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Multi Bintang Indonesia eyes stock split by 2016

JAKARTA -- Multi Bintang Indonesia, the producer of the country's No. 1 selling Bintang beer, said it will consider a stock split before January 2016 to make its shares more affordable for investors.

Maarten Hoedemaker

     Maarten Hoedemaker, the company's finance director, said on Monday the company is reviewing options to meet a new regulation by the Indonesia Stock Exchange (IDX) that requires all listed companies to have at least 7.5% of its shares, with a minimum of 50 million shares, available to the public. The new regulation is expected to take effect on January 2016.

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