Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager: SARINE TECHNOLOGIES LTD.
Security: SARINE TECHNOLOGIES LTD - IL0010927254 - U77

Announcement Details

Announcement Title: Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast: 08-Apr-2015 16:14:09
Status: New
Corporate Action Reference: SG150408DVCAT03L
Submitted By (Co./ Ind. Name): Amir J, Zolty
Designation: Company Secretary
Dividend/ Distribution Number: Not Applicable
Dividend/ Distribution Type: Final
Financial Year End: 31/12/2014
Declared Dividend/ Distribution Rate (Per Share/ Unit): USD 0.02

Event Narrative

Narrative Type	Narrative Text
Taxation Conditions	The applicable tax rate for Israeli residents shall be 15%. The applicable tax rate for Singaporean residents shall be 10%.

Event Dates

Record Date and Time: 27/04/2015 18:00:00
Ex Date: 23/04/2015

Dividend Details

Payment Type: Payment Rate in Gross
Taxable: Yes
Tax Rate (%): 10
Gross Rate (Per Share): USD 0.02
Net Rate (Per Share): USD 0.018
Pay Date: 07/05/2015
Gross Rate Status: Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities