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Oct 23, 2019

Details Of Advanced Distribution In Connection With The Private Placement Of New Units In Frasers Logistics & Industrial Trust - Tax-Exempt Income Distribution Component

Announcement Title Cash Dividend/ Distribution
Date & Time of Broadcast Oct 23, 2019 21:43
Status Replace
Corporate Action Reference SG190730DVCAY422
Submitted By (Co./ Ind. Name) Catherine Yeo
Designation Company Secretary
Dividend/ Distribution Number Not Applicable
Financial Year End 30/09/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit) SGD 0.0116
Dividend/ Distribution Period 01/04/2019 TO 07/08/2019
Number of Days 129
Event Narrative
Narrative Type Narrative Text
Narrative version Further to the announcement made on 30 July 2019 in relation to an advanced distribution, please see attached an announcement on the actual advanced distribution of 2.45 Singapore cents per unit in FLT ("Unit") for the period from 1 April 2019 to 7 August 2019.
Narrative version The advanced distribution comprises a tax-exempt income distribution component of 1.16 cents per Unit and a capital component of 1.29 cents per Unit. Unitholders of FLT ("Unitholders") with Units in their securities accounts as at 5.00 p.m. on 7 August 2019 will be entitled to the advanced distribution, which will be paid on 1 November 2019.
Narrative version Please see attached an announcement on the applicable exchange rate to compute the actual advanced distribution.
Taxation Conditions The tax-exempt income distribution component is exempt from Singapore income tax in the hands of all unitholders, regardless of their nationality, corporate identity or tax residence status. No tax will be deducted from such component.
Taxation Conditions The capital distribution component represents a return of capital to Unitholders for Singapore income tax purposes. The amount of the capital distribution component will be applied to reduce the cost base of Unitholders' Units for Singapore income tax purposes. For Unitholders who are liable for Singapore income tax on profits from the sale of their Units, the reduced cost base of their Units will be used to calculate any taxable trading gains arising from the disposal of the Units.
Event Dates
Record Date and Time 07/08/2019 17:00:00
Ex Date 06/08/2019
Option 1-Cash Payment Details
Election Period 21/08/2019 TO 25/09/2019
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) SGD 0.0116
Net Rate (Per Share) SGD 0.0116
Pay Date 01/11/2019
Gross Rate Status Actual Rate
Option 2-Cash Payment Details
Election Period 21/08/2019 TO 25/09/2019
Default Option No
Option Currency Australian Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) SGD 0.0116
Net Rate (Per Share) SGD 0.0116
Pay Date 01/11/2019
Gross Rate Status Actual Rate
Currency Pair AUD/SGD
Exchange Rate 1.0693
Gross Rate in Option Currency AUD 0.012404
Note- Any information entered in narrative will not be used in processing
Narrative Type Narrative Text
Narrative Version The actual exchange rate as at 23 October 2019 is SGD 1.00 : AUD 1.0693

Applicable for REITs/ Business Trusts/ Stapled Securities
Advanced Distribution

23 Oct 2019 | PDF 149,220 kb

Exchange Rate

23 Oct 2019 | PDF 104,175 kb

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