Logindo Samudramakmur Tbk Plans Share Buyback
The Company planned to conduct the share repurchase of the Company (Buyback) that have been issued and listed on Indonesia Stock Exchange amounting 132,000,000 shares, that has been approved by the shareholders in General Meeting of Shareholders (AGM) on the plan of stock split with the ratio of 1: 4, which will be gradually implemented in 18 months period since the approval of General Meeting of Shareholders.
In the plan of approval of the share repurchase, General Meeting of Shareholders will be held in Holiday Inn Hotel, Cendana Room I-III, Kemayoran, Central Jakarta on March 30, 2015 at 10:00 (GMT+7).
Schedule:
The AGM announcement to Financial Service Authority (OJK) and IDX | February 10, 2015 |
Submission Information to Financial Service Authority (OJK) and IDX | February 18, 2015 |
List of shareholders entitled to participate in AGM | March 5, 2015 |
General Meeting of Shareholders | March 30, 2015 |
The share repurchase period | March 30, 2015-September 29, 2016 |