Home Corporate News Arwana Ceramics Holds 2023 Annual General Meeting of Shareholders

Arwana Ceramics Holds 2023 Annual General Meeting of Shareholders

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Arwana Ceramics Holds 2023 Annual General Meeting of Shareholders

On March 28, 2024, we held our Annual General Meeting of Shareholders for the 2023 financial year at Plant II, Serang, Banten. President Commissioner Mr. Marsetio and CEO Mr. Tandean Rustandy presided over the event which was attended by all members of the Board of Commissioners and Board of Directors, shareholders, as well as a number of business partners.

The forum decided upon five resolutions or all the proposals put on the table, each of which were approved by more than 95 percent of the shareholders present. The resolutions comprised the validation of all reports; the disbursement of cash dividends at Rp43 per share, totaling to a payout ratio of 71 percent of the net profit in 2023; and appointing public accounting firm Purwantono, Sungkoro and Surja as auditor of our financial statements for the 2024 financial year. Later in the day, we also held a public expose for dozens of analysts and journalists, which was delivered by COO Mr. Edy Suyanto and CFO Mr. Rudy Sujanto.