WD::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
PROPNEX LIMITED
Security
PROPNEX LIMITED - SGXE65086469 - OYY

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
08-Apr-2020 19:50:05
Status
Withdraw
Corporate Action Reference
SG200227DVCAQC6L
Submitted By (Co./ Ind. Name)
Mohamed Ismail s/o Abdul Gafoore
Designation
Executive Chairman and CEO
Dividend/ Distribution Number
Applicable
Value
3
Dividend/ Distribution Type
Special
Financial Year End
31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0075

Event Dates

Record Date and Time
11/05/2020 17:00:00
Ex Date
08/05/2020

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.0075
Net Rate (Per Share)
SGD 0.0075
Pay Date
21/05/2020
Gross Rate Status
Actual Rate
Country of Income
Singapore

Reason(s) for Withdrawal

Reason(s) for Withdrawal
The Company had on 7 April 2020 announced the receipt of ACRA's and SGX's approvals for the extension of time to hold its AGM. As the dividend is subject to shareholders' approval at the AGM, the ex-date, record date and payment date will be changed. The Company will announce new dates after the AGM date is fixed.

Attachments

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27/02/2020 07:02:42

Applicable for REITs/ Business Trusts/ Stapled Securities