Bonus for Sing Investments and Finance

Hi Evan,
Recently there is a bonus for Sing Investments and Finance (SGX:S35).

The info link here :
https://links.sgx.com/1.0.0/corporate-actions/1270474

ANNOUNCED ON 2023-02-24

SING INVESTMENTS & FINANCE LTD

Event Type :
Bonus Issue/ Capitalisation Issue

Event Type Code :
BONU

Mandatory/Voluntary/Choice :
Mandatory

ISIN :
SG1S02002305

CA Reference :
SG230224BONUV9QN

Event Status :
New

Financial Year End :
31 Dec 2023

Ex-date :
12 May 2023

Buy-In Last Cum Date :
12 May 2023

Record Date :
15 May 2023

Payment Date :
23 May 2023

Remarks :
1 news securities for every 2 SING INVESTMENTS & FINANCE LTD

.Hence thinking of a event creation for Sing Investments and Finance on 23 May 23.
Simplest way seems to be ‘Add 0.5 * xx share on 15 may on the 23 may at $0.00.’
Will it be possible to create a event or we DIY?

Hi there,

Thank you for the proposal.

Somehow the link you gave is not working. You mean this right?=> REPL::Bonus Issue/ Capitalisation Issue::Mandatory

I think all that you suggested looks good except that we should use 12 May instead of 15 May since that is the exDate?

Thanks,
Evan

Hi Evan,
Yes thanks for the correct link as well as the ex date. It’s the 12th May for ex date.

Thanks,
Harry

Hi Harry,

Great. Would you like to create the event?

Thanks,
Evan

OK. I will have a go to create the event.

Harry

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Hi there,

I have approved the event with a bit of changes.

ExDate: 12 May
PayDate 23 May
(You accidentally flipped them :slight_smile: )

Share multiple should be 0.5 instead of 1.5. It is basically saying that for every 1 share of S35, you can 0.5 shares of S35.

Please accept it and see if it creates the transaction for you as expected.

Cheers,
Evan

1 Like

Hi Evan,
Thanks. It works. Noted on the multiplier part as well the ex and pay date. Event date is the ExDate and the PayDate is the Date of Action.

Cheers,
Harry

1 Like