Sarine Tech - Cash Dividend/ Distribution::Mandatory (SGD 0.02)

Company: SARINE TECHNOLOGIES LTD
Stock Name: Sarine Tech
Amount: SGD 0.02
Announcement Date: 08/04/2015
Record Date: 23/04/2015

Dividend Detail:

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Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager	SARINE TECHNOLOGIES LTD.
Security	SARINE TECHNOLOGIES LTD - IL0010927254 - U77

Announcement Details

Announcement Title	Mandatory Cash Dividend/ Distribution
Date & Time of Broadcast	08-Apr-2015 22:56:04
Status	New
Corporate Action Reference	SG150408DVCA56GC
Submitted By (Co./ Ind. Name)	Amir J, Zolty
Designation	Company Secretary
Dividend/ Distribution Number	Applicable
Value	0
Dividend/ Distribution Type	Final
Financial Year End	31/12/2014
Declared Dividend/ Distribution Rate (Per Share/ Unit)	USD 0.02

Event Narrative

Narrative Type Narrative Text Taxation Conditions 1, The tax rate for individual Israeli shareholders will be 20%. 2,The tax rate for israeli ciroirate shareholders wikk be 0%. 3.The tax rate for Singaporean shareholders will be 10%. Additional Text This announcement replaces the Company's announcement which was posted earlier today (Corporate Action Reference SG150408DVCAT03L),

Event Dates

Record Date and Time	27/04/2015 17:00:00
Ex Date	23/04/2015

Dividend Details

Payment Type	Payment Rate in Gross
Taxable	Yes
Tax Rate (%)	10
Gross Rate (Per Share)	USD 0.02
Net Rate (Per Share)	USD 0.018
Pay Date	07/05/2015
Gross Rate Status	Actual Rate

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Applicable for REITs/ Business Trusts/ Stapled Securities