PMMP - PT. Panca Mitra Multiperdana Tbk

Rp 466

-16 (-3,00%)

JAKARTA. PT Panca Mitra Multiperdana Tbk (PMMP) arranges its cash dividend distribution of IDR 3 per share or IDR 7.06 billion in total. It would come out of its net profit gained in the fiscal year 2020.

Martinus Soesilo, President Director of PMMP, claims that this dividend payout plan had obtained the required permission from the shareholders. “It would go accordingly with the decision made in the Annual General Shareholders Meeting held on August 30, 2021,” he confirms.

Based on the information disclosure submitted to Indonesia Stock Exchange today (2/9), PMMP had announced the cum date for the regular and negotiation market, as well as the cash market. The first one would fall on September 7, 2021, followed by the latter on September 9, 2021. Then, the cash dividend payment would be made on October 1, 2021.

According to idnfinancials.com, PMMP scored USD 10.25 million in net profit in 2020, equal to IDR 146.36 billion. Thus, it means that the distributed dividend would take up 4.8% of the total net profit.

As of June 30, 2021, PT Tiga Makin Jaya owns 51% of PMMP’s shares. Public investors share another 15%, while several commissioners and directors of PMMP claim the rest of them. (KR/ZH)