Bhuwanatala's shares

Tue, 09 Apr 1996

JAKARTA (JP): Publicly listed property firm Bhuwanatala Indah Permai announced yesterday that it will split its stocks and distribute bonus shares and dividends.

Heru C. Purnomo, a company director, said in a statement that the bonus shares will be taken from the capitalization of 64 million agio shares.

The company, which is currently developing a five-star hotel in Bandung, West Java, will also distribute dividends of Rp 10 (0.43 U.S. cents) per share. (rid)

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