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
05-Feb-2015 18:12:04
Status
Replacement
Corporate Action Reference
SG150121DVOPG3A5
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 0.0178

Event Narrative

Narrative Type
Narrative Text
Additional TextReference is made to announcement made on 21 January 2015 on (i) the Notice of Book Closure Date and (ii) the application of Distribution Reinvestment Plan ("DRP") to the distribution of SGD 0.0178 per Unit for the period from 1 October 2014 to 31 December 2014.
Additional TextReference is also made to announcement made on 29 January 2015, on the issue price of new Units (at S$0.9086 per Unit) under the DRP, in respect of the Distribution.

Attached is the announcement regarding the despatch of notices of election and tax declaration forms.

Event Dates

Record Date and Time
29/01/2015 17:00:00
Ex Date
27/01/2015

Option 1-Cash Payment Details

Election Period
05/02/2015-13/02/2015
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.0178
Net Rate (Per Share)
SGD 0.0178
Pay Date
27/02/2015
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 documents for details.

Option 2-Cash Payment Details

Election Period
05/02/2015-13/02/2015
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
10
Gross Rate (Per Share)
SGD 0.0178
Net Rate (Per Share)
SGD 0.01602
Pay Date
27/02/2015
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 documents for details.

Option 3-Cash Payment Details

Election Period
05/02/2015-13/02/2015
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
17
Gross Rate (Per Share)
SGD 0.0178
Net Rate (Per Share)
SGD 0.014774
Pay Date
27/02/2015
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 documents for details.

Security Option Details

Election Period
05/02/2015-13/02/2015
New Security ISIN
SG2C57965205
New Security Name
SABANA SHARI'AH COMPLIANT REIT
Security Not Found
No

Attachments

20150205_Announcement_DespatchOfNoticesOfElection.pdf
Total size =43K

Related Announcements

Related Announcements

27/02/2015 08:12:17
29/01/2015 18:20:50
21/01/2015 19:13:39

Applicable for REITs/ Business Trusts/ Stapled Securities