JAKARTA – The stock performance of PT Shield On Services Tbk (SOSS) has remained sluggish following the change in SOSS's board of commissioners at the end of last week (21/2) until Tuesday afternoon (24/2).

Hiroshi Iwai, President Director of SOSS, announced shareholder approval regarding the change in SOSS's board of commissioners. "The meeting approved the replacement of Herman Julianto as SOSS Commissioner by Harry Ramaputra," he said in a public disclosure, Tuesday (25/2).

Despite refreshing its board of commissioners, the change has yet to impact SOSS's share price. By Tuesday afternoon, SOSS shares fell 6.80%, or IDR 20, to IDR 274 per share.

Since the change in SOSS's board of commissioners last week, SOSS shares have dropped 15.95%, from IDR 326 to IDR 274 per share.

However, the decline in SOSS's stock price began before the commissioner change. In five trading days since February19 , SOSS shares have fallen 31.16%, or IDR 124, from IDR 398 to IDR 274. (LK/ZH)