Metland Rp 40 Billion Dividend

PT Metropolitan Land Tbk (MTLA) will distribute profits or dividends to shareholders amounting to Rp 40.47 billion or USD 5.37 per share. The amount of dividends equal to 20% of the company’s net profit of Rp 203.69 billion in 2012 to 7.57 billion stockholders.

Director Metland Nanda Widya said dividend decision has been approved in the Annual General Meeting (AGM) held by the company at the Hotel Mulia, Jakarta, Thursday (16/05/2013).

“The dividends will be distributed on July 5, 2013,” he said.

In addition, the shareholders also approved a net profit in 2012 was allocated to the reserve fund of Rp 2 billion company to a business development company. While the remainder recorded as retained earnings to increase working capital.

The Company recorded income of $ 678.729 billion in 2012, up 25.3% compared to 2011 revenue of Rp 541.781 billion. While the value of the company’s assets in 2012 grew 16.5% to Rp 2.016 trillion from Rp 1.73 trillion.

Mestika Bank Shutter Credit Distributes Rp 5.9 Trillion in 2013

Tbk PT Bank Mestika Dharma targets loan portfolio to Rp 5.94 trillion in the year 2013. As many as 30% of the total loan will be disbursed to Small and Medium Enterprises (SMEs) who are so focused the company’s business.

Director of Bank Mestika Dharma Achmad S. Kartasasmita said, until the end of December 2012 the Bank from Medan, North Sumatra has disbursed loans amounting to Rp 5.1 trillion to Rp 1.4 trillion disbursed details for working capital.

“Approximately 30% of the company disbursed loans to the SME sector. Remainder distributed to consumers, including mortgages and corporate,” Achmad said when met at the House Energy, Jakarta, Wednesday (06/19/2013).

He said the company also plans to open a branch office in the area of ​​Jambi, Jakarta, Tanjung Pinang, and Jabodetabek, but currently only one branch which has obtained permission from the regulator, which in Jambi.

“Bank Mestika seek middle branch offices in other locations, namely Jakarta, Tanjung Pinang, and Greater Jakarta,” he said.

With the addition of the branch offices, Achmad targets a net profit of Rp 291 billion at the end of 2013, up 8.8 percent.

Throughout 2012, the company has collected deposits (deposits) amounted to Rp 5.4 trillion to Rp 2.98 trillion composition is saving, Rp 706 billion in demand deposits and time deposits remaining. The company targets increase in deposits during the year amounted to Rp 6.3 trillion.

Assets of the company until the end of 2012 reached Rp 7.3 trillion and is targeted to increase to Rp 8.4 trillion this year. Asset growth was driven by the addition of the company’s branch offices.

“Now we have 10 branches, 44 sub-branches, cash offices and 6 are located in Sumatra and Java,” he said.