May 21, 2019

AGMS PT Natura City Developments Tbk , May 2019

PT Natura City Developments Tbk (CITY) held an Annual General Meeting of Shareholders (AGMS). The AGMS were held at The Alana Hotel & Conference Center, Jl. Ir. H. Juanda No 76, Sentul City, Bogor, on Wednesday, May 15, 2019, at 10:00 WIB – Finish.

In the meeting there are several meeting agendas including agenda that required in the Financial Services Authority Regulation (POJK) and the Company’s Articles of Association. The parties whose attended or represented the meeting is the shareholder of PT Natura City Developments Tbk whose name is listed in the shareholders list on recording date.

One of the meeting agenda was the replacement of the position of Independent Commissioner and Independent Director of the Company. From the Board of Commissioners, a reshuffle took place in which Mr. DJAJADY PANDJIWIDJAJA who served as the Independent Commissioner of the Company resigned and was replaced by Mr. RIO TINTO SIRAIT. In addition, the Independent Director of the Company, Mr. ERIC EFFENDY, resigned from his.

The following is the composition of the Company’s Board of Commissioners and Directors:

BOARD OF COMMISSIONERS:

President Commissioner         : JAMES FREDERICK KUMALA;

Commissioner                            : YULI DWI KUSMADI;

Independent Commissioner    : RIO TINTO SIRAIT;

BOARD OF DIRECTORS:

President Director                   : ELFI DARLIS;

Director                                      : JOSE FRANCIS B ACANTILADO.