Hashim Djojohadikusumo Resigns as Commissioner, WIFI Shares Plummet 9%

Shares of PT Solusi Sinerki Digital Tbk (WIFI) plummeted 9% to the level of Rp1,465 less than one hour after market opening this Friday (2/10/2026). The decline in WIFI shares occurred after the company announced the resignations of two members of its management board, specifically from the positions of Director and Commissioner: President Commissioner Hashim S. Djojohadikusumo and Director Henny Santoso.

Trading volume for WIFI this morning reached 43.7 million shares, with a transaction value of Rp65.7 billion and a frequency of 6,810 times.

Citing information disclosure from the Indonesia Stock Exchange (BEI), the company received a resignation letter from Hashim S. Djojohadikusumo on 29 September 2026, which was accepted by the company on 30 September 2026. Meanwhile, the letter from Henny Santoso was received on 1 October 2026, on the same day.

“Through a letter dated 29 September 2026, Mr Hashim S. Djojohadikusumo submitted his resignation from his position as the President Commissioner of the Company,” wrote WIFI management on Friday (2/10/2026).

In his letter, Hashim also requested that the company take all necessary actions, including convening a General Meeting of Shareholders (RUPS) within the timeframe specified in the company’s Articles of Association to decide on his resignation.

As for Henny Santoso’s resignation, it will become effective on the date stipulated in accordance with applicable laws and regulations, the company’s Articles of Association, and the decision of the RUPS. Henny also requested that the company undertake the necessary corporate and administrative actions, including convening an RUPS and fulfilling reporting obligations to the OJK and other competent authorities.

Furthermore, management will convene an Extraordinary General Meeting of Shareholders (RUPSLB) on Wednesday, 21 October 2026, with the agenda being the change in the composition of the company’s Board of Commissioners and Board of Directors.

Management added that the resignations of both officials will not have a material impact on operational, legal, financial, or business continuity activities. The company’s business activities and its subsidiaries are stated to continue as usual.