ST Group Food Industries Dividend Exchange Rate Announcement Could Impact Shareholders

Key Points:

• ST Group Food Industries Holdings Limited announces exchange rate for dividend payment.
• Dividend to be paid in Singapore currency based on an exchange rate of approximately AUD 1.00 : SGD 0.8808.
• Dividend payable in Singapore currency will be SGD 0.00140928 per ordinary share.
• Dividend payment date is 22 November 2024.

Important Information for Shareholders:

Shareholders should note that the exchange rate used for the dividend payment is AUD 1.00 : SGD 0.8808. This means that the dividend of AUD 0.00125 per ordinary share, as previously announced, will now equate to SGD 0.00140928 per ordinary share.

This exchange rate could potentially affect shareholder returns, especially for those whose primary currency is different from SGD. It is crucial for shareholders to consider the impact of the exchange rate on their dividend returns.

Details:

The board of directors of ST Group Food Industries Holdings Limited has confirmed that the dividend, payable to shareholders on 22 November 2024, will be paid in Singapore dollars. The exchange rate used for this conversion is approximately AUD 1.00 : SGD 0.8808. Consequently, the dividend amount in Singapore currency is SGD 0.00140928 per ordinary share.

This announcement has been reviewed by the Company’s Sponsor, Hong Leong Finance Limited, but has not been examined or approved by the Exchange. The Exchange assumes no responsibility for the contents of this announcement, including the correctness of any statements or opinions made.

For any further inquiries, shareholders can contact Ms. Vera Leong, Vice President of Hong Leong Finance Limited, at (+65) 6415 9881.

Disclaimer:

This article is for informational purposes only and does not constitute financial advice. Shareholders are encouraged to conduct their own research or consult with a financial advisor to understand the potential impacts of the exchange rate on their dividend returns.