REPL::Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
FRASERS LOGISTICS & INDUSTRIAL ASSET MANAGEMENT PTE. LTD.
Security
FRASERS LOGISTICS & IND TRUST - SG1CI9000006 - BUOU

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
19-Jun-2018 18:58:05
Status
Replacement
Corporate Action Reference
SG180507CAPDE3ME
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
30/09/2018
Dividend/ Distribution Period
01/10/2017 TO 31/03/2018
Number of Days
182

Event Narrative

Narrative Type
Narrative Text
Additional TextFurther to the announcement dated 7 May 2018, please see attached announcement on the applicable exchange rate to compute the declared distribution for the period from 1 October 2017 to 31 March 2018 to be paid on 26 June 2018.
Additional TextDBS Bank Ltd and Citigroup Global Markets Singapore Pte. Ltd. are the joint financial advisers, global coordinators and issue managers for the initial public offering of the units in Frasers Logistics & Industrial Trust (the "Offering").
Additional TextDBS Bank Ltd., Citigroup Global Markets Singapore Pte. Ltd., Morgan Stanley Asia (Singapore) Pte., Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited are the joint bookrunners and underwriters for the Offering and assume no responsibility for the contents of this announcement.
Taxation ConditionsThe tax-exempt income distribution component is exempt from Singapore income tax in the hands of all unitholders, regardless of their nationality, corporate identity or tax residence status. No tax will be deducted from such component.
Taxation ConditionsThe capital distribution component represents a return capital to unitholders for Singapore income tax purposes. The amount of capital distribution component will be applied to reduce the cost base of unitholders' units for Singapore income tax purposes.
Taxation ConditionsFor unitholders who are liable for Singapore income tax on profits from the sale of their units, the reduced cost base of their units will be used to calculate any taxable trading gains arising from the disposal of the units.

Event Dates

Record Date and Time
18/05/2018 17:00:00
Ex Date
16/05/2018

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0105
Net Rate (per share)
SGD 0.0105
Pay Date
26/06/2018
Gross Rate Status
Actual Rate

Attachments

Related Announcements

Related Announcements

07/05/2018 19:52:28

Applicable for REITs/ Business Trusts/ Stapled Securities