Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
TAI SIN ELECTRIC LIMITED
Security
TAI SIN ELECTRIC LIMITED - SG1F88861140 - 500

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
25-Aug-2016 18:38:47
Status
New
Corporate Action Reference
SG160825DVCAE7QJ
Submitted By (Co./ Ind. Name)
TAN SHOU CHIEH
Designation
SECRETARY
Dividend/ Distribution Number
Applicable
Value
30
Dividend/ Distribution Type
Final
Financial Year End
30/06/2016
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.016

Event Narrative

Narrative Type
Narrative Text
Additional TextNOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the Company will be closed on 4 November 2016 for the purpose of preparing dividend warrants.
Additional TextDuly completed transfers received by the Company's Share Registrars, B.A.C.S. Private Limited of 8 Robinson Road #03-00 ASO Building, Singapore 048544 up to 5.00 p.m. on 3 November 2016 will be registered before entitlements to the final dividend are determined.
Additional TextIn respect of shares in securities accounts with The Central Depository (Pte) Limited ("CDP"), the said final dividend will be paid by the Company to CDP which will distribute the dividend to holders of the securities accounts.
Additional TextThe proposed final one-tier exempt dividend of $0.016 per ordinary share in respect of the financial year ended 30 June 2016, subject to Shareholders' approval at the forthcoming Annual General Meeting scheduled to be held on 27th October 2016, will be paid on 10 November 2016.

Event Dates

Record Date and Time
03/11/2016 17:00:00
Ex Date
01/11/2016

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.016
Net Rate (Per Share)
SGD 0.016
Pay Date
10/11/2016
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities