Chandra Asri Stock Split 1:5

PT Chandra Asri Petrochemical, Tbk (TPIA IJ) had approval from shareholders to break up the value of the shares or stock split. Approval obtained in the extraordinary general meeting shareholders on Monday, November 6, 2017. Company will stock split with a ratio of 1:5, this mean that the nominal value of the shares of Chandra Asri would be IDR200 per share from the previous IDR1,000 per share. Company decided do a stock split, because its stock prices valued are too expensive.

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