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
20-Feb-2024 21:28:28
Status
New
Corporate Action Reference
SG240220DVCAEXK5
Submitted By (Co./ Ind. Name)
Theresa Sim
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
71
Dividend/ Distribution Type
Final
Financial Year End
31/12/2023
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.085

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 ("Dividends") at the Annual General Meeting scheduled for 19 April 2024, the Share Transfer Books and the Register of Members of the Company will be closed on 6 May 2024, for determining shareholders' entitlements to the Dividends.
Additional TextRegistrable transfers received by the Company's Registrar, Boardroom Corporate & Advisory Services Pte Ltd at 1 Harbourfront Avenue, Keppel Bay Tower, #14-07, Singapore 098632, up to 5.00 pm on 3 May 2024 ("Record Date") will be registered for the Dividends.
Additional TextIn respect of ordinary shares in securities accounts with The Central Depository (Pte) Limited ("CDP"), entitlements to the Dividends will be computed based on the shareholding position after settlement of all trades on Record Date.
Additional TextThe 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
03/05/2024
Ex Date
02/05/2024

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.085
Net Rate (Per Share)
SGD 0.085
Pay Date
15/05/2024
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities