Good News From Tower Bersama Infrastructure Owned By Conglomerates Edwin Soeryadjaya And Sandiaga Uno, They Want To Distribute IDR 800 Billion Dividend

JAKARTA - The tower company owned by conglomerates Edwin Soeryadjaya and Sandiaga Uno, PT Tower Bersama Infrastructure Tbk (TBIG) will distribute cash dividends for the 2021 financial year worth a total of IDR 800 billion. The dividend per share is equivalent to IDR 36.

The decision to distribute the company's dividends was agreed at the TBIG annual general meeting of shareholders (AGMS) on Monday, May 23.

"The GMS of Tower Bersama has decided that we will distribute dividends on the net profit of 2021, the amount is IDR 800 billion in total. This is the payout ratio of 52 percent and the amount per share is IDR 36 per share," explained Director of Tower Bersama Helmy Yusman Santoso in his public presentation after the AGM.

Helmy said, the amount of dividends this year increased by around IDR 108 billion from the previous year. In the previous year, TBIG distributed dividends of IDR 692 billion.

"So, now it has increased by around IDR 108 billion to IDR 800 billion," explained Helmy.

Currently, the majority of TBIG shares are held by Joint Digital Infrastructure Asia PTE LTD as much as 62.3 percent, PT Wahana Anugerah Sejahtera (a subsidiary of PT Saratoga Investama Sedaya Tbk/SRTG) 9.261 percent, and the public 28.362 percent.

Helmy explained, Bersama Digital is the current shareholder of Tower Bersama, where the controllers of Bersama Digital are Provident and Saratoga. These companies are owned by Edwin Soeryadjaya and Sandiaga Uno.