WD::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
CSE GLOBAL LIMITED
Security
CSE GLOBAL LTD - SG1G47869290 - 544

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
31-Mar-2020 18:51:54
Status
Withdraw
Corporate Action Reference
SG200226DVCA30KV
Submitted By (Co./ Ind. Name)
Tan Lay Hong
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
30
Dividend/ Distribution Type
Final
Financial Year End
31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.015

Event Narrative

Narrative Type
Narrative Text
Additional TextNotice is hereby given that, subject to shareholders' approval of the payment of the dividend at the Annual General Meeting scheduled for 16 April 2020, the Share Transfer Books and the Register of Members of the Company will be closed on 4 May 2020.
Additional TextDuly completed registrable transfers received by the Company's Registrar, Boardroom Corporate and Advisory Services Pte Ltd at 50 Raffles Place, Singapore Land Tower, #32-01, Singapore 048623, up to 5.00 pm on 4 May 2020 will be registered for the dividend.
Additional TextIn respect of ordinary shares in securities accounts with The Central Depository (Pte) Limited ("CDP"), the dividend will be paid by the Company to CDP which will, in turn, distribute the dividend to holders of the securities accounts.

Event Dates

Record Date and Time
04/05/2020 17:00:00
Ex Date
30/04/2020

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.015
Net Rate (Per Share)
SGD 0.015
Pay Date
12/05/2020
Gross Rate Status
Actual Rate

Reason(s) for Withdrawal

Reason(s) for Withdrawal
On 31 Mar, CSE announced the deferment of AGM due to the COVID-19 situation. As the final dividend has to be approved by shareholders at AGM, the ex-date, record and payment dates will change. New dates will be announced once the new date of AGM is firmed up. For more details, pls refer to Ann - Deferment of AGM and EGM.

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Applicable for REITs/ Business Trusts/ Stapled Securities