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20240521_BAUT_Ringkasan Risalah//Risalah RUPS_31641448_lamp2.pdf

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                SUMMARY OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

The Board of Directors of PT Mitra Angkasa Sejahtera Tbk (“Company”) hereby announces the
Summary of Annual General Meeting of Shareholders (“the Meeting”).

The Meeting was held on Friday, 17 May 2024, located in Mercure Hotel, Pantai Indah Kapuk, 9th Floor,
North Jakarta, at 09.45 Western Indonesian Time until 10.33 Western Indonesian Time.

    A. The Meeting Agenda:

       1.   Approval of the Annual Report of the Board of Directors, the Board of Commissioners’
            Supervisory Duty Report, and Ratification of the Balance Sheet and the Company’s Profit
            and Loss Statement for financial year ended on 31 December 2023.
       2.   Determination of Appropriation of the Company's Net Profit for financial year ended on 31
            December 2023.
       3.   Approval of appointment of a Public Accountant Firm to conduct the audit of Company’s
            Financial Statements for the financial year 2024.
       4.   Approval of determination of the salary or honorarium and other benefits for members of
            Company’s Board of Directors and Board of Commissioners.
       5.   Report on the use of fund of Series I Warrant Conversion.

    B. The Meeting was attended by Board of Commissioners and Directors as follows:

       1.   Ms. Indriani Suhartono                President Commissioner
       2.   Mr. Surya Susilo                      Commissioner
       3.   Mr. Sihol Siagian, SH.                Independent Commissioner
       4.   Mr. Simon Hendiawan                   President Director
       5.   Mr. Foong Tak Hoy                     Director

    C. Attendance of Shareholders

        The Meeting was attended by the shareholders or their legitimate proxies, whether through
        eASY.KSEI or physically present, in total of 3.353.655.200 (three billion three hundred fifty three
        million six hundred fifty five thousand and two hundred) shares or 69,87% (sixty nine point eight
        seven percent) out of 4.800.135.591 (four billion eight hundred million one hundred thirty five
        thousand and five hundred ninety one) shares issued by the Company up to the date of the
        Meeting, hence the provisions regarding to Meeting quorum as regulated in Company's Articles
        of Association, Article 23 paragraph 1 letter (a), and Article 41 paragraph 1 letter (a) POJK No.
        15/POJK.04/2020 regarding the Plan and Implementation of the General Meeting of
        Shareholders of Public Companies ("POJK 15/2020") have been complied.

    D. Opportunities to Raise Questions and Convey Opinions

        Shareholders and/or the legitimate proxies of Shareholders who attended the Meeting
        physically or electronically through eASY.KSEI application were given the opportunities to ask
        questions and convey opinions regarding the ongoing Meeting Agenda.
Page 2
   The mechanism for Shareholders and/or their proxies who were physically present at the
   Meeting was by raising their hands and submitting a question form, while for Shareholders
   and/or their proxies who were present electronically by writing in the "Electronic Opinions" chat
   feature.

   There were no Shareholders present physically or via the eASY.KSEI application at the Meeting
   who asked questions.

E. The Decision-Making Mechanism

   The decision-making mechanism was performed verbally by asking the Shareholders and/or
   the legitimate proxies who attend physically to raise hand to express disagreement or to abstain,
   those who agree with the suggestion were not asked to raise their hand.
   Shareholders and/or the legitimate proxies of Shareholders who attended the Meeting
   electronically can give their votes through E-Meeting Hall in eASY.KSEI application.
   The abstain votes were considered to give the same vote as the majorities.

F. The Meeting Resolutions

   Meeting Resolutions through voting mechanism were as follows:

   First Meeting Agenda

   Attendee                 :       3.353.655.200 shares
   Reject                   :       100 shares
   Abstain                  :       - shares
   Total Accept             :       3.353.655.100 shares

   or representing 99,999% of Meeting Attendee.

   Therefore, the Meeting with majority votes shall decide:

   1. To approve and accept the Annual Report of the Board of Directors, the Board of
      Commissioners’ Supervisory Duty Report, and Ratification of the Balance Sheet and
      the Company’s Profit and Loss Statement for financial year ended on 31 December
      2023.
   2. To approve and to ratify the Company's audited Financial Report which has been
      audited by Jamaludin, Ardi, Sukimto, and Partners Public Accounting Firm as stated
      in the Report No. 00010/2.0927/AU.1/05/1317-4/1/III/2024 dated 19 March 2024 which
      declared 'presented fairly, in all material aspects', and to give full acquittal and
      discharge (volledig acquit et de charge) to all members of Company's Board of
      Directors and Board of Commissioners for all the managerial and supervisory actions
      that have been conducted in the Financial Year 2023, as long as those actions were
      not considered as criminal actions or violating applicable legal provisions and
      procedures, as well as reflected in the Company's Financial Report and did not
      conflict with laws and regulations.
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Second Meeting Agenda

Attendee                :        3.353.655.200 shares
Reject                  :        100 shares
Abstain                 :        - shares
Total Accept            :        3.353.655.100 shares

Therefore, the Meeting with majority votes shall decide:

To approve the Determination of Appropriation of the Company's Net Profit for financial year
ended on 31 December 2023 in the amount of Rp5.131.173.797,- as follows:

1. Determined the allowance for the Company's reserve fund in accordance with Article
   70 paragraph (1) of the Limited Liability Company Law in the amount of
   Rp500.000.000,-
2. Determined the distribution of dividends in the total amount of Rp1.026.234.759,-
   which will be distributed in cash dividends to the Shareholders listed in Company’s
   Register of Shareholders on 31 May 2024 at 16.00 Western Indonesian Time
   (“Recording Date”), and the amount of dividend per share will be determined later
   based on the amount of shares on Recording Date and taking Warrant exercise into
   account, in compliance with Indonesia Stock Exchange Regulations, provided that the
   following conditions will apply for Company shares in collective custody:
   - Cum Dividend for Regular and Negotiation Market: 29 May 2024
   - Ex-Dividend for Regular and Negotiation Market: 30 May 2024
   - Cum Dividend for Cash Market: 31 May 2024
   - Ex-Dividend for Cash Market: 03 June 2024
   Dividend payment shall be distributed to entitled Shareholders by 20 June 2024.
3. The remaining net profit for financial year 2023 will be recorded as retained earnings.
4. Grant authorization to Company’s Board of Directors to exercise everything
   regarding the dividend distribution mentioned above according to the applicable law.

Third Meeting Agenda

Attendee                :        3.353.655.200 shares
Reject                  :        100 shares
Abstain                 :        - shares
Total Accept            :        3.353.655.100 shares

Therefore, the Meeting with majority votes shall decide:

To approve the delegation of authorization to Company’s Board of Commissioners to
appoint Public Accounting Firm listed in OJK to audit the Company's book for the financial
year 2024, and grant the authorization to Company’s Board of Commissioners to
determine the requirements of such Public Accounting Firm who will audit the Company’s
Financial Report for the year 2024 in accordance with the applicable law, as well as grant
the Company’s Board of Directors to determine the fee of the Public Accounting Firm and
other requirements for the Public Accounting Firm aforementioned.
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       Fourth Meeting Agenda

       Attendee                :        3.353.655.200 shares
       Reject                  :        105.500 shares
       Abstain                 :        - shares
       Total Accept            :        3.353.549.700 shares

       Therefore, the Meeting with majority votes shall decide:

       To authorize the Board of Commissioners of the Company to determine the salary or
       honorarium and other allowances of the Board of Directors and Commissioners for
       financial year 2024 with considerations of the suggestions and recommendations from
       the Nomination and Remuneration Committee, to be further determined by the Board of
       Commissioners.

       Fifth Meeting Agenda

       Report on the use of fund of Series I Warrant Conversion was meant to be solely informed,
       therefore no voting was made in this Agenda Meeting.

The Minutes of this Meeting are contained in Notary Deed No. 33 dated 17 May 2024.

                                   Tangerang, 21 May 2024
                             PT MITRA ANGKASA SEJAHTERA TBK
                                      Board of Directors

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Names mentioned 7 people and organisations named in the text · linked when the evidence is strong

linked person Indriani Suhartono p.1
linked person Surya Susilo p.1
linked person Simon Hendiawan p.1
possible person Sihol Siagian p.1
unresolved org Mitra Angkasa Sejahtera Tbk p.1 ×4
unresolved person Foong Tak Hoy p.1
unresolved org Indonesia Stock Exchange p.3

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