RAJA Distributes Rp274.17 Billion Dividend and Executes 1:5 Stock Split
Jakarta - PT Rukun Raharja Tbk (RAJA) held its Annual General Meeting of Shareholders (RUPST) for the 2025 fiscal year and an Extraordinary General Meeting of Shareholders (RUPSLB) on Tuesday (23/6). During the RUPST, shareholders approved a total cash dividend for the 2025 fiscal year of Rp274.17 billion, equivalent to Rp65 per share. This dividend comprises 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 schedule. The approval was underpinned by the company’s solid financial performance throughout 2025, with revenue reaching US$266.7 million, a 4.8% increase year-on-year, and net profit of US$35 million, growing 20.3% annually. This growth was supported 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 business. Shareholders also approved the reappointment of all members of the company’s Board of Directors and Board of Commissioners, and appointed Praba Diwangkara Caraka Putra Soma as a new Director. This appointment is part of a leadership regeneration and organisational strengthening strategy to support the company’s long-term sustainable growth. The terms of office for the Board of Directors and Board of Commissioners will run until the closing of the company’s RUPST in 2029. In the RUPSLB, shareholders also approved a stock split with a 1:5 ratio, reducing the nominal value from Rp25 to Rp5 per share. Consequently, the number of shares will increase from 4,227,082,500 to 21,135,412,500. This corporate action is expected to enhance the trading liquidity of the company’s shares and expand its investor base in the capital market. The RUPSLB also approved amendments to the company’s Articles of Association regarding adjustments to the authority of the Board of Directors and the company’s purposes, objectives, and business activities in accordance with the 2025 Indonesian Standard Industrial Classification (KBLI). President Director of PT Rukun Raharja Tbk, Djauhar Maulidi, stated that the company’s continued growth throughout 2025 provided a strong foundation for delivering value to shareholders through dividends and improving share liquidity via the stock split. He added that the company is simultaneously preparing the next generation of leadership to ensure long-term growth sustainability, reflecting its commitment to creating sustainable value for all shareholders and stakeholders. Djauhar noted the company remains optimistic about the prospects for the national energy industry in 2026, citing a diversified business portfolio spanning upstream, midstream, and downstream, along with future energy initiatives, healthy financial fundamentals, strategic project development, and a commitment to corporate governance and ESG implementation.