JAKARTA - The palm oil plantation company owned by the late conglomerate Eka Tjipta Widjaja, PT Sinar Mas Agro Resources and Technology Tbk (SMAR) will distribute an interim dividend of IDR 574.44 billion. The dividend to be distributed by the cooking oil producers Filma and Kunci Mas is equivalent to IDR 200 per share.

The Board of Directors of SMAR announced to the shareholders based on the Decision of the Board of Directors of the Company and the Approval Letter of the Board of Commissioners of the Company dated July 29, 2022, that it has been approved and decided regarding the determination and distribution of Interim Dividend for the fiscal year 2022 of IDR 200 per share.

"So the total interim dividend distributed by SMAR is IDR 574,438,673,200," explained SMAR's management in an official statement, quoted Thursday, August 4.

The interim dividend will be distributed to SMAR shareholders whose names are recorded in the Company's Shareholders Register on 11 August 2022 until 16.00 western Indonesia time (recording date).

SMAR Interim Dividend Schedule:

- Announcement to shareholders August 1, 2022

- Cum dividend in the Regular and Negotiated Market August 9, 2022

- Ex dividend in the Regular and Negotiated Market August 10, 2022

- Cum dividend in Cash Market August 11, 2022

- Ex dividend in Cash Market August 12, 2022

- Payment of interim dividend August 24, 2022


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