Dividend Policy

All of the Company’s issued and fully paid shares, including the Shares have equal rights including the right to distribution of dividends.

DIVIDEND POLICY

In 2015, Mitrabara distributed final dividend for the fiscal year of 2014 and interim dividend for the fiscal year of 2015. The dividend has been distributed evenly to all shareholders of Mitrabara by the following considerations:

Final Dividend of 2014 Fiscal Year: the dividend policy was determined based on the Agenda of the Annual General Meeting of Shareholders as stated in the Notarial Deed No. 3, prepared and presented before Liestiani Wang, S.H., M.Kn., Notary, on June 5, 2015. Mitrabara distributed dividend for the fiscal year ending on December 31, 2014, amounting to USD2,699,998, which had been paid on July 8th, 2015;

 

Interim Dividend of 2015 Fiscal Year: the dividend policy was determined based in the Circular Decisions made in the Meeting of Board of Directors on November 13, 2015. Board of Directors of Mitrabara agreed to distribute Interim Dividend for the fiscal year ending on June 30, 2015, to all shareholders of Mitrabara amounting to Rp61,670,415,588., which had been paid on December 16, 2015.