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
19-Feb-2021 20:19:34
Status
New
Corporate Action Reference
SG210219DVCAN8SD
Submitted By (Co./ Ind. Name)
Mrs Vivien Chan
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
65
Dividend/ Distribution Type
Special
Financial Year End
31/12/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.04

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 23 April 2021, the Share Transfer Books and the Register of Members of the Company will be closed on 4 May 2021, for determining shareholders' entitlements to the Dividends.
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 3 May 2021 ("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 and Time
03/05/2021 17:00:00
Ex Date
30/04/2021

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.04
Net Rate (Per Share)
SGD 0.04
Pay Date
14/05/2021
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities