Schedule and Cash Dividend Payment Information
PT PELITA SAMUDERA SHIPPING Tbk
Based in di Jakarta
(“Company”)
NOTIFICATION TO SHAREHOLDERS
PT PELITA SAMUDERA SHIPPING TBK (“COMPANY”)
Based on the result of the Annual General Meeting of Shareholders (“Meeting”) which was held on June 3, 2020, the Directors have notified the Company’s shareholders that the Company will distribute cash dividend for Fiscal Year 2019 in the amount of Rp. 5 (five Rupiah) per share stock.
The schedule for implementing Cash Dividend is as follows:
Procedure for distributing Cash Dividends:
- This notice is an official notification from the Company and the Company does not issue a special notification to shareholders.
- Cash dividends will be distributed to shareholders whose names are registered in the Company’s Register of Shareholders on June 15, 2020 or shareholders of the Company which are listed on the Sub Securities account at PT Kustodian Sentral Efek Indonesia (“KSEI”) at the close of trading on June 15 2020 (“Recording Date”).
- For Eligible Shareholders whose shares are included in KSEI’s collective custody, cash dividend payments will be made through KSEI and will be distributed on July 3, 2020 into the Customer’s Fund Account (RDN) in Securities Companies and / or Custodian Banks where shareholders open securities sub account. Whereas for Eligible Shareholders whose shares are not included in KSEI’s collective custody, the cash dividend payment will be transferred to the shareholder’s account.
- Cash Dividend Payment will be subject to tax in accordance with applicable laws and regulations. The amount of tax imposed will be borne by the Eligible Shareholders and deducted from the amount of cash dividends that will be paid to the Eligible Shareholders.
- For shareholders who are domestic taxpayers in the form of legal entities that have not included the Taxpayer Identification Number (NPWP), are requested to submit their NPWP to KSEI or the Securities Administration Bureau (BAE) of PT Datindo Entrycom at Jl. Hayam Wuruk No. 28, Jakarta 10120 no later than June 15, 2020 at 16:00 West Indonesia Time, without the inclusion of NPWP, cash dividends paid to the Domestic Taxpayer will be subject to a 100% higher PPh rate than the normal rate.
- For Eligible Shareholders who are Foreign Taxpayers whose tax deductions will use a tariff based on the Double Tax Avoidance Agreement (P3B), must meet the requirements of the Director General of Taxes Regulation No. PER-10 / PJ / 2017 concerning Procedures for Application of Double Tax Avoidance Approval by submitting record documents or DGT / SKD receipts that have been uploaded to the Directorate General of Taxes page to KSEI or BAE in accordance with KSEI rules and regulations, without the intended form, cash dividends paid will be subject to income tax article 26 of 20%.
- For Shareholders whose shares are held in KSEI collective custody, proof of deduction of dividend tax can be taken at the Securities Company and/or Custodian Bank where Shareholders are entitled to open their securities accounts and for Authorized Shareholders in the form of paper, proof of withholding tax can be taken at BAE.
Jakarta 8th June 2020
PT Pelita Samudera Shipping Tbk
The Director