Trading Period with Dividend Rights (Cum Dividend)
                     • Regular and Negotiation Markets                                                     10 June 2024
                     • Cash Market                                                                         12 June 2024
               b.    Beginning of Stock Trading Period Without Dividend Rights (Ex Dividend)
                     • Regular and Negotiation Markets                                                     11 June 2024
                     • Cash Market                                                                         13 June 2024
               c.    Date of Company's Register of Shareholders entitled to Dividend (Recording            12 June 2024
                     Date)
               d.    Cash Dividend Payment Date                                                            27 June 2024


     2.   Procedures for Distribution of Cash Dividends

          a.    Cash Dividends will be distributed to Company shareholders whose names are recorded in the Company's
                Register of Shareholders ("DPS") or recording date on 12 June 2024 (recording date) and/or owners of
                Company shares in securities sub accounts at PT Kustodian Sentral Efek Indonesia (“KSEI”) at the close of
                trading on 12 June 2024.
          b.    For Company shareholders whose shares are placed in KSEI's collective custody, cash dividend payments
                will be made through KSEI and will be distributed on 27 June 2024 into the Customer Fund Account (RDN)
                at the Securities Company and/or Custodian Bank where the shareholder opened a securities sub-account.
                Meanwhile, for Company shareholders whose shares are not included in KSEI's collective custody, cash
                dividend payments will be transferred to the Company's shareholder account.
          c.    The cash dividend will be taxed in accordance with the applicable tax laws and regulations.
          d.    Based on the applicable tax laws and regulations, the cash dividend will be excluded from the tax object
                if it is received by the shareholders of the domestic corporate taxpayer (“Domestic Entity Taxpayer”) and
                the Company does not deduct Income Tax on the cash dividends paid to the Domestic Entity Taxpayer.
                The Cash dividends received by shareholders of domestic individual taxpayers (“Domestic Individual
                Taxpayer/WPOP DN”) will be excluded from the tax object as long as the dividends are invested in the
                territory of the Unitary State of the Republic of Indonesia. For Domestic Individual Taxpayer/WPOP DN
                that does not meet the investment provisions as mentioned above, the dividends received by the person
                concerned will be subject to income tax ("PPh") in accordance with the applicable laws and regulations,
                and the PPh must be paid by the Domestic Individual Taxpayer/WPOP DN concerned in accordance with
                with the provisions of Government Regulation No. 9 of 2021 concerning Tax Treatment to Support the
                Ease of Doing Business.
          e.    Shareholders can obtain dividend payment confirmation through a securities company and/or custodian
                bank where they open a securities sub account, then the shareholder must be responsible for reporting
                the dividend receipt referred to in the tax reporting for the tax year concerned.


                                                                                                                       7
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f.   For Shareholders who are Foreign Taxpayers whose tax deductions will use a tariff based on the Double
     Taxation Avoidance Agreement ("P3B") must meet the requirements of the Director General of Taxes
     Regulation No. PER-25/PJ/2018 concerning Procedures for Application of Double Tax Avoidance Approval
     and submitting record documents or DGT/SKD receipts that have been uploaded to the Directorate
     General of Taxes page to KSEI or BAE in accordance with KSEI rules and regulations, without the said
     documents, dividends cash paid will be subject to Article 26 Income Tax of 20%.



                                       Jakarta, 3 Juni 2024
                                 PT Solusi Bangun Indonesia Tbk
                                        Board of Directors




                                                                                                        8

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Names mentioned 17 people and organisations named in the text · linked when the evidence is strong

linked org Solusi Bangun Indonesia Tbk p.1 ×8
linked person Lilik Unggul Raharjo · President Director p.1 ×2
linked person Prijo Sambodo · President Commissioner p.1 ×7
linked person Ony Suprihartono p.1 ×2
linked person Soni Asrul Sani p.1 ×2
linked person Yasuhide Abe p.1 ×2
linked person Yoshifumi Taura · Commissioner p.5
linked person Asri Mukhtar · President Director p.6 ×4
linked person Yohanes Surya · Independent Commissioner p.6 ×3
linked person Shinji Fukami · Commissioner p.6 ×3
unresolved org Financial Services Authority p.1 ×2
unresolved org PT Datindo Entrycom p.2
unresolved org Imelda & Rekan p.2
unresolved person Juan Ramon Junius Siahaan p.3
unresolved org Public Accounting Firm Imelda & Rekan p.3
unresolved person Herudi Kandau Nugroho · Commissioner p.6 ×3
unresolved org PT Kustodian Sentral Efek Indonesia p.7

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