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
27-Feb-2017 17:17:58
Status
New
Corporate Action Reference
SG170227DVCAK6PA
Submitted By (Co./ Ind. Name)
Tan Sock Kiang
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Final
Financial Year End
31/12/2016
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.06

Event Narrative

Narrative Type
Narrative Text
Narrative version1. FIRST AND FINAL DIVIDEND

The Board of Directors of Ho Bee Land Limited (the Company) is recommending a proposed first and final dividend of 6 cents per ordinary share for the financial year ended 31 December 2016.

Subject to Shareholders' approval at the annual general meeting of the Company to be held on 25 April 2017, the proposed first and final dividend will be paid on 31 May 2017.
Narrative version2. 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 18 May 2017.

Duly completed transfers in respect of ordinary shares of the Company (Shares) received by the Company's Share Registrar, M & C Services Private Limited, 112 Robinson Road #05-01, Singapore 068902, up to the close of business at 5.00 p.m. on 17 May 2017 will be registered to determine entitlements to the proposed first and final dividend.
Shareholders whose securities accounts with The Central Depository (Pte) Limited are credited with Shares at 5.00 p.m. on 17 May 2017 will be entitled to the proposed first and final dividend.

Event Dates

Record Date and Time
17/05/2017 17:00:00
Ex Date
15/05/2017

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.06
Net Rate (Per Share)
SGD 0.06
Pay Date
31/05/2017
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities