HANDSOME OJEG HANDYMAN

The merger of two companies

"Today a long and very tiring journey will be taken by Four people among his two bodyguards and friends of the late Mr. Ismail to the southern coast

"Dual men who were in front of the luxury car seat was only focused on his foresight while two more people who sat in the back seat occasionally glanced at the car glass to see the atmosphere the road that brought him to the southern coast of Sindang barang Cianjur.

"After the big event, the young master of the two largest companies in Southeast Asia ordered Cok Ben to stay at his Mansion at once to discuss plans for the future.

"With Grandpa and Grandma returned to the Mansion in the city of Jogja Right on the side of the road of the city of gudeg, because almost two months left the Mansion and all held a meeting by Grandpa Abdullah for his resignation from his company and has been acquired to his Granddaughter who is still kept secret by Grandpa Abdullah and others.

The departure of Grandpa and Grandma with Uncle Alex and several trained bodyguards among them 10 white tiger members and the head of the white tiger, Ujang Suparman on the orders of young Master Harsya.

"That time after three days from the inauguration of the young master became the owner of the largest company in Southeast Asia, precisely at the Headquarters Anugerah Zahra Group, which is beside the terminal of the village of rambutan.

"The night before the departure of Cok Ben with two women who helped him go to carry out his mission when the young Lord told to pit Antara Genk Kobra with the people of the company GELORA BUANA GROUP.

Young master Harsya with Cok Ben and several bodyguards from the Anugrah Zahra group, namely Maman Tomato, Iwan kupluk, and the legal advocate of the company owned by his father, Mr. Sugianto and his present owner of the company GELORA BUANA GROUP at the invitation of Mr. Young Harsya as his nephew Elisabeth Ardana. To talk about the company owned by his grandfather who already belongs to the young master to be united with his father's company with one name, with one name, in addition, the young master also discussed the request from his grandmother to help his best friend, Elisabeth Ardana, to free his two sons who were detained by GELORA BUANA GROUP office people who betrayed and asked the company's reward belongs to that woman.

"Welcome young master" they said simultaneously.

"Thank you and please sit down again" said the young man called the young master.

"Young master before him I beg you to ask? actually there is something so that the young master held a sudden meeting and only a few people were told to face the headquarters of the Anugerah Zahra group" ask a middle-aged man who has legal power in his company.

"Mr Sugianto please sit down first I will discuss everything," said the young man kindly invited to sit together with the others.

"Good night Mr and Mrs Madam who I respect and please look forward to holding this impromptu meeting, Mr. Sugianto, Kak Maman Kak Iwan Abang Ucok and Beni and Aunt Elisabeth Ardana and Lestari Ardana, who were here before I started the conversation, maybe you all ask me why I asked you to attend tonight at the headquarters of Anugerah Zahra group and only a few people.

"Before I had called to Uncle Suhardi and important people to hold a meeting with all of you, why are the important people of the company Anugrah Zahra group not involved in this meeting, he said, because of one reason that I have kept in my heart for a while, they all understand my way of mind....!

"Look at Mr. Sugianto and you two brother Maman and Iwan, maybe you already know that my grandfather's company is already mine and I intend to merge the company XFRES GROUP and ANUGRAH ZAHRA GROUP into one company and into one of the largest companies in Asia.

"Mr Sugianto stood up and bowed respectfully then permission to ask, while sitting back down...!

"The handsome young man called Young Master nodded and replied, Please Mr. Sugianto.

"Look up young master to merge two companies into one company.

The basic difference between Mergers and Acquisitions is that mergers are mergers that are done by merging and combining their operational activities into a single entity, acquisition is the purchase of assets of another company or by acquiring a share ownership of another company more than 51%, so that both companies still have their own identity. Both of these processes are considered effective to improve capabilities so that they will increase efficiency, instant growth, and market expansion. In addition, indirectly by reducing business competition with other companies and eliminating monopolistic practices or other unfair business competition.

In the process, to avoid things that harm the company in doing legal actions of mergers, to avoid things that harm the company, so the company first checks and sees whether the merger process carried out by a company is correct and does not conflict with the applicable laws and regulations and the articles of association or not.

The Board of Directors Develops the Plan of the Merger

The plan of merger (merger) if it has received approval from the Board of Commissioners of each company submitted to their respective GMS for approval. In Article 123 of the Limited Liability Company Law, Things that will be discussed include the estimated period of implementation of the merger, the name and position of each party, among others, procedures for the assessment and conversion of shares of companies that combine themselves, financial statements for the last 3 years, proforma balance sheets, to the names of members of the Board of Directors and Board of Commissioners and salaries, and, honorarium and allowances for members of the Board of Directors and Board of Commissioners of companies receiving the Merger, and several other matters.

Requesting General Meeting of Shareholders (GMS) Approval

After the Board of Commissioners approves, the next step is to conduct the GMS. The approval of the GMS related to the legal actions of the merger was decided through consensus deliberations. But if it does not reach an agreement in the consensus deliberations, the approval of the GMS is done by paying attention to Article 89 of the Limited Liability Company Law, which is 3/4 (three quarters) part of the total number of all shares with voting rights is present, In the event that the attendance quorum referred to in paragraph (1) is not reached, a second GMS may be held. The second GMS as referred to in paragraph (2) is valid and entitled to make a decision if at least 2/3 (two thirds) share of the total number of all shares with voting rights present or represented in the GMS and the decision is valid if approved by at least 3/4 (three-quarters) share of the number of votes cast.

Making a Merger Deed in Notary

Article 128 of the Limited Liability Company Law mentions Draft I which has been approved by the GMS further outlined in the deed of incorporation (merger) made in the presence of a Notary with Indonesian Language.

Obligations of the Board of Directors to Announce Mergers in newspapers or television and other media within a period of no later than 30 (thirty) days from the date of entry into force of the Merger or Melting.

"Once you are young" said Mr. Sugianto explained all if you want to merge two companies into one company.

Seriate.