Temas Lines Shares Dividends Bisnis Indonesia, page B2, 2006-05-20
PT Pelayaran Tempuran Emas Tbk (Temas Line) will share cash dividends worth Rp.39,375 per note and also stock dividends as much as 148.83 million notes. In the yearly General Meeting of Shareholders, shareholders have agreed on the sharing of dividends worth a total of Rp.39.07 billion. They have agreed to this because for every 100 old notes owned, they will receive 15 notes of stock share dividends.
The sharing of dividends is equal to 30.89 percent of the company’s net profit in 2005 of Rp.126.46 billion. This net profit amount has sky rocketed 134.38 percent compared to the previous year’s Rp53.93 billion. All throughout 2005, Temas Line booked a net income of Rp..625.78 billion, up 71.14 percent compared to the previous year’s Rp.365.65 billion.
The company’s added foreign target market that rose from 5 percent last year to 10 percent this year needs to expand.
4 Companies Increase Container Transport Tariff Bisnis Indonesia, page T2, 2006-05-17
Four large sailing companies have agreed to increase the tariff of domestic container transports following the rise in operational costs and tariff wars among operators. The four companies include PT Djakarta Lloyd (DL), PT Tempuran Emas (Temas), PT Meratus Lines and PT Tanto Intim Lines (TIL). Last week, they increased the tariff of Tanjung Priok-Belawan route to Rp.5 million per container starting from May 15 2006. However, in reality the tariffs still have not increased as a result of the the tariff wars.
Copyright & Disclaimer PT. Dataindo Inti Swakarsa makes no representation to any other person with regard to the completeness or accuracy of the data or information contained herein, and it accepts no responsibility and disclaims all liability (save for liability which cannot be lawfully disclaimed) for loss or damage whatsoever suffered or incurred by any other person resulting from the use of, or reliance upon, the features, functions, tools, data or information contained herein.Information provided is not financial product advice. This report contains general information only. It is not intended as financial product advice and must not be relied upon as such. You should consider obtaining independent advice tailored to your specific circumstances before making any financial decisions. Copyright in this publication is owned by PT. Dataindo Inti Swakarsa. The publication is sold on the basis that the purchaser agrees not to copy the material contained within it for other than the purchasers own purposes. In the event that the purchaser uses or quotes from the material in this publication - in papers, reports, or opinions prepared for any other person - it is agreed that it will be sourced to: PT. Dataindo Inti Swakarsa