Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
KOON HOLDINGS LIMITED
Security
KOON HOLDINGS LIMITED - SG1O23911876 - 5DL

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
01-Apr-2016 19:09:04
Status
New
Corporate Action Reference
SG160401DVCA9YEL
Submitted By (Co./ Ind. Name)
Tan Swee Gek
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Final
Financial Year End
31/12/2015
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.005

Event Narrative

Narrative Type
Narrative Text
Additional TextNotice is hereby given that the Transfer Books and the Register of Members of the Company will be closed at 5.00 p.m. on 5 May 2016 (the "Books Closure Date") for the purpose of determining the entitlement of shareholders to the final dividend of S$0.005 per ordinary share (the "Final Dividend") in respect of the financial year ended 31 Dec 2015.
Additional TextFor shareholders whose shares are deposited with the Central Depository (Pte) Limited ("CDP").
Additional TextShareholders whose shares are deposited with the CDP, whose securities account with CDP are credited with shares as at 5.00 pm on the Books Closure Date will be entitled to the Final Dividend on the basis of the number of shares standing to the credit of their securities accounts with CDP as at 5.00 pm on such date.
Additional TextDuly completed registrable transfers in respect of shares in the Company received up to the close of business at 5.00 pm on 5 May 2016 by the Company's Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd. will be registered to determine shareholders entitlements to the Final Dividend.
Additional TextFor shareholders who are registered as holders of the Company's shares through CHESS Depository Nominees Pty Ltd (the "Australian Investors").
Additional TextDuly completed registrable transfers in respect of shares in the Company received up to the close of business at 5.00 pm (local time in Victoria) on 5 May 2016 by the Company's Australian Share Registrar, Boardroom Pty Limited, will be registered to determine shareholders entitlements to the Final Dividend.
Additional TextAustralian Investors who are recorded on the Australian Branch Share Register as at 5.00 pm on the Australian Record date of 5 May 2016 will be entitled to the Final Dividend.
Additional TextFor Australian Investors, their dividend entitlements will be converted at the Singapore-Australian currency conversion rate of one of the Company's principal bankers, United Overseas Bank Limited, on the date of the record date, being 5 May 2016.
Additional TextThese dividends will be unfranked for Australian tax purposes.
Additional TextThe Final Dividend will be paid on or about 20 May 2016 if approved by the shareholders of the Company at the Annual General Meeting to be held on 29 April 2016.

Event Dates

Record Date and Time
05/05/2016 17:00:00
Ex Date
03/05/2016

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.005
Net Rate (Per Share)
SGD 0.005
Pay Date
20/05/2016
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities