Carson Cumberbatch : CARS-CSE-ANN-2022-DA-02 - First Interim Dividend - 27th June 2022
June 28, 2022 at 07:51 am EDT
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CARSONS MANAGEMENT SERVICES (PRIVATE) LIMITED
No. of Company : PV 315
27th June 2022
Mr. Renuke Wijayawardhane
Chief Operating Officer
Colombo Stock Exchange
4-01,West Block, World Trade Centre Echelon Square, Colombo 1
Our Ref: CARS/CSE/ANN/2022/DA/02
Dear Sir,
ANNOUNCEMENT
CARSON CUMBERBATCH PLC
FIRST INTERIM DIVIDEND OF RS. 1/50 PER ORDINARY SHARE FOR THE FINANCIAL YEAR ENDING 31ST MARCH 2023
We wish to inform you that the Board of Carson Cumberbatch PLC (CARS/ the Company) has approved the payment of a First Interim Dividend of Rs.1/50 per Ordinary Share for the year ending 31st March 2023 to the Shareholders.
As per Article 16(2) of the Articles of Association of the Company, the payment of an Interim Dividend does not require the approval of the Shareholders.
The total dividend of Rs. 294,580,371/- would be paid entirely out of Dividend income received by CARS and would not be subjected to withholding tax by the Company as per the Inland Revenue Act, No. 24 of 2017 as amended.
In terms of the Listing Rule 7.1.c.ii of the Colombo Stock Exchange, the said dividend payment would be dispatched to the Shareholders as follows;
'XD' date would be Wednesday, 6th July 2022. The 'Record date' for the purpose of calculation of Dividend would be
Friday, 8th July 2022 being the 2nd Market Day from and excluding the XD date.
1st payment - Within 3 Market Days from and excluding the 'Record date' to Shareholders who have provided accurate dividend disposal instructions to the CDS or the Company by providing their bank account number(s), i.e. Thursday, 14th
July 2022
2nd payment - Within 12 Market Days from and excluding the 'Record date' to Shareholders who have not provided accurate bank account details or have not provided any bank account details, i.e. Wednesday, 27th July 2022
We attach herewith a certified extract of Board Resolution No. CARS/2022/11 dated 24th June 2022 and the Solvency Certificate signed by the Directors of the Company pertaining to the said Dividend payment.
We undertake to forward to you a certified copy of the Certificate of Solvency issued by Messrs. KPMG, Auditors of the Company on or before the final date of dividend payment on/before Wednesday, 27th July 2022
The transfer books of the Company will be kept open.
Yours faithfully, For and on behalf of Carson Cumberbatch PLC
: carsons@carcumb.com Web site : www.carsoncumberbatch.com
Directors
: H. Selvanathan (Chairman), M. Selvanathan, K. C. N. Fernando,
A. P. Weeratunge, Mrs. K. D. De Silva, K. Selvanathan, V. R. Wijesinghe, S. Selvanathan
A CARSON CUMBERBATCH COMPANY
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Carson Cumberbatch plc published this content on 27 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2022 11:50:03 UTC.
Carson Cumberbatch PLC is a diversified company. Its segments include Investment Holdings, which is engaged in holding of strategic investments; Portfolio and Assets Management, which includes investment and management of listed, private equity, fixed income and unit trust investments; Oil Palm Plantations, which is involved in production and sale of palm oil, palm kernel and fresh fruit bunches to the domestic and international market; Oils & Fats, which includes manufacturing, marketing and selling of refined oils and specialty fats to the bakery, chocolate and confectionery, ice creams and creamer industries and cooking oil products; Beverage, which includes production and sale of beer, import and distribution of alcoholic beverage; Real Estate, which is engaged in letting office and warehouse premises on rent for commercial purposes; Leisure, which is engaged in hoteliering and Management Services, which is engaged in providing support services to the group entities.
CARSON CUMBERBATCH PLC 
