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

Issuer & Securities

Issuer/ Manager
SABANA REAL ESTATE INVESTMENT MANAGEMENT PTE. LTD.
Security
SABANA SHARI'AH COMPLIANT REIT - SG2C57965205 - M1GU

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
24-Jul-2014 19:00:12
Status
Replacement
Corporate Action Reference
SG140716DVOPYGHW
Submitted By (Co./ Ind. Name)
Kevin Xayaraj
Designation
Chief Executive Officer and Executive Director
Dividend/ Distribution Number
Not Applicable
Declared Dividend Rate (Per Share)
SGD 0.0186
Dividend/ Distribution Period
01/04/2014-30/06/2014
Number of Days
91

Event Narrative

Narrative Type
Narrative Text
Additional TextReference is made to announcement made on 16 July 2014 on (i) the Notice of Books Closure Date and (ii) the application of Distribution Reinvestment Plan ("DRP") to the distribution of SGD 0.0186 per Unit for the period from 1 April 2014 to 30 June 2014, comprising wholly taxable income distribution.
Additional TextAttached is the announcement on the issue price of new Units pursuant to the DRP.

Event Dates

Record Date and Time
24/07/2014 17:00:00
Ex Date
22/07/2014

Security Option Details

New Security ISIN
SG2C57965205
New Security Name
SABANA SHARI'AH COMPLIANT REIT
Security Not Found
No
Distribution Ratio (Additional: Old)
:

Option 1-Cash Payment Details

Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.0186
Net Rate (Per Share)
SGD 0.0186
Pay Date
29/08/2014
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsSabana Real Estate Investment Management Pte. Ltd., as Manager of Sabana REIT, wishes to announce that the distribution reinvestment plan (the "DRP") will apply to the above distribution.

Certain categories of Unitholders will receive gross distribution (i.e. no tax will be deducted from it).

Please see attached document for details.

Option 2-Cash Payment Details

Election Period
04/08/2014-15/08/2014
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
10
Gross Rate (Per Share)
SGD 0.0186
Net Rate (Per Share)
SGD 0.01674
Pay Date
29/08/2014
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsSabana Real Estate Investment Management Pte. Ltd., as Manager of Sabana REIT, wishes to announce that the distribution reinvestment plan (the "DRP") will apply to the above distribution.

Tax at the reduced rate of 10% will be deducted from the distribution made to foreign non-individual Unitholders.

Please see attached document for details.

Option 3-Cash Payment Details

Election Period
04/08/2014-15/08/2014
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
17
Gross Rate (Per Share)
SGD 0.0186
Net Rate (Per Share)
SGD 0.015438
Pay Date
29/08/2014
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsSabana Real Estate Investment Management Pte. Ltd., as Manager of Sabana REIT, wishes to announce that the distribution reinvestment plan (the "DRP") will apply to the above distribution.

Tax will be deducted at the prevailing corporate tax rate of 17% in certain circumstances.

Please see attached document for details.

Attachments

20140724_Announcement_DRPUnitIssuePrice.pdf
Total size =25K

Related Announcements

Related Announcements

29/08/2014 17:38:51
04/08/2014 17:23:24
16/07/2014 18:20:29

Applicable for REITs/ Business Trusts/ Stapled Securities