Okinawa Sushi Shareholders Take Court Paths For EGMS

JAKARTA - Shareholders of PT Okinawa Sushi both at Central Park Mall (CPM), West Jakarta; Pondok Indah Mall (PIM), South Jakarta; and Pakuwon, Surabaya, East Java took the flow route to determine the extraordinary general meeting of shareholders (EGMS).

This was done because the president director and commissioner of this Japanese restaurant had never conducted an EGMS.

"Our agenda today is to provide assistance to our client registering an extraordinary GMS application to the Central Jakarta District Court's office. This letter is addressed to the Central Jakarta District Court where what is requested is to determine the Extraordinary GMS of PT Okinawa CPM, Okinawa PIM, and Okinawa Pakuwon," said the attorney for shareholders, Martin Lukas Simanjuntak, Friday, January 12, 2024.

Martin said that his party had written to the President Director of Okinawa Sushi, Bun Novy on October 31, 2023. However, there was no good response.

Thus, he concluded that the directors at the three PTs did not have good faith.

"Then we followed up on November 14, 2023, we made a letter and we have also published the letter to the Commissioner, namely Jauw Shu Mei who is also a Commissioner of PT Okinawa PIM and also Pakuwon and Okinawa CP Mall," said Martin.

Martin said the EGMS decision deadline was set 15 days after the letter was sent, which fell on November 29, 2023.

However, two days before the deadline, Al Jupri's attorney Gill Priscilla Rizky (AGRR) admitted that Bun Novi's attorney as Director of PT Okinawa PIM, PT Okinawa CPM, Okinawa Pakuwon asked for an extension of time to answer the EGMS request letter.

Martin said that his party still had a good view of the President Director of Okinawa Sushi.

However, he said, it should be noted that the letter sent was only responded to for almost half a month.

"It turned out, after writing the reply to ngalor, it seemed like he didn't believe us, asking for an attachment of power of attorney from shareholders and all kinds of things," said Martin.

Martin emphasized that based on the implementation regulations of the Financial Services Authority (OJK), every shareholder has the obligation to make an agreement.

With its contents, it can act on behalf of shareholders.

The provider of fund disbursement services from the shareholders of the Okinawa Sushi restaurant is PT ICX Bangun Indonesia.

"Well, it was acknowledged by ICX and was also conveyed to Bun Novi in its ICX system. There is also that check in terms and conditions under any circumstances, both to attend meetings, witnesses, and PT ICX as the organizer has the authority to attend the GMS representing shareholders," explained Martin.

Martin admitted that he had explained in a response letter to AGRR, Bun Novi's attorney. Unfortunately, he said, the explanation submitted by letter on December 8, 2023 with a deadline of 15 days to call the GMS had not been carried out.

"In fact, it was handled with things that turned the facts around, asking for an extension of time, then he said he asked for a power of attorney according to the stock sheet, which we listed. Even though based on the PT Law Number 40 of 2007 it was enough and in his first request he also only asked for 1/10 of the shareholders and we have given it. So I said these colleagues means they look like their clients and do not have good faith, namely bad faith," said Martin.

Therefore, said Martin, his clients, the shareholders together with the organizers of PT ICX, used legal rights to register a request for the summons of the Extraordinary GMS at the Central Jakarta District Court.

He hopes that the EGMS will ask for clarity on the responsibility of the dividends of the shareholders to be carried out immediately.

"We just have to wait for the trial schedule. So, earlier we registered through the e-court just waiting for our summons to attend the trial later. We hope that during the trial schedule, the Director and Commissioner of PT Okinawa CPM, PT Okinawa Pakuwon, PT Okinawa PIM can attend," he said.

Previously, a number of shareholders collected dividends from the director of the company engaged in the food sector.

The reason is, they have not received profits from their shares for a long time.

Because they did not receive the dividend, they asked to immediately hold the EGMS.

"Our hope is for the board of directors to provide transparency," said one shareholder, Rudi Hartanto when met in South Jakarta, Monday, November 6, 2023.

Likewise, another shareholder, Suryanto, wants transparent financial reports. Because, he admitted that he found many irregularities.

"Regarding the financial report, we found a lot of irregularities, so we ask for openness," he said.

The amount of the share percentage owned by the shareholders includes, among others. PT Okinawa CPM Indonesia's 131,450 shares or the equivalent of 27.77 percent of all shares issued by PT Okinawa CPM Indonesia.

Then, PT Okinawa PIM Indonesia shares of 163,850 shares, equivalent to 43.35 percent of all shares issued by PT Okinawa PIM Indonesia.

Then, PT Okinawa PAKUWON Indonesia amounted to 118,450 shares or the equivalent of 28.91 percent of all shares issued by PT Okinawa PAKUWON Indonesia.