Jakarta, 13 October 2021 - In the Extraordinary General Meeting of Shareholders of PT Lippo Karawaci Tbk. (“LPKR”) which was held on October 13, 2021 in Jakarta, the Shareholders of the Company approved the agenda for the Change in the Composition of the Members of the Board of Directors and/or Board of Commissioners of the Company, as follows:
1. Accept the resignation of Tevilyan Yudhistira Rusli from his position as Director of the Company and accept the appointment of Phua Meng Kuan (Daniel Phua) as the new Director replacing Tevilyan Yudhistira Rusli effective from the closing of the Meeting until the end of the term of office of the Board of Directors at the closing of the Annual GMS in 2023.
2. Received the appointment of DR. Kartini Sjahrir as the new Independent Commissioner and Gita Irmasari as the new Director in the Company, effective from the closing of the Meeting until the end of the term of office of the Board of Directors at the closing of the Annual GMS in 2023.
Thus, the composition of the new members of the Board of Directors and Board of Commissioners of the Company until the closing of the Annual GMS in 2023 is as follows:\
Company's Board of Commissioners
Independent President Commissioner : John A. Prasetio
Independent Commissioner : Anangga W. Roosdiono
Independent Commissioner : DR. Kartini Sjahrir
Commissioner : Anand Kumar
Commissioner : Kin Chan
Commissioner : George Raymond Zage III
President Director : Ketut Budi Wijaya
Director : John Riady
Director : Marshal Martinus Tissadharma
Director : Surya Tatang
Director : Rudy Halim
Director : Dion Leswara
Director : M. Arif Widjaksono
Director: Phua Meng Kuan (Daniel Phua)
Director : Gita Irmasari
LPKR CEO John Riady said, “On behalf of the Board of Directors, I would like to express my gratitude and appreciation to Mr. Tevilyan Yudhistira Rusli who has made a significant contribution and extraordinary enthusiasm so far. I also congratulate Mrs. DR. Kartini Sjahrir as the new Independent Commissioner and Mrs. Gita Irmasari and Mr. Phua Meng Kuan (Daniel Phua) as the new Directors. With the current management team, we are optimistic that we can build LPKR into the largest real estate company in Indonesia and contribute to the Indonesian people's housing needs."
In Semester I/2021, LPKR's total revenue rose 36% YoY (year on year) to Rp7.23 trillion and EBITDA grew 102% to Rp1.95 trillion. Supported by strong pre-sales performance in Semester I/2021 which grew by 122% YoY and Q3/2021 performance which continues to show positive performance, LPKR raised its pre-sales target for 2021 to Rp4.2 trillion from the previous target of Rp3.5 trillion. This figure is up by 20% when compared to the target set at the beginning of 2021.
If the target is achieved, pre-sales in 2021 will increase by 7% YoY compared to pre-sales in 2020 of Rp.2.67 trillion. As of August 2021, LPKR has managed to book pre-sales of Rp3.1 trillion. This was obtained from the launch of affordable landed house products in Lippo Village and equally good sales to the Company's subsidiaries.
For more information please contact:
Danang Kemayan Jati
PT Lippo Karawaci, Tbk.