VIVAnews - The general meeting of stockholders of PT Bakrieland Development Tbk. (ELTY) decided that the dividend for the 2008 fiscal year will not be paid.
"This year's general meeting of stockholders has not yet arranged dividend payout," said Bakrieland President Director Hiramsyah S. Thaib on Tuesday, May 26.
He said that the company needs additional fund for business expansion despite the company's rise in profit by 100 percent as well as income by 93 percent.
"Hopefully, there will be a dividend sharing next year," he said.
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Translated by: Ariyantri E. Tarman
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20 April 2024
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