JAKARTA. PT Ashmore Asset Management Indonesia Tbk (AMOR), an investment services issuer, will distribute a final dividend of IDR 27.5 per share or a total of IDR 60.81 billion.

Lydia Toisuta, Corporate Secretary of AMOR, conveyed this plan in accordance with the results of the General Meeting of Shareholders (GMS) which was held on 17 October 2024.

At the meeting, AMOR shareholders agreed to distribute cash dividends for the 2023 financial year of IDR 46 per share. This includes an interim dividend of IDR 18.5 per share which was distributed by the company on February 23, 2024.

According to idnfinancials.com data, AMOR posted a net profit of IDR 106.78 billion in the 2023 financial year. Furthermore, the remainder of the company's net profit was designated as retained earnings.

As of June 30 2024, 60.03% of AMOR shares were controlled by Ashmore Investment Management Limited. PT Adikarsa Sarana owns 13.05% of the shares, Ronaldus Gandahusada 6.3%, FX Eddyy Hartanto 5.63%, Arief Cahyadi Wana 5.4%, Steven Satya Yudha 0.01%, and public investors 9.08%. (KR/LM)