Indonesian Political, Business & Finance News

CEO and President Commissioner of Astra Otoparts (AUTO) Resign

| | Source: KOMPAS Translated from Indonesian | Business
CEO and President Commissioner of Astra Otoparts (AUTO) Resign
Image: KOMPAS

PT Astra Otoparts Tbk (AUTO) has submitted a report on material information or facts regarding the resignations of members of the Board of Directors and Board of Commissioners of the company. This information was conveyed to the Indonesia Stock Exchange (BEI) via a letter numbered 053/S-Dir/Leg-AOP/III/2026. In the disclosure, quoted on Wednesday (25/3/2026), the company stated that it has received resignation requests from President Director Hamdani Dzulkarnaen Salim and President Commissioner Gidion Hasan. “Astra Otoparts Tbk has received resignation requests from Mr. Hamdani Dzulkarnaen Salim as President Director and Mr. Gidion Hasan as President Commissioner of the Company through their letters dated 18 March 2026,” the company stated. The company explained that, in accordance with applicable regulations, these resignation requests will be decided at the nearest Annual General Meeting of Shareholders (AGMS). This refers to the Financial Services Authority Regulation (POJK) No. 33/POJK.04/2014 on the Board of Directors and Board of Commissioners of Issuers or Public Companies. In the disclosure, Astra Otoparts did not detail the reasons for the resignations of the two officials. The company also did not report any specific impacts on operational activities, legal aspects, financial condition, or the company’s business continuity. Astra Otoparts is an issuer operating in the automotive and its components sector.

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