It is hereby announced to the Shareholders of the company that the company has held its Annual General Meeting ("AGM") and Extraordinary General Meeting ("EGM") on June 19, 2019 at the GRHA MITRA Building 2nd Floor, Jalan Pejaten Barat No. 6 South Jakarta, with the following summary of the minutes of the meeting :
A. The Annual General Meeting of Shareholders :
1.   Receive and approve the Company's Annual Report for fiscal year 2018, including the Board of Directors' Report and the Board of Commisioners Report, and ratify the Company's Consolidated Financial Statements for the financial year ended 31 December 2018 and its Subsidiary Entities, which have been audited by Heliantono & Associate Public Accounting Firm as stated in its report dated April 10, 2019 with an unqualilified opinion, thus acquirring full responsibility (acquit et de charge) to all members of the Company Board of Directors and Board of Commissioners of their management and supervision during the 2018 financial year, as reflected in the Company's Annual Report for the financial year ended 31 December 2018.
2.   (i). Give authority to the Board of Commissioners to appoint a public accountant firm to audit the financial statements of the company for the fiscal year ending on 31 December 2019, establish honorarium, and other benefits.
      (ii). Give authority to the Board of Commissioners to establish salaries, honorarium and other benefits for the Board of Directors and Board of Commissioners for the fiscal year of 2019.
B. The Extraordinary General Meeting of Shareholders :
1.   Give approval the Company to guarantee a large portion of the company's assets, more than 50% of the Company's net worth, to obtain an extension, change, additional loan, extension of credit facilities to the bank and / or financial and non-financial institutions.
2.   Authorize the Directors of the Company to take all necessary actions in regards to the guarantee of the large portion the Company's assets, more than 50% of the Company's net worth.