Petrosea shareholders approve of plan for stock split
Friday, October 22 2010 - 01:11 AM WIB
Indonesian stock exchange (IDX)-listed mining contractors firm PT Petrosea Tbk has got its shareholders' approval to split its stock.
The company?s corporate secretary Anang Rizkani Noor said on Thursday that shareholders approved a stock split of 1 to 10 to change the nominal value from Rp 500 per share to Rp 50.
Petrosea is wholly-owned subsidiary of IDX-listed PT Indika Energy (*)