PT BUKIT ULUWATU VILLA Tbk.
(“Company”)
ANNOUNCEMENT OF
ANNUAL GENERAL MEETING OF SHAREHOLDERS
PT BUKIT ULUWATU VILLA TBK.
Hereby notified the shareholders of PT Bukit Uluwatu Villa Tbk. (the “Company”) that the Company intends to hold an Annual General Meeting of Shareholders (“Meeting”), which shall be held physically and electronically on Wednesday, June 28, 2023. Shareholders can access the Meeting electronically through the Electronic General Meeting System of PT Kustodian Sentral Efek Indonesia (“KSEI”) (“eASY.KSEI”), this system is provided by KSEI as the facilitator of the online Meeting.
The shareholders who are eligible to attend the Meeting and/or be represented in the Meeting are the shareholders of the Company whose names are registered in the Company’s Shareholder Register and/or the Company’s shareholders whose names are listed in KSEI sub-account securities at the close of trading in the Company’s shares at Indonesia Stock Exchange on June 5, 2023 by 4.00 p.m. Western Indonesian Time.
According to the Articles of Association of the Company and Financial Service Authority Regulation No. 15/POJK.04/2020 on the Plan and Implementations of the General Meeting of Shareholders of Public Company (“FSAR No. 15/2020”), the Meeting invitation shall be announced on Indonesia Stock Exchange website, namely www.idx.co.id, eASY.KSEI through htpps://akses.ksei.co.id, and the Company’s website www.buvaqroup.com on Tuesday, June 6, 2023.
The proposed agenda from the shareholders will be included on the Meeting’s agenda if it fulfills the requirements pursuant to Article 10 Paragraph (3) of the Articles of Association of the Company and Article 16 of FSAR No. 15/2020, as follows:
- The proposed agenda shall be submitted in writing to the Company’s Board of Directors by one or more shareholders who jointly represent at least 1/20 (one-twentieth) or more of the total of all the shares with valid voting rights that have been issued by the Company;
- The relevant proposal has been received by the Company’s Board of Directors at least 7 calendar days prior to the date of the Meeting Invitation; and
- The proposed agenda shall be: (a) made in good faith; (b) consider the interests of the Company; (c) an agenda that requires the resolutions of the Meeting; (d) include the reasons and material of the agenda of the Meeting; and (e) not contravene the prevailing laws and regulations and the Articles of Association of the Company.
Jakarta, May 22, 2023
PT Bukit Uluwatu Villa Tbk.
Board of Directors