Before Being Owned By A South Korean Insurance Company, Lippo Insurance Owned By Conglomerate Mochtar Riady Distributed Dividends And Bonus Shares Of IDR 175 Billion
JAKARTA - The shareholders of PT Lippo General Insurance Tbk (LPGI), may be happy. Because the insurance company owned by conglomerate Mochtar Riady plans to distribute dividends and bonus shares.
The total value is IDR 175 billion. Consisting of dividends of IDR 100 billion and bonus shares of IDR 75 billion.
Lippo Insurance Corporate Secretary Satini Kartika Sari said dividends will be paid on August 3, 2022. "The value is approximately IDR 666.67 per share if there is certainty about the number of shares to be distributed," Satini wrote in an information disclosure to the Indonesia Stock Exchange (IDX), Tuesday, July 5th.
In detail, the following is Lippo Insurance's dividend distribution schedule:
Effective date: June 30, 2022
Cum dividend in regular market and negotiated market: July 8, 2022
Ex dividend on regular market and negotiated market: July 11, 2022
Cum dividend on cash market: July 12, 2022
Ex dividend on cash market: July 13, 2022
List of shareholders entitled to dividends: July 12, 2022 at 16.00 p.m.
Dividend payment date: August 3, 2022
VOIR éGALEMENT:
Meanwhile, regarding bonus shares of IDR 75 billion, the nominal value is IDR 500 with a total share of 150 million. From here, the set ratio is 1:1.
The details of Lippo Insurance's bonus share distribution schedule are as follows:
Effective date: June 30, 2022
Cum dividend in regular market and negotiated market: July 8, 2022
Ex dividend on regular market and negotiated market: July 11, 2022
Cum dividend on cash market: July 12, 2022
Ex dividend on cash market: July 13, 2022
List of shareholders entitled to dividends: July 12, 2022 at 16.00 p.m.
Dividend payment date: August 3, 2022
The plan to distribute dividends and bonus shares will be Lippo Insurance's last action as part of the business network of conglomerate Mochtar Riady. The reason is that the company's controlling shareholder will change with the entry of Hanwha General Insurance (HGI) and Hanwha Life Insurance Indonesia (HLII).
As previously known, HLII and HGI agreed to take over Lippo Insurance. In this action, HLII and HGI will buy shares owned by two Lippo Group companies, namely PT Inti Anugerah Pratama (IAP) and PT Star Pacific Tbk (LPLI).