Business Context and Reporting Period
This Form 6-K filing by Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia, Tbk (Telkom Indonesia) was submitted on June 18, 2009. The document serves as an announcement regarding the distribution of cash dividends for the financial year 2008, following resolutions passed at the Annual General Meeting of Shareholders on June 12, 2009.
Key Financial Metrics
The filing provides specific data regarding the dividend payout but does not contain a full set of financial statements (revenue, profit, cash flow, margins, debt, or liquidity) for the reporting period.
- Total Cash Dividend Amount: Rp 5,840,708,099,718
- Dividend Per Share: Minimum of Rp 296.9435 per share
- Share Basis: Based on issued shares, excluding shares bought back by the Company.
Material Changes
The filing does not provide comparative financial data or discuss material changes in revenue, profit, or operational metrics versus prior periods. The primary material event disclosed is the approval and scheduling of the 2008 dividend distribution.
Guidance, Outlook, and Procedures
Management has outlined the specific schedule and procedures for the dividend payment:
- Recording Date: July 10, 2009 (16:00 WIB)
- Ex-Dividend Dates: July 8, 2009 (Regular/Negotiation Market) and July 13, 2009 (Cash Market)
- Payment Date: July 27, 2009
Tax Contingencies and Procedures:
- ADS Holders: Payments made through the Custodian Bank appointed by Bank of New York-Mellon.
- KSEI Registered Shares: Distributed to securities companies or custodian banks.
- Non-KSEI Registered Shares: Paid in cash at PT Bank Negara Indonesia (BNI) branches or via bank transfer (minimum Rp 500,000).
- Tax Withholding Risks:
- Entity shareholders without a registered Tax Register Number (NPWP) by July 10, 2009, will face a 30% withholding tax.
- Offshore tax payers failing to submit a legalized Certificate of Domicile by July 10, 2009, will face a 20% withholding tax.
Investor Verification Checklist
- Verify share ownership status on the Record Date (July 10, 2009) to ensure eligibility for the dividend.
- Confirm that entity shareholders have registered their NPWP with KSEI or the Company Registrar by the July 10, 2009 deadline to avoid the 30% withholding tax.
- Offshore investors must verify submission of the legalized Certificate of Domicile by July 10, 2009, to avoid the 20% withholding tax.
- Shareholders seeking bank transfers must ensure their dividend amount is at least Rp 500,000 and submit transfer requests by July 10, 2009.