JAKARTA – PT Wahana Makmur Sejati (WMS) becomes one of the controlling shareholders of PT Wahana Ottomitra Multiartha Tbk (WOMF), a leasing company of WOM Finance, following the decision made during the Annual General Shareholders Meeting last week (24/3). With this new shareholder arrangement, the shareholder structure of the company will gain more strength in the motor vehicle financing industry.
Djaja Suryanto Sutandar, President Director of WOM Finance, mentioned that the recorded shares of the company amounted to 3,481,481,480 units as of February 2022. “The result of the fit and proper test conducted by OJK and the shareholders allows for an additional controlling shareholder of the company, with an ownership percentage of 25.01%,” he explained in the information disclosure quoted Tuesday (29/3).
WOM Finance’s shareholders consist of PT Bank Maybank Indonesia Tbk (BNII) of 2,349,646,728 shares or 67.49% of WOM Finance’s entire issued and paid-up capital, followed by WMS of 870.6 million shares or 25.01% and the public of 261,234,759 shares or 7.50%.
Prior to this event, the plan to alter the position of the controlling shareholders of the company was approved by the Financial Services Authority (OJK) back in early February 2022.
Additionally, the annual meeting also called for allocating IDR 2.5 billion of the 2021 net profit to reserve fund, IDR 33.18 billion to cash dividends, and IDR 74.92 billion to retained earnings. The said dividend distribution is scheduled for April 27, 2022. (LK/ZH)