A-Sonic Aerospace Limited Declares Final Dividend: What You Need to Know
A-Sonic Aerospace Limited Declares Final Dividend: What You Need to Know
Key Points:
A-Sonic Aerospace Limited (the “Company”) has announced the closure of its Transfer Books and Register of Members to determine shareholders’ entitlements to the proposed one-tier tax exempt final dividend of 0.50 Singapore cent per ordinary share for the financial year ended 31 December 2024.
The Record Date for the dividend is Friday, 16 May 2025, at 5:00 p.m.
The proposed final dividend is subject to shareholders’ approval at the Annual General Meeting (AGM) scheduled to be held on 25 April 2025.
Important Dates for Shareholders:
Record Date: Friday, 16 May 2025, at 5:00 p.m. – This is the deadline for shareholders to be registered in the Company’s books to be eligible for the proposed final dividend.
AGM Date: 25 April 2025 – Shareholders will vote on the proposed final dividend at this meeting.
Payment Date: 30 May 2025 – If approved, the final dividend will be paid to eligible shareholders on this date.
What Shareholders Need to Know:
To be eligible for the proposed final dividend, shareholders must have their securities accounts with The Central Depository (Pte) Limited credited with shares at 5:00 p.m. on 16 May 2025.
Duly completed transfers received by the Company’s Registrar, B.A.C.S. Private Limited, at 77 Robinson Road #06-03 Robinson 77, Singapore 068896, up to 5:00 p.m. on 16 May 2025, will be registered before entitlements to the final dividend are determined.
Impact on Share Price:
The announcement of a final dividend may have a positive impact on the share price of A-Sonic Aerospace Limited, as it indicates the Company’s financial health and its commitment to rewarding shareholders. However, the actual impact on the share price will depend on various market and economic factors.
Disclaimer:
The information provided in this article is for informational purposes only and should not be considered as investment advice. Investors should do their own research and consult with a financial advisor before making any investment decisions. The author and the website do not assume any responsibility for any losses or damages arising from the use of this information.
Share Price Sensitive Information:
Shareholders should take note that the proposed final dividend is subject to approval at the AGM. If the proposal is not approved, it may negatively impact the share price. Additionally, investors should be aware that the Record Date and Payment Date are critical dates that determine eligibility for the dividend.
Stay informed and make informed investment decisions. Keep an eye on A-Sonic Aerospace Limited’s stock performance and future announcements.
View A-Sonic Aero Historical chart here
