Ketrosden Triasmitra (KETR) Overhauls Management Following Takeover by New Controlling Shareholder

JAKARTA, Investortrust.id — PT Ketrosden Triasmitra Tbk (KETR) has formally appointed a new board of directors and board of commissioners following a change in corporate control, after PT Inti Mas Bangun Sejahtera (IMBS) acquired a 35% stake through a voluntary tender offer.

Shareholders approved the leadership overhaul during an Extraordinary General Meeting of Shareholders (RUPSLB) held in Jakarta on Thursday, Nov. 12, 2026.

The change in control stems from a voluntary tender offer executed on Sept. 28, 2026, in which IMBS acquired 994.44 million KETR shares, equivalent to 35% of the company's total issued and paid-up capital. According to securities administration bureau data as of Sept. 30, 2026, IMBS stands as KETR's largest shareholder with 994.44 million shares (35%), followed by PT Fajar Sejahtera Mandiri Nusantara with 515.19 million shares (18.13%), PT Gema Lintas Benua with 273.75 million shares (9.64%), and public shareholders holding 1.05 billion shares (37.23%).

Board Restructuring and Charter Alignment

Under the newly approved leadership lineup, Vidcy Octory was appointed as President Director, supported by Dani Samsul Ependi, Johannes, and Mona Angelique Susanto serving as directors. On the supervisory side, Marlo Budiman was named President Commissioner, alongside Glory Palmy Simanjuntak as Commissioner and Kennedy Simanjuntak as Independent Commissioner.

In addition to the executive reshuffle, shareholders approved an amendment to Article 3 of the company's Articles of Association. The revision aligns Ketrosden Triasmitra's business activity classifications with Statistics Indonesia (BPS) Regulation No. 7 of 2025 regarding the Indonesian Standard Industrial Classification (KBLI 2025).