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
06-May-2020 20:13:24
Status
New
Corporate Action Reference
SG200506CAPD3SPZ
Submitted By (Co./ Ind. Name)
Victor Tan Kok Mian
Designation
Executive Director and CEO, Bowsprit Capital Corporation Limited (as manager of First REIT)
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Period
01/01/2020 TO 31/03/2020
Number of Days
91

Event Narrative

Narrative Type
Narrative Text
Additional TextFirst REIT has announced a distribution of 1.86 cents per unit in First REIT for the period from 1 January 2020 to 31 March 2020, comprising a taxable income component of 0.07 cents per unit, a
tax-exempt income component of 1.02 cents per unit and a capital component of 0.77 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
14/05/2020 17:00:00
Ex Date
13/05/2020

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0077
Net Rate (per share)
SGD 0.0077
Pay Date
18/06/2020
Gross Rate Status
Actual Rate

Attachments

First_REIT_-_Notice_of_Record_Date_for_1Q2020.pdf
Total size =134K

Applicable for REITs/ Business Trusts/ Stapled Securities