REPL::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
12-Aug-2015 00:08:02
Status
Replacement
Corporate Action Reference
SG150810DVCAD7RF
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2015
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.015

Event Narrative

Narrative Type
Narrative Text
Additional TextThe Board of Directors has declared an interim dividend of US cents 1.50 per ordinary share for the half-year ended June 30, 2015.
Taxation Conditions*The tax rate shall be 20% for individual Israeli shareholders and 0% for Israeli corporate shareholders.

*The tax rate for individual and corporate Singaporean shareholders shall be 10%.

Event Dates

Record Date and Time
01/09/2015 17:00:00
Ex Date
28/08/2015

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
10
Gross Rate (Per Share)
USD 0.015
Net Rate (Per Share)
USD 0.0135
Pay Date
10/09/2015
Gross Rate Status
Actual Rate

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities