Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
HO BEE LAND LIMITED
Security
HO BEE LAND LIMITED - SG1H41875896 - H13

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
25-Feb-2019 17:20:44
Status
New
Corporate Action Reference
SG190225DVCADP9M
Submitted By (Co./ Ind. Name)
Tan Sock Kiang
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Special
Financial Year End
31/12/2018
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.02

Event Narrative

Narrative Type
Narrative Text
Additional Text1. PROPOSED DIVIDENDS

The Board of Directors of Ho Bee Land Limited (the Company) is recommending a proposed first and final dividend of 8 cents per share and a proposed special dividend of 2 cents per share for the financial year ended 31 December 2018.
Additional TextSubject to Shareholders' approval at the Annual General Meeting of the Company to be held on 30 April 2019, the proposed dividends will be paid on 31 May 2019.
Additional Text2. NOTICE OF BOOKS CLOSURE DATE

Notice is hereby given that the Share Transfer Books and Register of Members of the Company will be closed on 17 May 2019.
Additional TextDuly completed transfers in respect of ordinary shares of the Company (Shares) received by the Company's Share Registrar, M & C Services Private Limited up to close of business at 5.00 p.m. on 16 May 2019 will be registered to determine entitlements to the proposed dividends.
Additional TextThe address of M & C Services Private Limited is 112 Robinson Road #05-01 Singapore 068902.
Additional TextShareholders whose securities accounts with The Central Depository (Pte) Limited are credited with Shares at 5.00 p.m. on 16 May 2019 will be entitled to the proposed dividends

Event Dates

Record Date and Time
16/05/2019 17:00:00
Ex Date
15/05/2019

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.02
Net Rate (Per Share)
SGD 0.02
Pay Date
31/05/2019
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities