Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
MAPLETREE NORTH ASIA COMMERCIAL TRUST MANAGEMENT LTD.
Security
MAPLETREE NORTH ASIA COMM TR - SG2F55990442 - RW0U

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
19-Feb-2020 20:54:41
Status
New
Corporate Action Reference
SG200219DVOPUE6Q
Submitted By (Co./ Ind. Name)
Wan Kwong Weng
Designation
Joint Company Secretary
Dividend/ Distribution Number
Not Applicable
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0073

Event Narrative

Narrative Type
Narrative Text
Additional TextThe quantum of Advanced Distribution per Existing Unit for the period from 1 January 2020 to the day immediately prior to the date on which the Transaction Units are issued (the "Advanced Distribution") is currently estimated to be between 1.05 Singapore cents and 1.08 Singapore cents.
Additional TextThe Advance Distribution will comprise of:

(a) a tax-exempt income component which is estimated to be between 0.320 Singapore cents and 0.330 Singapore cents; and

(b) a capital component which is estimated to be between 0.730 Singapore cents and 0.750 Singapore cents.

Please refer to the attached announcement for details.

Event Dates

Record Date and Time
27/02/2020 17:00:00
Ex Date
26/02/2020

Cash Payment Details

Election Period
04/03/2020 TO 23/03/2020
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.0073
Net Rate (Per Share)
SGD 0.0073
Pay Date
14/04/2020
Gross Rate Status
Indicative Rate

Security Option Details

Election Period
04/03/2020 TO 23/03/2020
New Security ISIN
SG2F55990442
New Security Name
MAPLETREE NORTH ASIA COMM TR
Security Not Found
No
Security Credit Date
14/04/2020

Attachments

MNACT_BCD_19Feb2020.pdf
Total size =212K

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities