Shareholders Approve the All Agenda at CUAN’s First GMS

Jakarta, 19 June 2023

PT Petrindo Jaya Kreasi Tbk (CUAN) held its first Annual General Meeting of Shareholders (AGMS) and Extraordinary General Meeting of Shareholders (EGMS) where the majority of shareholders approved all agenda items discussed at the two meetings. At the meeting chaired by the Independent Commissioner, Henky Susanto, Management announced a substantial increase in performance in the 2022 financial year due to rising world commodity and oil prices, as well as an increase in the coal sales volume of its subsidiary, PT Tamtama Perkasa (TP). 

However, the Company is still aware of the uncertainty of global economic conditions, which are influenced by geopolitical conditions and soaring inflation. In the future, the Company will focus on maintaining business continuity and operational excellence to maintain solid financial resilience. On this occasion, the Company also reported the Realization of the Use of Funds from the Initial Public Offering (IPO) that was carried out in early 2023.