deed no 5 dated 2 oct 2015
RESTATED RESOLUTIONS OF EXTRAORDINARY GENERAL MEETING OF
SHAREHOLDERS OF PT BANK PANIN SYARIAH Tbk.
Number: 5
-On t h i s Friday, 02-10-2015 (second o f October, two thousand f i f t e e n ) .
A t 16.10 ( t e n p a s t s i x t e e n ) l o c a l t i m e .
Appeared b e f o r e me, FATHIAH
J a k a r t a , i n t h e presence
HELMI,
Sarjana
Hukum, N o t a r y i n
o f w i t n e s s e s t o be named a t t h e end
p a r t hereof:
1.
Mrs. DENY HENDRAWATI, Sarjana Hukum, b o r n i n W o n o g i r i , on
05-02-1966
(fifth
o f February,
sixty
s i x ) , President Director
Tbk.,
Indonesian c i t i z e n ,
Agraria
No. 158, Rukun
one thousand
nine
hundred
o f PT Bank Panin
Syariah
residing
Tetangga
Duren Sawit V i l l a g e , Duren Sawit
the
holder
3175074502660002,
of
i n J a k a r t a Timur, Kav
002, Rukun
Sub-district;
Resident
valid
until
Warga 016,
Identity
05-02-2017
Card
(five
No.
February
two thousand s e v e n t e e n ) ;
2.
Mr.
BUDI
(twelfth
born
i n Yogyakarta,
o f March, one thousand
Director
of
citizen,
AE
PRAKOSO,
PT
residing
12/11,
Rukun
Bank
Panin
holder
3175071203620012,
Syariah
of
sixty two),
Tbk., I n d o n e s i a n
Warga
Permai
013, Pondok
Sub-district;
Resident
valid
12-03-1962
Pondok Kelapa
004, Rukun
Kelapa V i l l a g e , Duren Sawit
-the
n i n e hundred
i n J a k a r t a Timur,
Tetangga
on
until
March, two thousand s e v e n t e e n ) ;
Identity
12-03-2017
Card
(twelfth
No.
-
according t o t h e i r
their
respective
representing
power
vested
Shareholders
which
for
and on
liability
i n this
case a r e a c t i n g i n
as above-mentioned,
of Directors,
i n them
and a c t i n g
by E x t r a o r d i n a r y
by me.
Notary,
two thousand
General
fifteen),
of Extraordinary
of
BANK
company, h a v i n g
PANIN
Meeting o f
02-10-2015
o f and t h e r e f o r e
General
SYARIAH
of a
t h e minutes o f
No. 3, d a t e d
behalf
PT
as such a r e
by v i r t u e
o f PT BANK PANIN SYARIAH Tbk.,
head o f f i c e
Meeting
Tbk., a
of
limited
i t s d o m i c i l e i n J a k a r t a B a r a t and
a t Gedung Panin L i f e
Center
3^^^ F l o o r ,
J e n d e r a l S. Parman K a v e l i n g 9 1 , J a k a r t a B a r a t
Letnan
the
Board
o f October,
Shareholders
its
capacities
i s created
(second
statement,
Jalan
11420,
a r t i c l e s o f a s s o c i a t i o n are s e t f o r t h i n t h e deed No. 12,
d a t e d 08-01-1972 ( e i g h t h o f January, one thousand n i n e hundred
seventy
(third
amended by deed No. 5, d a t e d
two), then
o f October,
one thousand
nine
deed No. 1 , d a t e d 01-02-1979 ( f i r s t
nine
hundred
seventy
( t h i r t i e t h o f August,
all
o f them
were
nine),
hundred
03-10-1972
seventy
two),
o f February, one thousand
deed
No. 28, d a t e d
30-08-1979
one thousand n i n e hundred seventy n i n e ) ,
drawn
up b e f o r e
Moeslim
Dalidd,
Sarjana
Hukum, a t t h a t t i m e was N o t a r y i n Malang, and approved by t h e
Minister
of Justice
o f t h e Republic
D e c i s i o n d a t e d 11-12-1979
o f Indonesia
by h i s
( e l e v e n t h o f December, one thousand
n i n e hundred seventy n i n e ) No. YA.5/284/4, and r e g i s t e r e d w i t h
the
D i s t r i c t Court o f Malang on 03-07-1980 ( t h i r d o f J u l y ,
thousand
nine
hundred
eighty),
under
209/PP/P.N.MIg/Vll/1980.
repetitively
been
Such
articles
of
two
thousand
thirteen).
and
approved
by t h e M i n i s t e r o f Law
of
No.
Indonesia
June, two thousand
( n i n e t e e n t h o f June,
74, drawn up b e f o r e me.
by
thirteen),
Notary,
and Human R i g h t s o f t h e
his
2013, d a t e d
34775.AH.01.02.years
Decision
26-06-2013
No.
and t h e n o t i f i c a t i o n
A d m i n i s t r a t i o n System o f M i n i s t r y o f Law
R e p u b l i c o f I n d o n e s i a d a t e d 16-07-2013
AHU-
(twenty s i x t h
has been r e c e i v e d and r e c o r d e d i n t h e database
the
have
amended, and amendment t o a l l o f them i s
e f f e c t u a t e d by t h e deed d a t e d 19-06-2013
Republic
association
of
of
which
o f Legal E n t i t y
and Human R i g h t s o f
(sixteenth of July,
two thousand t h i r t e e n ) No. AHU-AH.01.10-29054.
L a s t l y amended by t h e deed No. 2, d a t e d 02-10-2015
October,
two thousand
fifteen),
and
the n o t i f i c a t i o n
o f which
in
t h e database
Legal
of
(second o f
drawn up b e f o r e me.
Notary,
has been r e c e i v e d and r e c o r d e d
Entity
Administration
System
of
M i n i s t r y o f Law and Human R i g h t s o f t h e R e p u b l i c o f I n d o n e s i a
under
No.
AHU-AH-01.03-0969264,
October, two thousand
dated
02-10-2015
(second
of
fifteen).
- The l a t e s t change i n t h e s t r u c t u r e o f Board o f D i r e c t o r s and
Board o f Commissioners o f t h e Company i s s e t f o r t h i n t h e deed
No. 75, d a t e d 24-04-2015
fifteen),
drawn
up
( t w e n t y f o u r t h o f A p r i l , two thousand
before
Aryanti
Artisari,
Sarjana
Hukum,
Magister Kenotariatan, Notary i n Jakarta, the n o t i f i c a t i o n o f
which has been r e c e i v e d and r e c o r d e d i n t h e database
Entity
Administration
System
of Ministry
o f Law
o f Le
and
Rights
o f t h e R e p u b l i c o f I n d o n e s i a under
0929303,
dated
04-05-2015
(fourth
of
No.
AHU-AH.01.03-
May,
two
thousand
fifteen).
- PT BANK PANIN SYARIAH Tbk. s h a l l be h e r e i n a f t e r r e f e r r e d t o
as "Company".
- The Appearers
state
that
a c t i n g i n t h e i r c a p a c i t i e s as
they
hereby
warrant
the
above-mentioned
accuracy
of
their
i d e n t i t i e s as p e r t h e i d e n t i t y cards p r e s e n t e d t o me. N o t a r y ,
and
will
be
fully
r e s p o n s i b l e f o r such
matter,
and t h e
Appearers s t a t e as f o l l o w s :
A.
That
on t h i s
Friday,
02-10-2015
(second
o f October, two
thousand f i f t e e n ) ,
a t Panin Bank B u i l d i n g 4^*^ F l o o r , J a l a n
Jenderal
-
Sudirman
Senayan,
Jakarta
10270,
there
was
convened an E x t r a o r d i n a r y General Meeting o f Shareholders
o f t h e Company ( h e r e i n a f t e r r e f e r r e d t o as " M e e t i n g " ) , t h e
minutes o f which was drawn up b e f o r e me. N o t a r y , under No.
2,
dated
02-10-2015
(second
o f October,
two
thousand
fifteen
B.
That
i n o r d e r t o comply
with Regulation o f the Financial
S e r v i c e s A u t h o r i t y No. 32/POJK.04/2014 c o n c e r n i n g Plan and
Conduct
o f General
Meeting
o f Shareholders
Company
("POJK No.
3 2 " ) , t h e Company
has
of
Public
submitted a
n o t i c e t o t h e OJK o f such Meeting p l a n by i t s L e t t e r No.
142/DIR/OJK/15,
dated
two thousand f i f t e e n ) .
18-08-2015
(eighteenth
of
August,
/feiW
Nai765/2006,
C.
That i n o r d e r
paragraph
notice
t o comply w i t h t h e p r o v i s i o n s o f A r t i c l e 15
1 o f t h e Company's
o f t h e Meeting
articles
was a d v e r t i s e d
newspapers, namely "Media I n d o n e s i a "
on
26-08-2015
(twenty
sixth
o f association,
in 2
(two) d a i l y
and " I n v e s t o r D a i l y " ,
o f August,
two thousand
fifteen).
D.
That i n o r d e r
paragraph
notice
t o comply w i t h t h e p r o v i s i o n s o f A r t i c l e 15
2 o f t h e Company's
o f t h e Meeting
articles
was a d v e r t i s e d
newspapers, namely "Media I n d o n e s i a "
on
10-09-2015
(tenth
of association,
in 2
(two) d a i l y
and " I n v e s t o r D a i l y " ,
o f September, two thousand
fifteen)
t h a t r e a d as f o l l o w s :
PT BANK PANIN SYARIAH Tbk .
("COMPANY")
NOTICE OF
EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
The
Company's Board o f D i r e c t o r s hereby i n v i t e s
shareholders
t o attend
an E x t r a o r d i n a r y
t h e Company's
General
Meeting o f
Shareholders ("Meeting") o f t h e Company t o be h e l d :
On
: F r i d a y , 2 October, 2015
At
: 15.00 WIB - done
Venue
: Panin
Bank
Buitding
Lantai
4,
Jalan
Jenderal
Sudirman - Senayan, J a k a r t a 10270.
W i t h agendas as f o l l o w s :
1.
Amendments t o t h e Company's a r t i c l e s
to,
among o t h e r s ,
o f association
comply w i t h R e g u l a t i o n
of the F i
S e r v i c e s A u t h o r i t y No.32/POJK.04/2014 c o n c e r n i n g Plan and
Conduct
o f General
Company
("POJK No.32") and No.33/POJK.04/2014
Board o f D i r e c t o r s
Public
the
2.
Company
Meeting
o f Shareholders
o f Public
concerning
and Board o f Commissioners I s s u e r o r
("POJK No.33"),
and r e s t r u c t u r i n g
ofa l l
p r o v i s i o n s o f t h e Company's a r t i c l e s o f a s s o c i a t i o n .
Change o f t h e Company's management.
Notes:
1.
The Company does n o t send
an i n d i v i d u a l
notices t o the
s h a r e h o l d e r s , so t h i s N o t i c e i s o f f i c i a l t o t h e Company's
shareholders.
2.
According
to Article
19 o f POJK No. 32, those
who a r e
e n t i t l e d t o a t t e n d / r e p r e s e n t and c a s t v o t e s a t t h e Meeting
shall
be t h e s h a r e h o l d e r s whose names a r e l i s t e d
Company's
Shareholders
Register
or
the
i n the
owners
of
s e c u r i t i e s account balance a t t h e C o l l e c t i v e Custody o f PT
Kustodian
S e n t r a l Efek
I n d o n e s i a as o f 9 September, 2015
u n t i l 16.00 l o c a l t i m e .
3.
a.
The Company's
Meeting
can
shareholders
be
that
represented
by
a r e absent
their
at the
proxies
by
p r o v i d i n g Power o f A t t o r n e y , p r o v i d e d t h a t members o f
Board o f D i r e c t o r s , members o f Board o f Commissioners
andyxwvutsrqponmlihgfedcbaTSQONMLIGDCBA
employees o f t h e Company may a c t a s p r o x i e s
Meeting,
but their
votes
counted i n t h e v o t i n g .
as p r o x i e s
shall
at the
n o t be
b.
Power o f A t t o r n e y f o r m i s a v a i l a b l e d u r i n g t h e w o r k i n g
hours
a t t h e S e c u r i t i e s A d m i n i s t r a t i o n Bureau ("BAE")
O f f i c e o f t h e Company:
PT Blue Chip M u l i a , Gedung Tempo P a v i l i o n I L t . 8
J l . HR.
Rasuna S a i d Kav.
10-11, J a k a r t a 12950
Phone 021-5201928, 5201983, 5201989.
c.
The
the
completed
BAE
latest
of
3
Power o f A t t o r n e y s h a l l
at
the
(three)
above-mentioned
working
days
be
r e c e i v e d by
address
before
date
at
the
of
the
Meeting.
4.
Shareholders o r t h e i r p r o x i e s who
will
a t t e n d t h e Meeting
s h a l l p r o v i d e c o p i e s o f t h e i r v a l i d i d e n t i t y cards t o t h e
registration
official
before
Shareholders
in
Collective
Written
the
Confirmation
for
entering
the
Custody
Meeting
Meeting
shall
(KTUR)
room.
show
that
a
can
be
o b t a i n e d t h r o u g h Members o f t h e Exchange o r t h e Custodian
Bank.
5.
Shareholders
complete
i n the form o f Legal E n t i t y
copy
of a r t i c l e s
shall
of association,
provide a
including
the
l a t e s t s t r u c t u r e o f management.
6.
According t o a r t i c l e
15
o f t h e POJK No.
32,
hardcopy
of
the
Meeting m a t e r i a l s are a v a i l a b l e and can be o b t a i n e d a t
the
Company's head o f f i c e
written
version
during
t h e w o r k i n g hours
r e q u e s t o f t h e Shareholders
can
be
downloaded
at
and
the
at a
copy o f s o f t c o p y
Company's
websi
(www.paninsyariah.co.id) as o f date o f t h e Meeting
notice
u n t i l o f d a t e o f t h e Meeting.
7.
To
ease
t h e arrangement
shareholders
or t h e i r
and
proxies
order
shall
of
t h e Meeting,
be p r e s e n t
at the
Meeting room a t t h e l a t e s t a t 14.30 WIB.
J a k a r t a , 10 September, 2015
Board o f D i r e c t o r s
that
and
a sheet o f each newspaper t h a t
invitation
drawn
up
c o n t a i n s such
i s a t t a c h e d t o t h e minutes
before
me.
Notary,
No.
3,
notice
o f t h e deed
dated
02-10-2015
(second o f October, two thousand f i f t e e n ) .
E.
That a c c o r d i n g t o t h e Company's Shareholders R e g i s t e r as
of
09-09-2015
issued
by
(ninth
PT
o f September, two thousand
Blue
Administration
Bureau
shares
by
issued
Chip
Mulia
fifteen)
as
the
Securities
o f t h e Company,
total
number o f
t h e Company
i s 9.853.109.900
(nine
b i l l i o n e i g h t hundred f i f t y t h r e e m i l l i o n one hundred n i n e
thousand n i n e hundred) shares.
F.
That
according t o c a l c u l a t i o n
conducted
by
Administration
and/or
PT
Blue
Bureau
represented
8.560.908.116
(eight
o f t h e attendance
Chip
Mulia
as
the
quorum
Securities
o f t h e Company, t h e r e were p r e s e n t
at
the
billion
Meeting
five
a
hundred
number
sixty
of
million
n i n e hundred e i g h t thousand one hundred s i x t e e n ) shares o r
about
86,88%
(eighty
s i x point
total
number
o f shares
having
eighty
valid
eight
percentLj-^^^
voting pre
Rights
by
paragraph
the
the
Company,
so
according
to
l . a o f t h e Company's a r t i c l e s
Article
16
of association,
Meeting was l e g i t i m a t e and e n t i t l e d t o adopt v a l i d and
binding resolutions.
G.
That
t h e Appearers
mentioned
acting
i n their
capacities
as above-
i s g i v e n a power as s e t o u t i n t h e deed drawn
paragraph b e f o r e me. N o t a r y , No. 3, d a t e d 02-10-2015 (two
October,
two thousand
fifteen)
t o restate
resolution of
the Meeting's second agenda.
- Now, t h e r e f o r e ,
acting
i n their
Meeting
i n respect o f the foregoing,
capacities
i n i t s second
t h e Appearers
as a f o r e m e n t i o n e d s t a t e
agenda
has unanimously
that the
resolved
as
follow:
1.
Agreed
t h e amendments t o a r t i c l e s
i n order
Company
to
comply
of association
with
Regulation
of the
of the
F i n a n c i a l S e r v i c e s A u t h o r i t y No.32/POJK.04/2014 c o n c e r n i n g
Plan
and Conduct
Public
o f General
Meeting
o f Shareholders o f
Company and R e g u l a t i o n o f t h e F i n a n c i a l
Services
A u t h o r i t y No.33/POJK.04/2014 c o n c e r n i n g Board o f D i r e c t o r s
and Board o f Commissioners
2.
Agreed
the
t o restructure
Company
Company's
as
o f I s s u e r o r P u b l i c Company.
a l l the articles
contemplated
articles
i n point
of association
shall
of association of
1
above,
be
so t h e yxwvutsrqp
subsequently
r e a d as s e t f o r t h i n t h e Attachment t o t h e Meeting Minutes
and s h a l l form an i n t e g r a l p a r t o f t h e Meeting Minutes ./7r;;«;
3.
Agreed t o g i v e a power w i t h s u b s t i t u t i o n r i g h t t o Board o f
Directors
o f t h e Company t o t a k e any a c t i o n s
necessary i n
r e l a t i o n t o such r e s o l u t i o n , i n c l u d i n g b u t n o t l i m i t e d t o
perfect
o r t o amend t h e a r t i c l e s o f a s s o c i a t i o n
restate
a l l
separate
and
t h e amended
a r t i c l e s of association
n o t a r i a l deed, and t o a p p l y
provide n o t i f i c a t i o n
and t o
of this
f o r approval
in a
from,
change t o , t h e M i n i s t e r
o f Law and Human R i g h t s o f t h e R e p u b l i c o f I n d o n e s i a , as
w e l l as t o t a k e any a c t i o n s
necessary w i t h r e s p e c t ' t h e r e t o
i n compliance w i t h t h e a p p l i c a b l e
laws and r e g u l a t i o n s .
- I n r e l a t i o n t o t h e amendments t o a l l a r t i c l e s o f a s s o c i a t i o n
that
have been agreed
i n accordance w i t h
attachment
t o the
Meeting M i n u t e s , t h e Appearers s t a t e t h a t t h e amended a r t i c l e s
are:
- A r t i c l e 4 paragraphs 4 - 8 ;
- A r t i c l e s 5 - 29;
Consequently, a l l t h e a r t i c l e s o f a s s o c i a t i o n
o f t h e Company
s h a l l read as f o l l o w s :
NAME AND DOMICILE
Article 1
1. T h i s Company i s named: PT BANK PANIN SYARIAH Tbk., h a v i n g
its
domicile
i n Jakarta Barat
( h e r e i n a f t e r r e f e r r e d t o as yxwvutsrqpo
"Company").
2.
The Company may
inside
or
open
outside
branch
and r e p r e s e n t a t i v e
the t e r r i t o r y
of
the
offices
Republic
Indonesia
as
determined
by
Board
of
Directors
upon
a p p r o v a l o f Board o f Commissioners.
TERM OF ESTABLISHMENT
Article 2
The
from
Company i s e s t a b l i s h e d f o r an i n d e f i n i t e t e r m , commencing
t h e day on which
namely
11-12-1979
t h e company becomes a l e g a l
(eleventh
o f December,
entity,
one thousand
nine
hundred seventy n i n e ) .
PURPOSES AND OBJECTIVES AS WELL AS BUSINESS ACTIVITIES
Article 3
1.
The Company's purposes
and o b j e c t i v e s are t o engage i n t h e
business o f s h a r i a b a n k i n g .
2.
To achieve
such
purposes
and o b j e c t i v e s
c a r r y o u t t h e f o l l o w i n g business
A.
t h e Company may
activities:
Primary:
s h a r i a p u b l i c bank
financing
temporary c a p i t a l p a r t i c i p a t i o n
fund
raising
i n t h e form
o f demand
deposit,
savings o r o t h e r forms
fund
raising
i n t h e form
o f deposit investment,
s a v i n g s , o r o t h e r forms
p r o f i t s sharing financing
financing d i s t r i b u t i o n
f i n a n c i n g f o r t a n g i b l e o r i n t a n g i b l e assets l e a s e r
debt t a k e o v e r underywvutsrponmlkhfedbaXLIH
hawalah or any o t h e r forms o f
contract
which a r e n o t c o n t r a d i c t i v e
t o t h e Sharia
principles
business o f d e b i t
and/or f i n a n c i n g
cards under t h e
Sharia p r i n c i p l e s
purchase, s a l e ,
o r pledge a t i t s own r i s k
of t h i r d
p a r t i e s ' commercial papers
-
purchase
of
commercial
papers
under
t h e Sharia
principles
o f payment f r o m c o l l e c t i o n over commercial
receipt
papers
conduct o f c u s t o d y f o r t h i r d p a r t i e s '
provision
interest
o f p l a c e f o r commercial goods and papers
under t h e S h a r i a p r i n c i p l e s
transfer
o f money, b o t h f o r i t s own and customers
interest
t o p e r f o r m as a t r u s t e e under hawalah
provision
of l e t t e r
of credit
contract
o r guarantee
under
the Sharia p r i n c i p l e s
other
activities
reasonably performed i n banking
business
B.
To
support i t s primary businesses,
t h e Company
may
carry out t h e f o l l o w i n g business a c t i v i t i e s :
a.
t o buy c o l l a t e r a l ,
auction
i n case
a whole
a customer
or a part,
fails
to
through
fulfill
obligations
to
the
Company,
provided
c o l l a t e r a l s h a l l be w i t h d r a w n w i t h o u t
to
carry
out
factoring
and
that
such
delay.
financing
business
activities.
to
be
the
pension
fund
applicable
organizer
laws
and
in
compliance
regulations,
with
either
as
founder o f employer p e n s i o n f u n d or founder and/or
subscriber of f i n a n c i a l i n s t i t u t i o n pension fund,
to
perform
activities
o fywvutsrponmlkhfedbaXLIH
mudharabah/musyarakah
c a p i t a l p a r t i c i p a t i o n a t banks or
i n f i e l d of finance,
company,
well
as
clearing
compliance
relevant
to
with
lease/ijarah, venture c a p i t a l
and
Depository
o t h e r companies
guarantee
and
the
institution,
as
institution
in
Settlement
rules
stipulated
by
the
participation
for
institutions.
do
temporary
settlement
of
capital
non-performing
contract,
mudharabah/musyarakah
loans
under
including
default
payment under t h e S h a r i a p r i n c i p l e s , p r o v i d e d t h a t
it
the
must redraw i t s p a r t i c i p a t i o n as
stipulated
by
o t h e r businesses r e l a t e d d i r e c t l y
or
OJK.
to carry
out
indirectly
to
the
objectives
which
p r e v a i l i n g laws and
abovementioned
are
not
purposes
contradictive
regulations.
to
and
the
CAPITAL
Article 4
Company's
The
authorized
capital
amounts
to
Rp.
3.900.000.000.000,00
(three t r i l l i o n
n i n e hundred b i l l i o n
Rupiah)
39.000.000.000
( t h i r t y nine b i l l i o n )
divided into
shares
h a v i n g nominal v a l u e o f Rp.
Rupiah)
Of
100,00
(one hundred
each.
such
authorized
9.853.109.900
million
one
having
a
(nine
(nine
billion
hundred
total
hundred
million
capital,
nine
nominal
eighty
nine
i t have
eight
hundred
thousand
hundred
fifty
three
billion
shares
985.310.990.000,00
three
ninety
thousand
will
be mentioned
s h a r e h o l d e r s whose d e t a i l s
subscribed
n i n e hundred)
v a l u e o f Rp.
five
been
hundred
ten
Rupiah)
by
a t t h e end
part hereof.
100%
(one hundred p e r c e n t ) o f nominal v a l u e o f each
t h a t has been s u b s c r i b e d as mentioned above,
Rp.
985.310.990.000,00
three
hundred
Rupiah)
(nine
ten million
hundred
nine
eighty
hundred
share
or i n t o t a l
five b i l l i o n
ninety
thousand
has been p a i d by t h e Company's s h a r e h o l d e r s w i t h
d e t a i l s as f o l l o w s :
a.
Rp.
975.000.000.000,00
(nine
hundred
seventy
five
b i l l i o n R u p i a h ) , t h eyxwvutsrqponmlihgfedcbaTSQONMLIGDCBA
d e t a i l s o f which a r e s e t f o r t h i n
the
deed
No.
7, d a t e d 05-02-2014
two
thousand
and
the n o t i f i c a t i o n
fourteen),
drawn
thereof
(fifth
up b e f o r e
has
been
o f February,
me,
Nota
receive
recorded
in
the
Administration
Rights
database
System
of
of Ministry
Legal
o f Law and Human
o f t h e R e p u b l i c o f I n d o n e s i a under
AH. 01 . 10-06009,
dated
Entity
21-04-2014
No. AHU-
(twenty
first
of
February, two thousand f o u r t e e n ) .
b.
Rp. 10.310.990.000,00
million
(ten b i l l i o n
n i n e hundred n i n e t y
constituting
a result
three
hundred t e n
thousand Rupiah)
i n cash
o f implementation o f S e r i a l
I
Warrant.
C a p i t a l payment:
a.
I n t h e f o r m o f cash:
Payment
f o r share
capital
made i n t h e f o r m o f cash
s h a l l be evidenced by a v a l i d
evidence o f payment t o
t h e Company's t r e a s u r y o r bank account.
b.
Payment
tangible
f o r shares
i n other
or intangible
forms t h a n cash,
property,
shall
either
be s u b j e c t t o
t h e f o l l o w i n g terms:
(1) such p r o p e r t y s h a l l be announced t o p u b l i c a t t h e
t i m e o f n o t i c e o f "GMS" on such payment;
(2) such
property
registered
with
shall
be v a l u e d by an A p p r a i s e r
the Financial
Services A u t h o r i t y
and s h a l l n o t be p l e d g e d f o r a n y t h i n g ;
(3)yxwvutsrqponmlihgfedcbaTSQONMLIGDCBA
i t shall
obtain
approval
of
attendance
quorum
as
f o r GMS
GMS
with
the
on amendments t o
a r t i c l e s of association;
,NCr 1765/2006
(4) i f such p r o p e r t y i s i n t h e f o r m o f s t o c k l i s t e d i n
the
Stock Exchange, i t s p r i c e s h a l l be d e t e r m i n e d
a t a f a i r market v a l u e ; and
(5) i f t h e payment comes f r o m r e t a i n e d e a r n i n g s , a g i o
s t o c k s , n e t p r o f i t s o f t h e Company, and/or i t s own
c a p i t a l element, t h e n such r e t a i n e d e a r n i n g s , a g i o
stocks,
be
net p r o f i t s
stated
in
and/or
the
i t s own c a p i t a l
latest
annual
shall
financial
statements t h a t have been a u d i t e d by a a c c o u n t a n t
registered
at a f a i r
c.
GMS
with
approval o f a p u b l i c
a maximum
public
and
Commissioners
Services A u t h o r i t y
opinion.
t o decide
decide
the Financial
number
shall
give
o f shares
a
offering
shall
t o be i s s u e d t o
power
to
Board
of
t o s t a t e r e a l i z a t i o n o f number o f shares
i s s u e d i n such p u b l i c o f f e r i n g .
Shares
i n portfolio will
be i s s u e d by t h e Company
upon
a p p r o v a l o f GMS under terms and a t p r i c e s d e c i d e d by Board
of
D i r e c t o r s w i t h a p p r o v a l o f Board o f Commissioners,
and
such p r i c e s s h a l l n o t below t h e nominal v a l u e . Issuance o f
such
laws
shares
and
regulations
shall
observe
regulations
on
o f t h e Stock
the provisions
capital
Exchange
shares a r e l i s t e d .
Issuance o f Equity-Type S e c u r i t i e s :
h e r e o f and t h e
market,
where
as
well
as
t h e Company's
a.
Any c a p i t a l
i n c r e a s e t h r o u g h issuance o f Equity-Type
S e c u r i t i e s by mean o f s u b s c r i p t i o n s h a l l be conducted
by
giving
t h e Preemptive
Rights
("HMETD") t o
s h a r e h o l d e r s whose names a r e l i s t e d
the
i n t h e Company's
Shareholders R e g i s t e r on a d a t e d e s i g n a t e d by GMS t h a t
approves
such issuance o f Equity-Type S e c u r i t i e s i n a
number e q u a l t o t h e number o f shares
listed
that
have been
i n t h e Company's Shareholders R e g i s t e r i n t h e
name o f s h a r e h o l d e r s on such d a t e .
b.
Equity-Type S e c u r i t i e s w i t h o u t g i v i n g t h e HMETD t o t h e
shareholders
may be conducted
i n case
issuance o f
shares:
(1) i s aimed t o t h e Company's employees;
(2)
i s aimed
securities
t o t h e holders
which
o f bond
are convertible
or
other
t o shares
upon
a p p r o v a l o f GMS;
(3) i s p e r f o r m e d
i n t h e framework
o f reorganization
and/or r e s t r u c t u r i n g approved by GMS and/or
(4) i s made i n compliance w i t h r e g u l a t i o n s on c a p i t a l
market
that
allow
the capital
increase
without
HMETD. c.
HMETD s h a l l be a s s i g n a b l e and t r a d a b l e w i t h t h e t e r m
as
specified
i n t h e R e g u l a t i o n No. I X . D . l c o n c e r n i n g
Preemptive R i g h t s .
d.
Equity-Type S e c u r i t i e s t o be i s s u e d by t h e Company
are
n o t s u b s c r i b e d by h o l d e r s
o f HMETD sh;
a l l o c a t e d t o a l l s h a r e h o l d e r s who s u b s c r i b e a d d i t i o n a l
Equity-Type
subscribed
of
Securities,
Equity-Type
Equity-Type
however
i f number
Securities
Securities
exceeds t h e number
to
be
u n s u b s c r i b e d Equity-Type S e c u r i t i e s
in
proportion
t o number
of the
issued,
such
s h a l l be a l l o c a t e d
o f HMETD e x e r c i s e d
s h a r e h o l d e r who s u b s c r i b e s f o r a d d i t i o n a l
by each
Equity-Type
Securities.
e.
I f
there
is
unsubscribed
remaining
Equity-Type
Securities
by t h e s h a r e h o l d e r s as r e f e r r e d
sub-paragraph
d
above,
then
i f there
buyer, such Equity-Type S e c u r i t i e s
is a
to i n
standby
s h a l l be a l l o c a t e d
t o such standby buyer a t t h e same p r i c e and under same
conditions.
f.
Issuance
o f shares
securities
i n portfolio
convertible
t o shares
t o the holders o f
or securities
with
r i g h t s t o a c q u i r e shares may be conducted by Board o f
Directors
upon a p p r o v a l o f a p r e c e d i n g GMS which has
approved t h e issuance o f such shares.
g.
I n c r e a s e i n paid-up c a p i t a l s h a l l be e f f e c t i v e a f t e r
payment
has been made, and t h e i s s u e d shares
contain
rights
similar
having
same
without
prejudice
the
Minister
of Indonesia.
t o those
shall
c o n t a i n e d i n shares
c l a s s i f i c a t i o n issued
by
t h e Company,
t h e Company's o b l i g a t i o n t o n o t i f y
o f Law and Human R i g h t s o f t h e Republ4
Increase
a.
i n authorized c a p i t a l :
Increase
be
i n t h e Company's a u t h o r i z e d
made
by
resolution
o f GMS.
c a p i t a l may o n l y
Amendment t o t h e
a r t i c l e s o f association w i t h respect
t o change i n t h e
authorized
to
capital
shall
subject
approval
of
M i n i s t e r o f Law and Human R i g h t s .
b.
Increase
and
i n a u t h o r i z e d c a p i t a l which causes
paid-up c a p i t a l
percent)
t o be l e s s t h a n
o f the authorized
capital
subscribed
25% (twenty
five
may be made
only
if:
(1) approved by GMS convened f o r such purpose;
(2) approved by M i n i s t e r o f Law and Human R i g h t s ;
(3) made no l a t e r t h a n
6 ( s i x ) months o f a p p r o v a l by
M i n i s t e r o f Law and Human R i g h t s as r e f e r r e d t o i n
paragraph (2) above;
(4) i n event
capital
requirements
of
i t s articles
authorized
capital
requirements
Article
i n paid-up
as r e f e r r e d t o i n sub-paragraph
(3) above a r e n o t f u l l y met,
amend
increase
of
t h e Company s h a l l r e association,
and paid-up
so i t s
capital
meet t h e
paragraph
(1) and
(2) UUPT [ L i m i t e d
Liability
of Article
30 paragraph
f point
30
CompanyyxwvutsrqponmlihgfedcbaTSQONMLIGDCBA
Law], w i t h i n 2 (two) months a f t e r t h e t e r m
specified
i n Article
4 paragraph
(6.b)
p o i n t (3)
(5) A p p r o v a l o f GMS as r e f e r r e d t o i n p o i n t
shall
include
a p p r o v a l t o amend t h e a r t i c l e s o f
a s s o c i a t i o n as r e f e r r e d t o i n p o i n t
c.
Amendments
increase
(1) above
t o the articles
i n authorized
of
capital
(4) above;
association
shall
be
as t o
effective
a f t e r payment o f c a p i t a l which causes amount o f p a i d up c a p i t a l t o be a t l e a s t 25% ( t w e n t y f i v e p e r c e n t ) o f
authorized
other
capital
shares
and s h a l l
have t h e same r i g h t s t o
i s s u e d by t h e Company w i t h o u t
prejudice
t o t h e Company's o b l i g a t i o n s t o a p p l y f o r a p p r o v a l o f
such amendments t o t h e a r t i c l e s o f a s s o c i a t i o n by f r o m
M i n i s t e r o f Law and Human R i g h t s w i t h r e s p e c t t o such
i n c r e a s e i n paid-up c a p i t a l .
8.
The Company may
due
attention
repurchase t h e f u l l y
t o the applicable
paid
laws
shares h a v i n g
and
regulations,
e s p e c i a l l y c a p i t a l market r e g u l a t i o n .
SHARES
Article 5
1.
R e g i s t e r e d shares;
All
shares
shares
i s s u e d by
t h e Company
shall
be
registered
h a v i n g due observance o f t h e p r o v i s i o n s
articles
of association,
laws and r e g u l a t i o n s
o f these
on
capital
market, and r e g u l a t i o n s o f t h e Stock Exchange.
2.
The Company may i s s u e share w i t h o r w i t h o u t nominal v a l u e .
m i 765/2006,
Issuance o f share w i t h o u t nominal v a l u e s h a l l
be made i n
compliance w i t h t h e laws and r e g u l a t i o n s on c a p i t a l
market
and t h e Stock Exchange's r e g u l a t i o n s .
F r a c t i o n a l shares:
a.
I f 1
(one) share,
under
holding
written
f o r any reason
o f more
request
attention
regulations
1
falls
(one) persons,
at a
of the relevant
D i r e c t o r s may s p l i t
due
than
whatsoever,
persons.
Board o f
nominal v a l u e o f such share
to
the
on c a p i t a l
provisions
market
of
with
laws
and
and t h e Exchange
Efek
regulations;
b.
The h o l d e r o f t h e f r a c t i o n a l
share s h a l l n o t be g i v e n
an
unless others
individual
voting
right,
f r a c t i o n a l shares, e i t h e r i n d i v i d u a l l y
with
other
holders of f r a c t i o n a l
classification
share
or c o l l e c t i v e l y
shares
have nominal v a l u e o f 1
o f such
classification.
Such
holder of
h a v i n g same
(one) nominal
holders
of the
f r a c t i o n a l shares s h a l l a p p o i n t i n w r i t i n g one o f them
or o t h e r person as t h e i r c o l l e c t i v e
c.
The
holders
classification
of
fractional
as o t h e r
attorney.
shares
having
t h e same
holders o f f r a c t i o n a l
shares
whose share c l a s s i f i c a t i o n has t h e same nominal v a l u e
of
1yxwvutsrqponmlihgfedcbaTSQONMLIGDCBA
(one) nominal share o f such c l a s s i f i c a t i o n
have
t h e same r i g h t s
have
t h e shares
as t h e o t h e r
having
nominal
shall
s h a r e h o l d e r s who
value
of
1 (one
nominal
share
o f t h e same
classification
t o such
f r a c t i o n a l shares.
"zyxwvutsrponmlkjihgfedcbaXTSNIHEC
1•
,
/j
5. A l l I shares
i s s u e d by Company
can be pledged
a t t e n t i o n t o | t h e p r o v i s i o n s o f laws and
concerning
pledge
o f shares,
laws
and
i
•
•'
-
w i t h due
regulations
regulations
c o n c e r n i n g c a p i t a l market, and UUPT and i n compliance w i t h
regulations i n f i e l d
o f c a p i t a l market and t h e p r o v i s i o n s
o f t h e Stock Exchange.
6.
The Company
shall
only
recognize
one person
or
legal
e n t i t y as t h e h o l d e r o f a share, namely t h a t whose name i s
listed
as
t h e holder
o f the relevant
share
in
the
Shareholders R e g i s t e r , w i t h o u t p r e j u d i c e t o t h e p r o v i s i o n s
of
laws
UUPT
and r e g u l a t i o n s
and i n compliance
concerning c a p i t a l
with
regulations
market, and
i n field
of
c a p i t a l market and t h e p r o v i s i o n s o f t h e Stock Exchange.
7.
I f a share,
held
f o r any reason
by s e v e r a l
persons,
whatsoever,
then
those
i s collectively
collective
holders
I
I
•
must a p p o i n t a person among them o r any o t h e r person as
their
or
collective
attorney
a t t o r n e y , and o n l y such a p p o i n t e d person
i s e n t i t l e d t o exercise
the rights
g i v e n by
law on such share.
8. As l o n g as t h e p r o v i s i o n o f paragraph (5) o f t h i s paragraph
(7) I has n o t been
met, such
shareholders s h a l l
n o t be
e n t i t l e d t o c a s t v o t e a t GMS, and payment o f d i v i d e n f o r
sucti shares s h a l l be postponed.
9. A s h a r e h o l d e r s h a l l
Association
general
and
be a t law s u b j e c t t o t h e A r t i c l e s
t o a l l resolutions
meetings
of
shareholders
validly
as
well
adopted
as
of
at
t o the
p r e v a i l i n g laws and r e g u l a t i o n s .
SHARE CERTIFICATE
Article
1.
The Company may
6
i s s u e a share c e r t i f i c a t e
evidencing the
h o l d i n g o f 2 (two) o r more shares by a person.
2.
7.
A share c e r t i f i c a t e s h a l l a t l e a s t i n c l u d e :
a.
name and address o f s h a r e h o l d e r ;
b.
s e r i a l number o f share c e r t i f i c a t e ;
c.
nominal v a l u e o f share;
d.
date o f issuance o f share c e r t i f i c a t e ;
A collective
share c e r t i f i c a t e s h a l l
at least include:
a.
name and address o f s h a r e h o l d e r ;
b.
s e r i a l number o f c o l l e c t i v e
c.
serial
number
of
share
share
certificate;
certificate
and
niomber
of
share;
4.
d.
nominal v a l u e o f share;
e.
date o f issuance o f c o l l e c t i v e
f.
i d e n t i t y c a r d as s p e c i f i e d by Board o f D i r e c t o r s .
Any share c e r t i f i c a t e
and/or
convertible
and/or
bond
share c e r t i f i c a t e ;
collective
and/or
warrant
s e c u r i t i e s c o n v e r t i b l e t o share s h a l l
be g i v e n a s e r i a l
of
President
share
certificate
and/or
be p r i n t e d and
other
shall
number, issuance d a t e , and co-signatu:;:©-
Director
and
a
member
of
Commissioners who i s a p p o i n t e d by a Meeting o f Board o f
Commissioners, and such
share
and/or
certificate
signatures
and/or
convertible
can be p r i n t e d
collective
bond
and/or
share
warrant
on t h e
certificate
and/or
other
s e c u r i t i e s c o n v e r t i b l e t o share, w i t h due a t t e n t i o n t o t h e
laws and r e g u l a t i o n s on c a p i t a l
market.
DUPLICATE SHARE CERTIFICATE
Article 7
Damaged
share
certificate
and
collective
share
certificate:
a.
I f a share c e r t i f i c a t e
i s damaged, replacement can be
made i f :
1)
a person
who
replacement
submits
a written
o f such
share
has
received
application f o r
i s the holder
of the
share; and
2)
the
Company
the
damaged
share
d e s t r o y t h e damaged o r i g i n a l
share
certificate;
b.
The Company s h a l l
certificate
certificate
original
If
after
with
issuing
the
same
a
serial
substitute
number
share
as t h e
share c e r t i f i c a t e .
a share c e r t i f i c a t e
i s lost,
replacement
can be made
if:
a.
a person who a p p l i e s f o r replacement o f such share i s
the
h o l d e r o f t h e share;
b.
t h e Company has r e c e i v e d a p o l i c e
r e p o r t on t h e l o s s
o f such share c e r t i f i c a t e ;
c.
Party
who
applies
f o r replacement
o f such
share
p r o v i d e s a guarantee which i s a c c e p t a b l e t o Board o f
D i r e c t o r s ; and
d.
plan
the
o f issuance o f d u p l i c a t e
lost
share c e r t i f i c a t e
share
certificate f o r
i s announced i n t h e Stock
Exchange where t h e Company's shares a r e l i s t e d
within
no
before
later
than
14
(fourteen)
calendar
days
issuance o f t h e d u p l i c a t e share c e r t i f i c a t e .
3.
A l l expenses r e l a t e d
certificates
4.
share
s h a l l be borne by t h e p e r t i n e n t s h a r e h o l d e r .
The p r o v i s i o n s
this Article
of
t o t h e issuance o f d u p l i c a t e
c o n t e m p l a t e d i n paragraphs
1 , 2, and o f
s h a l l a p p l y m u t a t i s mutandis t o t h e issuance
the duplicate
collective
share c e r t i f i c a t e
or Equity-
Type S e c u r i t i e s .
COLLECTIVE CUSTODY
Article 8
1.
The p r o v i s i o n s
concerning
Collective
Custody
shall at
least include:
a.
shares
i n Collective
Settlement
Company's
Custody w i t h
Institution
Shareholders
shall
be
t h e D e p o s i t o r y and
recorded
i n the
R e g i s t e r i n t h e name o f
the
D e p o s i t o r y and S e t t l e m e n t I n s t i t u t i o n f o r i n t e r e s t f o r
interest
o f account
h o l d e r s a t t h e D e p o s i t o r y ajidn
Settlement I n s t i t u t i o n .
itnfsrs. srpnljigeaWTRQNKIA
I * l Qi(
"
.1765/2006>
shares
i n the Collective
Bank o r S e c u r i t i e s
account
shall
Custody
with
t h e Custodian
Company r e c o r d e d i n t h e s e c u r i t i e s
a t t h e D e p o s i t o r y and S e t t l e m e n t
be
recorded
Custodian
holders
i n t h e name
Bank o r S e c u r i t i e s
of
accounts
in
of
Institution
the
relevant
Company f o r i n t e r e s t o f
such
Custodian
Bank
or
S e c u r i t i e s Company;
if
shares i n t h e C o l l e c t i v e Custody w i t h t h e Custodian
Bank
form
Portfolio
a
part
in
Contract
and
Custody
with
of
the
t h e Mutual
form
are not
the
of
included
Register
Investment
i n the
Collective
and
Settlement
Depository
Shareholders
Securities
Collective
I n s t i t u t i o n , t h e Company s h a l l l i s t
Company's
Fund
such shares i n t h e
i n t h e name
of the
Custodian Bank f o r i n t e r e s t o f owners o f P a r t i c i p a t i o n
Units
of
Mutual
Fund
i n t h e form
of
Collective
Investment C o n t r a c t as a f o r e s a i d ;
The Company s h a l l i s s u e a c e r t i f i c a t e
letter
and
or
confirmation
t o t h e D e p o s i t o r y and S e t t l e m e n t
Institution
as r e f e r r e d
t o i n sub-paragraph
a above o r t h e
Custodian Bank as r e f e r r e d t o i n sub-paragraph
as
an
evidence
of
listing
in
the
c above
Company's
Shareholders R e g i s t e r ;
The
Company
shall
transfer
the
C o l l e c t i v e Custody t h a t a r e r e g i s t e r e d
the
Depository
and
Settlement
shares
i n the
i n t h e na
Institution
o^
Custodian
Bank
Collective
Investment
Shareholders
that
f o r Mutual
Fund
Contract
i n the
in
the
form
of
Company's
R e g i s t e r t o be i n t h e name o f t h e P a r t y
i s appointed
by
the relevant
Depository
S e t t l e m e n t I n s t i t u t i o n o r t h e Custodian
and
Bank;
A p p l i c a t i o n f o r t h e t r a n s f e r s h a l l be s u b m i t t e d by t h e
D e p o s i t o r y and S e t t l e m e n t I n s t i t u t i o n o r t h e Custodian
Bank t o t h e Company o r t h e S e c u r i t i e s A d m i n i s t r a t i o n
Bureau a p p o i n t e d by t h e Company;
The D e p o s i t o r y
and S e t t l e m e n t
I n s t i t u t i o n , t h e Custodian
Bank o r t h e S e c u r i t i e s Company s h a l l i s s u e a c o n f i r m a t i o n
l e t t e r t o t h e account h o l d e r s as an evidence
i n the securities
of recording
account;-
i n t h e C o l l e c t i v e Custody, each share o f t h e same t y p e and
classification
issued
by t h e Company s h a l l
be e q u a l and
c o n v e r t i b l e one t o a n o t h e r ;
The Company s h a l l
Collective
Custody
destroyed,
unless
provide v a l i d
the
true
refuse r e g i s t r a t i o n
i f t h e share
o f a share
certificate
i s lost
t h e P a r t y r e q u e s t i n g such t r a n s f e r
p r o o f and/or adequate guarantee
and l e g a l
t o the
shareholder
and t h e share
that
or
may
i t is
certificate
i s a c t u a l l y l o s t or destroyed.
The
Company must r e f u s e
Collective
Custody
registration
i f t h e share
o f a share
i s secured,
t o the
seized or
c o n f i s c a t e d under c o u r t o r d e r o r s e i z e d f o r c r i m i n a l c
investigation.
j.
The h o l d e r
entered
of Securities
i n the Collective
Account
whose
securities• are
Custody have t h e r i g h t
t o be
p r e s e n t and/or v o t e a t any GMS i n p r o p o r t i o n t o t h e shares
i t owns i n such s e c u r i t i e s account.
k.
The Custodian
Bank
and t h e S e c u r i t i e s
d e l i v e r t h e l i s t o f s e c u r i t i e s Account
shares
Company
and t o t a l niamber o f
i n t h e Company owned by each account
Custodian
Bank and S e c u r i t i e s
shall
holder with
Company t o t h e D e p o s i t o r y
and S e t t l e m e n t I n s t i t u t i o n t o be s u b s e q u e n t l y d e l i v e r e d t o
t h e Company no l a t e r
t h a n 1 (one) b u s i n e s s
day p r i o r t o
t h e n o t i c e d a t e o f GMS.
1.
The Investment Manager i s e n t i t l e d t o a t t e n d and c a s t v o t e
a t t h e General Meeting o f Shareholders w i t h r e s p e c t t o t h e
shares o f company i n t h e C o l l e c t i v e Custody w i t h
Bank
forming part
o f t h e Mutual
Fund
under
Custodian
collective
investment c o n t r a c t b u t not forming p a r t o f t h e C o l l e c t i v e
Custody
with
provided
that
Depository
Custodian
and
bank
Settlement
shall
inform
Investment Manager t o t h e Company no l a t e r
Institution
t h e name o f
than 1
(one)
b u s i n e s s day p r i o r t o t h e n o t i c e d a t e o f GMS.
m.
The Company
shall
other entitlements
Depository
shares
distribute
related
and S e t t l e m e n t
dividend,
t o t h e share
Institution
bonus
shares o r
ownership
with
t o the
respect t o
i n t h e C o l l e c t i v e Custody w i t h t h e D e p o s i t o r y and
Settlement
Institution
and t h e l a t t e r
will
subsecptfe-^JfilS^^,
I §L.ywtrolkjicaOKJI
twJK
SHAREHOLDERS OF PT BANK PANIN SYARIAH Tbk.
Number: 5
-On t h i s Friday, 02-10-2015 (second o f October, two thousand f i f t e e n ) .
A t 16.10 ( t e n p a s t s i x t e e n ) l o c a l t i m e .
Appeared b e f o r e me, FATHIAH
J a k a r t a , i n t h e presence
HELMI,
Sarjana
Hukum, N o t a r y i n
o f w i t n e s s e s t o be named a t t h e end
p a r t hereof:
1.
Mrs. DENY HENDRAWATI, Sarjana Hukum, b o r n i n W o n o g i r i , on
05-02-1966
(fifth
o f February,
sixty
s i x ) , President Director
Tbk.,
Indonesian c i t i z e n ,
Agraria
No. 158, Rukun
one thousand
nine
hundred
o f PT Bank Panin
Syariah
residing
Tetangga
Duren Sawit V i l l a g e , Duren Sawit
the
holder
3175074502660002,
of
i n J a k a r t a Timur, Kav
002, Rukun
Sub-district;
Resident
valid
until
Warga 016,
Identity
05-02-2017
Card
(five
No.
February
two thousand s e v e n t e e n ) ;
2.
Mr.
BUDI
(twelfth
born
i n Yogyakarta,
o f March, one thousand
Director
of
citizen,
AE
PRAKOSO,
PT
residing
12/11,
Rukun
Bank
Panin
holder
3175071203620012,
Syariah
of
sixty two),
Tbk., I n d o n e s i a n
Warga
Permai
013, Pondok
Sub-district;
Resident
valid
12-03-1962
Pondok Kelapa
004, Rukun
Kelapa V i l l a g e , Duren Sawit
-the
n i n e hundred
i n J a k a r t a Timur,
Tetangga
on
until
March, two thousand s e v e n t e e n ) ;
Identity
12-03-2017
Card
(twelfth
No.
-
according t o t h e i r
their
respective
representing
power
vested
Shareholders
which
for
and on
liability
i n this
case a r e a c t i n g i n
as above-mentioned,
of Directors,
i n them
and a c t i n g
by E x t r a o r d i n a r y
by me.
Notary,
two thousand
General
fifteen),
of Extraordinary
of
BANK
company, h a v i n g
PANIN
Meeting o f
02-10-2015
o f and t h e r e f o r e
General
SYARIAH
of a
t h e minutes o f
No. 3, d a t e d
behalf
PT
as such a r e
by v i r t u e
o f PT BANK PANIN SYARIAH Tbk.,
head o f f i c e
Meeting
Tbk., a
of
limited
i t s d o m i c i l e i n J a k a r t a B a r a t and
a t Gedung Panin L i f e
Center
3^^^ F l o o r ,
J e n d e r a l S. Parman K a v e l i n g 9 1 , J a k a r t a B a r a t
Letnan
the
Board
o f October,
Shareholders
its
capacities
i s created
(second
statement,
Jalan
11420,
a r t i c l e s o f a s s o c i a t i o n are s e t f o r t h i n t h e deed No. 12,
d a t e d 08-01-1972 ( e i g h t h o f January, one thousand n i n e hundred
seventy
(third
amended by deed No. 5, d a t e d
two), then
o f October,
one thousand
nine
deed No. 1 , d a t e d 01-02-1979 ( f i r s t
nine
hundred
seventy
( t h i r t i e t h o f August,
all
o f them
were
nine),
hundred
03-10-1972
seventy
two),
o f February, one thousand
deed
No. 28, d a t e d
30-08-1979
one thousand n i n e hundred seventy n i n e ) ,
drawn
up b e f o r e
Moeslim
Dalidd,
Sarjana
Hukum, a t t h a t t i m e was N o t a r y i n Malang, and approved by t h e
Minister
of Justice
o f t h e Republic
D e c i s i o n d a t e d 11-12-1979
o f Indonesia
by h i s
( e l e v e n t h o f December, one thousand
n i n e hundred seventy n i n e ) No. YA.5/284/4, and r e g i s t e r e d w i t h
the
D i s t r i c t Court o f Malang on 03-07-1980 ( t h i r d o f J u l y ,
thousand
nine
hundred
eighty),
under
209/PP/P.N.MIg/Vll/1980.
repetitively
been
Such
articles
of
two
thousand
thirteen).
and
approved
by t h e M i n i s t e r o f Law
of
No.
Indonesia
June, two thousand
( n i n e t e e n t h o f June,
74, drawn up b e f o r e me.
by
thirteen),
Notary,
and Human R i g h t s o f t h e
his
2013, d a t e d
34775.AH.01.02.years
Decision
26-06-2013
No.
and t h e n o t i f i c a t i o n
A d m i n i s t r a t i o n System o f M i n i s t r y o f Law
R e p u b l i c o f I n d o n e s i a d a t e d 16-07-2013
AHU-
(twenty s i x t h
has been r e c e i v e d and r e c o r d e d i n t h e database
the
have
amended, and amendment t o a l l o f them i s
e f f e c t u a t e d by t h e deed d a t e d 19-06-2013
Republic
association
of
of
which
o f Legal E n t i t y
and Human R i g h t s o f
(sixteenth of July,
two thousand t h i r t e e n ) No. AHU-AH.01.10-29054.
L a s t l y amended by t h e deed No. 2, d a t e d 02-10-2015
October,
two thousand
fifteen),
and
the n o t i f i c a t i o n
o f which
in
t h e database
Legal
of
(second o f
drawn up b e f o r e me.
Notary,
has been r e c e i v e d and r e c o r d e d
Entity
Administration
System
of
M i n i s t r y o f Law and Human R i g h t s o f t h e R e p u b l i c o f I n d o n e s i a
under
No.
AHU-AH-01.03-0969264,
October, two thousand
dated
02-10-2015
(second
of
fifteen).
- The l a t e s t change i n t h e s t r u c t u r e o f Board o f D i r e c t o r s and
Board o f Commissioners o f t h e Company i s s e t f o r t h i n t h e deed
No. 75, d a t e d 24-04-2015
fifteen),
drawn
up
( t w e n t y f o u r t h o f A p r i l , two thousand
before
Aryanti
Artisari,
Sarjana
Hukum,
Magister Kenotariatan, Notary i n Jakarta, the n o t i f i c a t i o n o f
which has been r e c e i v e d and r e c o r d e d i n t h e database
Entity
Administration
System
of Ministry
o f Law
o f Le
and
Rights
o f t h e R e p u b l i c o f I n d o n e s i a under
0929303,
dated
04-05-2015
(fourth
of
No.
AHU-AH.01.03-
May,
two
thousand
fifteen).
- PT BANK PANIN SYARIAH Tbk. s h a l l be h e r e i n a f t e r r e f e r r e d t o
as "Company".
- The Appearers
state
that
a c t i n g i n t h e i r c a p a c i t i e s as
they
hereby
warrant
the
above-mentioned
accuracy
of
their
i d e n t i t i e s as p e r t h e i d e n t i t y cards p r e s e n t e d t o me. N o t a r y ,
and
will
be
fully
r e s p o n s i b l e f o r such
matter,
and t h e
Appearers s t a t e as f o l l o w s :
A.
That
on t h i s
Friday,
02-10-2015
(second
o f October, two
thousand f i f t e e n ) ,
a t Panin Bank B u i l d i n g 4^*^ F l o o r , J a l a n
Jenderal
-
Sudirman
Senayan,
Jakarta
10270,
there
was
convened an E x t r a o r d i n a r y General Meeting o f Shareholders
o f t h e Company ( h e r e i n a f t e r r e f e r r e d t o as " M e e t i n g " ) , t h e
minutes o f which was drawn up b e f o r e me. N o t a r y , under No.
2,
dated
02-10-2015
(second
o f October,
two
thousand
fifteen
B.
That
i n o r d e r t o comply
with Regulation o f the Financial
S e r v i c e s A u t h o r i t y No. 32/POJK.04/2014 c o n c e r n i n g Plan and
Conduct
o f General
Meeting
o f Shareholders
Company
("POJK No.
3 2 " ) , t h e Company
has
of
Public
submitted a
n o t i c e t o t h e OJK o f such Meeting p l a n by i t s L e t t e r No.
142/DIR/OJK/15,
dated
two thousand f i f t e e n ) .
18-08-2015
(eighteenth
of
August,
/feiW
Nai765/2006,
C.
That i n o r d e r
paragraph
notice
t o comply w i t h t h e p r o v i s i o n s o f A r t i c l e 15
1 o f t h e Company's
o f t h e Meeting
articles
was a d v e r t i s e d
newspapers, namely "Media I n d o n e s i a "
on
26-08-2015
(twenty
sixth
o f association,
in 2
(two) d a i l y
and " I n v e s t o r D a i l y " ,
o f August,
two thousand
fifteen).
D.
That i n o r d e r
paragraph
notice
t o comply w i t h t h e p r o v i s i o n s o f A r t i c l e 15
2 o f t h e Company's
o f t h e Meeting
articles
was a d v e r t i s e d
newspapers, namely "Media I n d o n e s i a "
on
10-09-2015
(tenth
of association,
in 2
(two) d a i l y
and " I n v e s t o r D a i l y " ,
o f September, two thousand
fifteen)
t h a t r e a d as f o l l o w s :
PT BANK PANIN SYARIAH Tbk .
("COMPANY")
NOTICE OF
EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
The
Company's Board o f D i r e c t o r s hereby i n v i t e s
shareholders
t o attend
an E x t r a o r d i n a r y
t h e Company's
General
Meeting o f
Shareholders ("Meeting") o f t h e Company t o be h e l d :
On
: F r i d a y , 2 October, 2015
At
: 15.00 WIB - done
Venue
: Panin
Bank
Buitding
Lantai
4,
Jalan
Jenderal
Sudirman - Senayan, J a k a r t a 10270.
W i t h agendas as f o l l o w s :
1.
Amendments t o t h e Company's a r t i c l e s
to,
among o t h e r s ,
o f association
comply w i t h R e g u l a t i o n
of the F i
S e r v i c e s A u t h o r i t y No.32/POJK.04/2014 c o n c e r n i n g Plan and
Conduct
o f General
Company
("POJK No.32") and No.33/POJK.04/2014
Board o f D i r e c t o r s
Public
the
2.
Company
Meeting
o f Shareholders
o f Public
concerning
and Board o f Commissioners I s s u e r o r
("POJK No.33"),
and r e s t r u c t u r i n g
ofa l l
p r o v i s i o n s o f t h e Company's a r t i c l e s o f a s s o c i a t i o n .
Change o f t h e Company's management.
Notes:
1.
The Company does n o t send
an i n d i v i d u a l
notices t o the
s h a r e h o l d e r s , so t h i s N o t i c e i s o f f i c i a l t o t h e Company's
shareholders.
2.
According
to Article
19 o f POJK No. 32, those
who a r e
e n t i t l e d t o a t t e n d / r e p r e s e n t and c a s t v o t e s a t t h e Meeting
shall
be t h e s h a r e h o l d e r s whose names a r e l i s t e d
Company's
Shareholders
Register
or
the
i n the
owners
of
s e c u r i t i e s account balance a t t h e C o l l e c t i v e Custody o f PT
Kustodian
S e n t r a l Efek
I n d o n e s i a as o f 9 September, 2015
u n t i l 16.00 l o c a l t i m e .
3.
a.
The Company's
Meeting
can
shareholders
be
that
represented
by
a r e absent
their
at the
proxies
by
p r o v i d i n g Power o f A t t o r n e y , p r o v i d e d t h a t members o f
Board o f D i r e c t o r s , members o f Board o f Commissioners
andyxwvutsrqponmlihgfedcbaTSQONMLIGDCBA
employees o f t h e Company may a c t a s p r o x i e s
Meeting,
but their
votes
counted i n t h e v o t i n g .
as p r o x i e s
shall
at the
n o t be
b.
Power o f A t t o r n e y f o r m i s a v a i l a b l e d u r i n g t h e w o r k i n g
hours
a t t h e S e c u r i t i e s A d m i n i s t r a t i o n Bureau ("BAE")
O f f i c e o f t h e Company:
PT Blue Chip M u l i a , Gedung Tempo P a v i l i o n I L t . 8
J l . HR.
Rasuna S a i d Kav.
10-11, J a k a r t a 12950
Phone 021-5201928, 5201983, 5201989.
c.
The
the
completed
BAE
latest
of
3
Power o f A t t o r n e y s h a l l
at
the
(three)
above-mentioned
working
days
be
r e c e i v e d by
address
before
date
at
the
of
the
Meeting.
4.
Shareholders o r t h e i r p r o x i e s who
will
a t t e n d t h e Meeting
s h a l l p r o v i d e c o p i e s o f t h e i r v a l i d i d e n t i t y cards t o t h e
registration
official
before
Shareholders
in
Collective
Written
the
Confirmation
for
entering
the
Custody
Meeting
Meeting
shall
(KTUR)
room.
show
that
a
can
be
o b t a i n e d t h r o u g h Members o f t h e Exchange o r t h e Custodian
Bank.
5.
Shareholders
complete
i n the form o f Legal E n t i t y
copy
of a r t i c l e s
shall
of association,
provide a
including
the
l a t e s t s t r u c t u r e o f management.
6.
According t o a r t i c l e
15
o f t h e POJK No.
32,
hardcopy
of
the
Meeting m a t e r i a l s are a v a i l a b l e and can be o b t a i n e d a t
the
Company's head o f f i c e
written
version
during
t h e w o r k i n g hours
r e q u e s t o f t h e Shareholders
can
be
downloaded
at
and
the
at a
copy o f s o f t c o p y
Company's
websi
(www.paninsyariah.co.id) as o f date o f t h e Meeting
notice
u n t i l o f d a t e o f t h e Meeting.
7.
To
ease
t h e arrangement
shareholders
or t h e i r
and
proxies
order
shall
of
t h e Meeting,
be p r e s e n t
at the
Meeting room a t t h e l a t e s t a t 14.30 WIB.
J a k a r t a , 10 September, 2015
Board o f D i r e c t o r s
that
and
a sheet o f each newspaper t h a t
invitation
drawn
up
c o n t a i n s such
i s a t t a c h e d t o t h e minutes
before
me.
Notary,
No.
3,
notice
o f t h e deed
dated
02-10-2015
(second o f October, two thousand f i f t e e n ) .
E.
That a c c o r d i n g t o t h e Company's Shareholders R e g i s t e r as
of
09-09-2015
issued
by
(ninth
PT
o f September, two thousand
Blue
Administration
Bureau
shares
by
issued
Chip
Mulia
fifteen)
as
the
Securities
o f t h e Company,
total
number o f
t h e Company
i s 9.853.109.900
(nine
b i l l i o n e i g h t hundred f i f t y t h r e e m i l l i o n one hundred n i n e
thousand n i n e hundred) shares.
F.
That
according t o c a l c u l a t i o n
conducted
by
Administration
and/or
PT
Blue
Bureau
represented
8.560.908.116
(eight
o f t h e attendance
Chip
Mulia
as
the
quorum
Securities
o f t h e Company, t h e r e were p r e s e n t
at
the
billion
Meeting
five
a
hundred
number
sixty
of
million
n i n e hundred e i g h t thousand one hundred s i x t e e n ) shares o r
about
86,88%
(eighty
s i x point
total
number
o f shares
having
eighty
valid
eight
percentLj-^^^
voting pre
Rights
by
paragraph
the
the
Company,
so
according
to
l . a o f t h e Company's a r t i c l e s
Article
16
of association,
Meeting was l e g i t i m a t e and e n t i t l e d t o adopt v a l i d and
binding resolutions.
G.
That
t h e Appearers
mentioned
acting
i n their
capacities
as above-
i s g i v e n a power as s e t o u t i n t h e deed drawn
paragraph b e f o r e me. N o t a r y , No. 3, d a t e d 02-10-2015 (two
October,
two thousand
fifteen)
t o restate
resolution of
the Meeting's second agenda.
- Now, t h e r e f o r e ,
acting
i n their
Meeting
i n respect o f the foregoing,
capacities
i n i t s second
t h e Appearers
as a f o r e m e n t i o n e d s t a t e
agenda
has unanimously
that the
resolved
as
follow:
1.
Agreed
t h e amendments t o a r t i c l e s
i n order
Company
to
comply
of association
with
Regulation
of the
of the
F i n a n c i a l S e r v i c e s A u t h o r i t y No.32/POJK.04/2014 c o n c e r n i n g
Plan
and Conduct
Public
o f General
Meeting
o f Shareholders o f
Company and R e g u l a t i o n o f t h e F i n a n c i a l
Services
A u t h o r i t y No.33/POJK.04/2014 c o n c e r n i n g Board o f D i r e c t o r s
and Board o f Commissioners
2.
Agreed
the
t o restructure
Company
Company's
as
o f I s s u e r o r P u b l i c Company.
a l l the articles
contemplated
articles
i n point
of association
shall
of association of
1
above,
be
so t h e yxwvutsrqp
subsequently
r e a d as s e t f o r t h i n t h e Attachment t o t h e Meeting Minutes
and s h a l l form an i n t e g r a l p a r t o f t h e Meeting Minutes ./7r;;«;
3.
Agreed t o g i v e a power w i t h s u b s t i t u t i o n r i g h t t o Board o f
Directors
o f t h e Company t o t a k e any a c t i o n s
necessary i n
r e l a t i o n t o such r e s o l u t i o n , i n c l u d i n g b u t n o t l i m i t e d t o
perfect
o r t o amend t h e a r t i c l e s o f a s s o c i a t i o n
restate
a l l
separate
and
t h e amended
a r t i c l e s of association
n o t a r i a l deed, and t o a p p l y
provide n o t i f i c a t i o n
and t o
of this
f o r approval
in a
from,
change t o , t h e M i n i s t e r
o f Law and Human R i g h t s o f t h e R e p u b l i c o f I n d o n e s i a , as
w e l l as t o t a k e any a c t i o n s
necessary w i t h r e s p e c t ' t h e r e t o
i n compliance w i t h t h e a p p l i c a b l e
laws and r e g u l a t i o n s .
- I n r e l a t i o n t o t h e amendments t o a l l a r t i c l e s o f a s s o c i a t i o n
that
have been agreed
i n accordance w i t h
attachment
t o the
Meeting M i n u t e s , t h e Appearers s t a t e t h a t t h e amended a r t i c l e s
are:
- A r t i c l e 4 paragraphs 4 - 8 ;
- A r t i c l e s 5 - 29;
Consequently, a l l t h e a r t i c l e s o f a s s o c i a t i o n
o f t h e Company
s h a l l read as f o l l o w s :
NAME AND DOMICILE
Article 1
1. T h i s Company i s named: PT BANK PANIN SYARIAH Tbk., h a v i n g
its
domicile
i n Jakarta Barat
( h e r e i n a f t e r r e f e r r e d t o as yxwvutsrqpo
"Company").
2.
The Company may
inside
or
open
outside
branch
and r e p r e s e n t a t i v e
the t e r r i t o r y
of
the
offices
Republic
Indonesia
as
determined
by
Board
of
Directors
upon
a p p r o v a l o f Board o f Commissioners.
TERM OF ESTABLISHMENT
Article 2
The
from
Company i s e s t a b l i s h e d f o r an i n d e f i n i t e t e r m , commencing
t h e day on which
namely
11-12-1979
t h e company becomes a l e g a l
(eleventh
o f December,
entity,
one thousand
nine
hundred seventy n i n e ) .
PURPOSES AND OBJECTIVES AS WELL AS BUSINESS ACTIVITIES
Article 3
1.
The Company's purposes
and o b j e c t i v e s are t o engage i n t h e
business o f s h a r i a b a n k i n g .
2.
To achieve
such
purposes
and o b j e c t i v e s
c a r r y o u t t h e f o l l o w i n g business
A.
t h e Company may
activities:
Primary:
s h a r i a p u b l i c bank
financing
temporary c a p i t a l p a r t i c i p a t i o n
fund
raising
i n t h e form
o f demand
deposit,
savings o r o t h e r forms
fund
raising
i n t h e form
o f deposit investment,
s a v i n g s , o r o t h e r forms
p r o f i t s sharing financing
financing d i s t r i b u t i o n
f i n a n c i n g f o r t a n g i b l e o r i n t a n g i b l e assets l e a s e r
debt t a k e o v e r underywvutsrponmlkhfedbaXLIH
hawalah or any o t h e r forms o f
contract
which a r e n o t c o n t r a d i c t i v e
t o t h e Sharia
principles
business o f d e b i t
and/or f i n a n c i n g
cards under t h e
Sharia p r i n c i p l e s
purchase, s a l e ,
o r pledge a t i t s own r i s k
of t h i r d
p a r t i e s ' commercial papers
-
purchase
of
commercial
papers
under
t h e Sharia
principles
o f payment f r o m c o l l e c t i o n over commercial
receipt
papers
conduct o f c u s t o d y f o r t h i r d p a r t i e s '
provision
interest
o f p l a c e f o r commercial goods and papers
under t h e S h a r i a p r i n c i p l e s
transfer
o f money, b o t h f o r i t s own and customers
interest
t o p e r f o r m as a t r u s t e e under hawalah
provision
of l e t t e r
of credit
contract
o r guarantee
under
the Sharia p r i n c i p l e s
other
activities
reasonably performed i n banking
business
B.
To
support i t s primary businesses,
t h e Company
may
carry out t h e f o l l o w i n g business a c t i v i t i e s :
a.
t o buy c o l l a t e r a l ,
auction
i n case
a whole
a customer
or a part,
fails
to
through
fulfill
obligations
to
the
Company,
provided
c o l l a t e r a l s h a l l be w i t h d r a w n w i t h o u t
to
carry
out
factoring
and
that
such
delay.
financing
business
activities.
to
be
the
pension
fund
applicable
organizer
laws
and
in
compliance
regulations,
with
either
as
founder o f employer p e n s i o n f u n d or founder and/or
subscriber of f i n a n c i a l i n s t i t u t i o n pension fund,
to
perform
activities
o fywvutsrponmlkhfedbaXLIH
mudharabah/musyarakah
c a p i t a l p a r t i c i p a t i o n a t banks or
i n f i e l d of finance,
company,
well
as
clearing
compliance
relevant
to
with
lease/ijarah, venture c a p i t a l
and
Depository
o t h e r companies
guarantee
and
the
institution,
as
institution
in
Settlement
rules
stipulated
by
the
participation
for
institutions.
do
temporary
settlement
of
capital
non-performing
contract,
mudharabah/musyarakah
loans
under
including
default
payment under t h e S h a r i a p r i n c i p l e s , p r o v i d e d t h a t
it
the
must redraw i t s p a r t i c i p a t i o n as
stipulated
by
o t h e r businesses r e l a t e d d i r e c t l y
or
OJK.
to carry
out
indirectly
to
the
objectives
which
p r e v a i l i n g laws and
abovementioned
are
not
purposes
contradictive
regulations.
to
and
the
CAPITAL
Article 4
Company's
The
authorized
capital
amounts
to
Rp.
3.900.000.000.000,00
(three t r i l l i o n
n i n e hundred b i l l i o n
Rupiah)
39.000.000.000
( t h i r t y nine b i l l i o n )
divided into
shares
h a v i n g nominal v a l u e o f Rp.
Rupiah)
Of
100,00
(one hundred
each.
such
authorized
9.853.109.900
million
one
having
a
(nine
(nine
billion
hundred
total
hundred
million
capital,
nine
nominal
eighty
nine
i t have
eight
hundred
thousand
hundred
fifty
three
billion
shares
985.310.990.000,00
three
ninety
thousand
will
be mentioned
s h a r e h o l d e r s whose d e t a i l s
subscribed
n i n e hundred)
v a l u e o f Rp.
five
been
hundred
ten
Rupiah)
by
a t t h e end
part hereof.
100%
(one hundred p e r c e n t ) o f nominal v a l u e o f each
t h a t has been s u b s c r i b e d as mentioned above,
Rp.
985.310.990.000,00
three
hundred
Rupiah)
(nine
ten million
hundred
nine
eighty
hundred
share
or i n t o t a l
five b i l l i o n
ninety
thousand
has been p a i d by t h e Company's s h a r e h o l d e r s w i t h
d e t a i l s as f o l l o w s :
a.
Rp.
975.000.000.000,00
(nine
hundred
seventy
five
b i l l i o n R u p i a h ) , t h eyxwvutsrqponmlihgfedcbaTSQONMLIGDCBA
d e t a i l s o f which a r e s e t f o r t h i n
the
deed
No.
7, d a t e d 05-02-2014
two
thousand
and
the n o t i f i c a t i o n
fourteen),
drawn
thereof
(fifth
up b e f o r e
has
been
o f February,
me,
Nota
receive
recorded
in
the
Administration
Rights
database
System
of
of Ministry
Legal
o f Law and Human
o f t h e R e p u b l i c o f I n d o n e s i a under
AH. 01 . 10-06009,
dated
Entity
21-04-2014
No. AHU-
(twenty
first
of
February, two thousand f o u r t e e n ) .
b.
Rp. 10.310.990.000,00
million
(ten b i l l i o n
n i n e hundred n i n e t y
constituting
a result
three
hundred t e n
thousand Rupiah)
i n cash
o f implementation o f S e r i a l
I
Warrant.
C a p i t a l payment:
a.
I n t h e f o r m o f cash:
Payment
f o r share
capital
made i n t h e f o r m o f cash
s h a l l be evidenced by a v a l i d
evidence o f payment t o
t h e Company's t r e a s u r y o r bank account.
b.
Payment
tangible
f o r shares
i n other
or intangible
forms t h a n cash,
property,
shall
either
be s u b j e c t t o
t h e f o l l o w i n g terms:
(1) such p r o p e r t y s h a l l be announced t o p u b l i c a t t h e
t i m e o f n o t i c e o f "GMS" on such payment;
(2) such
property
registered
with
shall
be v a l u e d by an A p p r a i s e r
the Financial
Services A u t h o r i t y
and s h a l l n o t be p l e d g e d f o r a n y t h i n g ;
(3)yxwvutsrqponmlihgfedcbaTSQONMLIGDCBA
i t shall
obtain
approval
of
attendance
quorum
as
f o r GMS
GMS
with
the
on amendments t o
a r t i c l e s of association;
,NCr 1765/2006
(4) i f such p r o p e r t y i s i n t h e f o r m o f s t o c k l i s t e d i n
the
Stock Exchange, i t s p r i c e s h a l l be d e t e r m i n e d
a t a f a i r market v a l u e ; and
(5) i f t h e payment comes f r o m r e t a i n e d e a r n i n g s , a g i o
s t o c k s , n e t p r o f i t s o f t h e Company, and/or i t s own
c a p i t a l element, t h e n such r e t a i n e d e a r n i n g s , a g i o
stocks,
be
net p r o f i t s
stated
in
and/or
the
i t s own c a p i t a l
latest
annual
shall
financial
statements t h a t have been a u d i t e d by a a c c o u n t a n t
registered
at a f a i r
c.
GMS
with
approval o f a p u b l i c
a maximum
public
and
Commissioners
Services A u t h o r i t y
opinion.
t o decide
decide
the Financial
number
shall
give
o f shares
a
offering
shall
t o be i s s u e d t o
power
to
Board
of
t o s t a t e r e a l i z a t i o n o f number o f shares
i s s u e d i n such p u b l i c o f f e r i n g .
Shares
i n portfolio will
be i s s u e d by t h e Company
upon
a p p r o v a l o f GMS under terms and a t p r i c e s d e c i d e d by Board
of
D i r e c t o r s w i t h a p p r o v a l o f Board o f Commissioners,
and
such p r i c e s s h a l l n o t below t h e nominal v a l u e . Issuance o f
such
laws
shares
and
regulations
shall
observe
regulations
on
o f t h e Stock
the provisions
capital
Exchange
shares a r e l i s t e d .
Issuance o f Equity-Type S e c u r i t i e s :
h e r e o f and t h e
market,
where
as
well
as
t h e Company's
a.
Any c a p i t a l
i n c r e a s e t h r o u g h issuance o f Equity-Type
S e c u r i t i e s by mean o f s u b s c r i p t i o n s h a l l be conducted
by
giving
t h e Preemptive
Rights
("HMETD") t o
s h a r e h o l d e r s whose names a r e l i s t e d
the
i n t h e Company's
Shareholders R e g i s t e r on a d a t e d e s i g n a t e d by GMS t h a t
approves
such issuance o f Equity-Type S e c u r i t i e s i n a
number e q u a l t o t h e number o f shares
listed
that
have been
i n t h e Company's Shareholders R e g i s t e r i n t h e
name o f s h a r e h o l d e r s on such d a t e .
b.
Equity-Type S e c u r i t i e s w i t h o u t g i v i n g t h e HMETD t o t h e
shareholders
may be conducted
i n case
issuance o f
shares:
(1) i s aimed t o t h e Company's employees;
(2)
i s aimed
securities
t o t h e holders
which
o f bond
are convertible
or
other
t o shares
upon
a p p r o v a l o f GMS;
(3) i s p e r f o r m e d
i n t h e framework
o f reorganization
and/or r e s t r u c t u r i n g approved by GMS and/or
(4) i s made i n compliance w i t h r e g u l a t i o n s on c a p i t a l
market
that
allow
the capital
increase
without
HMETD. c.
HMETD s h a l l be a s s i g n a b l e and t r a d a b l e w i t h t h e t e r m
as
specified
i n t h e R e g u l a t i o n No. I X . D . l c o n c e r n i n g
Preemptive R i g h t s .
d.
Equity-Type S e c u r i t i e s t o be i s s u e d by t h e Company
are
n o t s u b s c r i b e d by h o l d e r s
o f HMETD sh;
a l l o c a t e d t o a l l s h a r e h o l d e r s who s u b s c r i b e a d d i t i o n a l
Equity-Type
subscribed
of
Securities,
Equity-Type
Equity-Type
however
i f number
Securities
Securities
exceeds t h e number
to
be
u n s u b s c r i b e d Equity-Type S e c u r i t i e s
in
proportion
t o number
of the
issued,
such
s h a l l be a l l o c a t e d
o f HMETD e x e r c i s e d
s h a r e h o l d e r who s u b s c r i b e s f o r a d d i t i o n a l
by each
Equity-Type
Securities.
e.
I f
there
is
unsubscribed
remaining
Equity-Type
Securities
by t h e s h a r e h o l d e r s as r e f e r r e d
sub-paragraph
d
above,
then
i f there
buyer, such Equity-Type S e c u r i t i e s
is a
to i n
standby
s h a l l be a l l o c a t e d
t o such standby buyer a t t h e same p r i c e and under same
conditions.
f.
Issuance
o f shares
securities
i n portfolio
convertible
t o shares
t o the holders o f
or securities
with
r i g h t s t o a c q u i r e shares may be conducted by Board o f
Directors
upon a p p r o v a l o f a p r e c e d i n g GMS which has
approved t h e issuance o f such shares.
g.
I n c r e a s e i n paid-up c a p i t a l s h a l l be e f f e c t i v e a f t e r
payment
has been made, and t h e i s s u e d shares
contain
rights
similar
having
same
without
prejudice
the
Minister
of Indonesia.
t o those
shall
c o n t a i n e d i n shares
c l a s s i f i c a t i o n issued
by
t h e Company,
t h e Company's o b l i g a t i o n t o n o t i f y
o f Law and Human R i g h t s o f t h e Republ4
Increase
a.
i n authorized c a p i t a l :
Increase
be
i n t h e Company's a u t h o r i z e d
made
by
resolution
o f GMS.
c a p i t a l may o n l y
Amendment t o t h e
a r t i c l e s o f association w i t h respect
t o change i n t h e
authorized
to
capital
shall
subject
approval
of
M i n i s t e r o f Law and Human R i g h t s .
b.
Increase
and
i n a u t h o r i z e d c a p i t a l which causes
paid-up c a p i t a l
percent)
t o be l e s s t h a n
o f the authorized
capital
subscribed
25% (twenty
five
may be made
only
if:
(1) approved by GMS convened f o r such purpose;
(2) approved by M i n i s t e r o f Law and Human R i g h t s ;
(3) made no l a t e r t h a n
6 ( s i x ) months o f a p p r o v a l by
M i n i s t e r o f Law and Human R i g h t s as r e f e r r e d t o i n
paragraph (2) above;
(4) i n event
capital
requirements
of
i t s articles
authorized
capital
requirements
Article
i n paid-up
as r e f e r r e d t o i n sub-paragraph
(3) above a r e n o t f u l l y met,
amend
increase
of
t h e Company s h a l l r e association,
and paid-up
so i t s
capital
meet t h e
paragraph
(1) and
(2) UUPT [ L i m i t e d
Liability
of Article
30 paragraph
f point
30
CompanyyxwvutsrqponmlihgfedcbaTSQONMLIGDCBA
Law], w i t h i n 2 (two) months a f t e r t h e t e r m
specified
i n Article
4 paragraph
(6.b)
p o i n t (3)
(5) A p p r o v a l o f GMS as r e f e r r e d t o i n p o i n t
shall
include
a p p r o v a l t o amend t h e a r t i c l e s o f
a s s o c i a t i o n as r e f e r r e d t o i n p o i n t
c.
Amendments
increase
(1) above
t o the articles
i n authorized
of
capital
(4) above;
association
shall
be
as t o
effective
a f t e r payment o f c a p i t a l which causes amount o f p a i d up c a p i t a l t o be a t l e a s t 25% ( t w e n t y f i v e p e r c e n t ) o f
authorized
other
capital
shares
and s h a l l
have t h e same r i g h t s t o
i s s u e d by t h e Company w i t h o u t
prejudice
t o t h e Company's o b l i g a t i o n s t o a p p l y f o r a p p r o v a l o f
such amendments t o t h e a r t i c l e s o f a s s o c i a t i o n by f r o m
M i n i s t e r o f Law and Human R i g h t s w i t h r e s p e c t t o such
i n c r e a s e i n paid-up c a p i t a l .
8.
The Company may
due
attention
repurchase t h e f u l l y
t o the applicable
paid
laws
shares h a v i n g
and
regulations,
e s p e c i a l l y c a p i t a l market r e g u l a t i o n .
SHARES
Article 5
1.
R e g i s t e r e d shares;
All
shares
shares
i s s u e d by
t h e Company
shall
be
registered
h a v i n g due observance o f t h e p r o v i s i o n s
articles
of association,
laws and r e g u l a t i o n s
o f these
on
capital
market, and r e g u l a t i o n s o f t h e Stock Exchange.
2.
The Company may i s s u e share w i t h o r w i t h o u t nominal v a l u e .
m i 765/2006,
Issuance o f share w i t h o u t nominal v a l u e s h a l l
be made i n
compliance w i t h t h e laws and r e g u l a t i o n s on c a p i t a l
market
and t h e Stock Exchange's r e g u l a t i o n s .
F r a c t i o n a l shares:
a.
I f 1
(one) share,
under
holding
written
f o r any reason
o f more
request
attention
regulations
1
falls
(one) persons,
at a
of the relevant
D i r e c t o r s may s p l i t
due
than
whatsoever,
persons.
Board o f
nominal v a l u e o f such share
to
the
on c a p i t a l
provisions
market
of
with
laws
and
and t h e Exchange
Efek
regulations;
b.
The h o l d e r o f t h e f r a c t i o n a l
share s h a l l n o t be g i v e n
an
unless others
individual
voting
right,
f r a c t i o n a l shares, e i t h e r i n d i v i d u a l l y
with
other
holders of f r a c t i o n a l
classification
share
or c o l l e c t i v e l y
shares
have nominal v a l u e o f 1
o f such
classification.
Such
holder of
h a v i n g same
(one) nominal
holders
of the
f r a c t i o n a l shares s h a l l a p p o i n t i n w r i t i n g one o f them
or o t h e r person as t h e i r c o l l e c t i v e
c.
The
holders
classification
of
fractional
as o t h e r
attorney.
shares
having
t h e same
holders o f f r a c t i o n a l
shares
whose share c l a s s i f i c a t i o n has t h e same nominal v a l u e
of
1yxwvutsrqponmlihgfedcbaTSQONMLIGDCBA
(one) nominal share o f such c l a s s i f i c a t i o n
have
t h e same r i g h t s
have
t h e shares
as t h e o t h e r
having
nominal
shall
s h a r e h o l d e r s who
value
of
1 (one
nominal
share
o f t h e same
classification
t o such
f r a c t i o n a l shares.
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5. A l l I shares
i s s u e d by Company
can be pledged
a t t e n t i o n t o | t h e p r o v i s i o n s o f laws and
concerning
pledge
o f shares,
laws
and
i
•
•'
-
w i t h due
regulations
regulations
c o n c e r n i n g c a p i t a l market, and UUPT and i n compliance w i t h
regulations i n f i e l d
o f c a p i t a l market and t h e p r o v i s i o n s
o f t h e Stock Exchange.
6.
The Company
shall
only
recognize
one person
or
legal
e n t i t y as t h e h o l d e r o f a share, namely t h a t whose name i s
listed
as
t h e holder
o f the relevant
share
in
the
Shareholders R e g i s t e r , w i t h o u t p r e j u d i c e t o t h e p r o v i s i o n s
of
laws
UUPT
and r e g u l a t i o n s
and i n compliance
concerning c a p i t a l
with
regulations
market, and
i n field
of
c a p i t a l market and t h e p r o v i s i o n s o f t h e Stock Exchange.
7.
I f a share,
held
f o r any reason
by s e v e r a l
persons,
whatsoever,
then
those
i s collectively
collective
holders
I
I
•
must a p p o i n t a person among them o r any o t h e r person as
their
or
collective
attorney
a t t o r n e y , and o n l y such a p p o i n t e d person
i s e n t i t l e d t o exercise
the rights
g i v e n by
law on such share.
8. As l o n g as t h e p r o v i s i o n o f paragraph (5) o f t h i s paragraph
(7) I has n o t been
met, such
shareholders s h a l l
n o t be
e n t i t l e d t o c a s t v o t e a t GMS, and payment o f d i v i d e n f o r
sucti shares s h a l l be postponed.
9. A s h a r e h o l d e r s h a l l
Association
general
and
be a t law s u b j e c t t o t h e A r t i c l e s
t o a l l resolutions
meetings
of
shareholders
validly
as
well
adopted
as
of
at
t o the
p r e v a i l i n g laws and r e g u l a t i o n s .
SHARE CERTIFICATE
Article
1.
The Company may
6
i s s u e a share c e r t i f i c a t e
evidencing the
h o l d i n g o f 2 (two) o r more shares by a person.
2.
7.
A share c e r t i f i c a t e s h a l l a t l e a s t i n c l u d e :
a.
name and address o f s h a r e h o l d e r ;
b.
s e r i a l number o f share c e r t i f i c a t e ;
c.
nominal v a l u e o f share;
d.
date o f issuance o f share c e r t i f i c a t e ;
A collective
share c e r t i f i c a t e s h a l l
at least include:
a.
name and address o f s h a r e h o l d e r ;
b.
s e r i a l number o f c o l l e c t i v e
c.
serial
number
of
share
share
certificate;
certificate
and
niomber
of
share;
4.
d.
nominal v a l u e o f share;
e.
date o f issuance o f c o l l e c t i v e
f.
i d e n t i t y c a r d as s p e c i f i e d by Board o f D i r e c t o r s .
Any share c e r t i f i c a t e
and/or
convertible
and/or
bond
share c e r t i f i c a t e ;
collective
and/or
warrant
s e c u r i t i e s c o n v e r t i b l e t o share s h a l l
be g i v e n a s e r i a l
of
President
share
certificate
and/or
be p r i n t e d and
other
shall
number, issuance d a t e , and co-signatu:;:©-
Director
and
a
member
of
Commissioners who i s a p p o i n t e d by a Meeting o f Board o f
Commissioners, and such
share
and/or
certificate
signatures
and/or
convertible
can be p r i n t e d
collective
bond
and/or
share
warrant
on t h e
certificate
and/or
other
s e c u r i t i e s c o n v e r t i b l e t o share, w i t h due a t t e n t i o n t o t h e
laws and r e g u l a t i o n s on c a p i t a l
market.
DUPLICATE SHARE CERTIFICATE
Article 7
Damaged
share
certificate
and
collective
share
certificate:
a.
I f a share c e r t i f i c a t e
i s damaged, replacement can be
made i f :
1)
a person
who
replacement
submits
a written
o f such
share
has
received
application f o r
i s the holder
of the
share; and
2)
the
Company
the
damaged
share
d e s t r o y t h e damaged o r i g i n a l
share
certificate;
b.
The Company s h a l l
certificate
certificate
original
If
after
with
issuing
the
same
a
serial
substitute
number
share
as t h e
share c e r t i f i c a t e .
a share c e r t i f i c a t e
i s lost,
replacement
can be made
if:
a.
a person who a p p l i e s f o r replacement o f such share i s
the
h o l d e r o f t h e share;
b.
t h e Company has r e c e i v e d a p o l i c e
r e p o r t on t h e l o s s
o f such share c e r t i f i c a t e ;
c.
Party
who
applies
f o r replacement
o f such
share
p r o v i d e s a guarantee which i s a c c e p t a b l e t o Board o f
D i r e c t o r s ; and
d.
plan
the
o f issuance o f d u p l i c a t e
lost
share c e r t i f i c a t e
share
certificate f o r
i s announced i n t h e Stock
Exchange where t h e Company's shares a r e l i s t e d
within
no
before
later
than
14
(fourteen)
calendar
days
issuance o f t h e d u p l i c a t e share c e r t i f i c a t e .
3.
A l l expenses r e l a t e d
certificates
4.
share
s h a l l be borne by t h e p e r t i n e n t s h a r e h o l d e r .
The p r o v i s i o n s
this Article
of
t o t h e issuance o f d u p l i c a t e
c o n t e m p l a t e d i n paragraphs
1 , 2, and o f
s h a l l a p p l y m u t a t i s mutandis t o t h e issuance
the duplicate
collective
share c e r t i f i c a t e
or Equity-
Type S e c u r i t i e s .
COLLECTIVE CUSTODY
Article 8
1.
The p r o v i s i o n s
concerning
Collective
Custody
shall at
least include:
a.
shares
i n Collective
Settlement
Company's
Custody w i t h
Institution
Shareholders
shall
be
t h e D e p o s i t o r y and
recorded
i n the
R e g i s t e r i n t h e name o f
the
D e p o s i t o r y and S e t t l e m e n t I n s t i t u t i o n f o r i n t e r e s t f o r
interest
o f account
h o l d e r s a t t h e D e p o s i t o r y ajidn
Settlement I n s t i t u t i o n .
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.1765/2006>
shares
i n the Collective
Bank o r S e c u r i t i e s
account
shall
Custody
with
t h e Custodian
Company r e c o r d e d i n t h e s e c u r i t i e s
a t t h e D e p o s i t o r y and S e t t l e m e n t
be
recorded
Custodian
holders
i n t h e name
Bank o r S e c u r i t i e s
of
accounts
in
of
Institution
the
relevant
Company f o r i n t e r e s t o f
such
Custodian
Bank
or
S e c u r i t i e s Company;
if
shares i n t h e C o l l e c t i v e Custody w i t h t h e Custodian
Bank
form
Portfolio
a
part
in
Contract
and
Custody
with
of
the
t h e Mutual
form
are not
the
of
included
Register
Investment
i n the
Collective
and
Settlement
Depository
Shareholders
Securities
Collective
I n s t i t u t i o n , t h e Company s h a l l l i s t
Company's
Fund
such shares i n t h e
i n t h e name
of the
Custodian Bank f o r i n t e r e s t o f owners o f P a r t i c i p a t i o n
Units
of
Mutual
Fund
i n t h e form
of
Collective
Investment C o n t r a c t as a f o r e s a i d ;
The Company s h a l l i s s u e a c e r t i f i c a t e
letter
and
or
confirmation
t o t h e D e p o s i t o r y and S e t t l e m e n t
Institution
as r e f e r r e d
t o i n sub-paragraph
a above o r t h e
Custodian Bank as r e f e r r e d t o i n sub-paragraph
as
an
evidence
of
listing
in
the
c above
Company's
Shareholders R e g i s t e r ;
The
Company
shall
transfer
the
C o l l e c t i v e Custody t h a t a r e r e g i s t e r e d
the
Depository
and
Settlement
shares
i n the
i n t h e na
Institution
o^
Custodian
Bank
Collective
Investment
Shareholders
that
f o r Mutual
Fund
Contract
i n the
in
the
form
of
Company's
R e g i s t e r t o be i n t h e name o f t h e P a r t y
i s appointed
by
the relevant
Depository
S e t t l e m e n t I n s t i t u t i o n o r t h e Custodian
and
Bank;
A p p l i c a t i o n f o r t h e t r a n s f e r s h a l l be s u b m i t t e d by t h e
D e p o s i t o r y and S e t t l e m e n t I n s t i t u t i o n o r t h e Custodian
Bank t o t h e Company o r t h e S e c u r i t i e s A d m i n i s t r a t i o n
Bureau a p p o i n t e d by t h e Company;
The D e p o s i t o r y
and S e t t l e m e n t
I n s t i t u t i o n , t h e Custodian
Bank o r t h e S e c u r i t i e s Company s h a l l i s s u e a c o n f i r m a t i o n
l e t t e r t o t h e account h o l d e r s as an evidence
i n the securities
of recording
account;-
i n t h e C o l l e c t i v e Custody, each share o f t h e same t y p e and
classification
issued
by t h e Company s h a l l
be e q u a l and
c o n v e r t i b l e one t o a n o t h e r ;
The Company s h a l l
Collective
Custody
destroyed,
unless
provide v a l i d
the
true
refuse r e g i s t r a t i o n
i f t h e share
o f a share
certificate
i s lost
t h e P a r t y r e q u e s t i n g such t r a n s f e r
p r o o f and/or adequate guarantee
and l e g a l
t o the
shareholder
and t h e share
that
or
may
i t is
certificate
i s a c t u a l l y l o s t or destroyed.
The
Company must r e f u s e
Collective
Custody
registration
i f t h e share
o f a share
i s secured,
t o the
seized or
c o n f i s c a t e d under c o u r t o r d e r o r s e i z e d f o r c r i m i n a l c
investigation.
j.
The h o l d e r
entered
of Securities
i n the Collective
Account
whose
securities• are
Custody have t h e r i g h t
t o be
p r e s e n t and/or v o t e a t any GMS i n p r o p o r t i o n t o t h e shares
i t owns i n such s e c u r i t i e s account.
k.
The Custodian
Bank
and t h e S e c u r i t i e s
d e l i v e r t h e l i s t o f s e c u r i t i e s Account
shares
Company
and t o t a l niamber o f
i n t h e Company owned by each account
Custodian
Bank and S e c u r i t i e s
shall
holder with
Company t o t h e D e p o s i t o r y
and S e t t l e m e n t I n s t i t u t i o n t o be s u b s e q u e n t l y d e l i v e r e d t o
t h e Company no l a t e r
t h a n 1 (one) b u s i n e s s
day p r i o r t o
t h e n o t i c e d a t e o f GMS.
1.
The Investment Manager i s e n t i t l e d t o a t t e n d and c a s t v o t e
a t t h e General Meeting o f Shareholders w i t h r e s p e c t t o t h e
shares o f company i n t h e C o l l e c t i v e Custody w i t h
Bank
forming part
o f t h e Mutual
Fund
under
Custodian
collective
investment c o n t r a c t b u t not forming p a r t o f t h e C o l l e c t i v e
Custody
with
provided
that
Depository
Custodian
and
bank
Settlement
shall
inform
Investment Manager t o t h e Company no l a t e r
Institution
t h e name o f
than 1
(one)
b u s i n e s s day p r i o r t o t h e n o t i c e d a t e o f GMS.
m.
The Company
shall
other entitlements
Depository
shares
distribute
related
and S e t t l e m e n t
dividend,
t o t h e share
Institution
bonus
shares o r
ownership
with
t o the
respect t o
i n t h e C o l l e c t i v e Custody w i t h t h e D e p o s i t o r y and
Settlement
Institution
and t h e l a t t e r
will
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