GMS LB PT KPBN March 5, 2019

GMS-LB was led by Mr. Seger Budiarjo as the Head of Human Resources and General Affairs of Holding Perkebunan Nusantara PTPN III (Persero) and attended by the Board of Directors of PTPN Group, the Board of Commissioners of PT KPBN, and the Board of Directors of PT KPBN.The Decisions agreed upon during the GMS-LB of PT. Kharisma Pemasaran Bersama Nusantara (KPBN) included:
Approve the transfer of all shares of PTPN I, PTPN II, PTPN IV, PTPN V, PTPN VI, PTPN VII, PTPN VIII, PTPN IX, PTPN X, PTPN XI, PTPN XIII and PTPN XIV to PT Perkebunan Nusantara III (Persero). This way, after the signing of the agreement and the handover of share rights, the shareholder composition will be PT Perkebunan Nusantara III (Persero) with 88.492 shares valued at IDR 88.492.000.000 and PT Perkebunan Nusantara XII with 6.884 shares valued at IDR 6.884.000.000.
Approve the Amendment and Reorganization of the Articles of Association of PT KPBN, particularly Articles 3, 4, 5, 10, 11, 14, 17, 21, 23, 26, 28, 29, 30, 31, as well as the deletion of Article 32.