| Announcement Title | General Announcement |
| Date & Time of Broadcast | Apr 3, 2020 17:40 |
| Status | New |
| Announcement Sub Title | FY2019 FINAL DIVIDEND - PAYMENT DATE TO BE DEFERRED DUE TO THE EXTENSION OF HOLDING AGM FOR FY2019 |
| Announcement Reference | SG200403OTHRY78X |
| Submitted By (Co./ Ind. Name) | Kevin Cho |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | As stated in the Company's Announcement issued on 18 February 2020, the Share Transfer Books and Register of Members of the Company will be closed on 18 May 2020 at 5.00 p.m. for the preparation of dividend warrants. The proposed final one-tier tax exempt dividend of 1.1 cents ($0.011) per ordinary share for the financial year ended 31 December 2019 (FY2019 Final Dividend), if approved at the forthcoming Annual General Meeting, will be paid on 29 May 2020. On 24 March 2020, the Ministry of Health announced tighter measures to minimise further spread of Covid-19, including requiring all events to be cancelled. In view of this, the Company has announced on 27 March 2020 that it would apply for an extension of time to hold its AGM for FY2019 by 29 June 2020. On 2 April 2020, the Company further announced that it has obtained approval of the aforesaid applications from Singapore Exchange Regulation and Accounting and Corporate Regulatory Authority. As the final dividend is subject to shareholders' approval at the AGM, the Company will announce the new record date and dividend payment date after the AGM date is determined. Shareholders please refer to future announcement(s) by the Company via SGXNET for the exact date of AGM, record date and dividend payment date. |
