WD::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
YEO HIAP SENG LTD
Security
YEO HIAP SENG LTD - SG1I10878425 - Y03

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
25-Apr-2020 17:17:43
Status
Withdraw
Corporate Action Reference
SG200227DVCACTPE
Submitted By (Co./ Ind. Name)
Winston Paul Wong Chi Huang
Designation
General Counsel & Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Special
Financial Year End
31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.01

Event Narrative

Narrative Type
Narrative Text
Additional TextSubject to shareholders' approval at the Company's forthcoming annual general meeting to be convened for the financial year ended 31 December 2019, the payment of a special dividend of 1 cent per share will be made on 20 May 2020.
Additional TextNotice is hereby given that the Share Transfer Books and Register of Members of the Company will be closed on 12 May 2020 for the purpose of determining shareholders' entitlements to the proposed special dividend.
Additional TextDuly completed and stamped transfers of the ordinary shares of the Company ("Shares") received by the Company's Share Registrar, B.A.C.S. Private Limited at 8 Robinson Road #03-00 ASO Building, Singapore 048544 up to 5.00 p.m. on 11 May 2020 will be registered before the shareholders' entitlements to the special dividend are determined.
Additional TextShareholders (being depositors) whose securities accounts with The Central Depository (Pte) Limited are credited with the Shares as at 5.00 p.m. on 11 May 2020 will be entitled to the proposed special dividend.

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 0.01
Net Rate (Per Share)
SGD 0.01
Pay Date
20/05/2020
Gross Rate Status
Actual Rate

Reason(s) for Withdrawal

Reason(s) for Withdrawal
On 25 April 2020, the Company announced that its adjourned AGM shall be held on 11 May 2020 at 10 a.m. As the proposed final and special dividends are subject to shareholders' approval at the AGM, the ex-date and record date will change and the Company will announce the new dates.

Related Announcements

Related Announcements

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Applicable for REITs/ Business Trusts/ Stapled Securities