JAKARTA - PT Dewata Freighinternational Tbk (DEAL) failed to come to a decision regarding several agendas listed in the Annual General Meeting of Shareholders last Monday (17/7) as it was only attended by shareholders representing 28.43% of the total 1.14 billion shares.

The information received by IDNFinancials today (20/7) shows that this logistics issuer failed to obtain approval from its shareholders over five planned agendas. The meeting agendas include the approval of 2022 financial report, profit utilisation, public accountant appointment, honorarium for boards of directors and commissioners of DEAL, as well as change in the boards of directors and commissioners of DEAL.

As of June 2023, DEAL's shareholder structure consists of PT Bimada Paramita of 28.42% and the public of 71.58%.

Since 2020, DEAL's revenue has increased and the company managed to cut down its losses. In 2020, DEAL booked revenue of IDR 71.14 billion, then shifting to IDR 86.03 billion in 2021, even further to IDR 90.82 billion in 2022. The loss was recorded at IDR 51.69 billion in 2020, before going down to IDR 28.40 billion in 2021 and IDR 13.07 billion in 2022. (LK/ZH)