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" The Company utilizes the area of land it owns and continues to increase its productivity, supported by reliable and competent human resources. This strategy is able to improve efficiency in all business processes, as well as maximize the Company’s profitability in the midst of an unfavourable business climate in 2020."

Establishment and General Information


PT Provident Agro Tbk (the "Company") was established based on Deed of Establishment No. 4 dated 2 November 2006 made before Darmawan Tjoa, S.H., S.E., Notary in Jakarta. The Deed was ratified by the Minister of Law and Human Rights of the Republic of Indonesia pursuant to Decree No. W-7-02413 HT.01.01-TH.2006 dated 13 November 2006.

Based on Deed No.18 dated 8 August 2008, made before Francisca Susi Setiawati, S.H., Notary in Jakarta, the Company's articles of association has been conformed with law No. 40 Year 2007 pertaining to Limited Liability Companies. The Deed was approved by Minister of Law and Human Rights of the Republic Indonesia pursuant to decree No. AHU-58961.AH.01.02 Year 2008 dated 4 September 2008.

The Company's Articles of association has been amended several times, most recently by the Deed No. 159 dated 30 July 2020, made before Notary Jose Dima Satria, SH, MKn, in Jakarta regarding amendments to Article 3 of the Company’s Articles of Association. This deed has been approved by the Minister of Law and Human Rights of the Republic of Indonesia as stated in Decree No. AHU-0056744.AH.01.02.Year 2020, dated 18 August 2020.