Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
ARA ASSET MANAGEMENT LIMITED
Security
ARA ASSET MANAGEMENT LIMITED - BMG045121024 - D1R

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
04-Feb-2016 18:34:11
Status
New
Corporate Action Reference
SG160204DVCALOFD
Submitted By (Co./ Ind. Name)
Lim Hwee Chiang
Designation
Director
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Final
Financial Year End
31/12/2015
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.027

Event Narrative

Narrative Type
Narrative Text
Declaration DetailsNOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of ARA Asset Management Limited ("ARA") will be closed at 5.00 pm on 25/4/2016 for the preparation of dividend warrants.
Additional TextDuly completed registrable transfers received by ARA's Share Transfer Agent, Boardroom Corporate & Advisory Services Pte. Ltd. at 50 Raffles Place #32-01, Singapore Land Tower, Singapore 048623 up to 5.00 pm on 25/4/2016 will be registered to determine shareholder's entitlements to the said dividend.
Additional TextMembers whose Securities Accounts with The Central Depository (Pte) Limited are credited with shares at 5.00 pm on 25/4/2016 will be entitled to the proposed dividend.
Additional TextThe proposed dividend, if approved by shareholders at the forthcoming Annual General Meeting, will be paid on 6/5/2016.

Event Dates

Record Date and Time
25/04/2016 17:00:00
Ex Date
21/04/2016

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.027
Net Rate (Per Share)
SGD 0.027
Pay Date
06/05/2016
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities