Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
CITY DEVELOPMENTS LIMITED
Security
CITY DEVELOPMENTS LIMITED - SG1R89002252 - C09

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
23-Feb-2017 07:33:52
Status
New
Corporate Action Reference
SG170223DVCAEKQW
Submitted By (Co./ Ind. Name)
Enid Ling Peek Fong
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
50
Dividend/ Distribution Type
Final
Financial Year End
31/12/2016
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.08

Event Narrative

Narrative Type
Narrative Text
Narrative versionNotice is hereby given that, subject to the ordinary shareholders' approval of the payment of a final dividend of S$0.08 per ordinary share in respect of the year ended 31 December 2016 at the Annual General Meeting to be held on 25 April 2017, the Ordinary Share Transfer Books and Register of Holders of ordinary shares of the Company will be closed on 3 May 2017.

Duly completed registrable transfers received by the Company's Registrars, M&C Services Private Limited of 112 Robinson Road #05-01 Singapore 068902, up to 5.00 p.m. on 2 May 2017 will be registered to determine ordinary shareholders' entitlement to the Final Ordinary Dividend.

In respect of ordinary shares in the securities accounts with The Central Depository (Pte) Limited ("CDP"), the Final Ordinary Dividend will be paid by the Company to CDP which will, in turn, distribute the Final Ordinary Dividend to the holders of the securities accounts.

Event Dates

Record Date and Time
02/05/2017 17:00:00
Ex Date
27/04/2017

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.08
Net Rate (Per Share)
SGD 0.08
Pay Date
22/05/2017
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities