Genting Singapore Limited Announces Record Date for Final Dividend
Genting Singapore Limited Declares Final Dividend: Key Dates and Details
Genting Singapore Limited (the “Company”) has announced that the Register of Members and the Register of Share Transfers will be closed to determine shareholders’ entitlements to the proposed final one-tier tax-exempt dividend of 2 Singapore cents per ordinary share for the financial year ended 31 December 2024.
Key Points:
The record date for the final dividend is 5 May 2025.
The Register of Members and the Register of Share Transfers will be closed from 5 May 2025 until 6 May 2025.
Shareholders who have their securities accounts with The Central Depository (Pte) Limited credited with Shares as at 5.00 p.m. on 5 May 2025 will be entitled to the final dividend.
The payment date for the final dividend is 27 May 2025.
Important Dates for Shareholders:
Closure of Registers: The Register of Members and the Register of Share Transfers will be closed at 5.00 p.m. on 5 May 2025 until 5.00 p.m. on 6 May 2025.
Record Date: 5 May 2025 – Shareholders must have their names on the Company’s register of members by this date to be eligible for the final dividend.
Payment Date: 27 May 2025 – The date when the final dividend will be paid to eligible shareholders.
What This Means for Shareholders:
The closure of the registers and the determination of entitlements to the final dividend are crucial for shareholders. If you are holding Shares in Genting Singapore Limited as of 5 May 2025, you will be entitled to receive the proposed final dividend of 2 Singapore cents per share.
Share Price Sensitivity and Implications
The announcement of a dividend payment can be seen as a positive signal by investors, as it indicates that the company is generating sufficient profits to distribute to its shareholders. However, investors should note that the dividend payment is subject to approval by the shareholders at the forthcoming Annual General Meeting (AGM) to be held on 14 April 2025.
Disclaimer: This article is for informational purposes only and should not be considered as investment advice. The information contained herein is not intended to be a solicitation to buy or sell any securities. Before making any investment decisions, readers should consult with a financial advisor or conduct their own research.
By providing these details, Genting Singapore Limited aims to keep its shareholders informed about the company’s financial performance and its plans for dividend distribution.
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Genting Singapore Limited Declares Final Dividend: What You Need to Know
Additional Information
Company Secretary: Liew Lan Hing
Date of Announcement: 11 April 2025
Financial Year End: 31 December 2024
Proposed Final Dividend: 2 Singapore cents per ordinary share
Shareholders should take note of these important dates and ensure that their shares are registered in their name to receive the dividend.
If you have any questions or concerns about Genting Singapore Limited’s dividend announcement or its financial performance, consider consulting the company’s official announcements or financial reports.
For shareholders, this information can help in making informed decisions regarding their investments in Genting Singapore Limited.
Company Information
Genting Singapore Limited
Company Registration Number: 201818581G
Address: 10 Sentosa Gateway, Singapore 098270
View Genting Sing Historical chart here
