REPL::Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
FRASERS COMMERCIAL ASSET MANAGEMENT LTD.
Security
FRASERS COMMERCIAL TRUST - SG2C81967185 - ND8U

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
31-Oct-2018 20:26:05
Status
Replacement
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 TextReference is made to the announcement made on 19 October 2018 on the Notice of Books Closure Date and implementation of 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 TextThe issue price of the new Units to be issued under the DRP is S$1.3582 per Unit. Please refer to the attached for more information.
Taxation ConditionsThe 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

Attachments

FCOT_DRP unit issue price announcement.pdf
Total size =91K

Related Announcements

Related Announcements

29/11/2018 07:22:25
08/11/2018 17:25:45
19/10/2018 08:10:45

Applicable for REITs/ Business Trusts/ Stapled Securities