Kimia Farma Planning Reduce Dividend

Kimia Farma Planning Reduce Dividend

Jakarta (ANTARA) - PT Kimia Farma Tbk (KAEF) plan will reduce the dividend for fiscal year 2009, articles in the company was in need of funds to establish a subsidiary.

Company Secretary KAEF, Adhi Nugroho in openness informassi Thursday said its subsidiary to be established that will produce the corticosteroid drug

For that the company has formed an internal team to conduct feasibility tests in the establishment of such subsidiary.

According to him until the end of March 2010, the company still planned completion of the signing of a memorandum of understanding (MoU-Memorandum of understanding).

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