WD::Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager: POWERMATIC DATA SYSTEMS LIMITED
Security: POWERMATIC DATA SYSTEMS LTD - SG1BF0000003 - BCY

Announcement Details

Announcement Title: Capital Distribution
Date &Time of Broadcast: 21-Oct-2020 12:08:42
Status: Withdraw
Corporate Action Reference: SG201020CAPDAKJ5
Submitted By (Co./ Ind. Name): Dr Chen Mun
Designation: Chairman
Dividend/ Distribution Number: Not Applicable

Event Narrative

Narrative Type	Narrative Text
Additional Text	PROPOSED CAPITAL REDUCTION EXERCISE - APPROVAL BY THE HIGH COURT OF SINGAPORE OF THE PROPOSED CAPITAL REDUCTION AND NOTICE OF RECORD DATE
Additional Text	Please refer to the attachment.

Event Dates

Record Date and Time: 06/11/2020 17:00:00
Ex Date: 05/11/2020

Disbursement Details

Cash Payment Details
Payment Type: Tax Not Applicable
Gross Rate (per share): SGD 0.286
Net Rate (per share): SGD 0.286
Pay Date: 17/11/2020
Gross Rate Status: Actual Rate

Reason(s) for Withdrawal

Reason(s) for Withdrawal: Replacement announcement on Capital Reduction was released on 21 October 2020 at 12:05:44.

Attachments

Announcement_High_Court_approval_and_BCD.pdf

Total size =109K

Related Announcements

Related Announcements: 20/10/2020 17:49:27

Applicable for REITs/ Business Trusts/ Stapled Securities