Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
BOWSPRIT CAPITAL CORPORATION LIMITED
Security
FIRST REAL ESTATE INV TRUST - SG1U27933225 - AW9U

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
18-Apr-2016 17:51:08
Status
New
Corporate Action Reference
SG160418DVCAN4FR
Submitted By (Co./ Ind. Name)
Dr Ronnie Tan Keh Poo
Designation
Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0112
Dividend/ Distribution Period
01/01/2016 TO 31/03/2016
Number of Days
91

Event Narrative

Narrative Type
Narrative Text
Additional TextFirst REIT has announced a distribution of 2.11 cents per unit in First REIT for the period from 1 January 2016 to 31 March 2016, comprising a taxable income component of 0.08 cents per unit, a tax-exempt income component of 1.12 cents per unit and a capital component of 0.91 cents per unit. Please see attached for details.
Taxation ConditionsThe tax-exempt component of the distribution is exempt from tax in the hands of all Unitholders. No tax will be deducted at source from this component.

Event Dates

Record Date and Time
26/04/2016 17:00:00
Ex Date
22/04/2016

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.0112
Net Rate (Per Share)
SGD 0.0112
Pay Date
30/05/2016
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities