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
14-Jul-2016 17:19:41
Status
New
Corporate Action Reference
SG160714CAPDDGI4
Submitted By (Co./ Ind. Name)
Dr Ronnie Tan Keh Poo
Designation
Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Period
01/04/2016 TO 30/06/2016
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 April 2016 to 30 June 2016, comprising a taxable income component of 0.07 cents per unit, a tax-exempt income component of 1.15 cents per unit and a capital component of 0.89 cents per unit. Please see attached for details.
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
25/07/2016 17:00:00
Ex Date
21/07/2016

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0089
Net Rate (per share)
SGD 0.0089
Pay Date
26/08/2016
Gross Rate Status
Actual Rate

Attachments

Notice of Books Closure 2Q2016.pdf
Total size =120K

Applicable for REITs/ Business Trusts/ Stapled Securities