WD::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS INSURANCE LIMITED
Security
UNITED OVERSEAS INSURANCE LTD - SG1M91002014 - U13

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
09-Apr-2020 19:36:11
Status
Withdraw
Corporate Action Reference
SG200212DVCAKVU1
Submitted By (Co./ Ind. Name)
Mrs Vivien Chan
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
63
Dividend/ Distribution Type
Special
Financial Year End
31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.07

Event Narrative

Narrative Type
Narrative Text
Additional TextNotice is hereby given that, subject to shareholders' approval of the payment of the final and special dividends at the Annual General Meeting scheduled for 16 April 2020, the Share Transfer Books and the Register of Members of the Company will be closed on 28 April 2020, for the preparation of dividend warrants.
Additional TextRegistrable transfers received by the Company's Registrar, Boardroom Corporate & Advisory Services Pte Ltd at 50 Raffles Place, Singapore Land Tower #32-01, Singapore 048623, up to 5.00 pm on 27 April 2020 will be registered for the final and special dividends.
Additional TextIn respect of ordinary shares in securities accounts with The Central Depository (Pte) Limited ("CDP"), the final and special dividends will be paid by the Company to CDP which will, in turn, distribute the dividends to holders of the securities accounts.

Event Dates

Record Date and Time
27/04/2020 17:00:00
Ex Date
24/04/2020

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.07
Net Rate (Per Share)
SGD 0.07
Pay Date
08/05/2020
Gross Rate Status
Actual Rate

Reason(s) for Withdrawal

Reason(s) for Withdrawal
Further to the announcement on 4 April 2020, the AGM scheduled for 16 April 2020 is deferred. Accordingly, the record date, book closure date and payment date for the proposed final and special dividends are also deferred. We will announce revised dates in due course.

Related Announcements

Related Announcements

12/02/2020 20:14:07

Applicable for REITs/ Business Trusts/ Stapled Securities