Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
CHINA MINING INTERNATIONAL LTD
Security
CHINA MINING INTERNATIONAL LTD - KYG211721124 - Y34

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
31-Oct-2014 18:42:56
Status
New
Corporate Action Reference
SG141031DVCA1TFZ
Submitted By (Co./ Ind. Name)
Yeo Tze Khern
Designation
Company Secretary & CFO
Dividend/ Distribution Number
Applicable
Value
3
Dividend/ Distribution Type
Interim
Declared Dividend Rate (Per Share)
SGD 0.017

Event Narrative

Narrative Type
Narrative Text
Narrative versionWhile the interim dividend will be declared out of the Distributable Reserve which attracts no tax in the Cayman Islands where the Company was incorporated, the dividend, as a general indication, is expected to be taxable in the hands of non-individual Shareholders with a presence in Singapore at the prevailing corporate tax rate of Singapore.
Additional TextWith regard to corporate Shareholders which do not have a presence in Singapore or individual Shareholders, as their individual circumstances vary, they are advised to consult their respective professional advisers as to their respective tax provisions or tax implications in respect of the dividend to be received by them in Singapore or otherwise.
Additional TextThe Company takes no responsibility for the taxation liabilities of Shareholders or for the correctness or accuracy of any information as to taxation liability set out in this announcement.

Event Dates

Record Date and Time
10/11/2014 17:00:00
Ex Date
06/11/2014

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
No
Gross Rate (Per Share)
SGD 0.017
Net Rate (Per Share)
SGD 0.017
Pay Date
18/11/2014
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities