| Narrative version | Further to the Company s announcement on 30 December 2016 in relation to the completion of the disposal of the Group s FPS and FCD businesses, and the full year results announcement on 1 March 2017, the Board would like to announce an interim cash dividend of 8.5 cents per ordinary share, one-tier tax exempt ( Interim Dividend ) in respect of financial year ended 31 December 2016, which will be funded from part of the proceeds of the said disposal.
Notice is hereby given that the Share Transfer Books and Register of Members of the Company will be closed on the Book Closure Date. Duly completed transfers received by the Company s Registrar, Boardroom Corporate & Advisory Services Pte. Ltd. at 50 Raffles Place 32-01 Singapore Land Tower, Singapore 048623, up to the close of business at 5.00 p.m. on 20 March 2017 will be registered to determine shareholders entitlement to the Interim Dividend. Shareholders whose securities accounts with The Central Depository (Pte) Limited ( CDP ) are credited with shares in the capital of the Company at 5.00 p.m. on 20 March 2017 will be entitled to the Interim Dividend. The Interim Dividend will be paid by the Company to CDP, which will in turn distribute the dividend entitlements to shareholders.
PLEASE TAKE NOTE THAT due to the limitations of the SGXNET system, 31/12/2017 has been indicated instead of 31/12/2016 , in the Financial Year End field under the Announcement Details section above. However, as the Interim Dividend will be paid before the date of the FY2016 Annual General Meeting the Interim Dividend should be in respect of FY2016. |