REPL::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
SARINE TECHNOLOGIES LTD.
Security
SARINE TECHNOLOGIES LTD - IL0010927254 - U77

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
02-May-2016 18:18:13
Status
Replacement
Corporate Action Reference
SG160420DVCAQZ8D
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
0
Dividend/ Distribution Type
Final
Financial Year End
31/12/2015
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.015

Event Narrative

Narrative Type
Narrative Text
Taxation Conditions1. The tax rate will be 20% for individual Israeli shareholders and 0% for Israeli corporate shareholders.
2. The tax rate for individual and corporate shareholders in Singapore is 10%.
3.This announcement supersedes previous announcements posted by the Company on 29 February 2016 and 19 April 2016.

Event Dates

Record Date and Time
29/04/2016 17:00:00
Ex Date
27/04/2016

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
10
Gross Rate (Per Share)
SGD 0.020168
Net Rate (Per Share)
SGD 0.018151
Pay Date
13/05/2016
Currency Pair
USD/SGD
Issuer Declared Exchange Rate
1.3445
Gross Rate Status
Actual Rate

Related Announcements

Related Announcements

20/04/2016 20:03:09

Applicable for REITs/ Business Trusts/ Stapled Securities