The company has policy to pay dividend the minimum of 30% of net margin according to a financial statement, after deduction of tax, reserve capital requirement and the commitment as in terms of borrowing agreement. Nevertheless, the dividend policy relies on the investment plan, necessity of investment as may deem appropriate. Once the board of directors approves the annual dividend, the matter has to be proposed at the shareholders’ meeting for further approval unless it is the payout of interim dividend, in which the board has the authority to make the approval before reporting the transaction to the shareholders at the next shareholders’ meeting.
