Jakarta, 19 March 2025 - PT Erajaya Swasembada Tbk. ("Erajaya" or "Company", IDX: ERAA) today successfully held an Extraordinary General Meeting of Shareholders (EGMS). The Company has obtained shareholder approval for all proposed EGMS agendas. Among the approvals obtained, the Company obtained shareholder approval for changes to the Company's Board of Commissioners and Board of Directors.
Budiarto Halim, President Director of ERAA, said, "We would like to thank the shareholders for their support and approval for all the agendas we submitted to the EGMS. The approvals given reflect trust in Erajaya's strategy and direction of growth going forward. With the new management structure, we are increasingly ready to accelerate innovation, strengthen competitiveness in the market, and ensure that Erajaya remains a key partner for customers and other stakeholders amidst the dynamics of the ever-evolving industry."
The shareholders have decided on a number of changes to the composition of the Company's Board of Commissioners and Board of Directors, including the appointment of Alexander Halim Kusuma as President Commissioner, the appointment of Patrick Adhiatmadja as Director, and the resignation of the President Commissioner and a number of Directors.
Thus, since the closing of the Company's EGMS, the composition of the Company's Board of Commissioners and Board of Directors is as follows:
BOARD OF COMMISSIONERS
President Commissioner: Alexander Halim Kusuma
Commissioner: Richard Halim Kusuma
Independent Commissioner: Lim Bing Tjay
Independent Commissioner: I Gusti Putu Suryawirawan
Commissioner: Andreas Harun Djumadi
Commissioner: Richard M. Harjani
BOARD OF DIRECTORS
President Director: Budiarto Halim
Deputy President Director: Hasan Aula
Deputy President Director: Joy Wahjudi
Director: Sintawati Halim
Director: Sim Chee Ping
Director: Djohan Sutanto
Director: Jong Woon Kim
Director: Patrick Adhiatmadja
Building New Leadership through Strengthening Management
As President Commissioner, Alexander Halim Kusuma is known as a visionary leader who has successfully developed various strategic projects, ranging from shopping area transformation, hotel development, to network Indonesian cinema. Alexander also has a positive track record as a partner of various big names in world property in developing their businesses in Indonesia.
"I believe that the progress of a Company is born from a clear vision and proper execution. Erajaya has great potential to continue to grow and innovate. In the third quarter of 2024, the company recorded a 69.82 percent year-on-year increase in net profit. In 2025, Erajaya has pocketed a number of new strategic partnerships with various brands, both in our main pillar in Erajaya Digital and in our new business in the Erajaya Active Lifestyle vertical, and other verticals," said Alexander Halim Kusuma, President Commissioner of PT Erajaya Swasembada Tbk. "We are very optimistic about our steps to become the largest lifestyle smart retailer leader in Indonesia," he added.
On February 28, 2025, ERAA's subsidiary, Erajaya Active Lifestyle, announced the official launch of XPENG in Indonesia. With this launch, Erajaya officially became the brand holder agent (APM) of XPENG, one of the world's leading electric vehicle brands in the premium segment and known for having sophisticated features.
Previously, on February 13, 2025, Erajaya through PT Era Boga Nusantara (EBN) also inaugurated the establishment of PT Chagee Era Indonesia, a joint venture in the F&B sector that will manage and develop Chagee's business in Indonesia. EBN established this business together with Tea Explorer Pte. Ltd., a company based in Singapore. This expansion confirms Erajaya's commitment to developing business in various potential sectors and strengthening its position in the electric vehicle and food & beverage industries in Indonesia.
The director appointed at Erajaya's EGMS today, Patrick Adhiatmadja, also has a positive track record in various industries, including as Managing Director in the automotive sector, Chairman in the energy industry, and President Director & CEO in manufacturing. His role as Group Chief Strategy Officer is expected to make a significant contribution to Erajaya's development.
"Industrial transformation opens up great opportunities for Erajaya to continue to adapt and grow. With the right strategy, I am optimistic that Erajaya can present innovations that are not only relevant to the market, but also have a real impact on consumers and the industry as a whole," he said.
For furher info, please contact:
PT Erajaya Swasembada Tbk
Erajaya Plaza
Jl. Bandengan Selatan No. 20
Pekojan-Tambora, Jakarta Barat 11240
Amelia Allen
Corporate Secretary
Tel. +62-21 690 5788
Email [email protected]
Djunadi Satrio
Corporate Communication
Tel. +62-21 690 5788
Email [email protected] /