PT Petrosea Tbk · IDX:PTRO

PT Petrosea Tbk — Shareholder Meeting (December 2006)

10 slides from PT Petrosea Tbk's shareholder meeting presentation, Dec 15, 2006

  1. Slide 1: Extraordinary General Meeting of Shareholders of PT Petrosea Tbk

    Engineering Construction and Mining EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OF PT Petrosea Tbk Garden Hotel – Jakarta 15 December 2006

  2. Slide 2: EGM opening and welcome

    EGM – 15 December 2006  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 Article 22 Paragraph 1 of the Articles

  3. Slide 3: Meeting notices and quorum confirmation

    EGM – 15 December 2006  Pursuant to article 21 paragraph 2 of Articles of Association, the Board of Directors announced the Preliminary Notice and the Final Notice of this meeting in the same two daily newspapers on 7 November 2006 and 27 November 2006 respectively.  Before we move to the main poi

  4. Slide 4: Shareholders attending and shares represented

    EGM – 15 December 2006  I have been confirmed by the Notary that this meeting has been attended by the shareholders of the Company or represented by their legal proxies who represent : 80,454,100 shares or equal 82.28% of the total shares issued by the Company.

  5. Slide 5: Quorum declared and meeting opened

    EGM – 15 December 2006  Hence the quorum as required in Law No.1/1995 concerning the Limited Liability Company under Articles 73 Paragraph 1 and Articles 23 Paragraph 1a of the Company’s Articles of Association, this Extraordinary General Meeting of Shareholders shall be lawful and rightful to make

  6. Slide 6: Agenda

    EGM – 15 December 2006 Agenda Amendments to the composition of the Board of Commissioners.

  7. Slide 7: Voting procedure and term of office

    EGM – 15 December 2006 • I also draw your attention to Article 23 paragraph 5 of the 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 casting of vo

  8. Slide 8: Shareholder proposal to appoint Independent Commissioner

    EGM – 15 December 2006  Pursuant to paragraph 5 of Article 21 of the Company Articles of Association, we have received a proposal from the shareholder Clough International Singapore Pte Limited in its letter dated 20 October 2006 proposing :  To appoint John S. Karamoy as Independent Commissioner,

  9. Slide 9: John Karamoy background

    EGM – 15 December 2006  Today, John Karamoy joined PT Petrosea Tbk as an Independent Commissioner. Throughout his career John has undertaken roles for many oil and gas companies such as Stanvac, Huffco, and Medco Energy. In 2001 to 2006 as President Commissioner at PT Medco Energy International Tbk

  10. Slide 10: Composition of the Board of Commissioners

    EGM – 15 December 2006 Therefore the composition of the Board of Commissioners is as follows :  President Commissioner : Drs. Haji Udaya Sastrodimedjo  Independent Commissioner : Firdaus A. Siddik  Independent Commissioner : John S. Karamoy  Commissioner : David P.A. Singleton  Commissioner : A

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