PALMOILMAGAZINE, JAKARTA – PT Austindo Nusantara Jaya Tbk. (ANJ) has officially announced a significant shift in its management structure and legal status during an Extraordinary General Meeting of Shareholders (EGMS) held today at the company’s headquarters in Jakarta. The meeting was attended both in person and online through the eASY platform by the Indonesian Central Securities Depository (KSEI).
In an official statement received by Palmoilmagazine.com on Thursday (May 8, 2025), ANJ confirmed the resignation of all members of its Board of Commissioners and Board of Directors, following the completion of its acquisition by First Resources Limited—a leading agribusiness company headquartered in Singapore. This transition marks the transfer of majority ownership in ANJ from its previous shareholders to a foreign investor.
The resigning commissioners include Independent President Commissioner Adrianto Machribie Reksohadiprodjo, and commissioners George Santosa Tahija, Sjakon George Tahija, Anastasius Wahyuhadi, Josep Kristiadi, Darwin Cyril Noerhadi, and Istini Tatiek Siddharta. Stepping down from the board of directors are President Director Lucas Kurniawan, Deputy President Director Geetha Govindan Kunnath Gopalakrishnan, along with other directors.
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The EGMS has appointed a new leadership team, with Harianto Tanamoeljono named as the new President Commissioner and former Minister of Agrarian Affairs Sofyan Djalil as Independent Commissioner. Suhendro has been appointed as the new President Director, supported by Isen Henry Tjong and Hilman Lukito as directors.
In addition to management changes, shareholders also approved the change in ANJ’s legal status—from a Domestic Investment Company (PMDN) to a Foreign Investment Company (PMA)—in line with the shift in shareholding structure.
First Resources Limited now holds a 91.17% majority stake in ANJ after acquiring shares from PT Austindo Kencana Jaya, PT Memimpin Dengan Nurani, and individuals George Santosa Tahija and Sjakon George Tahija. The remaining 8.83% is held by public shareholders.
This strategic move marks a new chapter for ANJ, signaling a transformation in ownership and business direction, with potential for expanded networks and improved operational efficiency in the agribusiness sector—particularly in palm oil. (P2)
