The general meeting of shareholders (GMS) of PT Indosat Tbk agreed to assign Harry Sasongko Tirtotjondro as the president director until 2010 to replace Johnny Swandi Sjam.
The change of directors boards was done due to the change of Indosat ultimate shareholder as from Singapore Technologies Telemedia Pte Ltd (STT) into Qtel.
The GMS yesterday agreed to change six members of Indosat boards of directors including Wong Heang Tuck, Wahyu Wijayadi, Guntur S. Siboro, Raymond Tan Kim Meng, Syakieb Ahmad Sungkar and Roy Kannan.
The former boards of directors terms was from 2005-2010 and thus the new boards of directors will only work until 2010. The shareholders also inaugurated for commissioners as Qtel representatives in the commissioner boards including Abdullah bin Mohammed bin Saud Al Thani as chief commissioner, and Nasser Marafih, Richard F. Seney and Rachmat Gobel as commissioners.
The GMS only changed one commissioner, Mohamed Bin Suhaim Hamad Al Thani, of all commissioner boards into Richard.
Soeprapto, Setyanto P. Santosa, Michael Latimer, and George Thia Peng Heok remain the independent commissioners.