Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
AVI-TECH ELECTRONICS LIMITED
Security
AVI-TECH ELECTRONICS LIMITED - SG1CC0000008 - BKY

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
27-Aug-2020 19:37:13
Status
New
Corporate Action Reference
SG200827DVCAUDIP
Submitted By (Co./ Ind. Name)
Adrian Chan Pengee
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Special
Financial Year End
30/06/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.005

Event Narrative

Narrative Type
Narrative Text
Additional TextNotice is hereby given that the Transfer books and the Register of Members will be closed on 16 November 2020 for the preparation of the special dividend.
Additional TextDuly completed registrable transfers received by the Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd., 50 Raffles Place, #32-01 Singapore Land Tower, Singapore 048623, up to 5:00 p.m. on 13 November 2020 will be registered to determine entitlement to the one-tier tax exempt special dividend.
Additional TextMembers whose Securities Accounts with CDP are credited with shares at 5:00 p.m. on 13 November 2020 will be entitled to the special dividend. The proposed special dividend, which shall be subject to shareholders' approval at the forthcoming AGM, is payable on 27 November 2020.

Event Dates

Record Date and Time
13/11/2020 17:00:00
Ex Date
12/11/2020

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.005
Net Rate (Per Share)
SGD 0.005
Pay Date
27/11/2020
Gross Rate Status
Actual Rate
Country of Income
Singapore

Applicable for REITs/ Business Trusts/ Stapled Securities