Jakarta, April 25, 2025 - PT WIJAYA KARYA (Persero) Tbk (WIKA) held an Annual General Meeting of Shareholders (AGMS) for the 2024 Financial Year on Friday, April 25, 2025 at the Multipurpose Room, WIKA Tower 2, 17th Floor, East Jakarta. The meeting was attended by shareholders, Board of Commissioners, Board of Directors, and other stakeholder representatives.
In its report, throughout 2024 WIKA managed to record important achievements in strengthening financial performance. The company managed to reduce the Company's debt through the repayment of trade payables amounting to IDR3.29 trillion, as well as IDR1.18 trillion in bond / sukuk debt. This step shows WIKA's commitment to continue to carry out financial restructuring and maintain stakeholder confidence.
The AGMS also succeeded in making strategic decisions for the Company and approving the Company's performance report throughout 2024, which was carried out in seven agenda items in accordance with the AGMS invitation that was submitted to shareholders on March 27, 2025.
Some of the agendas in the AGMS include Approval of the Company's Annual Report including the Board of Commissioners Supervisory Report and ratifying the Consolidated Financial Statements and Financial Statements of the Micro and Small Business Funding Program (PUMK) for the Financial Year 2024. On the same occasion, the shareholders also approved the granting of full release and discharge (volledig acquit et de charge) to the Board of Directors for management actions and to the Board of Commissioners for supervisory actions during the 2024 financial year.
In addition, the shareholders also approved the appointment of a Public Accountant and/or Public Accounting Firm to audit the Company's Consolidated Financial Statements and PUMK's Financial Statements for Financial Year 2025. The Meeting also decided on the determination of salaries, honorarium, facilities and allowances for the Board of Directors and Board of Commissioners for Financial Year 2025, as well as tantiem or incentives for performance in Financial Year 2024.
Reports on the realization of the use of additional State Capital Participation (PMN) funds and funds from the Capital Increase with Pre-emptive Rights II (PMHMETD II) until the end of 2024 were also reported at the AGMS. The meeting also approved changes in the use of PMN funds, which are part of PMHMETD II, as an adjustment to the dynamics of working capital needs for the completion of national strategic projects.
As a form of alignment with the latest provisions and strengthening the organizational structure, the AGMS also ratified the amendments to the Company's Articles of Association, as well as approved changes in the composition of the company's management.
The composition of WIKA's Board of Commissioners and Board of Directors approved at the AGMS is as follows:
Board of Commissioners
President Commissioner: Jarot Widyoko
Independent Commissioner: Suryo Haproso Tri Utomo
Independent Commissioner : Adityawarman
Independent Commissioner : Rusmanto
Independent Commissioner : Harris Arthur Hedar
Commissioner: Firdaus Ali
Board of Directors
President Director: Agung Budi Waskito
Director of Operations I: Hananto Aji
Director of Operations II: Harum Akhmad Zuhdi
Finance Director: Adityo Kusumo
Director of Human Resource Management and Transformation: Hadjar Seti Adji
Director of Risk Management and Legal: Sumadi
The 2024 AGMS marks WIKA's commitment to continuously strive to improve transparency, accountability and business sustainability through collective and strategic decision making. With the support of shareholders, WIKA is ready to face challenges and opportunities in 2025 with the spirit of sustainable transformation.