Zebra gets new director

Zebra gets new director

SURABAYA (JP): The shareholders in publicly-listed transport firm, PT Zebra Nusantara, appointed Nazimuddin yesterday as the company's new director, replacing Agnes Gondokusomo who resigned recently.

Yesterday's meeting also re-elected Pudjianto as company president.

Nazimuddin's appointment ends speculation that the new controlling shareholder, PT Infinity Utama, was demanding that Zebra's president step down.

Infinity Utama, the owner of the PT Steady Safe transport firm, became the biggest shareholder in PT Zebra after purchasing 34 percent of its total shares through the Surabaya Stock Exchange last year. (15/08)