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Resigning Managing Director, Hary Tanoesoedibjo Intervening to Lead MNC

Jakarta

PT Media Nusantara Citra Tbk (MNCN) received David Fernando Audy’s resignation letter from the position of president director of the company.

With the approval of the board of commissioners and shareholders, the resignation was approved as announced in the disclosure of information on the Indonesia Stock Exchange (BEI), quoted on Friday (8/1/2021).

“That the Board of Commissioners and the majority shareholder of the Company have agreed to the resignation of Mr. David Fernando Audy effective from January 5, 2021,” said the statement signed by the Director of MNCN Ruby Panjaitan.

At the same time, Hary Tanoesoedibjo appointed as Acting Managing Director of MNCN. So far, it is known that Hary Tanoe does not directly control his business as the head of the company. He is the Executive Chairman of the MNC Group.

However, for David Fernando’s resignation, Hary Tanoe went directly to lead one of the MNC Group’s business units, namely MNC.

“Appointing Mr. Hary Tanoesoedibjo as Acting President Director of the Company until the decision of all shareholders in the forum of the Company’s upcoming Extraordinary General Meeting of Shareholders,” added Ruby.

(toy/dna)

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