20240318_BBCA_Keterbukaan Informasi terkait Aksi Korporasi_31607363_lamp2.pdf

www.bca.co.id



PT BANK CENTRAL ASIA Tbk

ANNOUNCEMENT OF SCHEDULE AND PROCEDURE FOR
DISTRIBUTION OF CASH DIVIDENDS FOR FINANCIAL YEAR 2023
In accordance with the resolution of the Annual General Meeting of Shareholders of PT Bank Central Asia Tbk (the “Company”) dated 14 March 2024,
it is hereby notified to all shareholders of the Company that the Company is going to pay out cash dividends of Rp270 (two hundred seventy
rupiah) per share for the financial year 2023, provided that such cash dividends shall be set off against the interim cash dividends for the
financial year 2023 at Rp42.50 (forty-two rupiah and fifty cents) per share, which were already paid by the Company to the shareholders on
20 December 2023, and therefore the remaining cash dividends for the financial year 2023 will be paid by the Company at Rp227.50 (two
hundred twenty seven rupiah and fifty cents) per share.
The schedule and procedure for the distribution of cash dividends for the financial year 2023 are as follows:

A. SCHEDULE

 No.                                              Activity                                                                           Date
     1.     Announcement on the Indonesia Stock Exchange and in the Newspapers                                                   18 March 2024
     2.     End of Trading Period for Shares with Dividend Rights (Cum Dividends)
            • Regular Markets and Negotiated Markets                                                                             22 March 2024
            • Cash Markets                                                                                                       26 March 2024
     3.     Start of Trading Period for Shares without Dividend Rights (Ex Dividends)
            • Regular Markets and Negotiated Markets                                                                             25 March 2024
            • Cash Markets                                                                                                       27 March 2024
     4.     Record Date to determine the Shareholders’ Eligibility for Dividends                                                 26 March 2024
     5.     Date of Payment of Cash Dividends                                                                                        4 April 2024

B.        PROCEDURE FOR DISTRIBUTION OF CASH DIVIDENDS
1.        Cash dividends will be paid out to the shareholders of record as listed on the Company’s Register of Shareholders as at 26 March 2024,
          16:00 Western Indonesia Time (Record Date).
2.        For a shareholder whose shares are placed in the collective custody of PT Kustodian Sentral Efek Indonesia (“KSEI”), the cash dividends will
          be distributed by KSEI on 4 April 2024 through the Securities Company and/or the Custodian Bank with which the shareholder has opened
          a securities account. A confirmation of the proceeds from the cash dividend payment will be provided by KSEI to the Securities Company
          and/or the Custodian Bank with which the shareholder has opened a securities account. Subsequently, the shareholder will obtain
          information on the cash dividends distribution from the Securities Company and/or the Custodian Bank with which the shareholder has
          opened a securities account.
          However, for a shareholder whose shares are not placed in the collective custody of KSEI (holder of shares with physical certificates), the
          cash dividends will be directly transferred to the bank account of the relevant shareholder.
3.        The cash dividends to be paid to a shareholder with status as a Resident Taxpayer (Wajib Pajak Dalam Negeri) will not be subject to Income
          Tax withholding, whereas the cash dividends to be paid to a shareholder with Non-Resident Taxpayer status will be subject to Income Tax
          withholding in accordance with the tax law prevailing as of the Record Date.
          The Income Tax obligation arising in connection with the dividends received by the shareholder with Resident Taxpayer status constitutes
          the responsibility of the relevant shareholder and must be fulfilled by the relevant shareholder on their own.
4.        If the shareholder is a juristic person with Resident Taxpayer status and has not provided its Taxpayer Identification Number (Nomor Pokok
          Wajib Pajak, or NPWP) to the Securities Company and/or the Custodian Bank with which the shareholder has opened a securities account,
          such shareholder is required to provide its NPWP to KSEI through the Securities Company and/or the Custodian Bank with which the
          shareholder has opened a securities account, no later than 26 March 2024, 16:00 Western Indonesia Time.
5.        A shareholder with Non-Resident Taxpayer status from a country with which the Republic of Indonesia has entered into a Double Taxation
          Agreement (DTA) or Tax Treaty may benefit from a lower rate of withholding tax (at the rate as agreed in the DTA), being less than the
          normal rate of 20% provided that such shareholder meets the requirements stipulated in Regulation of the Directorate General of Taxes
          No. PER-25/PJ/2018 dated 21 November 2018 on the Procedure for the Implementation of DTAs, i.e., filing with KSEI the Non-Resident
          Taxpayer’s Certificate of Domicile (CoD) in the form of the original DGT Form, which has been duly and accurately completed and signed
          and certified by the competent officer in the country of the counterparty (if not available, such document may be substituted with the
          Certificate of Residence (CoR) in the English language) in accordance with the provisions laid down by KSEI. However, if during the current
          year, the Non-Resident Taxpayer has conducted a transaction and has provided a Taxpayer in Indonesia with the original DGT Form
          accompanied by the CoR, the CoD in the form of the DGT Form may be substituted with a soft copy of the Receipt for the CoD that has been
          registered on the e-CoD official website. If the shareholder fails to provide such document within the time frame stipulated by KSEI, then
          the cash dividends payable to such Non-Resident Taxpayer will be subject to income tax withholding under Article 26 of the Tax Law (PPh
          Pasal 26) at the maximum rate imposed by law, i.e 20%
6.        Under the tax laws and regulations currently in force, the dividends received by a Resident Individual Taxpayer (Wajib Pajak Orang Pribadi
          Dalam Negeri) are no longer subject to income tax withholding and can be treated as income that is not included as an income tax object
          as long as they are invested in the territory of the Unitary State of the Republic of Indonesia as regulated in Government Regulation number
          9 of 2021 (PP9), Regulation of the Minister of Finance number 18 of 2021 (PMK18) and the implementing tax regulations; otherwise, the
          Resident Individual Taxpayer may also choose to be subjected to final income tax of 10% according to Article 17 paragraph (2c)* of the
          Income Tax Law without the obligation to invest the same in the territory of the Unitary State of the Republic of Indonesia.
          If the Resident Individual Taxpayer chooses to treat the dividends as income that is not included as an income tax object but fails to comply
          with the investment requirement under the provisions and procedures stipulated in PP9 and PMK18, the relevant dividends will,
          notwithstanding the above, be subjected to final income tax of 10% according to Article 17 paragraph (2c)* of the Income Tax Law.
               * Payment of the final income tax (PPh) on the dividends as described above must be made by the relevant Resident Individual Taxpayer no later than the 15th (fifteenth)
                 day of the month subsequent to the month of the Record Date
7.  The Income Tax (PPh) withholding will be made in accordance with the tax laws and regulations prevailing as of the Record Date. If a new
    tax law or regulation is later issued after the income tax (PPh) withholding is made and the new tax law or regulation is retroactively applied
    to the Record Date, resulting in overwithholding, then the refund of the overwithheld tax will be claimed by the relevant shareholders
    affected by the new tax law or regulation through the tax refund mechanism under the prevailing tax laws or regulations (as of the date of
    this announcement, being Regulation of the Minister of Finance Number 187/PMK.03/2015).
8. For a shareholder whose shares are placed in the collective custody of KSEI, the withholding tax certificate in respect of the income tax
    withholding for the cash dividends can be collected at the Securities Company and/or the Custodian Bank with which the shareholder has
    opened a securities account. For any holder of shares with physical certificates, the withholding tax certificate in respect of the income tax
    withholding for the cash dividends can be collected at the Company’s Securities Administration Bureau, namely, PT RAYA SAHAM
    REGISTRA, Gedung Plaza Sentral, Lt.2, Jl. Jendral Sudirman Kav. 47-48, Jakarta 12930, Telp. (021) 252 5666.
9. The Securities Company and/or the Custodian Bank that retains the electronic records of the Company’s shares that are placed in the
    collective custody of KSEI are kindly requested to provide the shareholders’ data and any documents showing their tax status to KSEI within
    1 (one) exchange day after the Record Date or as otherwise stipulated by KSEI.
10. In the event of any tax issues hereafter arising or any claims in relation to the cash dividends already paid out to and received by the
    shareholders whose shares are placed in the collective custody of KSEI, other than the circumstances described above, the relevant
    shareholders are kindly requested to settle the issues or claims with the Securities Company and/or the Custodian Bank with which the
    shareholders have opened a security account in accordance with the prevailing tax laws and regulations.

This announcement serves as an official notification from the Company. The Company does not issue any other specific notification to the
shareholders.

                                                                           Jakarta, 18 March 2024
                                                                         PT BANK CENTRAL ASIA Tbk
                                                                             Board of Directors