GKE Corporation Announces Special Interim Dividend: Key Details for Shareholders

GKE Corporation Limited has officially announced a Special Interim Tax Exempt (One-Tier) Dividend of SGD0.0005 per ordinary share for the financial year ending 31 May 2025. This announcement is expected to garner significant attention from shareholders and may influence the company’s share price in the lead-up to the ex-dividend date.

Critical Dates and Details

The Board of Directors has determined that the dividend will be paid on 21 February 2025. To qualify for this payment, shareholders must ensure they are registered in GKE’s Share Transfer Books and Register of Members by 5:00 PM on 7 February 2025.

Additionally, investors whose securities accounts with The Central Depository (Pte) Limited are credited with ordinary shares as of 5:00 PM on the same date will also qualify for the dividend.

Important Action Required by Shareholders

Shareholders who need to update or transfer their shareholdings should submit their duly completed registrable transfers to GKE’s Share Registrar, In.Corp Corporate Services Pte. Ltd., at 36 Robinson Road, #20-01 City House, Singapore 068877, before 5:00 PM on 7 February 2025. Timely submission is essential to secure their entitlements.

Potential Impact on Share Prices

The declaration of this dividend, albeit modest at SGD0.0005 per share, could have a price-sensitive impact on GKE Corporation’s shares. Dividend announcements often influence investor sentiment and trading activity, particularly as the ex-dividend date approaches. Shareholders and potential investors should monitor trading volumes and prices in the coming weeks to assess market reactions to this development.

Regulatory Review

This announcement has been reviewed by the company’s sponsor, RHT Capital Pte. Ltd., but it has not been examined or approved by the Singapore Exchange Securities Trading Limited (SGX). GKE Corporation has affirmed the accuracy of the information contained herein.

For further enquiries, shareholders may reach out to RHT Capital Pte. Ltd. via Mr. Josh Tan at 36 Robinson Road, #10-06 City House, Singapore 068877, or email [email protected].

Disclaimer

This article is for informational purposes only and does not constitute financial advice. Readers are advised to conduct their own research or consult with a financial advisor before making any investment decisions. The content is based on publicly available information as of 13 January 2025 and may be subject to change.