Timah (TINS) Implements Strategic Changes Through Extraordinary General Meeting

Corporate Governance Enhancements

PT Timah Tbk (TINS), a member of the MIND ID mining holding company, held its Extraordinary General Meeting of Shareholders (RUPSLB) on December 17, 2025, at Hotel Borobudur, Jakarta. The meeting approved several strategic changes aimed at strengthening the company's governance and aligning its policies with future business needs.

Key Decisions Made

1. Amendments to Articles of Association: The RUPSLB approved changes to the company's Articles of Association to comply with recent legislation, particularly Law No. 16/2025 regarding State-Owned Enterprises. This adjustment ensures TINS's compliance with the latest regulatory requirements.
2. Changes in Directorship: The meeting also approved changes in the company's directorship, which is part of the company's strategy to enhance decision-making effectiveness and strengthen oversight functions.
3. Corporate Policy Adjustments: The decisions made during the RUPSLB are designed to improve the company's overall governance framework and ensure that its planning and operations are conducted in accordance with relevant regulations.

Strategic Implications

The changes approved during the RUPSLB are part of TINS's broader strategy to enhance its corporate governance and operational effectiveness. By aligning its Articles of Association with the new Law No. 16/2025, TINS demonstrates its commitment to maintaining high standards of corporate governance and compliance with regulatory requirements. The changes in directorship are expected to bring fresh perspectives and expertise to the company's leadership, potentially enhancing its strategic direction and operational efficiency.

Future Outlook

These strategic changes position TINS to better navigate the evolving landscape of Indonesia's mining sector. As a state-owned enterprise under the MIND ID holding company, TINS's governance and operational enhancements are likely to have positive implications for its long-term sustainability and growth. The company's ability to adapt to new regulatory requirements and strengthen its governance framework will be crucial in maintaining its competitive edge in the industry.