WD::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager: PROPNEX LIMITED
Security: PROPNEX LIMITED - SGXE65086469 - OYY

Announcement Details

Announcement Title: Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast: 08-Apr-2020 19:47:32
Status: Withdraw
Corporate Action Reference: SG200227DVCA6D66
Submitted By (Co./ Ind. Name): Mohamed Ismail s/o Abdul Gafoore
Designation: Executive Chairman and CEO
Dividend/ Distribution Number: Applicable
Value: 3
Dividend/ Distribution Type: Final
Financial Year End: 31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit): SGD 0.015

Event Dates

Record Date and Time: 11/05/2020 17:00:00
Ex Date: 08/05/2020

Dividend Details

Payment Type: Tax Exempted (1-tier)
Gross Rate (Per Share): SGD 0.015
Net Rate (Per Share): SGD 0.015
Pay Date: 21/05/2020
Gross Rate Status: Actual Rate
Country of Income: Singapore

Reason(s) for Withdrawal

Reason(s) for Withdrawal: The Company had on 7 April 2020 announced the receipt of ACRA's and SGX's approvals for the extension of time to hold its AGM. As the dividend is subject to shareholders' approval at the AGM, the ex-date, record date and payment date will be changed. The Company will announce new dates after the AGM date is fixed.

Attachments

Final Div-270220.pdf

Total size =154K

Related Announcements

Related Announcements: 27/02/2020 07:00:30

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