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

By Public Technologies
  • 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.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.