PT Matahari Putra Prima (IDX: MPPA), unit of Lippo Group, to declare the final cash dividend in the amount of Rp139.8 billion or Rp26 per share. In earlier December 2015, the Company already declared an interim cash dividend of Rp 37.6 billion, or Rp7 per share.
Thus, the Annual General Meeting of Shareholders (AGMS) approved the Company to declare a total of Rp177.5 billion cash dividend, or Rp33 per share for the fiscal year 2015. The date of the final cash dividend payment will be announced later.
The AGM also approved for the changes in the company’s board of commissioner (BOC) and board of director (BOD) structure with the appointment of a new member of Director Widhayati Hendropurnomo.
Widhayati started her career in PT Bank Lippo Tbk from 1985 to 1987 as an Internal Auditor. Between 1988 to 1999 she was the Corporate Secretary of PT Pacific Utama Tbk, PT Lippo Karawaci Tbk and Lippo Securities Tbk.
From 2000 until 2008, she served as the Corporate Secretary of PT Bank Lippo Tbk. She represented PT Bank Lippo Tbk as a member of the Board of Commissioners of PT Ciptadana Assets Management from 2001 until November 2005.
In the end of 2008, she returned to Lippo Group to serve as Legal Director and Corporate Secretary. She obtained her Bachelor of Science Degree in Mathematical Statistics from Monash University, Australia.
In 2015, Matahari opened 33 stores which includes 7 Hypermart, 1 SmartClub, 2 Foodmart, 9 Boston Health & Beauty, and 14 FMX in 2015 and now operates a total of 293 stores.
Noel Trinder, CEO of MPPA, said, “We are pleased to announce the final cash dividend of Rp139.8 billion to our valued shareholders. This final dividend, along with the previous interim dividend payment, demonstrates the Company’s ongoing commitment to increase its shareholders value despite that the Company had to operate within the challenging macro economy situation in 2015.”