Astragraphia Still Shares Dividends of 40% of 2019 Net Profit

Overview

  • Astragraphia continues to distribute dividends of 40% of 2019 net income
  • AGM Astragraphia approved changes in the composition of the company's Board of Commissioners and Directors
  • Astragraphia applies business strategy in dealing with the Covid-19 pandemic

Jakarta, June 10, 2020 - PT Astra Graphia Tbk (Astragraphia) today held the 2020 Annual General Meeting of Shareholders (AGM) at Catur Dharma Hall, Menara Astra, Jakarta. In carrying out the AGM during the Covid-19 pandemic, Astragraphia followed the health protocol in accordance with government directives. To limit the attendance of AGMS participants, Astragraphia's shareholders can also provide power electronically through e-proxy provided by PT Kustodian Sentral Efek Indonesia (KSEI).

 

Based on the AGMS' decision today, Astragraphia continues to distribute dividends to shareholders of 40% of the total net income for the 2019 fiscal year. Each Astragraphia shareholder will get a total dividend of Rp 74 per share. Previously, Astragraphia had distributed an interim dividend of IDR 25 per share on October 23, 2019. The distribution of the remaining dividend of IDR 49 per share had been scheduled on July 6, 2020.

In addition to the distribution of dividends, the decision of Astragraphia's AGM also raised:

  • Santosa as President Commissioner replaces Bambang Widjanarko Santoso.
  • Hendrix Pramana as President Director replaces Herrijadi Halim, who has entered the retirement period.
  • King Iriawan Sutanto as Director replaces the late Mangara Pangaribuan.
  • Widi Triwibowo as Director replaced Hendrix Pramana, also responsible for a subsidiary of PT Astra Graphia Information Technology (AGIT) as President Director.

 

Thus, a change in the composition of the company's Board of Commissioners and Directors is as follows:

            President Commissioner         : Santosa

            Commissioner                         : Gunawan Geniusahardja

            Independent Commissioner    : Lukito Dewandaya

 

            President Director                   : Hendrix Pramana

            Director                                   : Halim Wahjana

            Director                                   : King Iriawan Sutanto

            Director                                   : Widi Triwibowo

 

Hendrix Pramana, President Director of PT Astra Graphia Tbk said, "Looking at Indonesia's economic projections and business challenges this year, Astragraphia is still optimistic in reviewing new business opportunities and has implemented the necessary strategic steps. We will optimize revenue contribution from the core business of document solutions through a technology-based document management solution package approach and the acquisition of a competitor market ”

Hendrix Pramana continued, "The company will continue to strive to carry out operational excellence in every process in all business lines in order to maintain business continuity amid the conditions of the Covid-19 pandemic. Astragraphia will continue to encourage new business growth in the area of ​​printing and digital services, as well as strengthen human resource competencies to support business transformation. "

During the Covid-19 pandemic, Astragraphia provided a series of assistance to the surrounding community at the epicenter of the spread of Covid-19 and around the Astragraphia headquarters. Providing assistance in the form of self-disinfection equipment, food, Personal Protection Equipment (PPE), and cash.

"This is in line with one of our work plans this year, namely to strengthen contributions to sustainable development that focus on the pillars of education and the environment," said President Director of PT Astra Graphia Tbk, Hendrix Pramana.