GoTo Receives IDR 6 Billion Dividend Allotment From Blue Bird Taxi Company Owned By Conglomerate Purnomo Prawiro

Photo: Doc. GoTo

JAKARTA - PT Blue Bird Tbk (BIRD) will pay a dividend of IDR 6.5 billion to PT Goto Gojek Tokopedia Tbk (GOTO). Previously, the taxi company owned by the Purnomo Prawiro conglomerate had held an Annual General Meeting of Shareholders (AGM) and resulted in the approval of dividend distribution of IDR 150.12 billion.

The President Commissioner of PT Blue Bird Tbk, Noni Sri Ayati said that the AGMS determined the distribution of cash dividends from a portion of the Company's retained earnings that had not yet been determined for the financial year ending December 31, 2021.

"Dividends of IDR 150.126.000.000 (6.72 percent of all retained earnings) which will be implemented on July 22, 2022. The rest will be recorded as retained earnings which have not yet been determined," said Noni, in a statement, quoted on Tuesday, June 28.

The total shares of BIRD reached 2.50 billion. If averaged, the total dividends distributed were IDR 60 per share.

For information, GOTO is recorded to own 4.33 percent of BIRD shares with a total share of 108.20 million shares. Referring to these data, this year GOTO has the potential to receive dividends from BIRD of around IDR 6.5 billion.

In addition to determining the distribution of dividends, the AGMS also discussed a number of agendas, namely approval of the company's annual report, including the report of the Board of Directors and the report on the supervisory duties of the Board of Commissioners for the 2021 financial year, the appointment of an independent public accountant to audit the consolidated financial statements of the company and its subsidiaries for the 2022 financial year.

In addition, approval of changes and reappointments of members of the Company's Board of Commissioners and determination of remuneration for members of the Board of Directors and Board of Commissioners of the Company for the financial year 2022. President Director of PT Blue Bird Tbk Sigit Djokosoetono added that his party is committed to continuously transforming according to customer needs in order to provide safe services, convenient, and reliable.

"BIRD has demonstrated the success of its long-term growth strategy which includes organic growth, capturing opportunities for environmentally friendly mobility trends through rejuvenation and procurement of a fleet of compressed natural gas (CNG) and electric cars in major cities in Indonesia, expansion of services by collaborating with strategic partners, and improve the company's operational effectiveness," he said.