On June 7, 2018, PT Surya Esa Perkasa Tbk (“Company”) held the Annual General Meeting of Shareholders (AGMS) at the Indonesia Stock Exchange Building, attended by the Shareholders of the Company with ownership of 10,226,672,744 shares representing 71.51% of the total issued and paid-up shares in the Company.
On each agenda in the AGMS 2018, the decision of all shareholders of the Company is deliberated of consensus to approved to the following matters:
First Agenda:
a. To approve and ratify the Annual Report of the Company including the Report of the Board of Commissioners of the Company for the period ended 31 December 2017;
b. To approve the financial statements of the Company for the fiscal year ended on 31 December 2017;
c. Provide exemption and discharge to members of the Board of Directors of responsibility for the management of the Company and to members of the Board of Commissioners for the actions of the Company’s supervision, provided that all such actions are in the Company’s Financial Statements for the year ended 31 December 2017 (acquit et de charge) and not contrary to the prevailing laws and regulations and is not a criminal act.
Second Agenda:
To determine the use of Company’s Net Profit of the fiscal year ended December 31, 2017 amounting to USD 2,557,643 as follows:
– In connection with the Company’s development, particularly in relation to the construction of Ammonia Plant of subsidiaries, then the Company decided not to distribute dividend.
– Therefore, the Company’s Net Income of the fiscal year ended December 31, 2017 will be added to Retained Earnings.
Third Agenda:
Providing authority and power to the Board of Commissioners to determine salaries and / or honoraria and / or other allowances for members of the Board of Commissioners and members of the Board of Directors of the Company for the fiscal year 2018.
Fourth Agenda:
Appoint the Independent Public Accountant who is incorporated in the Independent Public Accounting Firm of Satrio, Bing, Eny and Associates – a member firm of Deloitte Touche Tohmatsu Limited, which will audit the Company’s Financial Statements for the fiscal year 2018 and approve the grant of authority to the Board of Commissioners to determine the honorarium and the requirements which reasonable for such Public Accounting Firm and to appoint successors or replacement of the Public Accounting Firm if it fails to complete the audit of the Company’s Financial Statements for the fiscal year 2018.
Fifth Agenda:
Approved and accepted the Reports and Responsibilities of the Realization of the use of funds resulted from the Limited Public Offering I and the following explanations and related matters as conveyed by the Company.