Sing Holdings Limited Announces Proposed Final Dividend of 1 Cent per Share

Sing Holdings Limited, a Singapore-based company, has announced details of its proposed final dividend for the financial year ended 31 December 2024. This news is potentially significant for investors, as it could impact the company’s share price.
Key Points:
The company is proposing a final dividend of 1 cent per ordinary share, to be paid on a one-tier tax-exempt basis.
The ex-dividend date is set for 30 April 2025, and the payment date is scheduled for 15 May 2025.
The company’s share transfer books and register of members will be closed at 5:00 pm on 2 May 2025 to determine shareholders’ entitlement to the dividend.
Shareholders whose securities accounts with The Central Depository (Pte) Limited (“CDP”) are credited with shares in the capital of the company as of 5:00 pm on 2 May 2025 will be entitled to the dividend.
The dividend will be paid by the company to CDP, which will then distribute the dividend entitlements to shareholders.
Potential Impact on Share Price: The announcement of the proposed final dividend is likely to be viewed positively by investors, as it indicates the company’s financial strength and its willingness to reward shareholders. The dividend payment may attract more investors to the stock, potentially leading to an increase in the share price.
Furthermore, the ex-dividend date and the record date are important for investors to be aware of, as they will determine who is eligible to receive the dividend. Investors who hold the stock on or before the ex-dividend date will be entitled to the dividend, while those who purchase the stock after the ex-dividend date will not be eligible.
Conclusion: The announcement of the proposed final dividend by Sing Holdings Limited is a positive development for shareholders, as it demonstrates the company’s financial stability and its commitment to rewarding its investors. Investors should closely monitor the ex-dividend date and the record date to ensure they are eligible to receive the dividend payment.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions.

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