tiprankstipranks
Trending News
More News >

PT Telekomunikasi Indonesia Tbk Announces Resignation of President/Independent Commissioner

Story Highlights
  • PT Telekomunikasi Indonesia Tbk’s President resigned on April 10, 2025.
  • The resignation leaves the company temporarily non-compliant with independent commissioner regulations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from PT Telekomunikasi Indonesia Tbk ( (TLK) ).

On April 10, 2025, PT Telekomunikasi Indonesia Tbk announced the resignation of its President/Independent Commissioner, Mr. Bambang Permadi Soemantri Brodjonegoro, due to his new appointment as Dean of the Asian Development Bank Institute. This resignation will temporarily leave the company with insufficient independent commissioners as per regulatory requirements, but it is expected to have no material impact on the company’s business operations. The company plans to address this issue at the next General Meeting of Shareholders within 90 days.

Spark’s Take on TLK Stock

According to Spark, TipRanks’ AI Analyst, TLK is a Outperform.

PT Telekomunikasi Indonesia Tbk demonstrates strong financial performance and attractive valuation metrics. While the earnings call highlights strategic growth opportunities, it also brings attention to current pressures on margins and earnings. The balanced leverage and cash flow resilience underpin its stability, though technical indicators suggest moderate momentum, warranting a cautious approach.

To see Spark’s full report on TLK stock, click here.

More about PT Telekomunikasi Indonesia Tbk

PT Telekomunikasi Indonesia Tbk is a state-owned telecommunications company based in Indonesia. It primarily provides telecommunication services and is focused on serving the Indonesian market.

YTD Price Performance: -14.84%

Average Trading Volume: 804,722

Technical Sentiment Signal: Strong Buy

Current Market Cap: $13.57B

See more insights into TLK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App