MARKET MOVING: Prima Steel to stock split

Irvin Avriano A.

May 02, 2012 07:51

JAKARTA: PT Prima Alloy Steel Universal Tbk is planning to conduct stock split under the ratio 1:4.

Management will ask shareholders approval over the matter and convertible bonds issuance plan on extraordinary meeting of shareholders on June 15.

As written on its official statement to market regulator, the meeting will also discuss change of directors. (T05/aph)

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