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Jreng! Subsidiary of MIND-ID EGMS in Congregation, Change of Directors?

Jakarta, CNBC Indonesia – State-owned mining companies (BUMN) this week announced their plans to hold an Extraordinary General Meeting of Shareholders (EGMS). It is planned that the entire meeting will be held on Thursday, December 23, 2021.

The companies in question are PT Aneka Tambang Tbk (ANTM), PT Bukit Asam Tbk (PTBA), and PT Timah Tbk (TINS).

In the information disclosure submitted by each of these companies, it was stated that the implementation of this EGMS was a request from the parent company, namely PT Indonesia Asahan Aluminum (Persero)/Inalum alias MIND ID which is the holding company for mining BUMN.

So far, the three mining issuers have not submitted an agenda to be discussed at the EGMS next month.

Some time ago, there was a major reshuffle in Inalum’s management, so the same reshuffle could also occur in the management of its subsidiaries.

On October 29, 2021, the Ministry of SOEs decided to overhaul Inalum’s management, replacing Orias Petrus Moedak, replaced by Hendi Prio Santoso. Hendi’s placement in this company along with three other new directors.

Hendi previously also served as President Director of PT Semen Indonesia since September 15, 2017. Before being appointed as chairman of Inalum, Hendi also resigned from Semen Indonesia.

This resignation was conveyed on October 28, 2021. SMGR Corporate Secretary Vita Mahreyni said Hendi’s resignation was in line with his appointment as president director at Inalum.

“The request for resignation of Mr. Hendi Prio will be decided at the General Meeting of Shareholders of the Company, which will be announced at a later date,” he said in an information disclosure on the Indonesia Stock Exchange (IDX), Monday (1/11/2021).

[Gambas:Video CNBC]

(mon / hps)


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