Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
TAI SIN ELECTRIC LIMITED
Security
TAI SIN ELECTRIC LIMITED - SG1F88861140 - 500

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
28-Aug-2020 17:20:36
Status
New
Corporate Action Reference
SG200828DVCA83I3
Submitted By (Co./ Ind. Name)
TAN SHOU CHIEH
Designation
SECRETARY
Dividend/ Distribution Number
Applicable
Value
38
Dividend/ Distribution Type
Final
Financial Year End
30/06/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0075

Event Narrative

Narrative Type
Narrative Text
Additional TextNOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the Company will be closed on 7 November 2020 for the purpose of preparing dividend warrants.
Additional TextDuly completed transfers received by the Company's Share Registrars, B.A.C.S. Private Limited of 8 Robinson Road #03-00 ASO Building, Singapore 048544 up to 5.00 p.m. on 6 November 2020 will be registered before entitlements to the final dividend are determined.
Additional TextIn respect of shares in securities accounts with The Central Depository (Pte) Limited ("CDP"), the said final dividend will be paid by the Company to CDP which will distribute the dividend to holders of the securities accounts.
Additional TextThe proposed final one-tier exempt dividend of $0.0075 per ordinary share in respect of the financial year ended 30 June 2020, subject to Shareholders approval at the forthcoming Annual General Meeting scheduled to be held on 29 October 2020, will be paid on 13 November 2020.

Event Dates

Record Date and Time
06/11/2020 17:00:00
Ex Date
05/11/2020

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.0075
Net Rate (Per Share)
SGD 0.0075
Pay Date
13/11/2020
Gross Rate Status
Actual Rate
Country of Income
Singapore

Applicable for REITs/ Business Trusts/ Stapled Securities