Dynaplast to split stocks

Thu, 27 Mar 1997, 00:00 WIB | Source: JP

JAKARTA (JP): Packaging and plastic sheet firm PT Dynaplast
plans to split its stocks and issue bonus shares.

The company said yesterday the share split and bonus share
plans would be proposed at the company's extraordinary
shareholderr meeting on April 17.

The share split will reduce the share's nominal value from Rp
1,000 to Rp 500, halving the share price.

If the stock split is approved, the number of shares will
increase from 130 million to 300 million. (09)

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