REPL::Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
SINGAPORE SHIPPING CORPORATION LIMITED
Security
SINGAPORE SHIPPING CORP LTD - SG1J24887775 - S19

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
11-Aug-2022 18:02:24
Status
Replacement
Corporate Action Reference
SG220728DVOPI3ZF
Submitted By (Co./ Ind. Name)
Lee Li Huang
Designation
Chief Financial Officer and Company Secretary
Dividend/ Distribution Number
Applicable
Value
24
Dividend/ Distribution Type
Final
Financial Year End
31/03/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.01

Event Narrative

Narrative Type
Narrative Text
Additional TextThis replacement announcement supersedes the earlier announcement made on 10 August 2022 (Announcement Reference No. SG220728DVOPI3ZF).

The Fractional Disposition Method should read as "Standard".
Additional TextPlease refer to the attached for the Issue Price of New Shares to be issued to Shareholders who have elected to participate in the Singapore Shipping Corporation Limited Scrip Dividend Scheme, in lieu of cash amount of the FY2022 Dividend.

Event Dates

Record Date and Time
10/08/2022 17:00:00
Ex Date
08/08/2022

Cash Payment Details

Election Period
22/08/2022 TO 02/09/2022
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.01
Net Rate (Per Share)
SGD 0.01
Pay Date
28/09/2022
Gross Rate Status
Actual Rate
Country of Income
Singapore

Security Option Details

Election Period
22/08/2022 TO 02/09/2022
New Security ISIN
SG1J24887775
New Security Name
SINGAPORE SHIPPING CORP LTD
Security Not Found
No
Fractional Disposition Method
Standard
Issue/ Reinvestment Price
SGD 0.227

Attachments

20220810 - Issue Price of New Shares - SSC.pdf
Total size =97K

Related Announcements

Related Announcements

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22/08/2022 07:04:18
10/08/2022 19:20:12
28/07/2022 18:09:40

Applicable for REITs/ Business Trusts/ Stapled Securities