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Protelindo will pay an interim dividend of IDR 25 billion to TOWR

17 December 2020 20:52

JAKARTA - PT Profesional Telekomunikasi Indonesia (Protelindo) planned to distribute an interim dividends of IDR 25 billion for 2020 financial year.

Maya Marcella, Corporate Secretary of Protelindo, said that the interim dividends distribution plan had considered a number of things, including the company's financial condition and future business expansion plans.

"The distribution of interim dividends is determined based on the decision from board of directors after obtaining approval from the board of commissioners and General Meeting of Shareholders," said Marcella through an information disclosure on Indonesian Stock Exchange.

For the record, Protelindo is a subsidiary of PT Sarana Menara Nusantara Tbk (TOWR), with a share ownership of 99.99%. Protelindo has been operating since 2003. Currently, Protelindo owns and manages 21,271 towers in Indonesia, spread across 38,122 points. (KR/VA)

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