Thursday, April 26, 2007

Pan Brothers to Pay Dividends of IDR1 per Share on June 4

Garment company PT Pan Brothers Tbk (PBRX) has planned to pay cash dividends of IDR445.440 million (IDR1 per share) for the 2006 fiscal year, the management said. The management said that the dividends will be paid out on June 4, 2007, and the total dividend value (IDR445.440 million) is only 4.5% of the 2006 total net profit which was IDR9.747 billion. The dividends will be paid out to the shareholders whose names are recorded on May 23, 2007, and the plan to pay the cash dividends was approved by the shareholders in the AGM on Monday (23/4) in Jakarta. Cum dividend dates in the regular/negotiated and the cash markets are May 16 and 23, 2007, while ex dividend dates in the two markets are May 21 and 24, 2007.

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