PT Indosat Tbk Approves Dividend; Approves the appointment of Frederik Johannes Meijer as Director
May 16, 2012 at 06:03 am EDT
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PT Indosat Tbk announced that at its AGM held May 14, 2012, approved the dividend of IDR 76.83 per share with 50% dividend pay out ratio and for reinvestment and working capital.
The company also approved the appointment of Mr. Frederik Johannes Meijer as Director, replacing Mr. Laszlo Imre Barta.
PT Indosat Tbk is an Indonesia-based company that provides telecommunications, informatics and/or convergence technology services. The Company operates through three segments: cellular, fixed telecommunications (fixed) and multimedia, Internet, and data communication (MIDI). Together with its subsidiaries, such as PT Indosat Mega Media (IM2) and PT Aplikanusa Lintasarta, it offers a range of fixed data or MIDI services, such as Internet protocol-virtual private network (IPVPN), leased line, Internet services and information technology (IT) services to corporate segments. Its MIDI services consist of Internet and data communication services, including high-speed point-to-point and point-to-multipoint international and domestic ethernet link and Internet with broadband and narrowband capacity, IPVPN and multiprotocol label switching-based services (MPLS). The Company provides cellular, fixed data and wireless broadband services as well as fixed telecommunication or fixed voice offerings.