DMAS to Distribute Cash Dividend of Rp 313 Billion

JAKARTA, May 11, 2021 – PT Puradelta Lestari Tbk (ticker code: DMAS), developer of Kota Deltamas integrated industrial estate will distribute cash dividend of Rp313 billion or equal to Rp6.5 per share to its shareholders. The dividend distribution proposal has been approved in the Annual General Meeting of Shareholders (GMS) held on held on May 7, 2021 in Hotel Mulia, Senayan, Jakarta. “The cash dividend will be distributed on June 8, 2021,” said Tondy Suwanto, Director and Corporate Secretary of PT Puradelta Lestari Tbk.

The Annual GMS of PT Puradelta Lestari Tbk has decided to approve dividend distribution for fiscal year 2020 of Rp1.518 trillion or equal to Rp31.5 per share, whereby Rp1.205 trillion or equal to Rp25 per share was distributed as interim dividend on December 18, 2020, while Rp313 billion or equal to Rp6.5 per share will be distributed with the following schedule:

Despite approval on cash dividend distribution, Annual GMS of PT Puradelta Lestari Tbk has also approved the change of the composition of Board of Commissioners, by accepting the resignation of Mr. Yu Mizuike from his position as Vice President Commissioner of the Company and appointing Masakazu Hashimoto as the new Vice President Commissioner, and therefore the composition of Board of Commissioners is as follow:

• President Commissioner: Muktar Widjaja
• Vice President Commissioner:  Teky Mailoa
• Vice President Commissioner: Masakazu Hashimoto
• Commissioner: Hirofumi Takeda
• Independent Commissioner: Teddy Pawitra
• Independent Commissioner: Susiyati Bambang Hirawan

At the same time, PT Puradelta Lestari Tbk also held Extraordinary GMS which approved the amendments of the Article of Associations of the Company in accordance with Financial Service Authority (OJK) Regulation 15/POJK.04/2020 and Financial Service Authority (OJK) Regulation 16/POJK.04/2020.

PT Puradelta Lestari Tbk at a Glance

PT Puradelta Lestari Tbk is an integrated township developer of Kota Deltamas, located in Central Cikarang, with total development area up to 3,200 hectares. Kota Deltamas is a prime township at east of Jakarta with strategic location, wide land bank, direct toll access, and equipped with comprehensive facilities and infrastructures.

PT Puradelta Lestari Tbk continues to develop its world class infrastructures to support its self-sustained integrated township, consists of industrial, residential, and commercial area, and extend its facilities to assure life quality of all workforce in the industrial area, residents, and its surrounding community. New facilities will continue to emerge in the township, ranging from education institutions, serviced apartment, and commercial center development plan in Kota Deltamas. In addition, proper estate management, including assurance of security, clean environment, and convenience, as well as comprehensive master plan has become the excellence of Kota Deltamas as an integrated township.

Majority and controlling shareholders of PT Puradelta Lestari Tbk are PT Sumber Arusmulia (57.28%), which is part of Sinar Mas Land, prominent developer in Indonesia, and Sojitz Corporation (25.00%), a Japanese general trading company with network in over 50 countries in the world.

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