TBIG AGMS Agrees To Distribute Dividends Of IDR 683.6 Billion

Photo: Doc. Antara

JAKARTA - PT Tower Bersama Infrastructure Tbk (TBIG) at the Annual General Meeting of Shareholders (AGMS) approved the distribution of a total dividend of IDR 683.6 billion or IDR 30.20 per share for the 2023 financial year.

"Dividends worth IDR 565.9 billion have been distributed as interim cash dividends on December 27, 2023," said TBIG President Director Herman Setya Budi in a press conference after the AGMS in Jakarta, quoted from Antara, Thursday, June 30.

Herman explained that dividends will be distributed on July 3, 2024 to all shareholders registered in the Register of Shareholders on the record date of June 11, 2024, and cum dividends (end of the trading period of shares with dividend rights) on June 7, 2024.

In the AGMS, the shareholders also approved the appointment of Leonardus Wahyu Wasono Mihardjo as Director.

Thus, the current board of directors of the company, including:

Directors

President Director : Herman Setya Budi Deputy President Director: Hardi Wijaya Liong Director : Helmy Yusman Santoso Director : Budianto Purwahjo Director : Leonardus WW Mihardjo Furthermore, the shareholders approved the plan to buy back 396.5 thousand shares or 1.75 percent of the company's paid-up and issued capital for a period of 12 months since the AGMS approval.

Then, the shareholders approved the plan to issue debt securities (notes) in foreign currencies, with a total principal amount of as much as 900 million US dollars to be implemented in one or several publishing times within 12 months of the date the AGMS approval was obtained.

Through an offer to investors outside the territory of the Republic of Indonesia, which is a material transaction based on the Financial Services Authority Regulation No. 17/POJK.04/2020 concerning Material Transactions and Changes in Business Activities," said Herman.

Shareholders also approved the plan to change business activities to be carried out by PT Tower Bersama and PT Solu Sindo Kreasi Pratama, which are controlled companies from the company.

Meanwhile, the change was in the form of additional business activities renting out the electricity system by using batteries for telecommunication towers and renting out properties to meet the provisions of Article 32 in conjunction with Article 22 paragraph (1) point a POJK Number 17/POJK.04/2020 concerning Material Transactions and Changes in Business Activities.