- The AGMS approved the allocation of 11.73% of the Company’s 2024 net profit of IDR 1.07 trillion to mandatory reserves.
- The AGMS approved the Annual Report FY 2024, reflecting the Company’s commitment to transparency
- The AGMS also approved the appointment of Mr. Loh Kok Leong as Commissioner to further strengthen the Company’s governance structure.
Jakarta, 12 June 2025 – PT Daya Intiguna Yasa Tbk [the “Company” or “MR.D.I.Y. Indonesia”, IDX: MDIY] today held its inaugural Annual General Meeting of Shareholders (AGMS). During this, shareholders approved the allocation of 11.73% of the Company’s 2024 net profit of IDR 1.07 trillion to mandatory reserves, with the remaining 88.27% designated as retained earnings. The meeting also reviewed the realization of proceeds from the Company’s initial public offering (IPO), as of 31 December 2024, in compliance with OJK Regulation No. 30/POJK.04/2015.
The responsible allocation of net profit and the Annual Report FY 2024 conveyed and approved in the meeting reflect the Company’s prudent financial management and commitment to transparency. “With the trust placed in us at this inaugural AGMS, MR.D.I.Y. Indonesia will continue to build a solid foundation for sustainable growth. Guided by financial prudence, leadership excellence, and a measured expansion strategy, we are committed to delivering consistent value to our customers, partners, and stakeholders,” said Edwin Cheah, President Director of MR.D.I.Y. Indonesia.
The responsible allocation of net profit and the Annual Report FY 2024 conveyed and approved in the meeting reflect the Company’s prudent financial management and commitment to transparency. “With the trust placed in us at this inaugural AGMS, MR.D.I.Y. Indonesia will continue to build a solid foundation for sustainable growth. Guided by financial prudence, leadership excellence, and a measured expansion strategy, we are committed to delivering consistent value to our customers, partners, and stakeholders,” said Edwin Cheah, President Director of MR.D.I.Y. Indonesia.
Governance and Accountability
The AGMS granted authority to the Board of Commissioners to appoint an independent public accountant and audit firm with a global network and proven track record in auditing listed companies. This decision reinforces the Company’s focus on operational scalability and strategic governance.
Shareholders also granted full acquittal (acquit et de charge) to the Board of Directors and Board of Commissioners for their management and supervisory duties in 2024, as reflected in the audited consolidated financial statements—affirming MR.D.I.Y. Indonesia’s commitment to accountability and transparency.
New Commissioner Appointment
To further strengthen its governance structure, the AGMS approved the appointment of Mr. Loh Kok Leong as Commissioner. With over two decades of leadership experience—including his previous tenure as Partner and Managing Director at Boston Consulting Group (BCG)—Mr. Loh brings deep expertise in transformation, strategy, and business scaling across Southeast Asia.
“His extensive experience in transformation and strategic growth across the region will enhance our oversight capabilities and support a balanced, forward-looking approach to long-term expansion and value creation for all stakeholders,” said Edwin.
As the closing of the Company’s AGMS, the composition of the Board of Commissioners and the Board of Directors is as follows:
| BOARD OF COMMISIONERS | |
| President Commisioner: | Ong Chu Jin Adrian |
| Commisioner: | Darwin Cyril Nurhadi |
| Commisioner: | Loh Kok Leong |
| Independent Commissioner: | Istini Tatiek Siddharta |
| Independent Commissioner: | Loo Chong Peng |
| BOARD OF DIRECTORS | |
| President Director: | Edwin Cheah |
| Director: | Rika Juniaty Tanzil |
| Director: | Frida Herlina Marpaung |
| Director: | Hendra Kurniawan |
| Director: | Michael |
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About MR.D.I.Y.
MR.D.I.Y. is the largest home improvement retailer in Southeast Asia, with over 4,000 stores across Asia and Europe, including Malaysia, Thailand, Indonesia, Singapore, Brunei, the Philippines, Cambodia, Vietnam, India, Turkiye, Spain, and Poland. MR.D.I.Y. is dedicated to making a positive difference for valued customers by offering a convenient shopping experience in all its stores nationwide. All MR.D.I.Y. stores are managed directly by the company and collaborate with mall owners and other property owners. MR.D.I.Y. stores offer approximately 18,000 product varieties across 10 major categories, including household appliances, furnishing, electrical, stationery & sports equipment, hardwares, jewelry & cosmetics, and complementary categories such as toys, car accessories, and computer & handphone accessories. The Company strives to always put customers first by operating an innovative business that is flexible when it comes to providing a wide variety of products, good quality, and value-for-money, holding true to Company’s motto: "ALWAYS LOW PRICES."
MR.D.I.Y. is the largest home improvement retailer in Southeast Asia, with over 4,000 stores across Asia and Europe, including Malaysia, Thailand, Indonesia, Singapore, Brunei, the Philippines, Cambodia, Vietnam, India, Turkiye, Spain, and Poland. MR.D.I.Y. is dedicated to making a positive difference for valued customers by offering a convenient shopping experience in all its stores nationwide. All MR.D.I.Y. stores are managed directly by the company and collaborate with mall owners and other property owners. MR.D.I.Y. stores offer approximately 18,000 product varieties across 10 major categories, including household appliances, furnishing, electrical, stationery & sports equipment, hardwares, jewelry & cosmetics, and complementary categories such as toys, car accessories, and computer & handphone accessories. The Company strives to always put customers first by operating an innovative business that is flexible when it comes to providing a wide variety of products, good quality, and value-for-money, holding true to Company’s motto: "ALWAYS LOW PRICES."
| Media Contacts: | |
| Feby Budi Dayono | Eliza Viyantina |
| Sr. Manager Corporate Communications | Artemis Indonesia |
| MR.DIY Indonesia | eliza.viyantina@artemishub.id |
| feby.dayono@mrdiy.com |
