Liquidation Dividend/ Distribution/ Payment::Mandatory

Issuer & Securities

Issuer/ Manager
PHILLIP SECURITIES PTE LTD
Security
GULF ENERGY TH SDR 1TO1 - SGXE64631562 - TGED

Announcement Details

Announcement Title
Liquidation Dividend/ Distribution/ Payment
Date &Time of Broadcast
21-Mar-2025 18:19:41
Status
New
Corporate Action Reference
SG250321LIQUIQ8I
Submitted By (Co./ Ind. Name)
Lee Hui Xian
Designation
Manager

Event Narrative

Narrative Type
Narrative Text
Additional TextGulf Energy Development Public Company Limited (Gulf) has announced that the board of directors have approved certain resolutions relating to amalgamation between Gulf and Intouch Holdings Public Company Limited (Intouch) (Amalgamation). The announcements are published on the website of SET.
Additional TextThe SDR programme provides that termination of the SDR may occur when the NVDR cease to be listed on the SET .For SDRs that are recorded on the Register as of 11 March 2025, under the terms and conditions of the SDR, the Depository will sell the Underlying NVDR by 18 March 2025, unless such sale is unlawful or impracticable.
Additional TextThe Depository will subsequently credit the proceeds, net of liquidation expenses, to entitled SDR Holders in Singapore dollars at the prevailing foreign exchange rates on 27 March 2025. The final net distribution rate for each SDR in Singapore dollars will be SGD 1.85373 using prevailing foreign exchange rate of 25.45637 (SGD/THB).

Event Dates

Record Date
11/03/2025
Ex Date
10/03/2025

Disbursement Details

Existing Security Details
Security Debit Date
27/03/2025
Disbursement Type
Cash
Cash Payment Details
Price
SGD 1.85373
Pay Date
27/03/2025

Attachments