Singapore Company Declares Ordinary Dividend: Key Dates and Details
Investors in [Company Name] should take note of an important announcement regarding the company’s ordinary dividend. On [Date], the company released a notice stating that it will be paying out a first and final dividend to its shareholders, subject to approval at the upcoming Annual General Meeting (AGM).
Key Points to Note
- The Record Date to determine entitlements to the Ordinary Dividend is 13 May 2025.
- The Company’s Registrar will accept registrable transfers up to 5:00 p.m. on the Record Date.
- The Ordinary Dividend will be paid on 27 May 2025, if approved by shareholders.
- The Company has its registered office at 8 Temasek Boulevard #31-02, Suntec Tower Three, Singapore 038988.
Important Details for Shareholders
The company’s Ordinary Dividend payment is subject to shareholder approval at the 31st Annual General Meeting scheduled to take place on 24 April 2025. The dividend payment will be made on a one-tier, tax-exempt basis.
Shareholders who wish to receive the dividend must ensure that their shares are registered in their name by the Record Date. For shares held in securities accounts with The Central Depository (Pte) Limited (“CDP”), the Ordinary Dividend will be paid to CDP, which will then distribute the entitlements to account holders according to its normal practice.
Price-Sensitive Information
The Ordinary Dividend payment is a significant event for shareholders, and the approval of the dividend at the AGM could potentially impact the company’s share price. If approved, the dividend payment will be made on 27 May 2025, providing investors with a return on their investment.
Impact on Share Price
The announcement of the Ordinary Dividend payment could have a positive impact on the company’s share price, as it indicates a return of value to shareholders. However, investors should note that the dividend payment is subject to approval at the AGM, and any changes to the dividend payment or other company announcements could affect the share price.
SEO Title: Suntec Tower Three’s Ordinary Dividend Payment: What Investors Need to Know
Disclaimer: This article is for informational purposes only and should not be considered as investment advice. The information contained in this article is based on available data and may not be comprehensive or up-to-date. Readers should do their own research and/or consult with a financial advisor before making any investment decisions. The company’s share price may fluctuate, and investors should be cautious when making investment decisions.
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