Jul 5, 2022

Annual General Meeting of Shareholders of PT Natura City Developments Tbk (CITY) 2022



On Tuesday, 28 June 2022, at Neo Green Savana Hotel, Sentul City, Bogor, CITY (the Company) held the Annual General Meeting of Shareholders. The meeting was attended by the President Director of the Company, Mr. Elfi Darlis, the Director of the Company, Mr. Jose Francis, Mr. Yuli Dwi Kusmadi as the Commissioner of the Company, Mr. Rio Tinto Sirait as the Independent Commissioner of the Company, the shareholders and/or proxies of the shareholders of the Company as well as several invited guests.
This year’s GMS is held in 2 (two) ways, namely offline or online or online, where shareholders who are unable to attend can cast their votes in the meeting through a power of attorney granted to the Company’s Securities Administration Bureau. Shareholders are also given the convenience of being able to follow the agenda of the meeting online or online.
Based on the list of shareholders, the number of shares that were present or represented at the meeting was 80.87% of the total shares issued by the Company.
The results of the decisions on the agenda of the meeting include the ratification of the Annual Report and Financial Statements, balance sheets and calculation of profit and loss for the financial year ending on December 31, 2021; Approval for the use of the Company’s net profit; Approval of the granting of authority and power to the Board of Commissioners to determine the salary/honorarium for members of the Board of Commissioners and members of the Board of Directors of the Company for the fiscal year 2022; and Approval to delegate the authority to appoint a Public Accountant and determine the honorarium for the Public Accountant who will audit the Company’s financial statements on December 31, 2022.
In the report submitted by the Board of Commissioners and Board of Directors that the Company did not take any corporate action throughout 2021, however, with the conversion of warrants, there was an increase in the number of outstanding shares until December 31, 2021, which was recorded at 5,405,188,966 shares. In the Meeting it was also stated that the Company is currently building a Club House, this construction will begin in November 2021 and will be completed in 2022. Facilities that will be available at this Club House include: swimming pools for adults and children, fitness / gymnastics room, cafe, and others.

Previously, the Company has added several units of children’s toys at the Children’s Playground, precisely in Natura Green Park, which is located between the Fidelia Cluster and Gardenia Cluster, and is also being prepared for Children Palygorund in the Edelweiss, Fidelia and Gardenia Clusters. The Company has also completed building a Basketball and Futsal Court which is located in a commercial location adjacent to the Club House. In addition to the construction of basketball and futsal courts, the Company has also completed building a mini soccer grass field. The Company has also built a jogging track extension located in the Natura River Valley Cluster and is currently being built a Jogging Track located in the Gardenia Cluster. In addition, other facilities that can be used by residents are a prayer room named Baiturrahman, Fresh Market, as well as a franchise store or Alfamart.

Several of the Company’s Corporate Social Responsibility activities carried out throughout 2021, namely holding Covid-19 vaccination activities in the Serpong Natura City Housing area in order to assist the government in the success of the Covid-19 vaccination program. This activity is general in nature, so people who have not received the Covid-19 vaccine can register themselves. This activity was held on 21-22 October 2021. The Company also participated and actively participated in celebrating Eid al-Adha 1442 H with the local community, the Company provided assistance in the form of sacrificial animals.