Information Disclosure: Plan to Distribute Bonus Shares (Capitalization of Additional Paid-in Capital / Share Premium)
Updated: Mar 14
PT Harta Djaya Karya Tbk (“the Company”) has published an Information Disclosure in relation to its plan to distribute Bonus Shares sourced from the capitalization of Additional Paid-in Capital (share premium / agio saham). The plan will be proposed for approval at the Company’s Extraordinary General Meeting of Shareholders (EGMS) on 8 April 2026 in Jakarta.
Key highlights:
Source of bonus shares: Additional Paid-in Capital as of 31 December 2024 (share premium).
Proposed maximum capitalization amount: IDR 35,768,032,680.
Proposed maximum number of bonus shares to be issued: 1,788,401,634 shares (nominal value IDR 20 per share).
Bonus share ratio: 10 : 8 (every 10 shares entitles shareholders to receive 8 bonus shares), with rounding down for fractions.
Indicative timeline (subject to EGMS approval):
Cum Bonus (Regular & Negotiation Market): 16 April 2026
Recording Date: 20 April 2026
Distribution Date: 8 May 2026
https://casinonederlanden.com was open in another tab while I read this, and the 10:8 ratio caught my eye since it's unusually generous compared to the 1:1 or 2:1 splits you typically see with share premium capitalization. The rounding down on fractions is worth watching too, because smaller retail holders often end up with more leftover scraps than they expect once the math plays out. Curious whether the EGMS in April actually approves the full IDR 35.7 billion or if it gets scaled back.