The company known as the largest heavy equipment distributor in Indonesia, PT United Tractors, Tbk (UT) again held the Annual General Meeting of Shareholders (AGMS) on Friday (08/4). The meeting, which was held at the Catur Dharma Hall, Menara Astra, Jakarta, decided several things.
First ; approve and accept the Company's Annual Report for the 2021 Fiscal Year including ratifying the Supervisory Report of the Company's Board of Commissioners. Then ratify the Consolidated Financial Statements of the Company and its Subsidiaries for the 2021 Fiscal Year which has been audited by the Public Accounting Firm of Tanudiredja, Wibisana, Rintis & Partners as stated in its report dated February 21, 2022 with a fair opinion in all material respects.
Second , to approve the use of the Company's consolidated net profit which reached Rp10.3 trillion. The details of the dividend are cash dividends of Rp1,240 per share or a total of Rp4.6 trillion. This includes an interim dividend of IDR 335 per share or a total of IDR 1.2 trillion which was paid on October 22, 2021. So the remaining IDR 905 per share or a total of IDR 3.4 trillion will be distributed to the Shareholders of the Company whose names are recorded in the Register of Shareholders. Shares of the Company on April 21, 2022 at 16:00 WIB. This dividend will be paid to the Company's Shareholders on May 11, 2022. The remainder will be recorded as retained earnings.
Third ; grant power and authority to the Company's Board of Commissioners to determine the salaries and allowances of members of the Board of Directors, taking into account the recommendations of the Company's Nomination and Remuneration Committee. Then determine the provision of salary or honorarium and allowances for the Company's Board of Commissioners for the term of office 2022-2023.
Fourth; appointing the Public Accounting Firm of Tanudiredja, Wibisana, Rintis & Rekan which is a public accounting firm registered with the OJK, to audit the Consolidated Financial Statements of the Company and its Subsidiaries for the fiscal year 2022. And Fifth; approved the adjustment of the Classification of the Company's Business Activities with the Standard Classification of Indonesian Business Fields 2020 in accordance with the provisions of the Central Statistics Agency Regulation Number 2 of 2020 concerning the Standard Classification of Indonesian Business Fields.
For information, PT United Tractors Tbk (UT) has become a public company and has been established since 1972. Currently, UT has developed and has six business pillars, namely Construction Machinery, Mining Contracting, Coal Mining, Gold Mining, Construction Industry and Energy
