Adira Finance General Meeting of Shareholders

Adira Finance General Meeting of Shareholders
03 Jun 2015

On May 21, 2015, PT Adira Dinamika Multi Finance Tbk has conducted General Meeting of Shareholders (GMS), which is one of a series of annual event which aims to determine the company’s direction of policy and strategic actions in making for everyone and attended by the Board of Commissioners, Board of Directors, members of the Audit Committee and Risk Management Committee, Sharia Supervisory Board, as well as the shareholders of Adira Finance.

The event that was held at the Intercontinental Hotel Jakarta resulted important decisions regarding the sustainability of the company, among others were approving the Company’s Annual Report for fiscal year 2014, the Company’s Financial Statement for the fiscal year 2014 which had been audited by Public Accounting Firm Purwantono, Suherman & Surja (“PSS”), a member firm of Ernst & Young Global Limited, with opinion “Unqualified “, approving the supervisory report of the Company’s Board of Commissioners for the fiscal year 2014, and releasing and discharging completely (“volledig acquit et decharge “) to the Board of Directors and the Board of Commissioners regarding their management and supervision carried out during the fiscal year 2014.

Furthermore, the GMS also approved the appointment of Mr. Sng Seow Wah, who currently serves as the President Director of Bank Danamon as Chief Commissioner of the Company, replacing Mr. Ho Hon Cheong who has resigned. Besides, the GMS also approved the appointment of Mr. Loh Niap Juan, as the Commissioner of the Company, replacing Mr. Muliadi Raharja who has resigned, which will be effective since passing the FSA Fit and Proper Test.

In the result of the meeting, Adira Finance was still trying to appreciate the support of the shareholders through dividend distribution. GMS decided to pay a cash dividend of Rp. 396 billion or Rp. 396 per share, which is 50% of the net profit of the Company for fiscal year 2014. The dividend payment is planned to be carried out on June 19, 2015. This is in accordance with the mission of Adira Finance that always provides profitable service and experience and friendly to the stakeholders.