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
15-Oct-2014 19:27:03
Status
New
Corporate Action Reference
SG141015DVOPIRKQ
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 0.0181

Event Narrative

Narrative Type
Narrative Text
Additional TextSabana REIT has announced a distribution of SGD 0.0181 per Unit for the period from 1 July 2014 to 30 September 2014, comprising wholly taxable income distribution.

Please see the document attached for details.

Event Dates

Record Date and Time
24/10/2014 17:00:00
Ex Date
21/10/2014

Option 1-Cash Payment Details

Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.0181
Net Rate (Per Share)
SGD 0.0181
Pay Date
28/11/2014
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 the 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 the document attached for details.

Option 2-Cash Payment Details

Election Period
03/11/2014-14/11/2014
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
10
Gross Rate (Per Share)
SGD 0.0181
Net Rate (Per Share)
SGD 0.01629
Pay Date
28/11/2014
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 the 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 the document attached for details.

Security Option Details

New Security ISIN
SG2C57965205
New Security Name
SABANA SHARI'AH COMPLIANT REIT
Security Not Found
No

Option 3-Cash Payment Details

Election Period
03/11/2014-14/11/2014
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
17
Gross Rate (Per Share)
SGD 0.0181
Net Rate (Per Share)
SGD 0.015023
Pay Date
28/11/2014
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 the 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 the document attached for details.

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities