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Company News
Limas Changes Its Name
Bisnis Indonesia, page B1 (13-October-2005)
PT Limas Stockhomindo Tbk announced that it has changed the company’s name to PT Limas Centric Indonesia Tbk (LMAS) to promote the company’s new image. The name change was based on the special meeting held on 30 June 2005. The Ministry of Justice and Human Rights has approved the new name on 1 August 2005 as written in Meeting Log No. 12 dated 14 September 2005.
Limas Divides Dividends
Kompas, page 21 (1-July-2005)
PT Limas Stockhomindo Tbk. divided its dividends for the first time since it went public in 2001. The general meeting of shareholders have decided to divide 30% of its 2004 net profit. From the Rp 42.01 billion net profit the company obtained, shareholders have decided to divide Rp 12.6 billion. The company did not divide its dividends in the previous years due the fact that it was still suffering financial loss. However, last year the company had a good performance and booked a soaring 195% net profit increase.

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