Schedule & Procedure

Schedule and Payment Procedures of Cash Dividends

Following the resolutions of the the Second Agenda of the AGM, which approved the distribution of the dividends in amount of Rp44,176,875,131 (forty four billion one hundred seventy six million eight hundred seventy five thousand one hundred thirty one Rupiah), or Rp1.94 per share to be paid to the entitled shareholders, with the schedule and procedures as follow:



1 Last Date of the trading period of the Company's shares on the stock exchange with  
  • Regular and Negotiation Markets
31 March 2017
  • Cash Market
05 April 2017
2 First Date of the trading period of the Company's shares on the stock exchange without dividend rights (Ex Dividend)  
  • Regular and Negotiation Markets
03 April 2017
  • Cash Market
06 April 2017
3 Recording Date 05 April 2017
4 Payment Date for Cash Dividends for the Financial Year 2016 21 April 2017


1. The Cash Dividneds will be paid to the shareholders of the Company whose names are registered in the Shareholders Register of the Company (recording date) on April 5, 2017 until 16.00 Western Indonesian Time.

2. For Shareholders of the Company whose shares are deposited in PT Kustodian Sentral Efek Indonesia (“KSEI”), the cash dividend shall be paid through KSEI and distributed to the securities account of the Securities Companies and/or Custodian Banks in KSEI on April 21, 2017.

3. For the shareholders who are not account holders at KSEI may request a written bank transfer payment of cash dividends by firstly applying for payment and complete the requirements to the Share Registrar (Biro Administrasi Efek) (“PT Sharestar Indonesia”) in Berita Satu Plaza FL. 7, JL. Gatot Subroto No. 35-36, Jakarta 12950, Telp. (021) 527 7966,

Fax : (021) 527 7967 by the latest on April 5, 2017 at 16.00 Western Indonesian Time. The cash dividend will be distributed through Bank transfer on April 21, 2017.

Requirements that needed:

  • Original and the copy of valid identity (ID card/Driving license/Passport) for individual shareholders
  • Copy of the Articles of Associations and last management strucutre for shareholders in the form of Incorporated Entity;
  • Power of Attorney if it is authorized, including the original and copy of valid identity of the shareholders and the proxy;
  • Copy of Taxpayer’s ID Number (NPWP card).

4. The cash dividen is subject to taxes as regulated under the prevailing laws and regulations, which must be deducted and restored to the government treasury.

5. For Shareholders classified as onshore Tax Payer in the form of legal entity, is required to submit its Taxpayer’s ID Number (NPWP) to KSEI or PT. Sharestar Indonesia by the latest on April 5, 2017, 16.00 Western Indonesian Time.

Without the NPWP, the cash dividend will be subject to withholding income tax at the rate of 30%.

6. For Shareholders who are considered as offshore Tax Payer which will use the Tax Treaty under the Agreement on the Prevention of the Imposition of Dual Taxes (‘P38’) with Indonesia, they have to comply with the prevailing tax law and submit the original of domicile letter published by Competent Authority or its authorized representative in country treaty partner for exemption of income tax rates article 26 (PPh 26) no later than April 5, 2017 to PT Sharestar Indonesia, for its shareholders in the form of letter or for its shareholders in collective custody KSEI, without the Certificate of Domicile, the cash dividend paid to offshore shareholders will be subject to Article 26 of withholding income tax at the rate of 20%.