JAKARTA. PT FAP Agri Tbk (FAPA), an agricultural product company, is announcing a dividend income received from one of its subsidiaries, PT Tirta Madu Sawit Jaya (TMSJ).

Hendryzal M Panjaitan, Corporate Secretary of FAPA, mentioned that the dividend income scored from TMSJ is IDR 47.5 billion. Currently, FAPA is the controlling shareholder of TMSJ, with direct ownership portion of 95%.

According to IDNFinancials record, FAPA also recorded dividend income from TMSJ back in August 2024, also clocking up to IDR 47.5 billion, at that time.

On June 11 and July 8, 2024, FAPA also collected dividends from PT Riau Agung Karya Abadi (RAKA) and TMSJ, receiving IDR 106.4 billion and IDR 10.45 billion from those subsidiaries, respectively. (KR/ZH)