Ultrajaya Will Break The Stock Nominal Value This Weekend

By : Hariyanto And Aldo Bella Putra | Sunday, August 06 2017 - 15:50 IWST

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INDUSTRY.co.id - Jakarta - PT Ultrajaya Milk Industry Tbk (ULTJ) will split the nominal value of shares or stock split or Rp200 per share to Rp50 per share. The plan has been approved by the AGM on June 22, 2017. It quoted the information disclosure on BEI, Friday (4/8/2017).

On August 9, is the last trading with a nominal value of Rp200 per share while August 10 is the beginning of trading with new nominal value in the regular market and negotiation market.

Ultrajaya's business activities are engaged in food and beverage industry, and trading field. In the field of drinks Ultrajaya produces various types of beverages such as liquid milk, fruit juice, tea, traditional drinks and health drinks, processed with UHT technology (Ultra High Temperature) and packed in aseptic carton packaging. In the field of food Ultrajaya produces sweetened condensed milk, milk powder, and tropical fruit concentrate.

Ultrajaya markets its products by direct selling, through modern markets. Direct sales are made to shops, P & D, kiosks, and other traditional markets using their own fleets.

Indirect sales are made through agents / distributors spread throughout the archipelago of Indonesia. The company also exports sales to several countries.

The shareholders of ULTJ are PT Prawirawidjaja Prakarsa (21.40%), Tuan Sabana Prawirawidjaja (14.66%), PT Indolife Pensiontana (8.02%), PT AJ Central Asia Raya (7.68%) and UBS AG Singapore Non-Treaty Omnibus Acco (Custodian) (7.42%).

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