Maspion Bank, A Company Owned By The Alim Markus Conglomerate, Will Have A GMS At The End Of August, Want To Distribute Dividends?

Conglomerate Alim Markus. (Photo: Special)

JAKARTA - PT Bank Maspion Indonesia Tbk will hold an Annual General Meeting of Shareholders (AGMS) on Tuesday, August 31, 2021 in Surabaya. What is the agenda for the AGM of the bank owned by the Alim Markus conglomerate?

In the announcement on the Indonesia Stock Exchange website, quoted on Tuesday, August 10, there were four agenda items at the AGM of Alim Markus' bank, known through the jargon "Love Indonesian Products".

First, the approval of the 2020 annual report, including the company's audited financial statements, the directors' report on the company's business activities and the supervisory report of the board of commissioners for the financial year ending December 31, 2020.

Second, the determination of the use of the company's profits for the financial year ending on December 31, 2020. Third, determining the salary or honorarium and other benefits to members of the company's board of directors and commissioners.

And fourth, the appointment of a registered public accountant to examine the company's books for the financial year ending on December 31, 2021.

"The meeting agenda is a routine agenda and must be submitted by the board of directors at the company's AGMS. This is in accordance with the provisions in the company's articles of association and Law No. 40 of 2007 concerning limited liability companies (UUPT)," wrote the management of Bank Maspion.

For information, Maspion Bank posted a net profit for the year of Rp66.99 billion for the period January 1 to December 31, 2020. Based on the financial statements of December 31, 2020, profit for that period grew 12.1 percent year on year. In 2019, the company's net profit was recorded at Rp59.75 billion.