Coupon Payment::Mandatory

Issuer & Securities

Issuer/Manager
CITY DEVELOPMENTS LIMITED
Security
CITY DEVELOPMENTS LTD NCCPS - SG1P70918864 - C70

Announcement Details

Announcement Title
Coupon Payment
Date &Time of Broadcast
12-May-2020 07:51:33
Status
New
Corporate Action Reference
SG200512INTRHVKK
Submitted By (Co./Ind. Name)
Enid Ling Peek Fong
Designation
Company Secretary
Method of Coupon Computation
Actual/ 365L or Actual/ Actual (basic rule)
Annual Coupon Rate (%)
3.9
Maturity Date
31/12/9999
Next Coupon Payment Date
31/12/2020

Event Narrative

Narrative Type
Narrative Text
Narrative versionNOTICE IS HEREBY GIVEN that the Preference Share Transfer Books and Register of Preference Shareholders of the Company will be closed on 10 June 2020. Duly completed registrable transfers received by the Company's Registrar, M & C Services Private Limited of 112 Robinson Road #05-01, Singapore 068902, up to 5.00 p.m. on 9 June 2020 will be registered to determine Preference Shareholders' entitlement to the tax-exempt (one-tier) preference dividend (the "Preference Dividend") of 3.9% per annum of the issue price of $1.00 for each Preference Share representing $0.0194 per Preference Share for the dividend period from 31 December 2019 to 29 June 2020 (both dates inclusive). In respect of Preference Shares in securities accounts with The Central Depository (Pte) Limited ("CDP"), the Preference Dividend will be paid by the Company to CDP who will distribute the Preference Dividend to the holders of the securities accounts.

By Order of the Board

Shufen Loh @ Catherine Shufen Loh
Enid Ling Peek Fong
Company Secretaries
12 May 2020

Event Dates

Coupon Period (both dates inclusive)
31/12/2019 TO 29/06/2020
Number of Days
182
Record Date and Time
09/06/2020 17:00:00
Ex Date
08/06/2020

Disbursement Details

Cash Payment Details
Taxable
No
Coupon Rate (%)
3.9
Pay Date
30/06/2020