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
17-Aug-2021 14:50:48
Status
Replacement
Corporate Action Reference
SG210804DVCAB8XK
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.015

Event Narrative

Narrative Type
Narrative Text
Taxation Conditions1. Please see attached an explanation with regard to the submission of an application for a reduced tax rate/exemption of dividend payments. 2. Please note that we amended the announcement made on 4 August, so to clarify that the payment of dividend is subject to 20% taxation (except as provided in the attached explanation). 3. 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)..
3. The pay date has been changed - from 3 September 2021 to 2 September 2021.
4. The payment currency has been updated to SGD..

Event Dates

Record Date and Time
16/08/2021 17:00:00
Ex Date
13/08/2021

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
20
Gross Rate (Per Share)
SGD 0.020343
Net Rate (Per Share)
SGD 0.016274
Pay Date
02/09/2021
Currency Pair
USD/SGD
Gross Rate Status
Actual Rate
Country of Income
Israel

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities