No management reshuffle at Telkom
Despite earlier calls for a management shakeup, the shareholders meeting of PT Telkom Tbk, the largest company at Jakarta Stock Exchange (JSX) by market caps, on Friday decided not to do that.
MSOE Sugiharto, on behalf of the government as the biggest shareholder at the telecommunication giant, in his letter to the shareholders meeting argued against the shakeup and additional directors as proposed by the management.
Both president commissioner Tanri Abeng and CEO Arwin Rasyid maintaned in their position.
Representative from Telkom's workers union attending the meeting urged the management to be solid as they sensed disharmony between them. Competition between directors is reportedly behind the shakeup issue emerged late last week.
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MSOE Sugiharto, on behalf of the government as the biggest shareholder at the telecommunication giant, in his letter to the shareholders meeting argued against the shakeup and additional directors as proposed by the management.
Both president commissioner Tanri Abeng and CEO Arwin Rasyid maintaned in their position.
Representative from Telkom's workers union attending the meeting urged the management to be solid as they sensed disharmony between them. Competition between directors is reportedly behind the shakeup issue emerged late last week.
READ MORE!!!
posted by yosef at 4:11 AM
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