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
22-Aug-2022 14:51:58
Status
Replacement
Corporate Action Reference
SG220808DVCA5O0H
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.015

Event Narrative

Narrative Type
Narrative Text
Additional Text1. Please see attached an explanation with regard to the submission of an application for a reduced tax rate/exemption of dividend payments.
2. In line with prior practice, the dividend payment shall be made in SGD (and once the dividend amount is converted into SGD we will issue an update to this announcement),

Event Dates

Record Date and Time
19/08/2022 17:00:00
Ex Date
18/08/2022

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
20
Gross Rate (Per Share)
SGD 0.020754
Net Rate (Per Share)
SGD 0.016603
Pay Date
02/09/2022
Currency Pair
USD/SGD
Issuer Declared Exchange Rate
1.3836
Gross Rate Status
Actual Rate
Country of Income
Israel

Attachments

Announcement_re_Dividend_Taxation_8_August_2022.pdf
Total size =178K

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Applicable for REITs/ Business Trusts/ Stapled Securities