Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
NERA TELECOMMUNICATIONS LTD
Security
NERATELECOMMUNICATIONS LTD - SG1I64883495 - N01

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
14-May-2020 00:04:26
Status
New
Corporate Action Reference
SG200514DVCAL7VO
Submitted By (Co./ Ind. Name)
Chan Wan Mei
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Final
Financial Year End
31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.005

Event Narrative

Narrative Type
Narrative Text
Additional TextNotice is hereby given that, subject to the approval of shareholders for the final dividend at the Annual General Meeting to be convened and held on 29 May 2020, the Register of Members and Share Transfer Books of the Company will be closed at 5.00 pm on 15 June 2020.
Additional TextDuly completed Registrable Transfers received by the Company's Share Registrar, Tricor Barbinder Share Registration Services at 80 Robinson Road, #11-02, Singapore 068898 up to 5.00 pm on 15 June 2020 ("Entitlement Date") will be registered to determine shareholders' entitlements to the final dividend.
Additional TextSubject as aforesaid, shareholders whose securities accounts with The Central Depository (Pte) Limited are credited with ordinary shares of the Company as at 5.00 pm on the Entitlement Date will be entitled to the final dividend.
Additional TextThe final dividend, if so approved by shareholders, will be paid on 15 July 2020.

Event Dates

Record Date and Time
15/06/2020 17:00:00
Ex Date
12/06/2020

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.005
Net Rate (Per Share)
SGD 0.005
Pay Date
15/07/2020
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities