Tugu Insurance EGM approves amended Sharia unit spin-off work plan

• Tugu held an extraordinary general meeting on Sept. 29, 2026.
• Shareholders endorsed changes to the company’s management lineup, including new appointments to the board and sharia supervisory board.
• Investors backed an amended plan to separate the sharia unit via transferring its participation portfolio to a licensed sharia insurer within Danantara.
• Shareholders authorized management to submit the amended plan to the regulator, take required steps, and provide periodic progress reports to the controlling shareholder.
• The meeting also cleared execution of the portfolio transfer, subject to required conditions; the document does not confirm completion.

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 Asuransi Tugu Pratama Indonesia Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32162465) on October 01, 2026, and is solely responsible for the information contained therein.