News

PT. AKR Corporindo, Tbk

Announcement of Final Dividend 2011

May 17, 2012

Dear Sir / Madam,

 

The Annual General Meeting of Shareholders of PT AKR Corporindo Tbk (" the Company") held on May 15, 2012 approved of a cash dividend of Rp. 1,372,729,647,500, to be distributed to all shareholders of the company or representing 59.85% of net income for the year 2011, attributable to equity holders of the parent, subject to deducting the amount of interim dividends which have been previously distributed during the year 2011.

 

This total cash dividend amount translates to a total of Rp 360 per share cash dividend for the year 2011 and shall be paid after deducting the interim dividends of Rp 335 per share which have been paid to shareholders earlier:

 

a. Based on Board resolution dated February 22, 2011 amounting to Rp. 512 046 360 000,- or Rp. 135,-    per share

b. Based on Board of Directors resolution dated July 21, 2011 amounting to Rp. 764 397 200 000,- or Rp. 200,- per share, 

 

The final dividend amount which shall be distributed to shareholder is Rp.96,286,087,500,- or Rp.25,- per share, with a current number of shares outstanding being 3,851,443,500 shares

 

 

Schedule of Dividend Cash Distribution

 1. Cum Dividend for trading in Regular and Negotiable Market date     June  6,  2012

2. Ex Dividend for trading in Regular and Negotiation Market date         June  7, 2012

3. Cum Dividend for trading in Cash Market date                                       June 11, 2012

4. Ex Dividend for trading in Cash Market date                                           June 12, 2012

5. Recording Date of Cash Dividend date                                                   June 11, 2012

6. Payment of Cash Dividend date                                                               June 25, 2012

 

The annoucement to the shareholders of the Company for the Schedule and Procedure Cash Dividend Payment has been published in Indonesian language newspapers "Bisnis Indonesia" and "Investors Daily", both dated May 16, 2012.

 

Best regards

 

Investor Relations

PT AKR Corporindo Tbk.,

Phone : +62 21 531 1177

www.akr.co.id