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
13-Nov-2022 22:37:18
Status
New
Corporate Action Reference
SG221113DVCA48ST
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.005

Event Narrative

Narrative Type
Narrative Text
Additional Text1. Please see attached an explanation with regard to the submission of an application for a reduced tax rate/exemption of dividend payments.
2. In line with prior practice, the dividend payment shall be made in SGD (and once the dividend amount is converted into SGD we will issue an update to this announcement).

Event Dates

Record Date and Time
23/11/2022 17:00:00
Ex Date
22/11/2022

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
20
Gross Rate (Per Share)
USD 0.005
Net Rate (Per Share)
USD 0.004
Pay Date
09/12/2022
Gross Rate Status
Actual Rate
Country of Income
Israel

Attachments

Announcement_re_Dividend_Taxation_13_November_2022.pdf
Total size =178K

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