JAKARTA. PT Sinar Mas Agro Resources and Technology Tbk (SMAR), a palm-based product manufacturer under Sinar Mas Group, announced its plan of distributing interim dividends of IDR 185 per share or IDR 531.36 billion in total.
This plan followed the decision made by SMAR’s Board of Directors and had been approved by SMAR’s Board of Commissioners. The cum dividend date in the regular and negotiation market would fall on November 9, 2021, while the date for the cash market would fall on November 11, 2021. The disbursement itself would take place on November 24, 2021.
“The interim dividend distribution would not pose any material impacts towards the operational activities, legal status, financial condition, or the company’s business continuity,” Jimmy Pramono, Vice President Director of SMAR, reaffirmed in the information disclosure in Indonesia Stock Exchange (IDX).
According to idnfinancials.com data, SMAR scored a net profit of IDR 1.03 trillion by the first half of 2021. Additionally, the company had also secured unrestricted earnings of IDR 10.33 trillion.
As of June 30, 2021, PT Purimas Sasmita controlled 92.40% of SMAR’s shares. The remaining portion of 7.60% belonged to public investors. (KR/ZH)