Articles of Association

Articles of Association

PT SMART Tbk was established on June 18, 1962 based on Notarial Deed No. 67 of Raden Kadiman, S.H., public notary in Jakarta. The Deed of Establishment was approved by the Ministry of Justice of the Republic of Indonesia (currently the Ministry of Law and Human Rights of The Republic of Indonesia) in its Decision Letter No. J.A.5/115/3 dated August 29, 1963 and was published in the State Gazette of the Republic of Indonesia No. 83 dated October 15, 1963, Supplement No. 570. In 1970, the company obtained approval from the State Ministry of Economy, Finance and Industry based on its Decree No. KEP/41/MEKUIN/7/1970 dated July 15, 1970 to change the company’s status to a Foreign Investment company (PMA) within the framework of the Foreign Investment Law No. 1 Year 1967. Subsequently, based on the Letter of Approval No. 06/V/1985 dated March 28, 1985 of the Investment Coordinating Board, the company changed its status from a Foreign Investment Company to a Domestic Investment company.

The Company’s Articles of Association have been amended several times, the latest of which are:

  • Based on Notarial Deed No. 25 dated July 29, 2020 of M. Nova Faisal, SH., M.Kn, public notary in Jakarta, in order to comply with the Head of Central Statistics Agency Regulation No. 19 Year 2017 regarding the Amendment to the Head of Central Statistics Agency Regulation No. 95 Year 2015 on Standard Classification of Indonesian Business Field; and Financial Services Authority Regulation No. 15/POJK.04/2020 regarding Planning and Holding of the General Meeting of Shareholders of Public Listed Companies; and Financial Services Authority Regulation No. 16/POJK.04/2020 regarding the Implementation of the Electronic General Meeting of Shareholders of Public Listed Companies; as well as recomposing the entire Articles of Association of the company.  The amendment has been reported, accepted and recorded in the System Administration database of the Department of Law and Human Rights of the Republic of Indonesia based on Letter of Receipt of Amendment Notification No. AHU-AH.01.03-0352702 dated August 18, 2020 and has been registered in the Company Register under No. AHU-0135345.AH.01.11 Year 2020 dated 18 August 2020. Download the related Company’s Articles of Association.
  • Based on Notarial Deed No. 08 dated June 6, 2022 of Mochamad Nova Faisal, S.H., M.Kn., public notary in South Jakarta, regarding the amendment to the Company’s Articles of Association in order to adjust Article 3 of the Company’s Articles of Association regarding Purpose, Objectives and Business Activity with the Indonesian Standard Classification of Business Fields 2020. The amendment has obtained approval from the Minister of Law and Human Rights of the Republic of Indonesia in accordance with his decree under No. AHU-0038656.AH.01.02 Year 2022 dated June 8, 2022 and has been registered in the Company Register under No. AHU-0106584.AH.01.11 Year 2022 dated June 8, 2022.  Download the related Notarial Deed.
  • Based on Notarial Deed No. 28 dated June 22, 2023 of Mochamad Nova Faisal, S.H., M.Kn., public notary in South Jakarta, regarding the amendment to the Company’s Articles of Association on Article 3 of the Company’s Article of Association regarding Purpose, Objective and Business Activity of the Company in order to add the Standard Classification of Indonesian Business Field with no change to the Company’s main business activities; and Article 26 of the Company’s Article of Association regarding the elimination of the obligation of financial statement announcement in national newspapers in Bahasa Indonesia in order to adapt with the Financial Services Authority Regulation Number 14/POJK.04/2022 regarding the Submission of Periodic Financial Reports of Issuers or Public Companies. The amendment has obtained approval from the Minister of Law and Human Rights of the Republic of Indonesia in accordance with his decree under No. AHU-0035764.AH.01.02 Year 2023 dated June 23, 2023 and has been registered in the Company Register under No. AHU-0118430.AH.01.11 Year 2023 dated June 23, 2023.  Download the latest Notarial Deed.