Coupon Payment::Mandatory

Issuer & Securities

Issuer/Manager
CITY DEVELOPMENTS LIMITED
Security
CITY DEVELOPMENTS LTD NCCPS - SG1P70918864 - C70

Announcement Details

Announcement Title
Coupon Payment
Date &Time of Broadcast
11-Dec-2023 17:18:16
Status
New
Corporate Action Reference
SG231211INTRKNEB
Submitted By (Co./Ind. Name)
Enid Ling Peek Fong
Designation
Company Secretary
Method of Coupon Computation
Actual/ 365L or Actual/ Actual (basic rule)
Annual Coupon Rate (%)
3.9
Maturity Date
31/12/9999
Next Coupon Payment Date
01/07/2024

Event Narrative

Narrative Type
Narrative Text
Narrative versionNOTICE IS HEREBY GIVEN that the Preference Share Transfer Books and Register of Preference Shareholders of the Company will be closed on 20 December 2023. Duly completed registrable transfers received by the Company's Registrar, M & C Services Private Limited of 112 Robinson Road #05-01, Singapore 068902, up to 5.00 p.m. on 19 December 2023 will be registered to determine Preference Shareholders entitlement to the tax-exempt (one-tier) preference dividend (the "Preference Dividend") of 3.9% per annum of the issue price of $1.00 for each Preference Share representing $0.019660273 per Preference Share for the dividend period from 30 June 2023 to 30 December 2023 (both dates inclusive). In respect of Preference Shares in securities accounts with The Central Depository (Pte) Limited ("CDP"), the Preference Dividend will be paid by the Company to CDP who will distribute the Preference Dividend to the holders of the securities accounts.

By Order of the Board

Yeo Swee Gim, Joanne
Enid Ling Peek Fong
Company Secretaries
11 December 2023

Event Dates

Coupon Period (both dates inclusive)
30/06/2023 TO 30/12/2023
Number of Days
184
Record Date
19/12/2023
Ex Date
18/12/2023

Disbursement Details

Cash Payment Details
Taxable
No
Coupon Rate (%)
3.9
Pay Date
02/01/2024