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
08-Apr-2015 22:56:04
Status
New
Corporate Action Reference
SG150408DVCA56GC
Submitted By (Co./ Ind. Name)
Amir J, Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
0
Dividend/ Distribution Type
Final
Financial Year End
31/12/2014
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.02

Event Narrative

Narrative Type
Narrative Text
Taxation Conditions1, The tax rate for individual Israeli shareholders will be 20%.
2,The tax rate for israeli ciroirate shareholders wikk be 0%.
3.The tax rate for Singaporean shareholders will be 10%.
Additional TextThis announcement replaces the Company's announcement which was posted earlier today (Corporate Action Reference SG150408DVCAT03L),

Event Dates

Record Date and Time
27/04/2015 17:00:00
Ex Date
23/04/2015

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
10
Gross Rate (Per Share)
USD 0.02
Net Rate (Per Share)
USD 0.018
Pay Date
07/05/2015
Gross Rate Status
Actual Rate

Related Announcements

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27/04/2015 00:12:15

Applicable for REITs/ Business Trusts/ Stapled Securities