On May 11, 2018, Downstream Regulatory Agency for Oil and Gas (BPH Migas) together with the Directorate General of Oil and Gas and the Regent of Lampung Barat, inaugurated SPBKB AKR Way Tenong, West Lampung District, as the Distribution Agency of One Petroleum Price Policy.
PT AKR Corporindo Tbk, held the Annual General Meeting of Shareholders ("AGMS") for financial year 2017 today at Merchantile Athletic Club, Jakarta.
PT AKR Corporindo Tbk reported robust revenue growth of 34% Y/Y from Rp 4,341 bn in 1Q17 to Rp 5,834 bn in 1Q18, with growth seen in both petroleum and basic chemical businesses. AKRA also reported net profit attributable to equity holders of parent entity at Rp 929 bn in 1Q18 compared to Rp258 bn in 1Q17.
NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
PT AKR Corporindo Tbk ("AKRA") reported that the Company's subsidiaries, PT. Anugrah Karya Raya ("Anugrah") and PT. Business Era Pratama Nusantara ("UEPN") as the shareholders of PT. Bumi Karunia Pertiwi ("BKP"), have signed shareholder resolution regarding to the divestment of BKP.