Cash Dividend/ Distribution::Mandatory
Issuer & Securities
Issuer/ Manager
SARINE TECHNOLOGIES LTD.
Security
SARINE TECHNOLOGIES LTD - IL0010927254 - U77
Announcement Details
Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
10-Aug-2015 17:12:33
Status
New
Corporate Action Reference
SG150810DVCAD7RF
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2015
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.015
Event Narrative
Narrative Type
Narrative Text
Additional Text
The Board of Directors has declared an interim dividend of US cents 1.50 per ordinary share for the half-year ended June 30, 2015.
Taxation Conditions
*The tax rate shall be 20% for individual Israeli shareholders and 0% for Israeli corporate shareholders.
*The tax rate for individual and corporate Singaporean shareholders shall be 10%.
Event Dates
Record Date and Time
01/09/2015 17:00:00
Ex Date
28/08/2015
Dividend Details
Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
10
Gross Rate (Per Share)
USD 0.016667
Net Rate (Per Share)
USD 0.015
Pay Date
10/09/2015
Gross Rate Status
Actual Rate
Related Announcements
Related Announcements
31/08/2015 21:44:59
12/08/2015 00:08:02
Applicable for REITs/ Business Trusts/ Stapled Securities