Pt Petrosea Tbk · IDX:PTRO
Pt Petrosea Tbk — Shareholder Meeting (January 2008)
13 slides from Pt Petrosea Tbk's shareholder meeting presentation, Jan 18, 2008
Slide 1: Extraordinary General Meeting of Shareholders of PT Petrosea Tbk
EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OF PT Petrosea Tbk Garden Hotel – Jakarta 18 January 2008
Slide 2: EGM – 18 January 2008
EGM – 18 January 2008 • Good morning, Shareholders, Ladies and Gentlemen • Allow me as President Commissioner of PT Petrosea Tbk to welcome and thank you for your presence at this Extraordinary General Meeting of Shareholders of PT Petrosea Tbk. • Pursuant to the provision of paragraph 1 of article
Slide 3: EGM – 18 January 2008
EGM – 18 January 2008 • Pursuant to article 21 paragraph 2 of the Articles of Association, the Board of Directors issued a Preliminary, and the Final Notice, of this meeting by placing the notices in the daily newspapers Bisnis Indonesia, and Suara Pembaruan on 19 December 2007 and 3 January 2008 re
Slide 4: EGM – 18 January 2008
EGM – 18 January 2008 • I have received a report from the Notary that this Meeting is attended by shareholders of the Company or their legal proxies representing : ……………………………. shares or ...……..% of the total shares issued by the Company.
Slide 5: EGM – 18 January 2008
EGM – 18 January 2008 • Hence the quorum as required in Law No.40/2007 concerning the Limited Liability Company under Article 86 Paragraph 1 and Article 23 Paragraph 1a of the Company’s Articles of Association, this Extraordinary General Meeting of Shareholders shall be lawful and rightful to make a
Slide 6: Agenda
EGM – 18 January 2008 Agenda • Amendments to the composition of the Board of Commissioners • Amendments to the composition of the Board of Directors
Slide 7: EGM – 18 January 2008
EGM – 18 January 2008 • I also draw your attention to Article 23 paragraph 5 of the Company’s Articles of Association which states that the casting of votes concerning a person shall be in writing, but not signed and shall be put into a closed envelope, except if the meeting Chairman allows the cast
Slide 8: EGM – 18 January 2008
EGM – 18 January 2008 • John D. Cooper has submitted a letter of resignation from his position as a Commissioner of the Company, dated 7 December 2007. • In this connection, we have received a proposal from the shareholder Clough International Singapore Pte Limited in its letter dated 18 December 20
Slide 9: EGM – 18 January 2008
EGM – 18 January 2008 • John Smith graduated from Glasgow University with a degree in Mechanical Engineering and got a chartered engineer. He has spent the majority of his time in the offshore oil and gas industry. Throughout his career John has undertaken roles for various companies wholly or parti
Slide 10: Composition of Commissioners
EGM – 18 January 2008 Therefore the composition of the Board of Commissioners is as follows : • President Commissioner : Firdaus A. Siddik • Independent Commissioner : John S. Karamoy • Commissioner : John Smith • Commissioner : Andrew J. Walsh
Slide 11: EGM – 18 January 2008
EGM – 18 January 2008 • John F. B. Sheridan has submitted a letter of resignation from his position as the President Director of the Company, dated 1 December 2007. • In this connection, we have received a proposal from the shareholder Clough International Singapore Pte Limited in its letter dated 1
Slide 12: EGM – 18 January 2008
EGM – 18 January 2008 • Since there are no ( more) questions, we will proceed to approve the resignation of John F. B. Sheridan as a President Director and then to appoint Micky A. Hehuwat, as the new President Director to continue the office term from the date this meeting is closed through to the
Slide 13: Composition of Directors
EGM – 18 January 2008 Therefore the composition of the Board of Directors is as follows : • President Director : Micky A. Hehuwat • Director : Hendrick U. Ibrahim