Monday, 16 February 2009
After the foreign investment company is established (“PT PMA”), where the Deed of Established (“DoE”) has been approved by Ministry of Laws and Human Rights, PT PMA shall take corporate actions. First meetings of Shareholders, Directors and Commissioners shall be held. The General Meeting of Shareholders (“GMS”) should confirm the appointment of the members of Board of Commissioners (“BoC”) and Board of Directors (“BoD”). GMS together with BoD and BoC ratify all actions taken in PT PMA’s name prior to Ministry of Laws and Human Rights approval of the DoE. Moreover, the Share Certificates, the Share Registry and the Special Register shall be prepared too.
Posted by Kusnandar & Co. at 03:01