Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
ASCENDAS FUNDS MANAGEMENT (S) LIMITED
Security
ASCENDAS REAL ESTATE INV TRUST - SG1M77906915 - A17U

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
23-Apr-2018 17:08:49
Status
New
Corporate Action Reference
SG180423CAPD26WW
Submitted By (Co./ Ind. Name)
Mary Judith de Souza
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
56
Financial Year End
31/03/2018
Dividend/ Distribution Period
01/10/2017 TO 31/03/2018
Number of Days
182

Event Narrative

Narrative Type
Narrative Text
Additional TextAscendas Reit's distribution of 7.880 cents per Unit in Ascendas Reit stock counter for the period from 1 October 2017 to 31 March 2018 comprising:-

(1) taxable income distribution of 7.324 cents per Unit; and
(2) capital distribution of 0.556 cents per Unit.
Taxation ConditionsThe Capital Distribution is treated as a return of capital to Unitholders for Singapore income tax purpose and is therefore not subject to Singapore income tax. For Unitholders who are liable to Singapore income tax on profits from sale of Units, the amount of Capital Distribution will be applied to reduce the cost base of their Units for Singapore income tax purposes.
Additional TextPlease refer to the attachment for details.

Event Dates

Record Date and Time
02/05/2018 17:00:00
Ex Date
27/04/2018

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.00556
Net Rate (per share)
SGD 0.00556
Pay Date
24/05/2018
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities