Capital Distribution::Mandatory

Issuer & Securities

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

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
17-Jul-2018 18:21:44
Status
New
Corporate Action Reference
SG180717CAPD7KG6
Submitted By (Co./ Ind. Name)
Victor Tan Kok Mian
Designation
Executive Director and Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Period
01/04/2018 TO 30/06/2018
Number of Days
91

Event Narrative

Narrative Type
Narrative Text
Additional TextFirst REIT has announced a distribution of 2.15 cents per unit in First REIT for the period from 1 April 2018 to 30 June 2018, comprising a taxable income component of 0.09 cents per unit, a tax-exempt income component of 1.10 cents per unit and a capital component of 0.96 cents per unit.
Taxation ConditionsThe capital component of the distribution is treated as a return of capital for Singapore income tax purposes. No tax will be deducted at source from this component.

Event Dates

Record Date and Time
25/07/2018 17:00:00
Ex Date
23/07/2018

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0096
Net Rate (per share)
SGD 0.0096
Pay Date
24/08/2018
Gross Rate Status
Actual Rate

Attachments

First REIT Notice of BCD for 2Q2018.pdf
Total size =103K

Applicable for REITs/ Business Trusts/ Stapled Securities