Coupon Payment::Mandatory

Issuer & Securities

Issuer/Manager
CITY DEVELOPMENTS LIMITED
Security
CITY DEVELOPMENTS LTD NCCPS - SG1P70918864 - C70

Announcement Details

Announcement Title
Coupon Payment
Date &Time of Broadcast
13-Nov-2019 12:22:10
Status
New
Corporate Action Reference
SG191113INTR4Q42
Submitted By (Co./Ind. Name)
Enid Ling Peek Fong
Designation
Company Secretary
Method of Coupon Computation
Actual/ 365 (Fixed)
Annual Coupon Rate (%)
3.9
Maturity Date
31/12/9999
Next Coupon Payment Date
30/06/2020

Event Narrative

Narrative Type
Narrative Text
Narrative versionNOTICE IS HEREBY GIVEN that the Preference Share Transfer Books and Register of Preference Shareholders of the Company will be closed on 12 December 2019. Duly completed registrable transfers received by the Company's Registrar, M&C Services Private Limited of 112 Robinson Road #05-01, Singapore 068902, up to 5.00 p.m. on 11 December 2019 will be registered to determine Preference Shareholders' entitlement to the tax-exempt (one-tier) preference dividend (the "Preference Dividend") of 3.9% per annum of the issue price of $1.00 for each Preference Share representing $0.0196 per Preference Share for the dividend period from 1 July 2019 to 30 December 2019 (both dates inclusive). In respect of Preference Shares in securities accounts with The Central Depository (Pte) Limited ("CDP"), the Preference Dividend will be paid by the Company to CDP who will distribute the Preference Dividend to the holders of the securities accounts.

By Order of the Board

Shufen Loh @ Catherine Shufen Loh
Enid Ling Peek Fong
Company Secretaries
12 November 2019

Event Dates

Coupon Period (both dates inclusive)
01/07/2019 TO 30/12/2019
Number of Days
183
Record Date and Time
11/12/2019 17:00:00
Ex Date
10/12/2019

Disbursement Details

Cash Payment Details
Taxable
No
Coupon Rate (%)
3.9
Pay Date
31/12/2019