Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
NIKKO ASSET MANAGEMENT ASIA LIMITED
Security
NIKKO AM SINGAPORE STI ETF - SG1X52941694 - G3B

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
13-Dec-2019 17:30:04
Status
New
Corporate Action Reference
SG191213DVCALPN6
Submitted By (Co./ Ind. Name)
Wong Yoong Yoong
Designation
Authorised User
Dividend/ Distribution Number
Not Applicable
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0606

Event Narrative

Narrative Type
Narrative Text
Taxation ConditionsThe Nikko AM Singapore STI ETF (the "Fund") has the status of Designated Unit Trust. Dividend distributions made by the Fund to all holders will not attract Singapore withholding tax.
Taxation ConditionsDividend distributions are not taxable for investors who are individuals except individuals who derive such income through a partnership in Singapore or from carrying on of a trade, business or profession in Singapore.

Event Dates

Record Date and Time
03/01/2020 17:00:00
Ex Date
02/01/2020

Dividend Details

Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.0606
Net Rate (Per Share)
SGD 0.0606
Pay Date
15/01/2020
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities