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Friday, 29 May 09
PTBA PAYS DIVIDENDS OF RP 371.5 A SHARE - THE JAKARTA POST


The annual shareholders' meeting of state-controlled coal producer PT Tambang Batubara Bukit Asam (PTBA) approved on Thursday the allocation of 50 percent of the company's net profit last year as dividends.

The meeting agreed to pay Rp 835.2 billion (US$81.01 million) in dividends, equal to Rp 371.5 (US$ 0.40) a share, but has not disclosed when the dividends will be distributed.

PTBA's net profit surged 135 percent last year to reach Rp 1.7 trillion (US$ 164.891 Billion)

In relation to the management's salary and bonus, the meeting agreed to pay the president director a monthly salary of Rp 100.3 million ( US$ 9,728.42) and a bonus of Rp 2.6 billion (US$ 252,182.35) , while other directors will be given a Rp 90.3 million (US$ 8,785.49)  salary and a bonus of 90 percent of the president director's bonus.

source: http://www.thejakartapost.com/news/2009/05/28/ptba-pays-dividends-rp-3715-a-share.html



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