REPL::Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
OVERSEA-CHINESE BANKING CORPORATION LIMITED
Security
OVERSEA-CHINESE BANKING CORP - SG1S04926220 - O39

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
19-Aug-2019 18:50:27
Status
Replacement
Corporate Action Reference
SG190802DVOPRRSK
Submitted By (Co./ Ind. Name)
Sherri Liew
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
93
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.25

Event Narrative

Narrative Type
Narrative Text
Additional TextFY19 Interim Dividend - Issue Price of New Shares for Scrip Dividend
Additional TextThe distribution ratio (Additional:Old) is computed based on the FY2019 Interim Dividend (being S$0.25 per ordinary share) as compared to the issue price of new shares for the scrip dividend (being S$9.57 per new share), after rounding to the nearest whole number.
Additional TextPlease see attached.

Event Dates

Record Date and Time
16/08/2019 17:00:00
Ex Date
15/08/2019

Cash Payment Details

Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.25
Net Rate (Per Share)
SGD 0.25
Pay Date
03/10/2019
Gross Rate Status
Actual Rate

Security Option Details

Election Period
28/08/2019 TO 18/09/2019
New Security ISIN
SG1S04926220
New Security Name
OVERSEA-CHINESE BANKING CORP
Security Not Found
No
Fractional Disposition Method
Round up fraction to next full unit
Issue/ Reinvestment Price
SGD 9.57
Security Credit Date
04/10/2019
Distribution Ratio (Additional: Old)
1:38

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities