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20240503_GOOD_Ringkasan Risalah//Risalah RUPS_31634298_lamp4.pdf

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Page 1
                    LEADING IN INNOVATION



                                   ANNOUNCEMENT OF THE SUMMARY OF MINUTES OF
                                  THE ANNUAL GENERAL MEETING OF SHAREHOLDERS OF
                                        PT GARUDAFOOD PUTRA PUTRI JAYA Tbk


         In order to fulfill the provisions of Article 49 paragraph (1) and Article 51 paragraph (1) of the
         Financial Services Authority Regulation Number 15/POJK.04/2020 concerning the Plan and
         Implementation of General Meeting of Shareholders of Public Companies ("POJK Regulation
         15/2020"), PT Garudafood Putra Putri Jaya Tbk, a public company established under the
         regulations of the Republic of Indonesia, domiciled in South Jakarta and based in Wisma
         Garudafood, Jl. Bintaro Raya No.10A, Jakarta 12240 ("Company"), hereby notify to the
         shareholders of the Company that the Company has made the Summary of Minutes of the Annual
         General Meeting of Shareholders ("AGMS") (in this summary of minutes of the AGMS hereinafter
         referred to as the “Meeting”), in accordance with the minutes of the AGMS as set out in the Deed
         of Minutes of Meeting dated 30 April 2024 Number 40, the Deed of Meeting has made before
         Liestiani Wang, S.H, M.Kn, Notary in in South Jakarta, with the following details:
         A. Day / Date, Time, Venue and Agenda of Meeting:

            Day/Date                 : Thursday, 30 April 2024
            Time                     : 09:10 to 09:59 Western Indonesian Time
            Venue                    : Ballroom Arosa, Hotel Arosa Jakarta Jl. RC Veteran No.
                                       3, RT 09/RW09, Pesanggrahan, Jakarta Selatan 12330.

         B. Agenda of Meeting
            The agenda of Meeting are as follows:
             1. Approval of the Annual Report and ratification of the Company’s Consolidated Financial
                Statements including the Board of Commissioners’ Supervisory Report for the fiscal year
                ended on 31 December 2023.
             2. Approval on the use of the Company's net profit of the financial year 2023.;
             3. Approval of the determination of honorarium and benefits for Board of Commissioners,
                and the amount of salary and benefits for Directors in the financial year 2024; and
             4. Approval of the appointment of a Public Accountant to audit the Company's financial
                statements for the financial year ending December 31, 2024.




PT Garudafood Putra Putri Jaya Tbk
Head Office: Wisma GarudaFood, Jl. Bintaro Raya No.10A, Jakarta 12240 Indonesia
P: +62 21 7290110 (Hunting) F: +62 21 7290112
www.garudafood.com
Page 2
                    LEADING IN INNOVATION

         C. Attendance of the members of the Board of Commissioners and Board of Directors in the
            Meeting:
              Board of Commissioners:
              Commissioner                                : Hartono Atmadja
              Independent Commissioner                    : Fitra Dewata Teramihardja
              Independent Commissioner                    : Andi Chandra

              Board of Directors:
              President Director                          :     Hardianto Atmadja
              Director                                    :     Paulus Tedjosutikno
              Director                                    :     Robert Chandrakelana Adjie
              Director                                    :     Fransiskus Johny Soegiarto
              Director                                    :     Johannes Setiadharma
              Director                                    :     Swadheen Sharma

         D. Attendance of the Shareholders:

            Meeting was attended by shareholders representing a total of 35.349.421.055 shares in the
            Company who has valid voting rights equal to 95,85% of the total shares with valid voting rights
            that have been issued by the Company.


         E. The opportunity for question and/ or provide opinion on the agenda of the Meeting

            At the end of the discussion for the Meeting agenda, the Chairman of the Meeting provides the
            opportunity to the shareholders or its representative present at the Meeting to raise a question
            and/ or provide opinion toward the agenda.

         F. The number of shareholders raising question and/ or provide opinion regarding the agenda of
            the Meeting.


                                                                                    Number of Shares Owned
              Agenda of the AGMS                   Number of Shareholders           or Represented by the
                                                                                    Owner/ Holder
              Agenda-1                         :                     -                         -
              Agenda-2                         :                     -                         -
              Agenda-3                         :                     -                         -
              Agenda-4                         :                     -                         -



PT Garudafood Putra Putri Jaya Tbk
Head Office: Wisma GarudaFood, Jl. Bintaro Raya No.10A, Jakarta 12240 Indonesia
P: +62 21 7290110 (Hunting) F: +62 21 7290112
www.garudafood.com
Page 3
                    LEADING IN INNOVATION

         G. Decision taking mechanism of the Meeting

            In accordance with the provisions of Article 12 paragraph (12) of the Articles of Association of
            the Company which are also included in the Rules of Conduct of the Meeting which has been
            distributed to the shareholders and/or its representative present at the Meeting, all decisions
            in General Meeting of Shareholders are taken based on the mutual consensus. In the event that
            a decision is not reached, based on deliberation and consensus, the decision taken by voting
            mechanism with the terms related to the agenda 1 until 4 shall be decided in the Meeting
            following the provision of Article 12 paragraph (5) section (a) Articles of Association, represent
            of more than ½ (one half) of the number of votes issued legally in the meeting.

         H. Results of decision making

            Voting for the adoption of resolutions on all agenda items of the Meeting is conducted by the
            number of valid votes with the number of shares whose holders/owners are present or
            represented at the Meeting, with the percentage in the table below:

            Agenda of the Meeting as follows:


                 Agendas                   Agree                              Not Agree         Abstain
                    1            35.349.420.955 shares                        100 shares           -
                                 (99,9999997%)                              (0,0000003%)
                     2           35.349.420.955 shares                        100 shares           -
                                 (99,9999997%)                              (0,0000003%)
                     3           35.349.419.955 shares                      1.100 shares           -
                                 (99,9999969%)                              (0,0000031%)
                     4           35.348.146.455 shares                    1.274.600 shares   64.800 shares
                                 (99,9963943%)                              (0,0036057%)     (0,0001833%)



         I. Meeting Decision

            a.    1st agenda:
                  1. To approve and accept the Company's Annual Report for the financial year ended 31
                       December 2023, including the Directors' Report and the Supervisory Report of the
                       Company's Board of Commissioners.
                  2. To ratify the Company's Financial Report for the financial year ended 31 December
                       2023 which has been audited by Public Accountant Ely No.AP. 1737 from the Public
                       Accounting Firm Tanudiredja, Wibisana, Rintis & Partners (a firm member of the PWC

PT Garudafood Putra Putri Jaya Tbk
Head Office: Wisma GarudaFood, Jl. Bintaro Raya No.10A, Jakarta 12240 Indonesia
P: +62 21 7290110 (Hunting) F: +62 21 7290112
www.garudafood.com
Page 4
                    LEADING IN INNOVATION

                        Global Network) as listed in its report number: 00214/2.1025/AU.1/04/1737-
                        3/1/II/2024 dated 28 February, 2024 with reasonable opinions in all material matters.
                  3.    To grant release and discharge to the members of Board of Directors and Board of
                        Commissioners of the Company from all responsibilities for all actions taken by the
                        members of the Board of Directors and the Board of Commissioners of the Company
                        during the 2023 fiscal year.

            b.    2nd agenda:
                  Approve the use of net profit attributable to owners of the Company's parent entity, for
                  the financial year ended December 31, 2023, amounting to IDR580,412,724,554.00 (five
                  hundred eighty billion four hundred twelve million seven hundred twenty-four thousand
                  five hundred fifty-four Rupiah) determined for its use in details as follows:

                  1.    In amount IDR9.00 (nine rupiah) per share or approximately IDR331,916,273,595.00
                        (threehundred thirty one billion nine hundred sixteen million two hundred seventy
                        three thousand five hundred ninety five Rupiah) approximately 57.19% (fifty seven
                        point one nine percent) of the profit for the financial year 2023 attributable to holding
                        owner, is determined as cash dividend for the financial year 2023 and will be
                        distributed in cash on May 21, 2024 to all shareholders registered in the Shareholders
                        Register on May 15, 2024 at 16:00 WIB. Furthermore, the Board of Directors of the
                        Company is authorized to regulate the procedures for payment of the cash dividends.
                  2.    The amount of IDR3,000,000,000.00 (three billion Rupiah) stipulated as mandatory
                        reserve to fulfill the provisions of Article 70 of the Limited Liability Company Law No.
                        40 of 2007, the use of which is in accordance with Article 20 of the Company's Articles
                        of Association.
                  3.    The remaining amount IDR245,496,450,959 (two hundred forty-five billion four
                        hundred ninety-six million four hundred fifty thousand nine hundred fifty-nine Rupiah)
                        is used as general reserve which has not been determined.


            c.    3rd Agenda:
                  1. Approved the granting of power and authority to the Company's Board of
                     Commissioners to determine honorarium, salaries, facilities, allowances and other
                     remuneration packages for members of the Board of Directors and Board of
                     Commissioners for the financial year 2024 by taking into account the Company's
                     financial condition.
                  2. Granting power and authority to the Board of Commissioners to determine the amount
                     of distribution among members of the Board of Commissioners and members of the
                     Board of Directors, taking into account the provisions of the Company's articles of
                     association and applicable rules and regulations.


PT Garudafood Putra Putri Jaya Tbk
Head Office: Wisma GarudaFood, Jl. Bintaro Raya No.10A, Jakarta 12240 Indonesia
P: +62 21 7290110 (Hunting) F: +62 21 7290112
www.garudafood.com
Page 5
                      LEADING IN INNOVATION

            d.       4th agenda:
                     1.          Re-appoint Public Accountant Ely with license number AP.1737 from the Public
                                 Accounting Firm Tanudiredja, Wibisana, Rintis & Rekan (a member firm of the PwC
                                 Global Network) or a new name that replaces the name of the Public Accounting Firm
                                 Tanudiredja, Wibisana, Rintis & Rekan in the future which is a member of the PWC
                                 Global Network (hereinafter referred to as “PWC Indonesia”) or other Public
                                 Accountant appointed as a replacement by PWC Indonesia, if Public Accountant Ely
                                 is unable to carry out his duties, to audit the Company's Financial Statements for the
                                 fiscal year ending December 31, 2024.

                     2.          To authorize the Company's Board of Commissioners to appoint a substitute Public
                                 Accounting Firm in the event that PWC Indonesia is unable to perform its duties.

                     3.          To authorize the Company's Board of Commissioners to determine other
                                 requirements and the amount of audit services by taking into account the fairness
                                 and scope of audit work.
         Furthermore, in accordance with the resolution of the 2 nd Agenda of the Meeting as mentioned
         above where the Meeting has decided to pay cash dividends from the Company's net profit for
         the financial year 2023 in the amount of IDR9.00 (nine Rupiah) per share or equivalent to
         IDR331,916,273,595.00 (three hundred thirty one billion nine hundred sixteen million two
         hundred seventy three thousand five hundred ninety five Rupiah) to be distributed to the
         shareholders of the Company, hereby notify the schedule and procedures for the distribution of
         cash dividends for the financial year 2023 as follows:
         A. Cash Dividend Distribution Schedule

              No                             Keterangan                                Tanggal
                 1    End of Trading Period for Shares with Dividend
                      Rights (Cum Dividend)
                          -    Regular and Negotiation Market;
                                                                     13 Mei 2024
                          -    Cash Market.
                                                                     15 Mei 2024
                 2    Beginning of Trading Period for Shares without
                      Dividend Rights (Ex Dividen):
                             -      Regular and Negotiation Market;
                                                                   14 Mei 2024
                             -      Cash Market.
                                                                   16 Mei 2024
                 3        Date of List of Shareholders Entitled to 15 Mei 2024
                          received Dividend (Recording Date)
                 4        Cash Dividend Payment Date                         21 Mei 2024

PT Garudafood Putra Putri Jaya Tbk
Head Office: Wisma GarudaFood, Jl. Bintaro Raya No.10A, Jakarta 12240 Indonesia
P: +62 21 7290110 (Hunting) F: +62 21 7290112
www.garudafood.com
Page 6
                    LEADING IN INNOVATION



         B. Procedures for Distributing Cash Dividends

             1. The Cash Dividend will be distributed to the Company's shareholders whose names are
                listed in the Shareholders Register ("DPS") or recording date on 15 May 2024 (recording
                date) and / or Owners of the company's shares on the securities account at the Indonesian
                Central Securities Depository ("KSEI") at the close of trading on 15 May 2024.

             2. For Shareholders of the Company whose shares are included in KSEI's collective custody,
                cash dividend payments will be made through KSEI and will be distributed on 21 May 2024
                into the Customer Fund Account (RDN) at the Securities Company and/or Custodian Bank
                where the Shareholders open a securities account. As for the shareholders of the Company
                whose shares are not included in the collective custody of KSEI, the cash dividend payment
                will be transferred to the account of the shareholders of the Company

             3. The Cash Dividend will be taxed in accordance with the applicable tax laws and regulations.

             4. 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 (“DN
                Entity Taxpayer”) and the Company does not deduct Income Tax on the cash dividends
                paid to the DN Entity Taxpayer. that. Cash dividends received by shareholders of domestic
                individual taxpayers (“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
                WPOP DN that does not meet the investment provisions as mentioned above, the
                dividends received by the DN concerned will be subject to income tax ("PPh") in
                accordance with the provisions of the applicable laws and regulations, and the PPh must
                be paid by the WPOP DN concerned himself with the provisions of Government Regulation
                no. 9 of 2021 concerning Tax Treatment to Support the Ease of Doing Business.

             5. Shareholders of the Company may obtain confirmation of dividend payments through
                securities companies and or custodian banks where shareholders of the Company open a
                securities account, then the shareholders of the Company must be responsible for
                reporting the dividend receipts referred to in tax reporting for the tax year concerned in
                accordance with the applicable tax laws and regulations.

             6. Shareholders who are Overseas Taxpayers whose tax withholding will use the rate based
                on the Double Taxation Avoidance Agreement ("P3B") must comply with the requirements
                of the Director General of Taxes Regulation No. PER-25/PJ/2018 concerning Procedures for
                the Application of Double Taxation Avoidance Agreement and submitting a document of
                record or receipt of DGT or SKD (Surat Domicile) which has been uploaded to the website

PT Garudafood Putra Putri Jaya Tbk
Head Office: Wisma GarudaFood, Jl. Bintaro Raya No.10A, Jakarta 12240 Indonesia
P: +62 21 7290110 (Hunting) F: +62 21 7290112
www.garudafood.com
Page 7
                    LEADING IN INNOVATION

                  of the Directorate General of Taxes to KSEI or the Securities Administration Bureau of PT
                  Datindo Entrycom (BAE) in accordance with KSEI's rules and regulations, without the said
                  documents, the cash dividends paid will be subject to Article 26 Income Tax of 20%.

             7. For Shareholders who are Overseas Taxpayers whose shares are in the collective custody
                of KSEI, evidence of dividend tax withholding can be collected at the Securities Company
                and/or Custodian Bank where the Shareholders open securities accounts and for Clearing
                Shareholders it can be collected at BAE.



                                                       Jakarta, 03 May 2024
                                                PT Garudafood Putra Putri Jaya Tbk
                                                      The Board of Directors




PT Garudafood Putra Putri Jaya Tbk
Head Office: Wisma GarudaFood, Jl. Bintaro Raya No.10A, Jakarta 12240 Indonesia
P: +62 21 7290110 (Hunting) F: +62 21 7290112
www.garudafood.com

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

linked org GARUDAFOOD PUTRA PUTRI JAYA Tbk p.1 ×29
linked person Hartono Atmadja p.2
linked person Fitra Dewata Teramihardja p.2
linked person Andi Chandra p.2
linked person Hardianto Atmadja p.2
linked person Paulus Tedjosutikno p.2
linked person Robert Chandrakelana Adjie p.2
linked person Fransiskus Johny Soegiarto p.2
linked person Johannes Setiadharma p.2
linked person Swadheen Sharma p.2
unresolved org Financial Services Authority p.1
unresolved person Liestiani Wang · Notaris p.1
unresolved org Rintis & Partners p.3
unresolved org Rintis & Rekan p.5 ×2
unresolved org Directorate General of Taxes p.7
unresolved org PT Datindo Entrycom p.7

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