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If you want conduct business in Indonesia under a Local Company (Perseroan Terbatas or PT Local) or you already act as a shareholder in Indonesia, you must know that Annual General Meeting (AGM) is a crucial thing and an AGM is mandatory to be held every year by a local company. What is AGM, what is its purpose and how to conduct an AGM? Here are a few things shareholders and business owners must know. AGM will only be valid if shareholders with at least 50% voting rights attend the AGM. If this quorum for AGM is not met, a notice for the second AGM can be sent to shareholders to tell them that quorum was not met.It is also worth noting that the agenda of AGM should be submitted to Financial Services Authority known as Otoritas Jasa Keungan (OJK) five days before AGM announcement is made.An important thing to note is that Indonesian law allows AGM to be electronically held using video conference, teleconference or other suitable electronics means. CONTACT DETAILS Kirana 2 Tower Level 10-A Jl. Boulevard Timur No 88, Kelapa Gading Jakarta-Utara, 14240, Indonesia +62 8128 349 2928 info@mamsolutions.net https://mamsolutions.net/ | |
Target Nation: All Nations Target City : All Cities Last Update : 10 June 2024 3:02 PM Number of Views: 92 | Item Owner : Mamsolutions Contact Email: Contact Phone: (None) |
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