Login | Thursday, 20 January 2022 |

Media Release


MedcoEnergi Results of Annual General Meeting of Shareholders

Jakarta, 26 August 2021 – PT Medco Energi Internasional Tbk ("MedcoEnergi" or the "Company") held its Annual General Meeting of Shareholders (AGMS) on August 26, 2021.

As well as the customary AGMS agenda items, shareholders approved resolutions for a Pre-Emptive Rights Issue and a new issue of USD Notes, both to support the Company’s growth agenda. Shareholders also approved the appointment of Ibu Yani Panigoro as Chair of the Company’s Board of Commissioners.

Hilmi Panigoro, President Director of MedcoEnergi said, "We weathered a challenging year with discipline, resilience and flexibility. The Board of Directors greatly appreciates the trust and confidence of MedcoEnergi shareholders, lenders and other stakeholders and extends its gratitude to the Board of Commissioners for their supervision and guidance.”