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Trans Power Marine to distribute the dividend of IDR 22 per share

21 June 2021 12:05

JAKARTA. PT Trans Power marine Tbk (TPMA), a sea transportation service provider, announces its intention to distribute the cash dividend of IDR 57,93 billion, equal to IDR 22 per share, from the net profit of the fiscal year 2020.

This initiative follows the result of the Annual General Shareholders Meeting of TPMA held last week. The meeting also agreed upon the allocation of the entire net profit of 2020 as the cash dividend. Furthermore, the stockholders also agreed to add IDR 32.93 billion from the accumulated retained earnings of the company on December 31, 2021, into the cash dividend portion.

The management had set the cum dividend date in the regular and negotiation market for June 25, 2021, and the cash market on June 29, 2021. The payment date would follow on July 21, 2021.

According to idnfinancials.com, until March 31, 2021, 57.74% of TPMA’s shares are under the control of PT Dwitunggal Perkasa Mandiri. Another 23.21% belongs to PT Ascend Bangun Persada, 6.79% to Standard Chartered Bank, and 12.26% to the public investors. (KR/ZH)

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