Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
FRASERS LOGISTICS & COMMERCIAL ASSET MANAGEMENT PTE. LTD.
Security
FRASERS LOGISTICS & COMMERCIAL TRUST - SG1CI9000006 - BUOU

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
05-Aug-2021 23:31:44
Status
New
Corporate Action Reference
SG210805DVCASAJ1
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
30/09/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.00721
Dividend/ Distribution Period
01/04/2021 TO 02/06/2021
Number of Days
63

Event Narrative

Narrative Type
Narrative Text
Narrative versionFurther to the announcement on 24 May 2021 in relation to an advanced distribution, please see attached an announcement on the actual advanced distribution of 1.310 Singapore cents per unit in FLCT ("Unit") for the period from 1 April 2021 to 2 June 2021.
Narrative versionThe advanced distribution comprises a tax-exempt income distribution component of 0.721 cents per Unit and a capital component of 0.589 cents per Unit. Unitholders of FLCT ("Unitholders") with Units in their securities accounts as at 5.00 p.m. on 2 June 2021 will be entitled to the advanced distribution, which will be paid on 24 August 2021.
Taxation ConditionsThe 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 ConditionsThe 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
02/06/2021 17:00:00
Ex Date
01/06/2021

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.00721
Net Rate (Per Share)
SGD 0.00721
Pay Date
24/08/2021
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities