Topics Which Must Be Discussed During an Indonesian Company’s AGM
Although there are a countless number of topics that may be discussed during an AGM, there are some topics that are commonly discussed in an AGM.
1. Minutes of the Previous AGM
The previous AGM’s minutes are presented and approved accordingly before the agenda of the AGM to be held may take effect.
2. Financial Statements
The management of the company must present its annual financial statements that record the financial position and development of the company for the approval of the shareholders.
3. Rectification or Approval of the director’s actions
Shareholders are free to express their satisfaction with specific actions of the company’s directors over the past year. This may include the director’s remuneration report and policies, the appointment of auditors and the analysis of the remunerations of the company’s directors and auditors
4. Voting of New Directors
Relevant members, inclusive of shareholders of the company will be able to elect new directors if the need arises.
5. Dividends Payment
The dividends owed to shareholders and other concerning parties will be declared during the AGM.