News Update
Friday, 23 Jul 2021
Jakarta, July 23, 2021. Conducted by complying with all Covid-19 health protocols, PT Bank JTrust Indonesia Tbk (J Trust Bank) held an Annual General Meeting of Shareholders (AGMS). One of the decisions at the AGMS was the approval of the company's plan to conduct additional capital with Pre-emptive Rights (PMHMETD).
This PMHMETD is part of J Trust Bank's strategic plan to strengthen capital so that J Trust Bank can perform its intermediation function more optimally. J Trust Co., Ltd. as the main shareholder and all other shareholders fully support J Trust Bank in maintaining a strong capital structure to achieve sustainable growth.
The shareholders have approved the PMHMETD with a maximum of 4,665,700,000 shares with a nominal value of Rp 100,- per share. The AGMS agreed to increase the authorized capital of the Company to IDR 20 trillion. In addition, the AGMS has also approved several agendas including the 2020 annual report and the financial statement also approved the reappointment of the Board of Directors.
J Trust Bank would like to express its deepest gratitude for the contributions from the shareholders and the entire Board of Directors and Commissioners. We realized that year 2021 is full of challenges and uncertainties, as a commitment J Trust Bank will continue to prioritize customer needs, develop a credit portfolio selectively with prudence, and maintain adequate liquidity conditions to continue to meet customer needs and make a positive contribution for the community and society.
