Dividend Policy DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
9. Dividend Policy
All the Company’s shares which have been subscribed and fully paid in the Company, including shares offered in this public offering, have the same rights and equal in all respects, including the right to dividend distribution. The Company does not have a negative covenants related to the distribution of dividends that can be detrimental to public shareholders. After this Public Offering, the Company intends to distribute dividends to the Company’s shareholders at least 30 thirty percent of the net profit after the Company’s consolidated tax in relevant fiscal year starting in fiscal year 2011. This dividend distribution will be done by taking into account the operation results, cash flow, capital adequacy, financial condition, investment plans, the establishment of a reserve fund compliance obligations and fulfillment of other obligations, the Companys prospects in the future, compliance with applicable laws and regulations, and approval of RUPS. Board of Directors may change the dividend policy at any time as long as getting approval of RUPS. For the fiscal year 2011, based on Deed No. 24 dated September 19, 2011, from Linda Herawati, SH, notary in Central Jakarta, all members of the Board of Directors of the Company with the approval of the Board of Commissioners of the Company, the Company has distributed an interim dividend to PT Dian Swastatika Sentosa Tbk for Rp169,999,660,000 and PT Sinar Mas Cakrawala for Rp340,000. If after the end of the Company’s fiscal year on December 31, 2011, the company suffered loss, the interim dividend that has been distributed must be returned by the shareholders to the Company. The Company’s Board of Directors and Board of Commissioners jointly and severally liable for the Company’s damages in terms of the shareholder are unable to return the interim dividend referred to above.10. Information on Subsidiaries
Parts
» A Brief History of the Company
» Public Offering Capital Structure and Company’s Shareholders Composition
» Business Risks DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Competitive Advantage Business Strategy Summary of Financial Highlights
» Dividend Policy DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» OF THIS PROSPECTUS Material Case
» Information on Subsidiaries PENAWARAN UMUM PERDANA
» Summary of Strategic Agreement
» Plan of Shares Selling by Majority Shareholder of the
» CONVERTIBLE BONDS DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» General DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Factors Affecting the Business Activities and Operation Results
» Material Accounting Policies DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Finance A. Growth of Revenues, Expenses and Profit
» Financial Ratio Liquidity DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Capital Expenditure DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Risk Management DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Risk of significant coal price fluctuation
» Risk of increasing fuel price andor raw materials andor
» Risk DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Risk from DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Risk from limited services and coal transportation routes Risk of declining coal quality
» Risk of coal oversupply Risk of failure or delay in the implementation of the Company’s strategy
» Risk of mine reclamation and rehabilitation requirements
» Risk of stock price fluctuation
» Risk of possibility of no dividend payment
» Risk of terminated or revoked coal mining rights by the Government
» Risk of illegal mining Risk associated with the local population in mining areas
» Risk of labor actions and demonstration
» Risk of DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» BRIEF HISTORY OF THE COMPANY
» DEVELOPMENT OF COMPANY’S SHAREHOLDING STRUCTURE
» MANAGEMENT AND SUPERVISION DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» ORGANIZATION STRUCTURE OF THE COMPANY HUMAN RESOURCES
» BRIEF DESCRIPTION OF SHAREHOLDERS IN THE FORM OF LIMITED LIABILITY COMPANIES
» BRIEF DESCRIPTION OF THE SUBSIDIARIES
» LICENSING DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» DESCRIPTION ON COMPANY’S ASSETS
» INSURANCE DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» MATERIAL AGREEMENTS DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» TRANSACTIONS WITH RELATED PARTIES
» LEGAL PROCEEDINGS INVOLVING THE COMPANY
» OVERVIEW BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» BUSINESS PROSPECTS BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» COMPETITIVE ADVANTAGE BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» COAL PRODUCTS BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» COAL MINING PROJECTS BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» EXPLORATION ACTIVITIES BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» LAND COMPENSATION AND CULTIVATED PLANTS MINING OPERATION ACTIVITIES
» PRODUCTION INFRASTRUCTURES AND FACILITIES
» COMPETITION BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» BUSINESS STRATEGY AND DEVELOPMENT PLAN
» GOOD CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY
» ENVIRONMENTAL IMPACT ASSESSMENT EIA
» OCCUPATIONAL HEALTH AND SAFETY K3
» Energy content Ash BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» Sulfur BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» Moisture Content or Humidity
» DIVIDEND POLICY Prospektus English GEMS
» Non-resident Tax Payer TAXATION
» Resident Tax Payer Indonesian Shareholder
» UNDERWRITING SYNDICATION COMPOSITION TAXATION
» DETERMINATION OF OFFERED PRICE IN THE PRIMARY MARKET
» Legal Consultant: MAKES PARTNERS
» Public Accountants: KAP MULYAMIN SENSI SURYANTO Public Notary: LINDA HERAWATI, S.H.
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