Cash Dividend/ Distribution::Mandatory

Issuer & Securities

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

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
23-Apr-2015 18:56:13
Status
New
Corporate Action Reference
SG150423DVCAD4QC
Submitted By (Co./ Ind. Name)
Mary Judith de Souza
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
47
Dividend/ Distribution Type
Final
Financial Year End
31/03/2015
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0717
Dividend/ Distribution Period
01/10/2014 TO 31/03/2015
Number of Days
182

Event Narrative

Narrative Type
Narrative Text
Additional TextA-REIT s distribution of 7.30 cents per Unit in Ascendas-REIT stock counter for the period from 1 October 2014 to 31 March 2015 (the Distribution ) comprising:-

(1) taxable income distribution of 7.17 cents per Unit;
(2) tax-exempt income distribution of 0.10 cents per Unit; and
(3) capital distribution of 0.03 cents per Unit.
Taxation ConditionsTax will be deducted at source from the Taxable Income Distribution in certain circumstances.
Taxation Conditions(a) zero tax for unitholders as per paragraph 1 of the Notice of Books Closure and Distribution Payment Date attached.
(b) 10% tax for unitholders as per paragraph 2 of the Notice of Books Closure and Distribution Payment Date attached.
(c) 17% tax for unitholders as per paragraph 6 of the Notice of Books Closure and Distribution Payment Date attached.

Please see attached details.

Event Dates

Record Date and Time
04/05/2015 17:00:00
Ex Date
29/04/2015

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Gross Rate (Per Share)
SGD 0.0717
Net Rate (Per Share)
SGD 0.0717
Pay Date
29/05/2015
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities