Plaza Indonesia Realty to ready interim dividend of IDR 236.89 billion

Plaza Indonesia Realty Tbk (PLIN), a real estate developer and management company, will distribute interim dividend of IDR 236.89 billion or IDR 67 per share.

Umbas Rombe, Corporate Secretary of PLIN, said that the plan aligns with the decision made by the board of directors. “It had been approved by the board of commissioners on October 4, 2024,” he added in the information disclosure in Indonesia Stock Exchange (IDX).

The interim dividend will be given to PLIN’s shareholders whose names have been listed by the recording date on October 17, before being disbursed on October 25, 2024.

According to IDNFinancials data, PLIN recorded net profit of IDR 270.59 billion in the first half (H1) of 2024. As of June 2024, it also still retained unrestricted earnings of IDR 9.71 trillion.

As of now, the controlling shareholder of PLIN is PT Plaza Indonesia Investama, which owns 96.61% of the shares. Then, another 2.99% belong to retail investors, while the remaining 0.40% are stored as treasury stock. (KR/ZH)