AGMS and LKPM Reports
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.
The AGMS will also be subject to your company’s Articles of Association. It may be held in a formal meeting or as circular resolutions.
To read the full article, please download the pdf copy below.
NEXT ARTICLES
Indonesia’s Merger Control Rules Revised: Threshold Reversal, Introduction of a New System, and Filing Fees
Issue 6, April 2023 | Indonesia introduces two new regulations concerning merger control.
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The Requirement to Use the Indonesian Language is Regulated Further
After ten long years of the issuance of Law No. 24 of 2009 on the National Flag, Language, Emblem, and Anthem (“Language Law”), the Government of Indonesia has finally issued an implementing regulation of the Language Law, ie Presidential Regulation No. 63 of 2019 on the Use of the Indonesian Language (“PR 63/2019”) and it came into effect on 30 September 2019.
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Amendments on The Establishment, Management, Supervision and Dissolution of State-Owned Enterprises
On June 8, 2022, President Joko Widodo signed Government Regulation No. 23 of 2022 (“GR No. 23/2022”) on Amendments to Government Regulation No. 45 of 2005 (“GR No. 45/2005”) on The Establishment, Management, Supervision and Dissolution of State-Owned Enterprises. GR No. 23/2022 amends several provisions of GR No. 45/ 2005.
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Merger Reportability Analysis
Under Government Regulation Number 57 of 2010 and Indonesian Competition Authority (KPPU) Guidelines Number 02 of 2013, find out the criteria for determining whether a foreign merger conducted outside Indonesia is reportable under the current Indonesian merger control rule.
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