General Announcement::FY2019 FINAL DIVIDEND - PAYMENT DATE TO BE DEFERRED DUE TO THE DEFERRAL OF ANNUAL GENERAL MEETING

Issuer & Securities

Issuer/ Manager
DBS GROUP HOLDINGS LTD
Securities
DBS GROUP HOLDINGS LTD - SG1L01001701 - D05
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
30-Mar-2020 18:41:12
Status
New
Announcement Sub Title
FY2019 FINAL DIVIDEND - PAYMENT DATE TO BE DEFERRED DUE TO THE DEFERRAL OF ANNUAL GENERAL MEETING
Announcement Reference
SG200330OTHR99X5
Submitted By (Co./ Ind. Name)
TEOH CHIA-YIN
Designation
GROUP SECRETARY
Description (Please provide a detailed description of the event in the box below)
As stated in the Notice of Books Closure issued by DBS Group Holdings Ltd ("DBSH") issued on 13 February 2020, the payment of the proposed final one-tier tax exempt dividend of 33 cents per ordinary share for the financial year ended 31 December 2019 ("FY2019 Final Dividend") is subject to shareholders' approval at the Annual General Meeting ("AGM") to be convened on 31 March 2020. If approved, the Transfer Books and Register of Members of DBSH would have been closed from 5.00 p.m. on 8 April 2020 up to (and including) 9 April 2020 for the purposes of determining shareholders entitlement to the FY2019 Final Dividend, and the payment date would have been 21 April 2020.

On 24 March 2020, the Ministry of Health announced tighter measures to minimise further spread of Covid-19, including requiring all events to be cancelled. In view of this, DBSH announced on 26 March 2020 that its AGM originally scheduled for 31 March 2020 has to be deferred to a future date to be determined.

As such, the books closure date and dividend payment date for the FY2019 Final Dividend will change. DBSH will announce the new books closure date and dividend payment date after the new AGM date has been fixed.