GMS is the main forum for shareholders to make the highest level of resolution in the Company. In GMS, Board of Commissioners (BoC) and Board of Directors (BoD) will report and report their duties and performance to the shareholders. Through GMS, shareholders can exeecise their rights and provide opinions during the important decisions making regarding the direction of the company.
GMS in Corporation consists of:
1. Annual GMS which shall be held annually, no later than six months following the end of fiscal year of the Company.
2. Other GMS may be held at any time when deemed necessary by the Company.
The Implementation of Company’s GMS has followed the implementation procedures under Regulation of OJK Number 32/POJK.04/2014 dated 8 December 2014 concerning Planning and Holding General Meetings of Shareholders of Public Companies. In the implementation, the Company commits to ensure that all of the shareholders’ rights are fulfilled in every GMS implementation. The procedures related to the ballot process have been developed by taking into account the principle of independence and upholding the interest of shareholders.