General Meeting of Shareholders

May 09, 2019 |    3347

PT Sierad Produce Tbk (the Company) holds the Annual General Meeting of Shareholders (AGMS) for Fiscal Year 2018 and the Extraordinary General Meeting of Shareholders (EGMS) on 9 May 2019 at Soehana Hall, The Energy Building, Jakarta.


The AGMS obtain several important decisions including approval of the Annual Report year 2018 and Financial Statement for the accounting year ended on 31 December 2018, give full release (acquit et de charge) to the Directors and Commissioners for all management and supervision actions carried out in 2018, approval of the appropriation of the profit of the Company, approval on the appointment of the Board of Commissioners and Directors.


In the EGMS the agenda discussed included changes to Article 3 of the Company's Articles of Association concerning the Purpose and Objectives and Business Activities of the Company in connection with the issuance of Government Regulation Number 24 of 2018 concerning Online Single Submission Services, which the Government began to enforce the OSS system is related to business licensing, and is based on instructions from the Ministry of Law and Human Rights.