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
25-Feb-2019 20:12:17
Status
New
Corporate Action Reference
SG190225DVCAKODY
Submitted By (Co./ Ind. Name)
Mohamed Ismail s/o Abdul Gafoore
Designation
Executive Chairman and CEO
Dividend/ Distribution Number
Applicable
Value
1
Dividend/ Distribution Type
Final
Financial Year End
31/12/2018
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.015

Event Narrative

Narrative Type
Narrative Text
Additional TextNOTICE IS HEREBY GIVEN, subject to the shareholders' approval for the Proposed Final Dividend at the forthcoming AGM, the Share Transfer Books and Register of Members of the Company will be closed on 30 April 2019 for the purpose of determining the entitlement of shareholders to the Proposed Final Dividend.
Additional TextDuly completed registrable transfers received by the Company's Share Registrar, Tricor Barbinder Share Registration Services (a division of Tricor Singapore Pte Ltd) of 80 Robinson Road, #02-00, Singapore 068898, up to 5.00 p.m. on 29 April 2019 will be registered to determine shareholders' entitlements to the Proposed Final Dividend.
Additional TextShareholders (being depositors) whose securities account with The Central Depository (Pte) Limited are credited with ordinary shares in the share capital of the Company as at 5.00 p.m. on 29 April 2019 will be entitled to the payment of the Proposed Final Dividend.

The Proposed Final Dividend, if approved at the AGM, will be paid on 13 May 2019.
Additional TextUOB Kay Hian Private Limited is the sole issue manager of the initial public offering and listing of PropNex Limited. UOB Kay Hian Private Limited assumes no responsibility for the contents of this announcement.

Event Dates

Record Date and Time
29/04/2019 17:00:00
Ex Date
26/04/2019

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.015
Net Rate (Per Share)
SGD 0.015
Pay Date
13/05/2019
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities