Sinar Terang Mandiri Holds Extraordinary Shareholder Meeting

• Sinar Terang Mandiri shareholders approved pledging assets exceeding 50% of net assets at the November 4, 2026 extraordinary meeting.
• The pledge authorization supports obtaining syndicated loan facilities from Bank KB Indonesia and Bank SMBC Indonesia; directors may determine collateral details.
• Shareholders appointed Holmes Siringoringo as director, effective at the meeting’s close, and approved the revised board composition.
• They also approved business classification adjustments under KBLI 2025, including amendments to Article 3 of the articles of association.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Sinar Terang Mandiri Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32183317) on November 06, 2026, and is solely responsible for the information contained therein.