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Singapore Shipping Corporation Limited Scrip Dividend Scheme - Issue Price Of New Shares

BackAug 11, 2022
Announcement Title Scrip Election/ Distribution/ DRP
Date & Time of Broadcast Aug 11, 2022 18:02
Status Replace
Corporate Action Reference SG220728DVOPI3ZF
Submitted By (Co./ Ind. Name) Lee Li Huang
Designation Chief Financial Officer and Company Secretary
Dividend/ Distribution Number Applicable
Value 24
Dividend/ Distribution Type Final
Financial Year End 31/03/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit) SGD 0.01
Event Narrative
Narrative Type Narrative Text
Additional Text This replacement announcement supersedes the earlier announcement made on 10 August 2022 (Announcement Reference No. SG220728DVOPI3ZF).

The Fractional Disposition Method should read as "Standard".
Additional Text Please refer to the attached for the Issue Price of New Shares to be issued to Shareholders who have elected to participate in the Singapore Shipping Corporation Limited Scrip Dividend Scheme, in lieu of cash amount of the FY2022 Dividend.
Event Dates
Record Date and Time 10/08/2022 17:00:00
Ex Date 08/08/2022
Cash Payment Details
Election Period 22/08/2022 TO 02/09/2022
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Exempted (1-tier)
Gross Rate (Per Share) SGD 0.01
Net Rate (Per Share) SGD 0.01
Pay Date 28/09/2022
Gross Rate Status Actual Rate
Country of Income Singapore
Security Option Details
Election Period 22/08/2022 TO 02/09/2022
New Security ISIN SG1J24887775
Security Not Found No
Fractional Disposition Method Standard
Issue/ Reinvestment Price SGD 0.227

Applicable for REITs/ Business Trusts/ Stapled Securities


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