UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-06024
Aberdeen Indonesia Fund, Inc.
(Exact name of registrant as specified in charter)
1735 Market Street, 32nd Floor
Philadelphia, PA 19103
(Address of principal executive offices) (Zip code)
Lucia Sitar, Esq.
c/o Aberdeen Asset Management Inc
1735 Market Street, 32nd Floor
Philadelphia, PA 19103
(Name and address of agent for service)
Registrant’s telephone number, including area code: (800) 522-5465
Date of fiscal year end: December 31st
Date of reporting period: July 1, 2017 – June 30, 2018
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2017 TO JUNE 30, 2018
REGISTRANT NAME: Aberdeen Indonesia Fund
Name of Issuer of Portfolio Security |
| Exchange |
| CUSIP # |
| Shareholder |
| Summary of Matter Voted On |
| Who |
| Whether |
| Fund’s Vote |
| Whether |
PT XL Axiata Tbk |
| EXCL |
| Y7125N107 |
| 08/15/17 |
| Elect Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Hero Supermarket Tbk |
| HERO |
| Y7124H150 |
| 08/25/17 |
| Elect Ian Mcleod as Commissioners and Approve resignation of Graham Denis Allan |
| Issuer |
| Voted |
| For |
| For |
PT Bank Permata Tbk |
| BNLI |
| Y7125G128 |
| 09/26/17 |
| Elect Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Unilever Indonesia Tbk |
| UNVR |
| Y9064H141 |
| 10/18/17 |
| Elect Ira Noviarti as Director |
| Issuer |
| Voted |
| For |
| For |
PT Hero Supermarket Tbk |
| HERO |
| Y7124H150 |
| 10/30/17 |
| Elect Illaudin as Director |
| Issuer |
| Voted |
| For |
| For |
PT Multi Bintang Indonesia Tbk |
| MLBI |
| Y71318136 |
| 10/30/17 |
| Elect Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Bank OCBC NISP Tbk |
| NISP |
| Y71366168 |
| 11/01/17 |
| Elect Betti S. Alisjahbana as Commissioner |
| Issuer |
| Voted |
| For |
| For |
PT Astra International Tbk |
| ASII |
| Y7117N149 |
| 11/28/17 |
| Elect Sri Indrastuti Hadiputranto as Commisonner |
| Issuer |
| Voted |
| For |
| For |
PT Sepatu Bata tbk |
| BATA |
| Y7669C129 |
| 12/15/17 |
| Elect Inderpreet Singh as Directors and Rajeev Gopalakrishnan as Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Hero Supermarket Tbk |
| HERO |
| Y7124H150 |
| 02/01/18 |
| Approve Resignation of Mark Edward Magee as Director, Resignation of Jonathan Chang as Commissioner and Elect Rituraj Mohan as Director |
| Issuer |
| Voted |
| For |
| For |
PT Surya Citra Media Tbk |
| SCMA |
| Y7148M102 |
| 02/20/18 |
| Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights |
| Issuer |
| Voted |
| For |
| For |
PT XL Axiata Tbk |
| EXCL |
| Y7125N107 |
| 03/09/18 |
| Approve Financial Statements, Statutory Reports, and Discharge of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT XL Axiata Tbk |
| EXCL |
| Y7125N107 |
| 03/09/18 |
| Approve Allocation of Income and Omission of Dividends |
| Issuer |
| Voted |
| For |
| For |
PT XL Axiata Tbk |
| EXCL |
| Y7125N107 |
| 03/09/18 |
| Approve Tanudiredja, Wibisana, Rintis dan Rekan (Member of PricewaterhouseCoopers) Public Accountant as Auditor |
| Issuer |
| Voted |
| For |
| For |
PT XL Axiata Tbk |
| EXCL |
| Y7125N107 |
| 03/09/18 |
| Approve Remuneration of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT XL Axiata Tbk |
| EXCL |
| Y7125N107 |
| 03/09/18 |
| Approve Changes in the Board of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT XL Axiata Tbk |
| EXCL |
| Y7125N107 |
| 03/09/18 |
| Approve Issuance of Shares for the Implementation of the LTIP of the Company |
| Issuer |
| Voted |
| For |
| For |
PT Indo Tambangraya Megah Tbk |
| ITMG |
| Y71244100 |
| 03/23/18 |
| Accept Financial Statements and Annual Reports |
| Issuer |
| Voted |
| For |
| For |
PT Indo Tambangraya Megah Tbk |
| ITMG |
| Y71244100 |
| 03/23/18 |
| Approve Allocation of Income |
| Issuer |
| Voted |
| For |
| For |
PT Indo Tambangraya Megah Tbk |
| ITMG |
| Y71244100 |
| 03/23/18 |
| Approve Auditors |
| Issuer |
| Voted |
| For |
| For |
PT Indo Tambangraya Megah Tbk |
| ITMG |
| Y71244100 |
| 03/23/18 |
| Approve Remuneration of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Indo Tambangraya Megah Tbk |
| ITMG |
| Y71244100 |
| 03/23/18 |
| Approve Changes in Composition of Board of Commissioners and Board of Directors |
| Issuer |
| Voted |
| For |
| For |
PT Indo Tambangraya Megah Tbk |
| ITMG |
| Y71244100 |
| 03/23/18 |
| Accept Report on the Use of Proceeds from the Initial Public Offering |
| Issuer |
| Voted |
| For |
| For |
PT Bank Permata Tbk |
| BNLI |
| Y7125G128 |
| 03/27/18 |
| Approve Changes in Board of Company |
| Issuer |
| Voted |
| For |
| For |
PT Bank OCBC NISP Tbk |
| NISP |
| Y71366168 |
| 04/03/18 |
| Accept Annual Report |
| Issuer |
| Voted |
| For |
| For |
PT Bank OCBC NISP Tbk |
| NISP |
| Y71366168 |
| 04/03/18 |
| Approve Allocation of Income |
| Issuer |
| Voted |
| For |
| For |
PT Bank OCBC NISP Tbk |
| NISP |
| Y71366168 |
| 04/03/18 |
| Accept Report on the Use of Proceeds from Public Offering |
| Issuer |
| Voted |
| For |
| For |
PT Bank OCBC NISP Tbk |
| NISP |
| Y71366168 |
| 04/03/18 |
| Approve Bonus Issue |
| Issuer |
| Voted |
| For |
| For |
PT Bank OCBC NISP Tbk |
| NISP |
| Y71366168 |
| 04/03/18 |
| Approve Share Repurchase Program |
| Issuer |
| Voted |
| For |
| For |
PT Bank OCBC NISP Tbk |
| NISP |
| Y71366168 |
| 04/03/18 |
| Approve Increase in Authorized Capital |
| Issuer |
| Voted |
| For |
| For |
PT Bank OCBC NISP Tbk |
| NISP |
| Y71366168 |
| 04/03/18 |
| Approve Bank Action Plan (Recovery Plan) |
| Issuer |
| Voted |
| For |
| For |
PT Bank OCBC NISP Tbk |
| NISP |
| Y71366168 |
| 04/03/18 |
| Approve Auditors and Authorize Board to Fix Their Remuneration |
| Issuer |
| Voted |
| For |
| For |
PT Bank OCBC NISP Tbk |
| NISP |
| Y71366168 |
| 04/03/18 |
| Approve Changes in the Board of Directors and Commissioners and Approve Remuneration of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Approve Financial Statements, Statutory Reports, and Discharge of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Approve Allocation of Income |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Elect Vera Eve Lim as Director |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Approve Remuneration and Tantiem of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Approve Auditors |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Approve Interim Dividend |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Approve Bank Action Plan (Recovery Plan) |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Amend Articles of Association |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Approve Financial Statements, Statutory Reports, and Discharge of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Approve Allocation of Income |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Elect Vera Eve Lim as Director |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Approve Remuneration and Tantiem of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Approve Auditors |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Approve Interim Dividend |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Approve Bank Action Plan (Recovery Plan) |
| Issuer |
| Voted |
| For |
| For |
PT Bank Central Asia Tbk |
| BBCA |
| Y7123P138 |
| 04/05/18 |
| Amend Articles of Association |
| Issuer |
| Voted |
| For |
| For |
PT Astra Agro Lestari Tbk |
| AALI |
| Y7116Q119 |
| 04/10/18 |
| Accept Financial Statements and Statutory Reports |
| Issuer |
| Voted |
| For |
| For |
PT Astra Agro Lestari Tbk |
| AALI |
| Y7116Q119 |
| 04/10/18 |
| Approve Allocation of Income |
| Issuer |
| Voted |
| For |
| For |
PT Astra Agro Lestari Tbk |
| AALI |
| Y7116Q119 |
| 04/10/18 |
| Approve Changes in Board of Commissioners and Approve Remuneration of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Astra Agro Lestari Tbk |
| AALI |
| Y7116Q119 |
| 04/10/18 |
| Approve Auditors |
| Issuer |
| Voted |
| For |
| For |
PT Astra Agro Lestari Tbk |
| AALI |
| Y7116Q119 |
| 04/10/18 |
| Accept Report on the Use of Proceeds |
| Issuer |
| Voted |
| For |
| For |
PT United Tractors Tbk |
| UNTR |
| Y7146Y140 |
| 04/16/18 |
| Accept Financial Statements and Statutory Reports |
| Issuer |
| Voted |
| For |
| For |
PT United Tractors Tbk |
| UNTR |
| Y7146Y140 |
| 04/16/18 |
| Approve Allocation of Income |
| Issuer |
| Voted |
| For |
| For |
PT United Tractors Tbk |
| UNTR |
| Y7146Y140 |
| 04/16/18 |
| Approve Remuneration of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT United Tractors Tbk |
| UNTR |
| Y7146Y140 |
| 04/16/18 |
| Approve Auditors |
| Issuer |
| Voted |
| For |
| For |
PT Mandom Indonesia Tbk |
| TCID |
| Y7146B116 |
| 04/19/18 |
| Accept Financial Statements, Annual Report and Commissioners’ Report |
| Issuer |
| Voted |
| For |
| For |
PT Mandom Indonesia Tbk |
| TCID |
| Y7146B116 |
| 04/19/18 |
| Approve Allocation of Income |
| Issuer |
| Voted |
| For |
| For |
PT Mandom Indonesia Tbk |
| TCID |
| Y7146B116 |
| 04/19/18 |
| Elect Directors and Commissioners |
| Issuer |
| Voted |
| Abstain |
| Against |
PT Mandom Indonesia Tbk |
| TCID |
| Y7146B116 |
| 04/19/18 |
| Approve Remuneration of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Mandom Indonesia Tbk |
| TCID |
| Y7146B116 |
| 04/19/18 |
| Approve Auditors |
| Issuer |
| Voted |
| For |
| For |
PT Mandom Indonesia Tbk |
| TCID |
| Y7146B116 |
| 04/19/18 |
| Approve Change Location of Company |
| Issuer |
| Voted |
| For |
| For |
PT Bank Permata Tbk |
| BNLI |
| Y7125G128 |
| 04/24/18 |
| Approve Financial Statements, Statutory Reports, and Discharge of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Bank Permata Tbk |
| BNLI |
| Y7125G128 |
| 04/24/18 |
| Approve Allocation of Income |
| Issuer |
| Voted |
| For |
| For |
PT Bank Permata Tbk |
| BNLI |
| Y7125G128 |
| 04/24/18 |
| Approve Auditors and Authorize Board to Fix Their Remuneration |
| Issuer |
| Voted |
| For |
| For |
PT Bank Permata Tbk |
| BNLI |
| Y7125G128 |
| 04/24/18 |
| Approve Changes in Board of Directors, Commissioners and Sharia Supervisory Board |
| Issuer |
| Voted |
| For |
| For |
PT Bank Permata Tbk |
| BNLI |
| Y7125G128 |
| 04/24/18 |
| Approve Remuneration of Directors, Commissioners and Sharia Supervisory Board Members |
| Issuer |
| Voted |
| For |
| For |
PT Bank Permata Tbk |
| BNLI |
| Y7125G128 |
| 04/24/18 |
| Approve Bank Action Plan (Recovery Plan) |
| Issuer |
| Voted |
| For |
| For |
PT Bank Permata Tbk |
| BNLI |
| Y7125G128 |
| 04/24/18 |
| Accept Report on the Use of Proceeds From Public Offering |
| Issuer |
| Voted |
| For |
| For |
PT Astra International Tbk |
| ASII |
| Y7117N149 |
| 04/25/18 |
| Accept Financial Statements and Statutory Reports |
| Issuer |
| Voted |
| For |
| For |
PT Astra International Tbk |
| ASII |
| Y7117N149 |
| 04/25/18 |
| Approve Allocation of Income |
| Issuer |
| Voted |
| For |
| For |
PT Astra International Tbk |
| ASII |
| Y7117N149 |
| 04/25/18 |
| Approve Changes in the Board of Company and Approve Remuneration of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Astra International Tbk |
| ASII |
| Y7117N149 |
| 04/25/18 |
| Approve Auditors |
| Issuer |
| Voted |
| For |
| For |
Jardine Cycle & Carriage Limited |
| C07 |
| Y43703100 |
| 04/26/18 |
| Adopt Financial Statements and Directors’ and Auditors’ Reports |
| Issuer |
| Voted |
| For |
| For |
Jardine Cycle & Carriage Limited |
| C07 |
| Y43703100 |
| 04/26/18 |
| Approve Final Dividend |
| Issuer |
| Voted |
| For |
| For |
Jardine Cycle & Carriage Limited |
| C07 |
| Y43703100 |
| 04/26/18 |
| Approve Directors’ Fees |
| Issuer |
| Voted |
| For |
| For |
Jardine Cycle & Carriage Limited |
| C07 |
| Y43703100 |
| 04/26/18 |
| Elect Lim Hwee Hua as Director |
| Issuer |
| Voted |
| For |
| For |
Jardine Cycle & Carriage Limited |
| C07 |
| Y43703100 |
| 04/26/18 |
| Elect Alexander Newbigging as Director |
| Issuer |
| Voted |
| For |
| For |
Jardine Cycle & Carriage Limited |
| C07 |
| Y43703100 |
| 04/26/18 |
| Elect Anthony Nightingale as Director |
| Issuer |
| Voted |
| For |
| For |
Jardine Cycle & Carriage Limited |
| C07 |
| Y43703100 |
| 04/26/18 |
| Elect Michael Kok as Director |
| Issuer |
| Voted |
| For |
| For |
Jardine Cycle & Carriage Limited |
| C07 |
| Y43703100 |
| 04/26/18 |
| Elect Boon Yoon Chiang as Director |
| Issuer |
| Voted |
| For |
| For |
Jardine Cycle & Carriage Limited |
| C07 |
| Y43703100 |
| 04/26/18 |
| Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration |
| Issuer |
| Voted |
| For |
| For |
Jardine Cycle & Carriage Limited |
| C07 |
| Y43703100 |
| 04/26/18 |
| Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights |
| Issuer |
| Voted |
| Against |
| Against |
Jardine Cycle & Carriage Limited |
| C07 |
| Y43703100 |
| 04/26/18 |
| Authorize Share Repurchase Program |
| Issuer |
| Voted |
| For |
| For |
Jardine Cycle & Carriage Limited |
| C07 |
| Y43703100 |
| 04/26/18 |
| Approve Mandate for Interested Person Transactions |
| Issuer |
| Voted |
| For |
| For |
PT Hanjaya Mandala Sampoerna Tbk |
| HMSP |
| Y7121Z146 |
| 04/27/18 |
| Accept Financial Statements and Statutory Reports |
| Issuer |
| Voted |
| For |
| For |
PT Hanjaya Mandala Sampoerna Tbk |
| HMSP |
| Y7121Z146 |
| 04/27/18 |
| Approve Allocation of Income |
| Issuer |
| Voted |
| For |
| For |
PT Hanjaya Mandala Sampoerna Tbk |
| HMSP |
| Y7121Z146 |
| 04/27/18 |
| Approve Tanudiredja, Wibisana, Rintis & Rekan (a Member of the PricewaterhouseCoopers Network of Firms) as Auditors |
| Issuer |
| Voted |
| For |
| For |
PT Hanjaya Mandala Sampoerna Tbk |
| HMSP |
| Y7121Z146 |
| 04/27/18 |
| Approve Changes in Boards of Company |
| Issuer |
| Voted |
| For |
| For |
PT Telekomunikasi Indonesia Tbk |
| TLKM |
| Y71474137 |
| 04/27/18 |
| Accept Annual Report and Commissioners’ Report |
| Issuer |
| Voted |
| For |
| For |
PT Telekomunikasi Indonesia Tbk |
| TLKM |
| Y71474137 |
| 04/27/18 |
| Accept Financial Statements. Report of the Partnership and Community Development Program (PCDP) and Discharge of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Telekomunikasi Indonesia Tbk |
| TLKM |
| Y71474137 |
| 04/27/18 |
| Approve Allocation of Income |
| Issuer |
| Voted |
| For |
| For |
PT Telekomunikasi Indonesia Tbk |
| TLKM |
| Y71474137 |
| 04/27/18 |
| Approve Remuneration and Tantiem of Directors and Commissioners |
| Issuer |
| Voted |
| For |
| For |
PT Telekomunikasi Indonesia Tbk |
| TLKM |
| Y71474137 |
| 04/27/18 |
| Appoint Auditors of the Company and the Partnership and Community Development Program (PCDP) |
| Issuer |
| Voted |
| For |
| For |
PT Telekomunikasi Indonesia Tbk |
| TLKM |
| Y71474137 |
| 04/27/18 |
| Approve Transfer of Treasury Shares through Withdrawal by Way of Capital Reduction |
| Issuer |
| Voted |
| For |
| For |
PT Telekomunikasi Indonesia Tbk |
| TLKM |
| Y71474137 |
| 04/27/18 |
| Amend Articles of Association |
| Issuer |
| Voted |
| Abstain |
| Against |
PT Telekomunikasi Indonesia Tbk |
| TLKM |
| Y71474137 |
| 04/27/18 |
| Approve Enforcement of the State-Owned Minister Regulation No. PER-03/MBU/08/2017 and PER-04/MBU/09/2017 |
| Issuer |
| Voted |
| For |
| For |
PT Telekomunikasi Indonesia Tbk |
| TLKM |
| Y71474137 |
| 04/27/18 |
| Approve Changes in Board of Company |
| Issuer |
| Voted |
| Abstain |
| Against |
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Registrant: Aberdeen Indonesia Fund, Inc. | ||
| ||
| ||
By (Signature and Title): | /s/ Christian Pittard |
|
| Christian Pittard | |
| President | |
|
| |
|
| |
Date: July 2, 2018 |
| |
