JAKARTA – Shareholders of PT Dian Swastatika Sentosa Tbk (DSSA) agreed upon the stock split plan with a ratio of 1:10, meaning that one old share divided into 10 shares with new value. The approval was obtained during Extraordinary General Meeting of Shareholders yesterday (25/6).

In the information disclosure quoted Wednesday (25/6), Susan Chandra, Corporate Secretary of DSSA, confirmed that 88.41% of present shareholders agreed upon the stock split. “They approve of stock split with a ratio of 1:10 and the adjustment of articles of association of the company in regard to said plan,” she added.

As of May 2024, DSSA’s number of shares clocked up to 770.55 million worth IDR 250 each. Next, the number of shares will multiply to 7.70 billion worth IDR 25 per share.

In the stock exchange, the transaction frequency of DSSA is indeed quite low due to its unaffordable price. Yesterday (25/6), DSSA’s transaction volume only reached 127,300 shares within 16 transaction worth IDR 30.42 billion. It was closed at IDR 239 thousand, with the peak recorded at IDR 240 thousand per share.

The number of shareholders and public shares’ volume are reported at 850 and 20.1% of 770.55 million shares. Controlling shareholders own 59.9% of the shares, and treasury stock was recorded at 20% as of May 2024. (LK/ZH)