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AGII AGMS Approves to Distribute Cash Dividend amounting to IDR 30.67 Billion and Announces New Board Members

By PT Aneka Gas Industri27 July 2022

Jakarta, 27 July 2022 -PT Aneka Gas Industri Tbk (“AGI” or “the Company”) will distribute cash dividends for the 2021 financial year amounting to IDR 30.67 billion or IDR 10,063 per share. The amount is equivalent to 15% of the Company’s 2021 profit which reached IDR 211.48 billion. This was stated in the results of the Annual General Meeting of Shareholders ("AGMS") that was held on July 27th 2022. The Company obtained approval for the entire agendas of the AGMS, including approval of the Annual Report of the Board of Directors regarding the Company's business activities and financial performance for the financial year ending December 31st 2021. The cash dividend will be distributed to the shareholders of the Company whose names are recorded in the Register of Shareholders of the Company as of July 4th 2022 at 16:00 Western Indonesian Time. Payment of cash dividends to the Company's shareholders will be made on August 26th 2022.

Compared to the previous year’s dividend distribution, namely for the 2020 financial year, the dividend distributed by the Company for this year has increased by more than 200%. During the 2020 financial year, the Company only distributed cash dividends of IDR 3.15 per share or a total of IDR 9.58 billion.

“This dividend distribution is a form of our appreciation and gratitude towards the support from our shareholders. For the 2021 financial year, we agreed to distribute cash dividends of only 15% of net profit for the current year, because this year we plan on focusing our expansion activities towards strategic projects in order to support the Company's business development. This will hopefully support the Company’s consistent growth, and not to mention the trust of shareholders in us that we aim to continue to increase. We also continue to be committed to maximizing our performance and increasing the growth of our business portfolio in the future." said Rachmat Harsono, President Director of the Company.

Please click here to read full press release.

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