Quorum, Voting Rights and Decisions
1
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d. The second GMOS is legitimate and may take a decision if in the GMOS at least 50 fifty percent of the total shares with voting
rights are present or represented, unless the Articles of Association determine otherwise.
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e. In the case that the second GMOS does not reach a quorum, the Company can propose to the Chairman of the District Court of the
Company domicile at the request of the Company in order to set the quorum for the third GMOS.
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f. The calling of third GMOS should mention that the second GMOS
has been held and did not reach a quorum, and the third GMOS will be held with the quorum which has been set by the chairman of the
Court.
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g. The second and third GMOS are performed within a period of at least 7 seven days before the second or third GMOS is held.
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h. The second and third GMOS are held in the period of 10 ten days and no later than 21 twenty one days after the date preceding the
GMOS held.
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i. Shareholders, either on their own or represented based on a power
of attorney, are entitled to attend the GMOS and use their voting rights in accordance with the number of shares they own.
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j. Chairman of the Meeting has the right to request that a power of
attorney to represent the shareholder is presented to him in the meeting.
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k. In the meeting, each share gives the right to its owner to issue 1 one vote.
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l. A voting regarding a self person is conducted with a sealed letter
and regarding other matters can be expressed verbally, unless the Chairman of the Meeting determines otherwise without any
objection from the Shareholders who are present in the Meeting.
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m. All decisions are taken based on consensus.
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n. In the event that there is no decision based on consensus is reached, the decision is legitimate if it is approved by more than ½
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.d
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.e
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.f
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.g
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.h
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 2
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 3
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 4
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 5
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 6
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CHAPTER I
INTRODUCTION
CHAPTER II
BOARD OF DIRECT
ORS BOD
CHAPTER III
BOARD OF COMISSIONERS BOC
CHAPTER IV
ACTIVITY AMONG COMP
ANY’S ORGAN
CHAPTER V
CLOSING
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half of the number of votes issued, unless the Articles of Association determines otherwise, provided that, a voting regarding
a self person is conducted with a sealed letter that is not signed.
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o. In the event that there are more than two alternative proposals and the results of voting have not resulted an alternative with more than
½ half of the number of votes issued, then the re-election is conducted on the two alternative proposals which gain more than ½
half of the total number of votes.
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p. Blank or invalid ballots are considered non-exist and not counted in determining the number of votes in the GMOS.
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q. Shareholders can also take legitimate decisions without convening the GMOS physically, provided that all Shareholders have been
notified in writing and all shareholders have approved the proposal, which is submitted in writing, and signed the approval. The
decisions taken in such manner, have the same power as a legitimate decision taken by the GMOS.
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