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Garuda Indonesia Shareholders Approve Rights Issue at Extraordinary Meeting
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Garuda Indonesia Shareholders Approve Rights Issue at Extraordinary Meeting
  • Garuda Indonesia shareholders approved a rights issue of up to 248,705,613,218 shares, par value IDR 25, on November 6, 2026.
  • Shareholders authorized 1,152,057,079,908 Series E shares through reclassification of unissued Series D shares, adopting related articles amendments and business-classification updates.
  • The meeting approved appointing Hadiyan Sumintaatmadja as vice president director and Sophia Wattimena as director of finance and risk management.
  • Antonio Jose Vasconcelos Franco Gomes de Menezes won approval for appointment as independent commissioner.
  • Shareholders confirmed Balagopal Kunduvara’s honorable dismissal, effective at the meeting’s close, and approved Trey Urbahn’s removal as independent commissioner.


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 Garuda Indonesia (Persero) Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32183811) on November 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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