Boustead Singapore (F9D) said on Aug, 12 2026 that it has fixed the issue price for new shares under its Scrip Dividend Scheme at S$1.76 apiece.
The price represents an 8.00% discount to the arithmetic average of the company’s last dealt prices on the Singapore Exchange during the Aug, 7-11 2026 period, when the stock traded ex-dividend.
The scheme applies to the final and special tax-exempt dividends of 4.0 and 4.5 Singapore cents per share, respectively, for the financial year ended Mar, 31 2026. Shareholders on the register as of 5:00 p.m. on Aug, 11 2026 are entitled to elect to receive the dividends in shares or cash.
Fractional share entitlements will be rounded up to the nearest whole share. Shareholders who take no action will receive their dividends fully in cash. Payment of the cash dividend and issuance of the new shares are scheduled for on or about Sep, 28 2026.
Notices of Election will be dispatched to eligible shareholders on or around Aug, 21 2026.