Document background
The Pre-Emption Rights Shareholders Agreement is a crucial document for Indonesian companies (PT entities) where shareholders wish to maintain control over the ownership structure and prevent unwanted third parties from entering the shareholder group. This agreement is particularly important in the Indonesian business context, where companies must comply with specific regulatory requirements under Law No. 40 of 2007 and related regulations. The document outlines the process for share transfers, establishes pre-emptive rights for existing shareholders, and includes provisions for share valuation, approval mechanisms, and dispute resolution. It is commonly used in joint ventures, family businesses, and companies with multiple shareholders, providing protection for both majority and minority shareholders while ensuring compliance with Indonesian corporate law requirements.
