argoyasa

THE SUMMARY OF MINUTES OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS (AGMS)

PT Agro Yasa Lestari Tbk

Domiciled in Central Jakarta

(“the Company“)

 

 

THE SUMMARY OF MINUTES OF

THE ANNUAL GENERAL MEETING OF SHAREHOLDERS (AGMS)

 

The Company’s Board of Directors hereby announces to the Company’s shareholders that the Company has convened an Annual General Meeting of Shareholders (the “AGMS”), held on 11:00 WIB – 12.14 WIB, at Jl. Balai Pustaka Barat No. 27 Rawamangun Jakarta Timur 13220, with the following summary:

 

 

AGMS Agenda

  1. Approval of the Company’s Annual Report, including the Financial Statement, and Board of Commisioner’s Report during the accounting year which ends on 31 December 2019.
  2. Approval to grant a full acquittal and discharge of responsibilities (acquit et de charge) to the Company’s Board of Directors and Board of Commissioners of their management and supervisory duties during the financial year of 2019, insofar reflected in the Company’s Annual Report and Financial Statement during the financial year which ends on 31 December 2019, except for any embezzlement, fraud and other criminal actions.
  3. Realization on utilization of proceeds from the Public Offering.
  4. Approval of the appointment of the Public Accountant Office to carry out an audit of the Company for the financial year ended on 31 December 2020.

 

Board of Commisioners and Board of Directors Attended the AGMS

 

Board of Comissioners
President Commisioner:Mr. Hidayat Winardi
Independent Commisioner:Mr. Muhammar Amin
   
Board of Directors  
President Director:Mr.  Akam
Director:Mr. Arief Darmawan

Mr. Haji Nully Sadar

 

Shareholder Attendance

The AGMS was attended by the shareholders and/or their legitimate proxies, representing 597.969.300 shares with legitimate voting rights or equals to 70.07 % of 853.423.205 shares, or the full amount of shares with legitimate voting rights that the Company has issued. Therefore, the attendance has reached the quorum of the AGMS required by applicable laws and regulations.

 

Decision Making Mechanism

Any decision making in the AGMS are determined in amicable manner. However, if such decision cannot be made amicably, such decision shall be made through voting mechanism.

 

Shareholder’s Opportunity to Raise Question and/or Suggestion

The shareholders are given the opportunity to raise a question and/or giving suggestion in each AGMS agenda. Shareholders who raised questions and/or suggestion in each AGMS agenda are stated in the table below.

 

Decision Voting Result

 

AGMS AgendaNumbers of Vote/Shareholder
Agreed (%)Did Not Agree (%)Abstain (%)Question/Suggestion
First99,99990,000010None
Second99,99990,000010None
Third99,99990,000010None
Fourth99,99990,000010None

 

AGMS Decision

The AGMS has decided to approve following matters below:

 

  1. Approved the Company’s Annual Report, including the Financial Statement audited by Budiman, Wawan, Pamudji dan Rekan Public Accountant Office, and Board of Commisioner’s Report during the accounting year which ends on 31 December 2019
  2. 2. Approved to grant a full acquittal and discharge of responsibilities (acquit et de charge) to the Company’s Board of Directors and Board of Commissioners of their management and supervisory duties during the financial year of 2019, insofar reflected in the Company’s Annual Report and Financial Statement during the financial year which ends on 31 December 2019, except for any embezzlement, fraud and other criminal actions.
  3. 3. Approved the realization on utilization of proceeds from the Public Offering.
  4. Approved to appoint Budiman, Wawan, Pamudji dan Rekan Public Accountant Office to carry out an audit of the Company for the financial year ended on 31 December 2020.

 

 

 

Jakarta, 28 December 2020

 

PT AGRO YASA LESTARI Tbk

Board of Directors