JAKARTA - The developer of the Pondok Indah area belonging to the conglomerate Murdaya Poo, PT Metropolitan Kentjana Tbk (MKPI) decided to distribute dividends for the 2021 financial year of IDR 110.93 billion.

In MKPI's information disclosure on the Indonesia Stock Exchange (IDX) website, quoted on Wednesday, June 29, the company will distribute cash dividends with a total value of IDR 110,938,698,000 or IDR 117 per share according to the results of the Annual General Meeting of Shareholders (AGM).

For information, in 2021, Metropolitan Kentjana has recorded a net profit attributable to the parent entity of IDR 324.75 billion. Meanwhile, the company set aside the net profit to be used as a reserve fund of IDR 1 billion, bringing the total reserve fund to IDR 9.21 billion.

"The remaining net profit will be used by the Company to continue housing development in Pondok Indah Townhouses, renovate the 2nd floor of the Street Gallery, start the development of cluster housing on Jalan Veteran, plan the development of Pondok Indah Residences 2, plan the development of the Aurelle Residences cluster in Pondok Indah, and plan the project of Mall Lebak Bulus ex Carrefour," said MKIP Corporate Secretary Tan Dwi Ratih.

And here is the MKIP dividend distribution schedule:

- Effective Date: 25 July 2022

- Regular and Negotiated Market Dividend Cum: 1 July 2022

- Cash Market Dividend: 5 July 2022

- Ex Negotiated Market Dividend: 4 July 2022

- Ex Cash Market Dividend: 6 July 2022

- Shareholder Register Date (DPS) entitled to cash dividends: 5 July 2022, 16.00 WIB

- Dividend Payment: 25 July 2022


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