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

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS BANK LIMITED
Security
UNITED OVERSEAS BANK LTD - SG1M31001969 - U11

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
28-Aug-2017 18:08:03
Status
Replacement
Corporate Action Reference
SG170728DVOPAUZG
Submitted By (Co./ Ind. Name)
Joyce Sia
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
121
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2017
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.35

Event Narrative

Narrative Type
Narrative Text
Additional TextNotice is hereby given that the Transfer Books and register of Members of the Bank will be closed from 5.00 p.m. on 16 August 2017 up to (and including) 17 August 2017 for the purpose of determining the entitlements of Shareholders to the FY17 Interim Dividend.
Additional TextDuly completed registrable transfers received by the Bank's Share Registrar, Boardroom Corporate & Advisory Services Pte Ltd, at 50 Raffles Place, Singapore Land Tower #32-01, Singapore 048623 up to 5.00 p.m. on 16 August 2017 will be registered before entitlements to the FY17 Interim Dividend are determined.
Additional TextShareholders whose securities accounts with CDP are credited with Shares as at 5.00 p.m. on 16 August 2017 will rank for the FY17 Interim Dividend.
Additional TextThe FY17 Interim Dividend will be paid on 28 September 2017. The new Shares are expected to be listed on 29 September 2017.
Additional TextFY17 Interim Dividend-Issue Price of New Share for Scrip Dividend - $23.93
Additional TextFY17 Interim Dividend-Despatch of Notice of Election

Event Dates

Record Date and Time
16/08/2017 17:00:00
Ex Date
14/08/2017

Cash Payment Details

Election Period
28/08/2017 TO 11/09/2017
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.35
Net Rate (Per Share)
SGD 0.35
Pay Date
28/09/2017
Gross Rate Status
Actual Rate

Security Option Details

Election Period
28/08/2017 TO 11/09/2017
New Security ISIN
SG1M31001969
New Security Name
UNITED OVERSEAS BANK LTD
Security Not Found
No
Fractional Disposition Method
Standard
Issue/ Reinvestment Price
SGD 23.93
Security Credit Date
29/09/2017

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities