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HUMPUSS INTERMODA RESORTS TO 1:5 STOCK SPLIT.
(From Antara - The Indonesian National News Agency)
from ANTARA, The Indonesian National News Agency Jakarta, Oct 28 (ANTARA) - Transport firm PT Humpuss Intermoda Transportasi Tbk has resorted to a stock split from Rp500 to Rp100 with a view to enhancing the liquidity and composition of its stockholders
"Previously there has been no significant movements of our stocks, therefore we resorted to a stock split to raise our shares in circulation," the new president director of PT Humpuss Intermoda Transportasi Tbk Teguh Arya Putra said after an extraordinary shareholders meeting in Jakarta on Friday
With share prices at present level, Teguh said, …
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Newspaper article from: Jakarta Post
June 29, 2001
700+ words
