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RAJA Distributes Rp274.17 Billion Dividend and Executes 1:5 Stock Split

| Source: CNBC Translated from Indonesian | Business
RAJA Distributes Rp274.17 Billion Dividend and Executes 1:5 Stock Split
Image: CNBC

PT Rukun Raharja Tbk (RAJA) held its Annual General Meeting of Shareholders (AGMS) for the 2025 fiscal year and an Extraordinary General Meeting of Shareholders (EGMS) on Tuesday (23/06).

During the AGMS, shareholders approved a cash dividend distribution for the 2025 fiscal year amounting to Rp274.17 billion, or the equivalent of Rp65 per share. This dividend consists of an interim dividend of Rp25 per share, which was distributed on 29 January 2026, and a final dividend of Rp40 per share to be distributed according to the schedule.

This approval was supported by the Company’s solid financial performance throughout the 2025 fiscal year. The Company recorded revenue of US$266.7 million, an increase of 4.8% compared to the previous year, and a net profit of US$35 million, representing a year-on-year growth of 20.3%.

This growth was driven by increased contributions from the gas business, the Ubadari EPC project, the operation of the Sengkang Gas Compressor Facility, and contributions from the Hafar Group in the offshore EPCI and shipping businesses.

Furthermore, shareholders approved the re-appointment of all members of the Board of Directors and the Board of Commissioners, as well as the appointment of Praba Diwangkara Caraka Putra Soma as the Company’s new Director. This appointment is part of a leadership regeneration and organisational strengthening strategy to support the Company’s long-term sustainable growth. The term of office for the Board of Directors and Board of Commissioners is valid until the conclusion of the Company’s AGMS in 2029.

In the EGMS, shareholders also approved a stock split with a ratio of 1:5, reducing the par value from Rp25 to Rp5 per share. Consequently, the number of the Company’s shares will increase from 4,227,082,500 to 21,135,412,500 shares. This corporate action is expected to increase the liquidity of the Company’s share trading and expand the investor base in the capital market.

The EGMS also approved amendments to the Company’s Articles of Association regarding adjustments to the Board of Directors’ authority, as well as the Company’s objectives and business activities in accordance with the 2025 Indonesian Standard Industrial Classification (KBLI).

“The Company’s continuous growth throughout 2025 provides a strong foundation for us to distribute value to shareholders through dividends and increase share liquidity through a stock split,” stated the President Director of PT Rukun Raharja Tbk, Djauhar Maulidi, on Tuesday (23/06/2026).

“At the same time, we are also preparing the next generation of leadership to ensure the long-term sustainable growth of the Company. These steps reflect our commitment to creating sustainable value for all shareholders and stakeholders,” he added.

He noted that the Company remains optimistic about the prospects of the national energy industry in 2026.

“With a diversified business portfolio ranging from upstream, midstream, and downstream to various future energy initiatives, supported by healthy financial fundamentals, the development of strategic projects, and a commitment to corporate governance and ESG implementation, the Company is in a strong position to continue sustainable growth and create added value for all shareholders and stakeholders,” Djauhar concluded.

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