Indonesian Political, Business & Finance News

PSP issues bonus shares

| Source: JP

PSP issues bonus shares

JAKARTA (JP): PT Putra Surya Perkasa (PSP), a publicly-listed
property developer, announced yesterday its plan to issue
two-for-three bonus shares to its existing shareholders.

The company stated that the bonus shares would be issued from
the agio, the share price premium obtained during the company's
initial public offering.

Three existing shares entitle shareholders to receive two
bonus shares, the company stated, adding that it would also
distribute a cash dividend of Rp 55 (2.5 U.S. cents) per share
for the 1994 book year.(hen)

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