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
03-May-2017 22:29:16
Status
Replacement
Corporate Action Reference
SG170501DVCA38EB
Submitted By (Co./ Ind. Name)
Amir Jacob Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
0
Dividend/ Distribution Type
Final
Financial Year End
31/12/2016
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.025

Event Narrative

Narrative Type
Narrative Text
Additional TextFurther to the Company's dividend announcement of 28 February 2017, please see attached a detailed explanation with regard to the tax deductions applicable to such dividend and to the mechanisms available to shareholders who assert that they are subject to a lower tax rate.

Event Dates

Record Date and Time
03/05/2017 17:00:00
Ex Date
28/04/2017

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
20
Gross Rate (Per Share)
SGD 0.034853
Net Rate (Per Share)
SGD 0.027882
Pay Date
11/05/2017
Currency Pair
USD/SGD
Issuer Declared Exchange Rate
1.3941
Gross Rate Status
Actual Rate
Country of Income
Israel

Attachments

Related Announcements

Related Announcements

01/05/2017 17:03:10

Applicable for REITs/ Business Trusts/ Stapled Securities