REPL::Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
OVERSEA-CHINESE BANKING CORPORATION LIMITED
Security
OVERSEA-CHINESE BANKING CORP - SG1S04926220 - O39

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
07-May-2019 18:16:01
Status
Replacement
Corporate Action Reference
SG190222DVOP4VLN
Submitted By (Co./ Ind. Name)
Sherri Liew
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
92
Dividend/ Distribution Type
Final
Financial Year End
31/12/2018
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.23

Event Narrative

Narrative Type
Narrative Text
Additional TextFY18 Final Dividend - Issue Price of New Shares for Scrip Dividend
Additional TextThe distribution ratio (Additional:Old) is computed based on the FY2018 Final Dividend (being S$0.23 per ordinary share) as compared to the issue price of new shares for the scrip dividend (being S$10.55 per new share), after rounding to the nearest whole number.
Additional TextPlease see attached.

Event Dates

Record Date and Time
06/05/2019 17:00:00
Ex Date
03/05/2019

Cash Payment Details

Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.23
Net Rate (Per Share)
SGD 0.23
Pay Date
24/06/2019
Gross Rate Status
Actual Rate

Security Option Details

Election Period
16/05/2019 TO 06/06/2019
New Security ISIN
SG1S04926220
New Security Name
OVERSEA-CHINESE BANKING CORP
Security Not Found
No
Fractional Disposition Method
Round up fraction to next full unit
Issue/ Reinvestment Price
SGD 10.55
Security Credit Date
25/06/2019
Distribution Ratio (Additional: Old)
1:46

Attachments

FY18_Final_Dividend_Issue_Price_07May2019.pdf
Total size =97K

Related Announcements

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22/02/2019 07:02:51

Applicable for REITs/ Business Trusts/ Stapled Securities