REPL::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
SARINE TECHNOLOGIES LTD.
Security
SARINE TECHNOLOGIES LTD - IL0010927254 - U77

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
30-Apr-2023 22:17:35
Status
Replacement
Corporate Action Reference
SG230226DVCA5FTD
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Final
Financial Year End
31/12/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.01

Event Narrative

Narrative Type
Narrative Text
Additional TextOn its meeting of 26 February 2023, the Board of Directors of Sarine Technologies Ltd. (the "Company") has recommended that the Annual General Meeting of the Company (scheduled to be held on 24 April 2023) the Company's shareholders shall resolve to distribute a cash dividend of US$ 0.01 (before tax) per share.

Event Dates

Record Date and Time
02/05/2023 17:00:00
Ex Date
28/04/2023

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
20
Gross Rate (Per Share)
SGD 0.01334
Net Rate (Per Share)
SGD 0.010672
Pay Date
12/05/2023
Currency Pair
USD/SGD
Issuer Declared Exchange Rate
1.334
Gross Rate Status
Actual Rate
Country of Income
Israel

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Applicable for REITs/ Business Trusts/ Stapled Securities