Summary by Futu AI
First Pacific Limited will hold an online shareholder meeting on August 22, 2024, through the electronic system at its Hong Kong headquarters. The meeting will consider and vote on the share purchase agreement between PT Margautama Nusantara, PT Metro Pacific Tollways Indonesia Services, and its investment holding company WIPL with PT Jasa Marga (Persero) Tbk. The agreement includes First Pacific Investment Group's purchase of PT Jasamarga Transjawa Tol shares, which account for approximately 18.0% of the target company's expanded capital, at a total price of 8.11575 trillion Indonesian rupiahs. In addition, MPTIS will purchase KKJM's stake in the target company, representing approximately 0.9% at a total price of 425 billion Indonesian rupiahs, and subscribe to new shares, representing approximately 5.6% at a total price of 2.5 trillion Indonesian rupiahs. The shareholder meeting will also consider shareholder agreements and authorize the board of directors to take necessary actions on investment matters. Shareholders may appoint representatives to participate in the voting through a proxy appointment form, which must be submitted before August 20, 2024.