We would like to remind you of the Annual General Meeting of Shareholders (“AGMS”) that according to Article 78 (2) of the Company Law, must be held no later than 6 (six) months after the end of each financial year.
On 29 March 2018, President Joko Widodo issued Presidential Regulation Number 20 of 2018 on Foreign Manpower Utilization (“Presidential Reg 20/2018”). Presidential Reg 20/2018 aims to support the national economy and the expansion of employment opportunities through increased foreign investment and is part of President Joko Widodo’s current economic reform process.