JAKARTA. PT Batavia Prosperindo Finance Tbk (BPFI), the financing company under Goldstar Investment and Malacca Trust, announces its bonus shares distribution next month with a ratio of 2:1.
The said plan aligns with the outcome of the Extraordinary General Shareholders Meeting last week in Jakarta. In this meeting, BPFI shareholders agree to capitalise on the stock premium worth IDR 89.13 billion. The capitalisation will take effect in the form of distributing bonus shares with a face value of IDR 100 each.
The cum date for bonus shares in the regular and negotiation market is set to January 28, 2022, while the cash market follows on February 2, 2022. The recording date is scheduled for February 2, 2022, and the distribution of bonus shares will take place on February 11, 2022.
“Every two shares owned by the listed shareholders by February 2, 2022 (recording date) will gain one bonus share, taken out of the stock premium,” the management of BPFI explained in the information disclosure in Indonesia Stock Exchange (IDX).
Based on idnfinancials.com data, 74.33% of BPFI’s shares are currently under the control of PT Batavia Prosperindo Internasional Tbk (BPII). Meanwhile, 47.72% of BPII’s shares belong to Goldstar Investment, and Malacca Trust owns another 35.29%. (KR/ZH)