JAKARTA: Management of shopping centers and specialty store PT Mitra Adiperkasa Tbk distributed dividends worth IDR58.1 billion for fiscal year 2011.
Corporate Secretary Mitra Adiperkasa Fetty Kwartati said the value is equal to IDR35 per share or 16.13% of net profit in 2011.
She added the company has realized capital expenditures of up to IDR110 billion in May this year. The funds were used to open 64 new outlets.
As at the end of December this year, the company is targeting to open 300 new stores with an investment fund reached IDR600 billion. Funding needs for additional outlets will be taken from internal cash and bank loans. (T03/TW)