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-Aug-2023 23:27:32
Status
New
Corporate Action Reference
SG230813DVCA7XJF
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2023
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.0025

Event Narrative

Narrative Type
Narrative Text
Additional Text1, Please see attached an explanation with regard to teh 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 and update to this announcement),

Event Dates

Record Date and Time
28/08/2023 17:00:00
Ex Date
25/08/2023

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
20
Gross Rate (Per Share)
USD 0.0025
Net Rate (Per Share)
USD 0.002
Pay Date
14/09/2023
Gross Rate Status
Actual Rate
Country of Income
Israel

Attachments

Announcement_re_Dividend_Taxation_13_August_2023.pdf
Form of claim for rdduced rate of witholding claim Sarine Tehnologies Ltd..pdf
Total size =1261K

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Applicable for REITs/ Business Trusts/ Stapled Securities