JAKARTA - PT PP Properti Tbk, one of the leading property developers in Indonesia, has successfully held the Annual General Meeting of Shareholders (Annual General Meeting of Shareholders) for the 2025 Book Year, in Jakarta, Thursday, June 4.
In the Annual General Meeting of Shareholders for the 2025 Fiscal Year, the Company discussed and obtained shareholder approval for six meeting agenda items, namely:
1. Approval of the Annual Report and Approval of the Consolidated Financial Statements of the Company, including Approval of the Report of the Supervisory Board of Directors for the 2025 Fiscal Year, as well as the Payment of Settlement and Full Release of Liability (volledig acquit et de charge) to the Board of Directors for Management Actions and the Board of Directors for Supervisory Actions that have been carried out during the 2025 Fiscal Year.
2. Determination of Salary/Honorarium, Facilities and Allowances for the 2026 Fiscal Year, as well as Remuneration for the 2025 Fiscal Year for the Company's Directors. 3. Determination of Public Accountants and/or Public Accounting Firms (KAP) to Audit the Consolidated Financial Statements of the Company for the 2026 Fiscal Year. 4. Change in the Company's Articles of Association. 5. Delegation of Authority to Approve the Company's Work Plan and Budget (RKAP) for 2027 and its Amendments from the GMS to the GMS Designated Party. 6. Discussion of Changes in the Company's Board of Directors, with a decision to maintain the composition of the Board of Directors and the Board of Commissioners of the Company.
The holding of this Annual General Meeting of Shareholders is an important momentum for the Company to convey accountability for the 2025 Fiscal Year performance while reaffirming its commitment to strengthening business performance, improving governance quality, and maintaining business sustainability in the midst of the growing dynamics of the property industry.
2025 is a strategic phase for the Company in continuing the agenda of improvement that has been consistently carried out in recent years. Various steps taken have begun to show increasingly measurable results, especially through strengthening the financial structure, more prudent management of liabilities, improving cash flow quality, and optimizing operational efficiency.
This effort also encourages the increase in the confidence of stakeholders in the direction of management and the Company's prospects in the future.
The Company's commitment to strengthening corporate governance is also consistently carried out through the implementation of transparent and accountable Good Corporate Governance (GCG) principles. This is reflected in the Company's Consolidated Financial Statements for the 2025 Fiscal Year which have been audited by the Public Accounting Office of Amir Abadi Jusuf, Aryanto, Mawar and Partners (RSM Indonesia) with an opinion of "Fair in All Material Matters".
Throughout the 2025 Fiscal Year, the Company recorded business income of IDR 323.2 billion. In terms of financial management, the Company also managed to maintain the gearing ratio indicator at 86.92 percent of the target set, reflecting discipline in managing the capital structure during the performance improvement process.
President Director of PT PP Properti Tbk, Dyah Rahadyannie, conveyed that the Company understands the attention of shareholders to the performance achieved throughout 2025. Therefore, management continues to strive to carry out various improvement measures comprehensively to strengthen business fundamentals and increase sustainable added value.
"The Company continues to focus on implementing a transformation agenda that is not only oriented towards improving business performance, but also on strengthening governance, as well as the quality of financial reporting. Various strategic steps that we take, including portfolio optimization through asset divestment to strengthen cash flow, are part of efforts to create a healthier foundation," said Dyah.
Furthermore, Dyah added that the Company continues to carry out a thorough evaluation of business conditions to ensure that every policy taken is able to provide a positive impact on the company's performance in the long term.
"With the support of all stakeholders, we are optimistic that we can continue the improvement process gradually, maintain discipline in business management, and create better value for shareholders," he added.
Going forward, the Company will continue to focus on strengthening business fundamentals, improving governance quality, and prudent business management. Through these steps, the Company hopes to maintain the momentum of improving performance while creating long-term value for all stakeholders.
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