Sat, 18 Jun 1994

Mayora pays bonus shares

JAKARTA (JP): The annual shareholder meeting of PT Mayora Indah, a food processing industry, yesterday agreed to pay a dividend of Rp 70 (32 cents) per share and to distribute one bonus share for every 25 existing shares.

The board of directors reported that the company's net profit increased from 13.5 billion ($6.25) in 1992 to Rp 26.35 billion ($12.21) in 1993.

The company that produces various candies, chocolate and coffee exports around 21 to 25 percent of its products to various countries.

Mayora is 65.8 percent owned by PT Unita Branindo, 6.35 percent by PT Mayora Investama and 27.85 percent by the investing public.(yns)