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20240503_ASBI_Ringkasan Risalah//Risalah RUPS_31634547_lamp3.pdf

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Page 1
                                               ANNOUNCEMENT
                                SUMMARY OF MINUTE OF ANNUAL GENERAL MEETING
                                 OF SHAREHOLDERS FOR THE 2023 FINANCIAL YEAR
                                          PT ASURANSI BINTANG Tbk.
                                                (“Company”)


The Board of Directors of PT Asuransi Bintang Tbk, (hereinafter referred as the “Company”), hereby announces
that the Company has convened the Annual General Meeting of Shareholders for the Financial Year 2023 (hereinafter
referred as the “Meeting”) on:
A. Execution of AGMS
   Day/Date                     : Tuesday, April 30, 2024
   Time                         : 10:00 until 12:00 Western Indonesia Time
   Place                        : Head Office PT Asuransi Bintang Tbk,
                                  Jl. RS Fatmawati No.32, Jakarta Selatan.

B. The Meeting was attended by members of the Board of Commissioners and the Board of Directors
   of the Company, namely
        Bapak Chaerul Djusman Djakman           - Independent Commissioner
        Bapak Hastanto Sri Margi Widodo         - President Director
        Ibu Reniwati Darmakusumah               - Director
        Bapak Jenry Cardo Manurung              - Director
        Bapak Zafar Dinesh Idham                - Compliance Director
        AGMS was attended by Shareholders and/or their proxy who are together represent 305.397.345 share or
         87.66% of 348.386.472 the total issued shares of the Company with valid voting rights.
         Hence the quorum requirement as required under the Article 23 paragraph 1 letter a, paragraph 9 letter and
         paragraph 10 letter b of the Articles of Association of the Company.
         The Company has appointed independent parties, which are Notary Ir. Nanette Cahyanie Handari Adi Warsito,
         SH and PT Bima Registra to count and/or validate the votes.

C. Mechanism of AGMS and Decision Making
   For each agenda of AGMS, after provided the description and explanation, Shareholders were given the
   opportunity to convey questions or opinions. After there is no more question or opinion from Shareholders, AGMS
   was continued with the decision made by voting.


D. The Resolution of AGMS
       First Agenda                    Report from the Board of Directors regarding the Company’s activities for
                                       the fiscal year of 2023
       Number of Shareholders          There are no questions
       who Ask Questions
                                       Agree                              Disagree                     Abstain
       The Result of Decision
       Making                          305.397.345 share or 100 %         none                         none

       Resolution                      The meeting with the major vote 305.397.345 share or 100 % of the total votes
                                       issued in the Meeting has resolved :
                                       1.   Receive the Board of Directors' report regarding the Company's activities and the
                                            results achieved during the 2023 financial year and ratify the Consolidated
                                            Financial Position Report and the Company's Consolidated Statement of Profit
                                            and Loss and Other Comprehensive Income which have been audited by the
                                            Mirawati Sensi Idris Public Accounting Firm, member of Moore Global Network
                                            Limited for the financial year ending December 31, 2023, as is evident from
                                            report No. 00354/2.1090/AU.1/08/0154-3/1/III/2024 dated 27 March 2024 with
                                            an unqualified opinion and accepting the supervisory report carried out by the
                                            Company's Board of Commissioners.
Page 2
Second Agenda            Ratification of the Company's Financial Position Report and Profit and Loss
                         Report and other Comprehensive Income for the financial year ending 31
                         December 2023 as well as the Board of Commissioners' Supervision Report
Number of Shareholders   There are no questions
who Ask Questions
                         Agree                                Disagree                     Abstain
The Result of Decision
Making                   305.397.345 share or 100 %           none                         none

Resolution               The meeting with the major vote 305.397.345 share or 100 % of the total votes
                         issued in the Meeting has resolved :
                         1.   Consolidated and Consolidated Statements of Profit and Loss and Other
                              Comprehensive Income of the Company for the financial year ending 31
                              December 2023 means also providing full release and repayment (aquit et de
                              charge) to the Directors and Board of Commissioners of the Company for their
                              management and supervisory actions. carry out during the 2023 financial year as
                              long as these management and supervisory actions are reflected in the
                              Consolidated Statement of Financial Position and the Company's Consolidated
                              Statement of Profit or Loss and other Comprehensive Income.




Third Ketiga             Determination and approval of the use of profits for the 2023 financial year
Number of Shareholders   There are no questions
who Ask Questions
                         Agree                                Disagree                     Abstain
The Result of Decision
Making                   305.397.345 share or 100 %           none                         none

Resolution               The meeting with the major vote 305.397.345 share or 100 % of the total votes
                         issued in the Meeting has resolved:
                         1.   Approve and decide on the use of profits for the 2023 Financial Year. As recorded
                              in the Company's Consolidated Statement of Financial Position and Consolidated
                              Comprehensive Profit and Loss Statement for the Financial Year ending 31
                              December 2023. The Company has obtained a net profit of IDR. 5.826.992.696,-
                              and the use of profits is as follows:
                              a.   For reserve funds as referred to in article 70 paragraph 1 of Law No. 40 of
                                   2007 concerning Limited Liability Companies, the Company provides
                                   approximately 5% (five percent) of net profit or IDR. 291.349.635,-
                              b.   A total of IDR 1.219.352.652,- paid as cash dividends to be distributed to
                                   348,386,472 shares issued by the Company or in the amount of IDR. 3.5,-
                                   per share.
                              c.   Remaining net profit of IDR 4.316.290.409,- recorded as residual profits of
                                   the Company.
                              d.   A total of IDR 65.780.000,- paid as dividends Sign of profit for 598 Profit
                                   Sign Certificates issued by the Company until 31 December 2023, or IDR
                                   110.000,- per Certificates.
                              e.   For dividend payments subject to tax in accordance with applicable taxation
                                   provisions. The meeting gives the power of attorney to the Company's
                                   Directors to carry out everything related to the distribution of the dividends.




Fourth Agenda            Changes in the Composition of the Company’s Management
Number of Shareholders   There is no question
who Ask Questions
                         Agree                                Disagree                     Abstain
The Result of Decision
Making                   305.397.345 share or 100 %           none                         none
Page 3
Resolution               The meeting with the major vote 305.397.345 share or 100 % of the total votes
                         issued in the Meeting has resolved:
                         1.   Reappoint all of the Company's Directors for a term of office of the last 5 (five)
                              years since the closing of the Company's Annual General Meeting of Shareholders
                              in 2029 as follows:

                              -    Bapak Hastanto Sri Margi Widodo         President Director
                              -    Ibu Reniwati Darmakusumah               Director
                              -    Bapak Jenry Cardo Manurung              Director
                              -    Bapak Zafar Dinesh Idham                Director

                         2.   Approved the resignation of Mrs. Shanti L Poesposoetjipto as President
                              Commissioner of the Company as stated in her letter dated 18 April 2024 and the
                              granting of full release from responsibility (acquit de charge) for all supervisory
                              actions carried out during her tenure, as long as these actions are reflected in the
                              Annual Report and Company Financial Report.

                              Appointed Mr Ronald Waas as President Commissioner of the Company. With the
                              provisions of the appointment which is effective after being declared to have
                              passed the Capability and Proper Test by the Financial Services Authority in
                              accordance      with    Financial Services  Authority    Regulation   Number
                              27/POJK.03/2016 concerning Capability and Proper Test for Main Parties of
                              Financial Services Institutions.

                              The composition of the Company's Board of Commissioners as of the closing of
                              this Meeting until the closing of the Company's Annual General Meeting of
                              Shareholders in 2025 is as follows:
                              -    Bapak Ronald Waas                  President Commissioner
                                                                      Is an Independent Commissioner
                              -    Bapak Petronius Saragih            Independent Commissioner
                              -    Bapak Chaerul D Djakman            Independent Commissioner

                         3.   Grant authority and power with substitution rights to the Company's Directors,
                              either individually or jointly, to carry out all necessary actions related to the
                              decisions mentioned above, including but not limited to declaring the
                              appointment of members of the Company's Board of Commissioners and
                              Directors with the composition as stated. in the Decision of this Meeting in a
                              separate notarial deed and notify and register the results of this Meeting's
                              decision to the Department of Law and Human Rights of the Republic of
                              Indonesia and other related agencies and take actions deemed necessary and
                              useful in accordance with the applicable laws and regulations to implement the
                              decisions of this Meeting are as appropriate.




Fifth Agenda             Determination of salaries and/other benefits for members                        of   the
                         Company's Board of Directors and Board of Commissioners
Number of Shareholders   There is no question
who Ask Questions
                         Agree                               Disagree                      Abstain
The Result of Decision
Making                   305.397.345 share or 100 %          none                          none

Resolution               The meeting with the major vote 305.397.345 share or 100 % of the total votes
                         issued in the Meeting has resolved :
                         Agreed:

                         1.   To give power to the Board of Commissioners of the Company to determine the
                              amount of the salary and/or other allowances including incentives/bonus for the
                              Company’s members of the Board of Directors.

                         2.   To determine the amount of the salary and/or other allowances for all members
                              of the Company’s Board of Commissioners in the maximum amount of IDR
                              170.000.000 (one hundred and seventy million) per month net of income tax
                              and to give power to the Board of Commissioners of the Company to determine
                              the amount of the incentives/bonus for all members of the Company’s Board of
                              Commissioners.
Page 4
    Sixth Agenda                 Appointment of Public Accounting Firm and Public Accountant for Fiscal
                                 Year of 2024
    Number of Shareholders       There is no question
    who Ask Questions
                                 Agree                               Disagree                     Abstain
    The Result of Decision
    Making                       305.397.345 share or 100 %          none                         none

    Resolution                   The meeting with the major vote 305.397.345 share or 100 % of the total votes
                                 issued in the Meeting has resolved :
                                 1.   To appoint the Public Accountants Firm of Mirawati Sensi Idris (MSID) and the
                                      Public Accountant Jacinta Mirawati who will audit the Financial Statements of the
                                      Company for the fiscal year that will end on December 31, 2024 upon
                                      recommendation of the Audit Committee and to give authority to the Board of
                                      Directors to carry out the necessary actions regarding the appointment of those
                                      Public Accountants Firm and Public Accountant.

                                 2.   Giving the authority and power to the Board of Commissioners to determine a
                                      replacement Public Accountant in the public accountant for any reason unable to
                                      complete an audit of the Company's Financial Statements for Fiscal Year 2024.




E. Schedule and Procedure for The Distribution of 2023 Financial Year Dividend
    Schedules for the Distribution of 2023 Financial Year Dividend :
     a. Cum Dividen dividend Regular and Negotiation Market            13 Mei 2024
     b. Ex-dividend Regular and Negotiation Market                     14 Mei 2024
     c. Cum dividend Cash Market                                       15 Mei 2024
     d. Ex-dividend Cash Market                                        16 Mei 2024
     e. Recording date)                                                15 Mei 2024
     f. Payment Date                                                   31 Mei 2024



    Payment Procedures of Dividend:
     a. Cash dividends will be distributed to Shareholders whose names are recorded in the Company's Register of
        Shareholders on May 15, 2024 until 16.00 Western Indonesia Time.
     b. For the distribution of dividends will be subject to income tax in accordance with applicable laws.
     c. Shareholders whose shares have been converted into scrip less form or their shares have been recorded at
        the Indonesian Central Securities Depository Collective Depository (KSEI), then the dividend will be received
        through the Account Holder at KSEI.
     d. Shareholders who are still using scrip (physical), dividends will be paid by sending a cash check to the
        address of the Shareholders.
     e. For Shareholders who are still using scrip (physical) or have not yet converted shares that want dividend
        payments to be made through a transfer to their bank account, can notify the Company's Securities
        Administration Bureau: PT Bima Registra, Satrio Tower Building, 9th Floor, Jl. Prof. DR. Satrio Blok C5,
        Kuningan Timur, South Jakarta 12950, Indonesia Phone (021) 2598-4818 at the latest on May 15, 2024 at
        16:00 Western Indonesia Time.
     f. Shareholders who are foreign taxpayers who withhold tax will use a rate based on the Double Tax
        Avoidance Agreement ("P3B") must meet the requirements of the Director General of Taxes Regulations.
        No. PER-25 / PJ / 2018 concerning Procedures for Application of Double Tax Avoidance Approval and must
        submit original Domicile Certificate from the country of origin or legalized photocopy to the Company's
        Securities Administration Bureau at the latest on May 15, 2024 at 16.00 Western Indonesia Time. For the
        late receipt of the statement, the deduction of article 26 income tax will be calculated based on a 20%
        (twenty percent) rate.



                                             Jakarta, May 5, 2024
                                                Board of Director

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Names mentioned 16 people and organisations named in the text · linked when the evidence is strong

linked org ASURANSI BINTANG Tbk. p.1 ×8
linked person Hastanto Sri Margi Widodo p.1 ×3
linked person Zafar Dinesh Idham p.1 ×3
linked person Shanti L Poesposoetjipto p.3
linked person Ronald Waas p.3 ×3
possible person Prof. DR. Satrio p.4
unresolved person Chaerul Djusman Djakman p.1
unresolved person Reniwati Darmakusumah p.1 ×2
unresolved person Jenry Cardo Manurung p.1 ×2
unresolved person Notary Ir. Nanette Cahyanie Handari Adi Warsito p.1 ×2
unresolved org PT Bima Registra p.1 ×2
unresolved org Moore Global Network Limited p.1
unresolved org Financial Report. Appointed Mr Ronald Waas · President Commissioner p.3
unresolved org Financial Services Authority p.3 ×2
unresolved person Petronius Saragih p.3
unresolved person Chaerul D Djakman p.3

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