Annual General Meeting of Shareholders (AGMS) 2019

On 13 May 2019, PT Chandra Asri Petrochemical Tbk held Annual General Meeting of Shareholders (AGMS), for the financial year of 2018 in Wisma Barito Pacific, Jakarta. Led by Mr. Djoko Suyanto as President Commissioner, the meeting was attended by the board of commissioner and directors of Chandra Asri. On this occasion, the shareholders approved to all the subjects discussed, one of them was the use of net profit in 2018 as cash dividends with a total value of US$54,500,000. This number will be taking into account with an interim dividend of US$28,801,917 paid on 24 October 2018. Thus, the remaining amount of cash dividend to be paid is US$25,698,083 or equal with US$0.00144. The meeting also approved changes in company's structure which will start effective from 1 July 2019 until the closing of the Company's Annual General Meeting of Shareholders to be held in 2021, as well as several amendments to the Articles of Association, one of them, was the change in the company's status from foreign investment become domestic investment.