Antam is expected to replace its four directors

The extra-ordinary shareholders? meeting of the publicly listed general mining company PT Aneka Tambang (Antam) to be held today is expected to remove the company?s four directors as part regeneration in the management, Bisnis Indonesia reported on Thursday.

The daily said that the directors that would be replaced included Subagyo, the director for development, Ki Agus Umar Tocha, the finance director, Harsojo Dihardjo, the director for operation and Ismail Tangka, the director for general affairs and human resource development.

The source, however, told the daily that President Director D. Aditya Sumanegara would be retained in his current position. He said that the four directors who had been almost nine years in their current positions would be replaced as part of the regeneration within the company?s top management level.

The shareholders in the extra-ordinary meeting will also vote to approve the management?s proposal to use part of the company?s assets as the collateral for the company?s new loans. (*)