Logo
News

PT ITSEC Asia Tbk (IDX: CYBR) Holds 2026 EGMS, Approves Stock Split and Strengthens Corporate Struct

Expanding investor access and improving share liquidity, while strengthening the Company’s capital structure and governance

ITSEC AsiaITSEC Asia
|
Apr 17, 2026
PT ITSEC Asia Tbk (IDX: CYBR) Holds 2026 EGMS, Approves Stock Split and Strengthens Corporate Struct

Jakarta, 16 April 2026 — PT ITSEC Asia Tbk (the Company) (IDX: CYBR), Indonesia’s publicly listed cybersecurity company, today held its Extraordinary General Meeting of Shareholders (EGMS), approving a series of strategic resolutions aimed at strengthening the Company’s fundamentals and enhancing accessibility for investors.

During the meeting, shareholders approved a stock split with a ratio of 1 to 2, adjusting the par value of the Company’s shares from IDR 25 per share to IDR 12.5 per share. The initiative is expected to improve trading liquidity and broaden participation from a wider base of investors.

In line with this decision, the Company also approved amendments to Article 4 of its Articles of Association concerning capital. The adjustment reflects changes in the number of shares, with the issued and paid up capital increasing from 6,715,248,747 shares to 13,430,497,494 shares, following the stock split.

The EGMS further approved amendments to Article 12 of the Articles of Association regarding the duties and authority of the Board of Directors. The revision clarifies the Company’s representation mechanism, allowing the President Director or Vice President Director to represent the Company, and in their absence, two members of the Board of Directors to act on behalf of the Company.

In another agenda, the EGMS formally acknowledged the passing of Mr. Bima Kurniawan, who served as Director of the Company, on February 14, 2026. The Company expressed its deepest appreciation for his dedication and contributions and granted a full discharge and release from responsibility for his management actions during his tenure.

The meeting also resolved the updated composition of the Board of Directors and Board of Commissioners to continue the remaining term of office, ensuring leadership continuity and strategic consistency.
 

Board of Commissioners

President Commissioner

Richardus Eko Indrajit

Independent Commissioners

Agustinus Nicholas L. Tobing

Commissioners

Andri Hutama Putra

Board of Directors

President Director

Patrick Rudolf Dannacher

Vice President Director

Marek Bialoglowy

Director

Eko Prasudi Widianto

Director

Bambang Susilo

Director

Doni Mora

Management Structure of PT ITSEC Asia Tbk

Patrick Dannacher, President Director of PT ITSEC Asia Tbk, stated “These decisions reflect our commitment to strengthening the Company’s foundation while making our shares more accessible to a broader investor base. As Indonesia accelerates its digital transformation, cybersecurity is becoming increasingly critical. We are ensuring that our technology, governance, and organizational structure are all aligned to support sustainable growth.”

Since its establishment in 2010, PT ITSEC Asia Tbk has grown as a cybersecurity provider serving key sectors including financial services, telecommunications, energy, and government. The Company continues to contribute to Indonesia’s national cybersecurity resilience through innovation, capability development, and ecosystem collaboration.

Through these strategic resolutions, PT ITSEC Asia Tbk reaffirms its commitment to remain a trusted partner in securing Indonesia’s digital future.

Share this post

You may also like

ITSEC Asia Celebrates 16 Years, Launches IntelliBroń Aman Enterprise For Business
News

ITSEC Asia Celebrates 16 Years, Launches IntelliBroń Aman Enterprise For Business

Jakarta, 13 April 2026 — PT ITSEC Asia Tbk (IDX: CYBR), Indonesia's first publicly listed cybersecurity company, marks its 16th anniversary today by announcing the commercial launch of IntelliBron Aman Enterprise, a landmark product that for the first time extends enterprise-grade mobile cybersecurity protection to every employee, student, and civil servant within an institution, at no cost to the individual. Founded in 2010 and listed on the Indonesia Stock Exchange in 2023, ITSEC Asia has built its 16-year trajectory on a single conviction: that strong cybersecurity should not be the privilege of large organizations with large budgets. Today's launch brings that conviction into practical reality at a national scale. Sixteen years of building Indonesia's cybersecurity foundation From a cybersecurity services firm established in Jakarta, ITSEC Asia has grown into a publicly listed technology company with operations across Indonesia, Singapore, Australia, the UAE, and Mauritius, supported by more than 400 professionals. Over the course of 16 years, the company has delivered more than 7,000 cybersecurity projects and today serves over 300 active

ITSEC AsiaITSEC Asia
|
Apr 14, 2026 5 minutes read
ITSEC Asia (IDX: CYBR) and UNFPA Officially Launch SHECURE Digital Program
News

ITSEC Asia (IDX: CYBR) and UNFPA Officially Launch SHECURE Digital Program

Jakarta, 27 February 2026—Nearly two out of three women worldwide have experienced digital violence. In Indonesia, around 7.2 million women have experienced digital violence by non partners at some point in their lives, according to the 2024 National Survey on Women’s Life Experiences. Women aged 15 to 24 are the most affected group in digital spaces. To strengthen the protection of women and children in the digital environment, PT ITSEC Asia Tbk (ITSEC Asia) (IDX: CYBR), a leading cybersecurity company in Indonesia, together with the United Nations Population Fund (UNFPA), a United Nations agency focused on sexual and reproductive health and population issues, officially launched SHECURE Digital as a national initiative. The launch was also attended by the Minister of Women’s Empowerment and Child Protection of the Republic of Indonesia, Arifah Fauzi, reflecting a shared commitment to building a safe, inclusive, and protection oriented digital ecosystem. SHECURE Digital integrates digital self protection education, privacy based technological protection, and data driven advocacy to prevent and address online gender based violence and

ITSEC AsiaITSEC Asia
|
Feb 27, 2026 5 minutes read
ITSEC Asia (IDX: CYBR) Ready to Accelerate Expansion Amid Rising National Cybersecurity Demand
News

ITSEC Asia (IDX: CYBR) Ready to Accelerate Expansion Amid Rising National Cybersecurity Demand

Jakarta, 21 May 2026 — PT ITSEC Asia Tbk (ITSEC Asia/the Company) (IDX: CYBR), a leading cybersecurity company in Indonesia, today announced the results of its 2025 Annual General Meeting of Shareholders (AGMS), reaffirming the Company’s commitment to strengthening corporate governance and organizational readiness as it enters its next phase of growth. During the AGMS, shareholders approved all proposed agenda items including the ratification of the Company’s annual report and financial statements for the 2025 fiscal year, the determination of net profit utilization and the report on the realization of proceeds from the Initial Public Offering (IPO) and Series I Warrants as part of the Company’s commitment to transparency and accountability to all stakeholders. The Company recorded a net profit of IDR 68.35 billion for fiscal year 2025. During the AGMS, shareholders approved the establishment of a mandatory reserve fund amounting to IDR 100 million in accordance with applicable regulations, while the remaining balance will be retained as retained earnings to support the Company’s operations and future business development. In

ITSEC AsiaITSEC Asia
|
Mei 22, 2026 4 minutes read

Receive weekly
updates on new posts

Subscribe