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Sing Investments & Finance raises FY'17 dividend

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Sing Investments & Finance raises FY'17 dividend

Singapore-based Sing Investments & Finance Ltd. raised its dividend for the full year ended Dec. 31, 2017.

The company said March 26 that it declared a first and final one-tier tax exempt dividend of 7 Singapore cents per ordinary share for 2017, up from 5 cents per share in the prior-year period.

Subject to shareholder approval, the dividend will be paid May 9 to shareholders on record as of April 30.

As of March 26, US$1 was equivalent to S$1.31.