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

Issuer & Securities

Issuer/ Manager
SABANA REAL ESTATE INVESTMENT MANAGEMENT PTE. LTD.
Security
SABANA SHARI'AH COMPLIANT REIT - SG2C57965205 - M1GU

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
03-Aug-2021 17:33:26
Status
Replacement
Corporate Action Reference
SG210722DVOPHJ3K
Submitted By (Co./ Ind. Name)
Han Yong Lee (Donald)
Designation
Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0148
Dividend/ Distribution Period
01/01/2021 TO 30/06/2021
Number of Days
181

Event Narrative

Narrative Type
Narrative Text
Additional TextSabana REIT has announced a distribution of SGD0.0148 per Unit for the period from 1 January 2021 to 30 June 2021, comprising wholly taxable income distribution.
Taxation ConditionsPlease see attached for details.

Tax will be deducted at source from taxable component in certain circumstances.
Additional TextThis replacement announcement supersedes the earlier Announcement made on 22 July 2021
(Announcement Reference No. SG210722DVOPHJ3K).
Additional TextThis announcement should be read together with the earlier General Announcement made on 30 July
2021 (Announcement Reference No. SG210730OTHRFO49).

Event Dates

Record Date and Time
30/07/2021 17:00:00
Ex Date
29/07/2021

Option 1-Cash Payment Details

Election Period
12/08/2021 TO 27/08/2021
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.0148
Net Rate (Per Share)
SGD 0.0148
Pay Date
20/09/2021
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsSabana REIT wishes to announce that the distribution reinvestment plan ("DRP") will apply to the above distribution.

Certain categories of Unitholders will receive gross distribution (i.e. no tax will be deducted from it).

Please see attached for details.

Option 2-Cash Payment Details

Election Period
12/08/2021 TO 27/08/2021
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
10
Gross Rate (Per Share)
SGD 0.0148
Net Rate (Per Share)
SGD 0.01332
Pay Date
20/09/2021
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsSabana REIT wishes to announce that the distribution reinvestment plan ("DRP") will apply to the above distribution.

Tax at the rate of 10% will be deducted from the distribution made to foreign non-individual Unitholders.

Please see attached for details.

Option 3-Cash Payment Details

Election Period
12/08/2021 TO 27/08/2021
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
17
Gross Rate (Per Share)
SGD 0.0148
Net Rate (Per Share)
SGD 0.012284
Pay Date
20/09/2021
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsSabana REIT wishes to announce that the distribution reinvestment plan ("DRP") will apply to the above distribution.

Tax will be deducted at the prevailing corporate tax rate of 17% in certain circumstances.

Please see attached for details.

Security Option Details

Election Period
12/08/2021 TO 27/08/2021
New Security ISIN
SG2C57965205
New Security Name
SABANA SHARI'AH COMPLIANT REIT
Security Not Found
No
Fractional Disposition Method
Round down fraction to last full unit
Issue/ Reinvestment Price
SGD 0.4229
Security Credit Date
20/09/2021

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities