United Tractors Tbk PT : Distributes Rp 2.76 Trillion or Rp 740 per Share Cash Dividend for Financial Year 2014
April 22, 2015 at 01:58 pm
Share
JAKARTA: On Tuesday, 21 April 2015, United Tractors ("UT/ the Company") conducted the Annual General Meeting of Shareholders ("AGMS") at JW Marriott Hotel, Jakarta.
The AGMS adopted the resolutions in brief as follows:
Approved and accepted the Annual Report for the book year 2014, ratified of the Supervisory Report of Board of Commissioners, and ratified the Financial Statement of the Company for the book year 2014, audited by the Public Accountant Firm of Tanudiredja, Wibisana & Partners (a member of the PricewaterhouseCoopers network of firms) as stated in their report dated 20 February 2015, rendering the opinion of fairly stated in all material respects.
Approved the utilization of profits of Rp5.36 trillion as follows:
to be distributed as a cash dividend in the amount of Rp2.76 trilion or Rp740,- per share (including the interim dividend in the amount of Rp195,- per share paid on 28 October 2014), whereas the remaining amount of Rp545,- per share will be paid on 22 May 2015 to each shareholders whose names are listed in the shareholders registry on 4 May 2015 at 04.00pm.
the remaining amount shall be recorded as retained earnings.
Appointed member of the Board of Commissioners of the Company for the term of office 2015-2017, as follows:
President Commissioner : Prijono Sugiarto
Vice President Commissioner : David Alexander Newbigging
Commissioner : Simon Collier Dixon
Commissioner : Djoko Pranoto
Independent Commissioner : Anugerah Pekerti
Independent Commissioner : Nanan Sukarna
Appointed member of the Board of Directors of the Company for the term of office 2015-2017, as follows:
President Director : Gidion Hasan
Director : Iman Nurwahyu
Director : Loudy Irwanto Ellias
Director : Iwan Hadiantoro
Director : Idot Supriadi
Independent Director : Edhie Sarwono
Approved the determination of salary and/ or allowances to the members of the Board of Directors of the Company and honorarium and/ or allowances to the members of the Board of Commissioners for the year 2015-2016.
Authorized the Board of Directors of the Company by taking into consideration the suggestion of the Board of Commissioners of the Company to appoint a public accountant firm in Indonesia, affiliated with one of the big four of international public accountants and registered in the Registry of Otoritas Jasa Keuangan provided for such purpose, to audit the consolidated Financial Statement of the Company for the book year ending as at 31 December 2015.
Approved the amendment of company's articles of association based on the new regulations issued by Financial Services Authority (OJK) and Indonesia Stock Exchange.
PT United Tractors Tbk is engaged in various business activities, including sales and rental of heavy equipment (Construction machineries) and the related after sales services; mining and mining contracting; engineering, planning, assembling, and manufacturing components of machinery, tools, parts, and heavy equipment; vessel construction and vessel related repair services; vessel charter and shipping services; construction industry; power plant, and fishery industry. Its segments include construction machinery, mining contracting, coal mining, gold mining construction industry and energy. The construction machinery segment includes sales and rental of heavy equipment and after sales services. The mining contracting segment offers mining services to mining concession holders. The coal and gold mining segment focuses on the mining and selling of coal and gold. The construction industry segment provides construction services. Energy segment provides services and sales related to energy.