WD::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
09-Apr-2020 23:32:10
Corporate Action Reference
Submitted By (Co./ Ind. Name)
Hooi Yu Koh
Executive Chairman and CEO
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Financial Year End
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0005

Event Narrative

Narrative Type
Narrative Text
Additional TextNotice is hereby given that subject to the approval of shareholders to the proposed first and final dividend declared in respect of the financial year ended 31 December 2019 ("Proposed Dividend") at the forthcoming Annual General Meeting ("AGM"),
Additional Textthe Transfer Book and Register of Members of the Company will be closed from 5.00 p.m. on 12 May 2020 for the purpose of determining shareholders entitlements to the Proposed Dividend.
Additional TextDuly completed registrable transfers received by the Company s Share Registrar, Tricor Barbinder Share Registration Services of 80 Robinson Road #02-00, Singapore 068898 up to 5.00 p.m. on 12 May 2020 will be registered to determine shareholders' entitlement to the Proposed Dividend.
Additional TextShareholders (being depositors) whose securities accounts with The Central Depository (Pte) Limited are credited with shares at 5.00 p.m. on 12 May 2020 will be entitled to the proposed Final Dividend.

If approved by shareholders at the forthcoming AGM, the Proposed Dividend will be paid on or about 28 May 2020.
Additional TextThis announcement has been prepared by the Company and its contents have been reviewed by the Company s sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") in accordance with Rules 226(2)(b) and 753(2) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.
Additional TextThis announcement has not been examined or approved by the SGX-ST. The SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
Additional TextThe contact person for the Sponsor is Ms Jennifer Tan, Associate Director, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: sponsorship@ppcf.com.sg).

Event Dates

Record Date and Time
12/05/2020 17:00:00
Ex Date

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.0005
Net Rate (Per Share)
SGD 0.0005
Pay Date
Gross Rate Status
Actual Rate
Country of Income

Reason(s) for Withdrawal

Reason(s) for Withdrawal
On 6 April 2020, the Company announced that SGX and ACRA approved the extension of time to hold its AGM for FY2019, and that the previous Books Closure Date and Payment Date for the distribution of dividends will thus no longer be applicable. The Company will announce the revised dates in due course.


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Applicable for REITs/ Business Trusts/ Stapled Securities