Cortina Holdings Sets Dividend Record Date and Payment Date: What Shareholders Must Know

Key Points:

• Cortina Holdings Limited has announced the key dates for its upcoming final and special one-tier tax-exempt dividends.
• The dividends are subject to shareholder approval at the Annual General Meeting (AGM) scheduled for 29 July 2025.
• The Record Date for determining shareholder entitlement to the dividends is 7 August 2025, after 5:00 p.m.
• The dividend payment date, if approved, will be 19 August 2025.
• Shareholders must ensure their shares are registered or credited to their Central Depository accounts by the Record Date to qualify for the dividends.

Details Shareholders Need to Know (and Why It Matters):

• AGM Approval Required: The final and special dividends are not automatic—they require approval at the AGM on 29 July 2025. Investors should monitor the AGM outcome closely, as a rejection or modification of the dividend proposal could impact share price expectations.
• Record Date is Critical: The Share Transfer Book and Register of Members will close on 7 August 2025, after 5:00 p.m. Only shareholders on record at that time will be entitled to receive the dividends. Any share transfers must be completed and registered by this deadline.
• Central Depository Accounts: Investors holding shares via The Central Depository (Pte) Limited must ensure their accounts are credited with Cortina Holdings ordinary shares as of the Record Date to qualify for the payouts.
• Dividend Payment Date: If approved, the dividends will be credited to entitled shareholders on 19 August 2025.

Potential Share Price Impact:
Dividend announcements—especially those involving special or final payouts—are typically price-sensitive events. Shareholders and prospective investors should take note:

• The confirmation of a final and special one-tier tax-exempt dividend could potentially boost investor sentiment toward Cortina Holdings’ shares.
• Failure to approve the dividends at the AGM, or changes to the amount or terms, could have the opposite effect and negatively impact share prices.
• The closing of the register and the payment timeline may also drive short-term trading activity as investors position themselves to qualify for the dividend.

Action Steps for Shareholders:

• Mark the AGM date (29 July 2025) and monitor the results for dividend approval.
• Ensure all share transfers are completed and registered by 5:00 p.m. on 7 August 2025 to secure entitlement.
• Expect dividend payment, if approved, on 19 August 2025.

Disclaimer: This article is for informational purposes only and does not constitute financial advice or an offer to buy or sell any security. Please consult a qualified financial advisor before making investment decisions. The author and publisher make no representations or warranties regarding the accuracy or completeness of the information provided.

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