JAKARTA. PT PAM Mineral Tbk (NICL), a nickel mining company under PAM Group, announces its plan to distribute interim dividend of IDR 42.54 billion or IDR 4 per share.

Suhartono, Corporate Secretary of NICL, mentioned that said plan aligns with the decision made by the board of directors of the company. “It had been approved by the board of commissioners on November 13, 2023,” he added in the information disclosure in Indonesia Stock Exchange (IDX).

The interim dividend will be given to NICL’s shareholders who have been officially registered by the recording date on November 24, 2023. The payment of this interim dividend is due December 12, 2023.

According to IDNFinancials data, NICL scored net profit of IDR 61.65 billion throughout January-September 2023. At the end of September 2023, it still held onto retained earnings of IDR 160.12 billion.

As of now, 45.33% of NICL’s shares is under the control of PT PAM Metalindo. PT Artha Perdana Investama owns another 30.22%, leaving 24.45% to public investors. (KR/ZH)