Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS INSURANCE LIMITED
Security
UNITED OVERSEAS INSURANCE LTD - SG1M91002014 - U13

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
07-Feb-2023 19:33:03
Status
New
Corporate Action Reference
SG230207DVCA9UO7
Submitted By (Co./ Ind. Name)
Mrs Vivien Chan
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
69
Dividend/ Distribution Type
Special
Financial Year End
31/12/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.04

Event Narrative

Narrative Type
Narrative Text
Additional TextNotice is hereby given that, subject to shareholders' approval of the payment of the final and special dividends ("Dividends") at the Annual General Meeting scheduled for 14 April 2023, the Share Transfer Books and the Register of Members of the Company will be closed on 25 April 2023, for determining shareholders' entitlements to the Dividends.
Additional TextRegistrable transfers received by the Company's Registrar, Boardroom Corporate & Advisory Services Pte Ltd at 1 Harbourfront Avenue, Keppel Bay Tower, #14-07, Singapore 098632, up to 5.00 pm on 24 April 2023 ("Record Date") will be registered for the Dividends.
Additional TextIn respect of ordinary shares in securities accounts with The Central Depository (Pte) Limited ("CDP"), entitlements to the Dividends will be computed based on the shareholding position after settlement of all trades on Record Date.
Additional TextThe Dividends will be paid by the Company to CDP which will, in turn, distribute the Dividends to holders of the securities accounts.

Event Dates

Record Date and Time
24/04/2023 17:00:00
Ex Date
21/04/2023

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.04
Net Rate (Per Share)
SGD 0.04
Pay Date
05/05/2023
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities