Cash Dividend/ Distribution::Choice

Issuer & Securities

Issuer/ Manager
JARDINE CYCLE & CARRIAGE LIMITED
Security
JARDINE CYCLE & CARRIAGE LTD - SG1B51001017 - C07

Announcement Details

Announcement Title
Cash Dividend/ Distribution with Choice
Date &Time of Broadcast
01-May-2020 17:04:40
Status
New
Corporate Action Reference
SG200501DVCAIWCS
Submitted By (Co./ Ind. Name)
Jeffery Tan Eng Heong
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
101
Dividend/ Distribution Type
Final
Financial Year End
31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.69

Event Narrative

Narrative Type
Narrative Text
Narrative versionNOTICE IS HEREBY GIVEN that, subject to shareholders' approval being obtained at the forthcoming adjourned 51st Annual General Meeting of the Company ("Adjourned AGM") for the proposed final one-tier tax-exempt dividend of US$0.69 per share for the financial year ended 31 December 2019 (the "Final Dividend"), the Transfer Books and Register of Members of the Company will be closed from 5.00 p.m. on Tuesday, 9 June 2020 (the "Record Date") up to, and including Wednesday, 10 June 2020, for the purpose of determining shareholders' entitlement to the Final Dividend. Duly completed transfers of shares of the Company in physical scrip received by the Company's Share Registrar, M & C Services Private Limited at 112 Robinson Road #05-01, Singapore 068902 up to 5.00 p.m. on the Record Date will be registered before entitlements to the Final Dividend are determined. Subject to approval being obtained as aforesaid, shareholders (being Depositors) whose securities accounts with The Central Depository (Pte) Limited are credited with shares of the Company as at 5.00 p.m. on the Record Date will rank for the Final Dividend. The Final Dividend, if approved at the Adjourned AGM, will be paid on Friday, 17 July 2020. Shareholders will have the option to receive the Final Dividend in Singapore dollars, and in the absence of any election, the Final Dividend will be paid in US dollars. Details on this elective will be furnished to shareholders after approval of the Final Dividend.

Event Dates

Record Date and Time
09/06/2020 17:00:00
Ex Date
08/06/2020

Option 1-Cash Payment Details

Election Period
17/06/2020 TO 02/07/2020
Default Option
Yes
Option Currency
United States Dollar
Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
USD 0.69
Net Rate (Per Share)
USD 0.69
Pay Date
17/07/2020
Gross Rate Status
Indicative Rate

Option 2-Cash Payment Details

Election Period
17/06/2020 TO 02/07/2020
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
USD 0.69
Net Rate (Per Share)
USD 0.69
Pay Date
17/07/2020
Gross Rate Status
Indicative Rate
Currency Pair
SGD/USD

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