Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
ASCENDAS FUNDS MANAGEMENT (S) LIMITED
Security
ASCENDAS REAL ESTATE INV TRUST - SG1M77906915 - A17U

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
24-Oct-2014 20:54:20
Status
New
Corporate Action Reference
SG141024CAPDA499
Submitted By (Co./ Ind. Name)
Mary Judith de Souza
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
31/03/2015
Dividend/ Distribution Period
01/04/2014-30/09/2014
Number of Days
183

Event Narrative

Narrative Type
Narrative Text
Additional TextA-REIT s distribution of 7.30 cents per Unit in Ascendas-REIT stock counter for the period from 1 April 2014 to 30 September 2014 comprising:-

(1) taxable income distribution of 7.17 cents per Unit;
(2) tax-exempt income distribution of 0.10 cents per Unit; and
(3) capital distribution of 0.03 cents per Unit.
Taxation ConditionsThe Capital Distribution is treated as a return of capital to Unitholders for Singapore income tax purpose and is therefore not subject to Singapore income tax. For Unitholders who are liable to Singapore income tax on profits from sale of Units, the amount of Capital Distribution will be applied to reduce the cost base of their Units for Singapore income tax purposes.

Event Dates

Record Date and Time
31/10/2014 17:00:00
Ex Date
29/10/2014

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0003
Net Rate (per share)
SGD 0.0003
Pay Date
28/11/2014
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities