1. Aproval of the Transfer and Write-off of the Company’s Assets, representing more than 50% of the Company’s total net assets, to be carried out in accordance with the prevailing laws and regulations
Brief explanation :
The First Agenda is presented to fulfill the provisions of Article 102 paragraph (1) letter a of the Indonesian Company Law, Article 12 paragraph (9) of the Company’s Articles of Association, Article 12 paragraph (10) letter a (1) of the Company’s Articles of Association, Financial Services Authority Regulation (POJK) No. 17/POJK.04/2020, and POJK No. 42/POJK.04/2020, which require the approval of the General Meeting of Shareholders for the transfer of the Company’s assets amounting to more than 50% (fifty percent) of the Company’s total net assets, whether in a single transaction or in multiple transactions that are interrelated or not, categorized as material transactions with a value exceeding 50% (fifty percent) of the Company’s equity
2. Changes of the Company's management
Brief explanation :
The Second Agenda is presented pursuant to the provisions of Article 11 paragraph (10), Article 14 paragraph (12), Article 23 paragraph (6) letter b, and Article 25 paragraph (4) of the Company’s Articles of Association, which stipulate that members of the Board of Directors and the Board of Commissioners shall be appointed and dismissed by the General Meeting of Shareholders