PT Indosat Tbk Receives Resignation Letter from Hans Christiaan Moritz, Director & Chief Technology Officer
September 03, 2013 at 06:12 am EDT
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PT Indosat Tbk announced that the company has received a resignation letter dated August 31, 2013 from its Director & Chief Technology Officer, Hans Christiaan Moritz. Article 16 Paragraph 6 and 7 of the company's Articles of Association among other things state that in the event the members of the Board of Directors resigns, the company shall convene a General Meeting of Shareholders (GMS) to determine the resignation of the members of the Board of Directors within the period at the latest of 60 days after the acceptance of the resignation letter. In the event the company does not convene GMS within such period, then by the lapse of such period, the resignation of the member of the Board of Directors became valid without the approval from the GMS.
PT Indosat Tbk is an Indonesia-based company that provides telecommunications, informatics and/or convergence technology services. The Company operates through three segments: cellular, fixed telecommunications (fixed) and multimedia, Internet, and data communication (MIDI). Together with its subsidiaries, such as PT Indosat Mega Media (IM2) and PT Aplikanusa Lintasarta, it offers a range of fixed data or MIDI services, such as Internet protocol-virtual private network (IPVPN), leased line, Internet services and information technology (IT) services to corporate segments. Its MIDI services consist of Internet and data communication services, including high-speed point-to-point and point-to-multipoint international and domestic ethernet link and Internet with broadband and narrowband capacity, IPVPN and multiprotocol label switching-based services (MPLS). The Company provides cellular, fixed data and wireless broadband services as well as fixed telecommunication or fixed voice offerings.