JAKARTA – The Board of Commissioners and Directors of PT Net Visi Media Tbk (NETV) collectively submitted their resignations to shareholders yesterday (7/10).

Shinta Trisnawati Sutrisno, Corporate Secretary of NETV, mentioned that the company will follow and meet some requirements stated in the articles of associations and applicable regulations.

“Including obtaining approval from shareholders regarding these resignations,” Sutrisno said in the information disclosure quoted Tuesday (8/10).

The resigned members of the board of directors include Deddy Hariyanto as President Director of NETV, as well as Azuan Syahril, Fendy Nagasaputra, and Ferry as Directors of NETV.

Then, resigned commissioners are Lie Halim as President Commissioner of NETV, Clifford David Rees as Independent Commissioner of NETV, and Rachmat Nugroho as Commissioner of NETV.

It is known that PT MD Entertaiment Tbk (FILM) is acquiring NETV’s shares from several of its key shareholders including PT Sinergi Lintas Media (SLM), PT Indika Inti Holdiko (IIH), and PT Teladan Investama (TI), for a total of IDR 661.95 billion. (LK/ZH)