SUMMARY OF MINUTES

ANNUAL GENERAL MEETING OF SHAREHOLDER

PT KABELINDO MURNI Tbk.

The Board of Directors of PT Kabelindo Murni Tbk. (hereinafter Company) hereby

inform all Company Shareholders that an Annual General Meeting of Shareholder
(hereinafter Meeting) was held:
A.

Date, Time, Venue, and Agenda

Date
: May 30, 2016
Time
: 11.09 11.52, Western Indonesian Time
Venue
: PT Kabelindo Murni Tbk.
Jl. Rawa Girang No. 2
Kawasan Industri Pulogadung
Jakarta Timur 13930
Agenda
: 1. Directors Report regarding the situation and
management of the Company in Financial Year 2015,
including the 2015 Supervisory Report of the Board of
Commissioners.
2. Validating the 2015 Annual Financial Report, as well as
granting the Board of Directors and Board of
Commissioners full release and discharge of operational
and supervisory responsibilities (acquit et de charge)
for Financial Year 2015.
3. Determining the use of Company Profit for Financial
Year 2015, ending on December 31, 2015.
4. Appointing the Public Accountant for Financial Year
2016.
5. Determining the salary and/or allowance of the
members of the Board of Directors, along with the fee
and/or allowance of the members of the Board of
Commissioners.
6. Reorganizing the Composition of the Board of Directors.

B.

Board of Directors and Board of Commissioners Attendance

The members of the Board of Directors and Board of Commissioners who attended
the Meeting were:
Board of Directors
President Director
Independent Director
Director

Summary AGMS PT Kabelindo Murni Tbk.

: Mr. Nicodemus M. Trisnadi

: Mr. Tan Robert Tanto
: Mr. Wibowo

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Board of Commissioners
President Commissioner
Independent Commissioner
Commissioner

: Mr. Soepono
: Mr. D.N. Adnyana
: Mr. Budi Setiono Santoso

C.

Minimum of Attendance
The Meeting was attended by shareholders or their representatives who
represented 967.993.200 shares or 86.43% of Companys total shares with valid
voting rights that have been issued by the Company.

D.

Questions & Answers Session

Meeting Leader provided an opportunity to shareholders to ask questions and/or
give input on every agenda item.

E.

The number of shareholders who asked questions and provided input and/or
suggestions.
None.

F.

Decision-Making Mechanism
Consensus decision-making was implemented, but if any of the Shareholders or
their Representatives opposed or gave a blank vote, then voting would be
conducted through the method of raising hands.

G.

Voting Results
All who attended the Meeting agreed to all six agenda items.

H. Meeting Decisions
Agenda Item (1) and (2):
Due to the fact that there were neither opposing voices nor blank votes, the
Meeting consensus was:
To wholly approve of the Directors Report regarding business operations of the
Company and all of the goals achieved in Financial Year 2015, including the 2015
Supervisory Report of the Board of Commissioners, during the period ending on
December 31, 2015, audited by Public Accounting Firm Doli, Bambang, Sulistiyanto,
Dadang & Ali, as stated in their letter no. R. 11.2/012/03/16, dated March 28, 2016
(Unmodified Opinion).
By approving the 2015 Directors Report regarding business operations including
the 2015 Supervisory Report of the Board of Commissioners, along with the
Validation of the Consolidated Financial Statement and the Consolidated
Comprehensive Income for the year ending on December 31, 2015, the Board of
Directors and Board of Commissioners are granted full release and discharge of
operational and supervisory responsibilities (aquit et de charge) in Financial Year
2015 as long as these are not against the law and are stated in the Consolidated
Financial Statement and the Consolidated Comprehensive Income.
Agenda Item (3):
Due to the fact that there were neither opposing voices nor blank votes, the
Meeting consensus was:

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To agree for the use of the net profit of Rp 12.782.644.926,- as follows:

- Rp 3.360.000.000,- will be distributed as cash dividend for Financial Year 2015 to
1.120.000.000 shares, so that each share receives a cash dividend of Rp 3,-;
- Rp 200.000.000,- for Reserve Fund;
- The remaining Rp 9.222.644.926,- is for Retained Earning.
The distribution of dividends is to be conducted on July 1, 2016, through distributing
Rp 3,- of cash dividend for each share to the Company shareholders listed in the
Company Shareholder List, on June 9, 2016, at 16:15, Western Indonesian Time
using the following payment methods:
- For shareholders under the collective custody of the Indonesian Central Securities
Depository, the payment transfer will be made via the shareholders bank account
to the Indonesian Central Securities Depository account holder;
- For shareholders who are not yet registered for collective custody of the
Indonesian Central Securities Depository, payment will be made with a special
bank cheque that may be picked up at the Company during working hours;
- Shareholders who would like for the dividends to be paid through bank transfer
are required to submit a written request and their bank account details to the
Company;
- All dividends are tax deductible in accordance with the applicable provisions
which shall be detained by the Company.
The Meeting entrusts the Board of Directors with all power in regards to the
dividend distribution.
Agenda Item (4):
Due to the fact that there were neither opposing voices nor blank votes, the
Meeting consensus was:
To grant the Board of Commissioners and Board of Directors the full power and
authority to designate the Public Accounting Firm listed in the Financial Services
Authority to examine the Consolidated Statements of Financial Position,
Consolidated Statements of Profit or Loss and Other Comprehensive Income, also
other part of financial reports of the Company for the year ending on December 31,
2016 along with determining the services fee for the Public Accountants and in
regards to other requirements.
Agenda Item (5):
Due to the fact that there were neither opposing voices nor blank votes, the
Meeting consensus was:
To grant the Companys Board of Commissioners the full power to determine the
amount of salary and/or other allowances, including rewards/bonuses for the
members of the Board of Directors and Board of Commissioners.
Agenda Item (6):
Due to the fact that there were neither opposing voices nor blank votes, the
Meeting consensus was:
1. To accept the resignation of Mr. NICODEMUS M. TRISNADI from the President
Director position of the Company, starting from the end of this Meeting, by

Summary AGMS PT Kabelindo Murni Tbk.

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granting Mr. NICODEMUS M. TIRSNADI full release and discharge (acquit et de

charge) and suggesting Mrs. ELLY SOEPONO as the new President Director of the
Company.
2. To accept the resignation of Mr. WIBOWO from the Director position of the
Company, starting from the end of this Meeting, by granting Mr. WIBOWO full
release and discharge (acquit et de charge) and suggesting Mr. PETRUS
NUGROHO DWISANTOSA as the new Director of the Company.
3. To instate Mrs. VERONICA LUKMAN as a new Director.
4. The reorganization of the Companys President Director and Director positions is
valid starting from the end of this Meeting and for the remaining office term of
the previous President Director and Director, or other Directors, which is until
the end of the 2017 (two thousand seventeen) Annual General Meeting of
Shareholders, and therefore the current Board of Directors are as follows:
Directors:
- President Director
- Independent Director
- Director
- Director

:
:
:
:

Mrs. ELLY SOEPONO

Mr. TAN ROBERT TANTO
Mrs. VERONICA LUKMAN
Mr. PETRUS NUGROHO DWISANTOSA

5. To grant the Board of Directors full power and authority, as an individual or a

group, with a right of substitution in regards to the above decisions, including but
not limited to: declaring the reinstatement of the members of the Board of
Directors as specified above on a separate Notary Deed; registering them at an
Agency of authority; and including them in a Company Registration.
I.

Cash Dividend Payment

In relation to the decision specified on the Third Agenda Item, we provide
additional information as follows:
Cum Dividen Period:
- Regular Market Trading
- Cash Market Trading

:
:

June 6, 2016
June 9, 2016

Periode Ex. Dividen:

- Regular Market Trading
- Cash Market Trading

:
:

June 7, 2016
June 10, 2016

Recording Date
Cash Dividend Payment

:
:

June 9, 2016
July 1, 2016

Jakarta, June 1, 2016

Board of Directors
PT KABELINDO MURNI Tbk.

Summary AGMS PT Kabelindo Murni Tbk.

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