PT Puradelta Lestari Tbk. Announces Executive Changes; Announces Cash Dividend for Fiscal Year 2016, Payable on June 23, 2017
May 24, 2017 at 06:10 am EDT
Share
PT Puradelta Lestari Tbk. at its AGM held on May 22, 2017, approved resignation of Mr. Kazuo Shimura from his position of Vice President Commissioner of the company and Mr. Yu Mizuike from his position as Commissioner of the company, with full release and discharge from their responsibilities for their supervisory action during their tenures, as long as not deviating the company's Articles of Association and reflected in the company's Annual Report and Financial Statement; and the company also approved appointment of Mr. Junichiro Nagasaki as Vice President Commissioner of the company and Mr. Yoshizo Hatta as the Commissioner of the company, for the remaining tenures of the current Board of Commissioners.
The company announced IDR 722,971,666,500.00 (seven hundred twenty two billion nine hundred seventy-one million six hundred sixty six thousand five hundred Rupiah) or equal to IDR 15.00 (fifteen Rupiah) per share is distributed as cash dividend for fiscal year 2016 to the shareholders. Ex-cash dividend in cash market is June 6, 2017, recording date of the shareholders is June 5, 2017 entitled for the cash dividend and cash dividend payment date is June 23, 2017.
PT Puradelta Lestari Tbk is an Indonesia-based property developer that is engaged in development of industrial, commercial, and residential estates. Its segments include Property and Hotel. The Company is focused on the development and management of Kota Deltamas, a property development project that occupies 3,200-hectares of land located in Central Cikarang, Bekasi Regency, West Java with direct access to the Jakarta-Cikampek toll road. The Company operates Le Premier, a hotel/serviced apartment featuring 76 Japanese style unit rooms, consisting of over 20 suite units, 5 junior suite units, 5 deluxe executive units, 12 deluxe units, 8 studio units, and 26 superior units. The Company also manages seven units of approximately 1,000-to-2,000-meter square factory facilities for medium to long term rental, located within the industrial center. Its subsidiary includes PT Pembangunan Deltamas, which engages in real estate development activities and the owner of Le Premier Hotel in Cikarang.