Story-I Limited announced that Mr. Yulius Halim has resigned from his position as CEO for health reasons. Mr. Damien Kwok has been selected as the new CEO of Story-i effective 1 November 2016. Mr. Kwok has over 28 years of experience in the consumer electronic products industry in Indonesia, specifically focused on retail and distribution segments.

The company also announced the opening of a new Story-i branded Apple Authorized Reseller retail outlet in Samarinda, East Kalimantan, further strengthening the company's brand penetration in the rapidly growing Indonesian consumer electronics market.