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🇮🇩 Indonesia /Economy & Trade

Rans Entertainment Director Resigns Two Weeks After IPO

From Tempo · () Indonesian

Summarized and contextualized by DistantNews.

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  • Grandy Prajayakti, a director at PT Rans Entertainment Indonesia Tbk (RANS), has resigned from his position for personal reasons.
  • The resignation comes approximately two weeks after the entertainment company, owned by Raffi Ahmad, completed its initial public offering (IPO) on the Indonesia Stock Exchange.
  • RANS stated that the resignation will not materially impact the company's operations, financial condition, or business continuity, and a General Meeting of Shareholders will be convened to approve the decision.

Grandy Prajayakti, a director at PT Rans Entertainment Indonesia Tbk (RANS), has submitted his resignation, citing personal reasons. The announcement follows closely on the heels of the entertainment issuer's initial public offering (IPO) on the Indonesia Stock Exchange just two weeks prior.

The resignation was submitted on the basis of personal reasons.

— Rumunggu YokonapitaRANS Finance Director, explaining the reason for Grandy Prajayakti's resignation.

The company confirmed receipt of Prajayakti's resignation letter on July 22, 2026. Rumunggu Yokonapita, RANS's Finance Director, assured stakeholders that the departure would not significantly affect the company's operational activities, legal standing, financial health, or ongoing business. A General Meeting of Shareholders will be scheduled to seek formal approval for Prajayakti's resignation.

The resignation does not have a material impact on the operational activities, legal condition, financial condition, and the company's business continuity.

— Rumunggu YokonapitaRANS Finance Director, reassuring investors about the company's stability post-resignation.

RANS, a media and entertainment company associated with celebrity Raffi Ahmad, debuted on the Indonesia Stock Exchange on July 10, 2026. At its market opening, RANS's stock price surged by 34.12% from its initial offering price of Rp170 per share, reaching Rp228. However, by July 24, 2026, the stock price had seen a slight decline of 6.96%, closing at Rp214 per share. Raffi Ahmad had expressed his ambition for the company to become a legacy vehicle during the IPO press conference.

I want to prove that a big name can be a legacy vehicle that can be managed for something good.

— Raffi AhmadStated during a press conference at the Indonesia Stock Exchange building on July 10, 2026, following the company's IPO.
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Originally published by Tempo. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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