2020 ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
A.2.3

Right to participate in decisions concerning fundamental corporate changes. Do shareholders have the right to participate in:

The transfer of all or substantially all assets, which in effect results in the sale of the company?

Response

YES. The stockholders were sufficiently informed and have given the right to participate in major decisions concerning corporate changes such as extraordinary transactions, including the transfer of all or substantially all assets that in effect result in the sale of the company. The rights of the stockholders are stated in the Company’s Manual on Corporate Governance. 

 

We respect and uphold our shareholders’ right to participate, be informed and vote on fundamentally important matters during our ASM.                                            
 

 

Good Governance Department

Joseph D. Susa
Tel: (+632) 8888-3942
Email: [email protected]