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Nov 29, 2018

Allotment, Issue And Listing Of New Units Under The Distribution Reinvestment Plan - Tax-Exempt Income Component

Announcement Title Scrip Election/ Distribution/ DRP
Date & Time of Broadcast Nov 29, 2018 7:22
Status Replace
Corporate Action Reference SG181019DVOPGGP3
Submitted By (Co./ Ind. Name) Catherine Yeo
Designation Company Secretary
Dividend/ Distribution Number Not Applicable
Financial Year End 30/09/2018
Declared Dividend/ Distribution Rate (Per Share/ Unit) SGD 0.005685
Dividend/ Distribution Period 01/07/2018 TO 30/09/2018
Number of Days 92
Event Narrative
Narrative Type Narrative Text
Additional Text Reference is made to the application of a distribution reinvestment plan ("DRP") for the distribution of 2.4 cents per Unit for the period from 1 July 2018 to 30 September 2018.
Additional Text 3,381,980 new units ("Units") in Frasers Commercial Trust ("FCOT") have been allotted and issued today at an issue price of S$1.3582 per Unit to eligible unitholders of FCOT who have elected to participate in the DRP. Please refer to the attached announcement for more information.
Taxation Conditions The tax-exempt income component of the distribution is exempt from tax in the hands of all Unitholders. No tax will be deducted at source from this component of the distribution.
Event Dates
Record Date and Time 30/10/2018 17:00:00
Ex Date 26/10/2018
Cash Payment Details
Election Period 08/11/2018 TO 19/11/2018
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) SGD 0.005685
Net Rate (Per Share) SGD 0.005685
Pay Date 29/11/2018
Gross Rate Status Actual Rate
Security Option Details
Election Period 08/11/2018 TO 19/11/2018
New Security ISIN SG2C81967185
New Security Name FRASERS COMMERCIAL TRUST
Security Not Found No
Fractional Disposition Method Fractional Part for Cash

Applicable for REITs/ Business Trusts/ Stapled Securities
Attachment 1

29 Nov 2018 | PDF 74,016 kb

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