Scrip Election/ Distribution/ DRP::Choice
Issuer & Securities
Issuer/ Manager
SABANA REAL ESTATE INVESTMENT MANAGEMENT PTE. LTD.
Security
SABANA INDUSTRIAL REIT - SG2C57965205 - M1GU
Announcement Details
Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
23-Jan-2024 17:45:34
Status
New
Corporate Action Reference
SG240123DVOPFPJ6
Submitted By (Co./ Ind. Name)
Han Yong Lee (Donald)
Designation
Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Final
Financial Year End
31/12/2023
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0115
Dividend/ Distribution Period
01/07/2023 TO 31/12/2023
Number of Days
184
Event Narrative
Narrative Type
Narrative Text
Additional Text
Sabana Industrial REIT has announced a distribution of SGD0.0115 per Unit for the period from 1 July 2023 to 31 December 2023, comprising wholly taxable income distribution.
Taxation Conditions
Please see attached for details.
Tax will be deducted at source from taxable component in certain circumstances.
Event Dates
Record Date
31/01/2024
Ex Date
30/01/2024
Option 1-Cash Payment Details
Election Period
09/02/2024 TO 27/02/2024
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
17
Gross Rate (Per Share)
SGD 0.0115
Net Rate (Per Share)
SGD 0.009545
Pay Date
20/03/2024
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation Conditions
Sabana Industrial REIT wishes to announce that the distribution reinvestment plan ("DRP") will apply to the above distribution.
Tax will be deducted at the prevailing corporate tax rate of 17% in certain circumstances.
Option 2-Cash Payment Details
Election Period
09/02/2024 TO 27/02/2024
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.0115
Net Rate (Per Share)
SGD 0.0115
Pay Date
20/03/2024
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation Conditions
Sabana Industrial REIT wishes to announce that the distribution reinvestment plan ("DRP") will apply to the above distribution.
Certain categories of Unitholders will receive gross distribution (ie. no tax will be deducted from it).
Please see attached for details.
Option 3-Cash Payment Details
Election Period
09/02/2024 TO 27/02/2024
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
10
Gross Rate (Per Share)
SGD 0.0115
Net Rate (Per Share)
SGD 0.01035
Pay Date
20/03/2024
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation Conditions
Sabana Industrial REIT wishes to announce that the distribution reinvestment plan ("DRP") will apply to the above distribution.
Tax at the rate of 10% will be deducted from the distribution made to foreign non-individual Unitholders.
Please see attached for details.
Security Option Details
Election Period
09/02/2024 TO 27/02/2024
New Security ISIN
SG2C57965205
New Security Name
SABANA INDUSTRIAL REIT
Security Not Found
No
Attachments
Announcement DRP.pdf
Total size =797K
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31/01/2024 19:12:42
Applicable for REITs/ Business Trusts/ Stapled Securities