Grand Banks Yachts Limited has announced a proposed final one-tier tax-exempt dividend of 1.0 Singapore cent per ordinary share for the financial year ending 30 June 2024. The dividend proposal will be subject to shareholder approval at the Annual General Meeting (AGM) scheduled for 24 October 2024.
The Record Date for determining shareholders’ entitlement to the dividend is Friday, 8 November 2024, at 5:00 p.m. Shareholders’ accounts credited with shares as of the Record Date will be eligible for the dividend. The dividend payment date is set for Monday, 18 November 2024, pending approval at the AGM.
Investor Actions:
- Shareholders should ensure their shares are registered or their securities accounts are credited before the Record Date (8 November 2024).
- Attend or note the outcomes of the AGM on 24 October 2024 to confirm the approval of the dividend.
Special Notes for Investors:
- The dividend is proposed as a one-tier tax-exempt distribution.
- Ensure registrable transfers are completed by the Record Date to qualify for the dividend.
Dates to Remember:
- AGM Date: 24 October 2024
- Record Date: 8 November 2024, 5:00 p.m.
- Dividend Payment Date: 18 November 2024
