PRESS RELEASE

28 May 2025
Author: Administrator

Jakarta, May 28, 2025 – PT Nusantara Infrastructure Tbk (“NI” or “the Company”) reported a net profit of IDR 331 billion, marking a significant increase of 240.8% from the previous year, as presented during the Annual General Meeting of Shareholders (AGMS) held in a hybrid event today, Wednesday, May 28, 2025. The Company also announced changes in the composition of its Board of Commissioners and Board of Directors.
The AGMS approved the appointment of Luis Soriano Reñon as the Company’s new Director, replacing Christopher Daniel Cabrera Lizo. Meanwhile, Jose Ma Kamantigue Lim was officially appointed as the Company’s new Commissioner, replacing Rogelio Lazo Singson.
The AGMS also determined the allocation of the Company’s net profit for the fiscal year ending December 31, 2024. A portion will be allocated as a mandatory reserve in accordance with the Limited Liability Company Law, while the remainder will be used for business development plans, working capital, social programs, future dividend distribution, and to support the Company’s ongoing expansion needs.
Meanwhile, three other meeting agenda items were also resolved and approved by shareholders, including, Approval of the Company’s Annual Report including the ratification of the Company’s Financial Statement and Report on the Implementation of Supervisory Duties of the Board of Commissioners for the Financial Year 2024; Appointment of a Public Accountant to conduct an audit of the Company’s Financial Statements for the financial year ending December 31st, 2025; Determination of the duties and authorities, as well as salaries and allowances, for the members of the Company’s Board of Directors, and salaries or honoraria and allowances for the members of the Company’s Board of Commissioners for the year 2025.

 
Ramdani Basri, President Director of PT Nusantara Infrastructure Tbk, stated, “We sincerely appreciate the full support and synergy from all parties, which enabled the Company to overcome various challenges and achieve positive performance throughout 2024. We also extend our deepest gratitude and appreciation to the former directors and commissioners for their dedication and contributions over the years. At the same time, we welcome the new director and commissioner to continue driving strong performance and positive business growth moving forward.”
The current composition of the Company’s Board of Commissioners and Board of Directors is as follows:
The Board of Commissioners
President Commissioner      :   Manuel Velez Pangilinan
Commissioner                        :   Jose Ma Kamantigue Lim
Independent Commissioner:   Johny J. Lumintang
Independent Commissioner:   Farid Harianto 
 
The  Board  Of  Directors
President Director        :               M. Ramdani Basri
Director                           :               Omar Danni Hasan
Director                            :               Luis Soriano Reñon
Director                           :               Benny Setiawan Santoso
Director                            :               Ridwan Abdul Chalif Irawan
Director                            :               Denn Charly Gonzales Espanola
Director                           :               Amadeo Navalta Bejec
Director                           :               Francis Emmanuel Dalupan Rojas