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

Issuer & Securities

Issuer/ Manager
FRASERS COMMERCIAL ASSET MANAGEMENT LTD.
Security
FRASERS COMMERCIAL TRUST - SG2C81967185 - ND8U

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
03-May-2019 19:06:52
Status
Replacement
Corporate Action Reference
SG190423DVOP8DQP
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
30/09/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.006095
Dividend/ Distribution Period
01/01/2019 TO 31/03/2019
Number of Days
90

Event Narrative

Narrative Type
Narrative Text
Additional TextReference is made to the announcement made on 23 April 2019 on the Notice of Books Closure Date and application of Distribution Reinvestment Plan ("DRP") for the distribution of 2.4 cents per unit ("Unit") for the period from 1 January 2019 to 31 March 2019.
Additional TextThe issue price of the new Units to be issued under the DRP is S$1.4551 per Unit. Please refer to the attached for more information.
Taxation ConditionsThe tax-exempt income component of the distribution is exempt from tax in the hands of all Unitholders. No tax will be deducted at source from this component of the distribution.

Event Dates

Record Date and Time
02/05/2019 17:00:00
Ex Date
30/04/2019

Cash Payment Details

Election Period
08/05/2019 TO 17/05/2019
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.006095
Net Rate (Per Share)
SGD 0.006095
Pay Date
30/05/2019
Gross Rate Status
Actual Rate

Security Option Details

Election Period
08/05/2019 TO 17/05/2019
New Security ISIN
SG2C81967185
New Security Name
FRASERS COMMERCIAL TRUST
Security Not Found
No
Fractional Disposition Method
Fractional Part for Cash

Attachments

FCOT_DRP unit issue price announcement.pdf
Total size =44K

Related Announcements

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29/05/2019 19:35:28
08/05/2019 19:00:37
23/04/2019 07:21:17

Applicable for REITs/ Business Trusts/ Stapled Securities