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
05-May-2016 17:19:47
Status
New
Corporate Action Reference
SG160505DVCATHCU
Submitted By (Co./ Ind. Name)
Mary Judith de Souza
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
50
Dividend/ Distribution Type
Final
Financial Year End
31/03/2016
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.00152
Dividend/ Distribution Period
18/12/2015 TO 31/03/2016
Number of Days
105

Event Narrative

Narrative Type
Narrative Text
Additional TextEstimated distribution of 4.296 cents per Unit for the Units trading under the main Ascendas REIT counter for the period from 18 December 2015 to 31 March 2016.
Additional TextEstimated distribution of 4.296 cents per Unit trading under the main Ascendas REIT counter comprises a taxable income component of 4.052 cents per Unit, a tax-exempt income component of 0.152 cents per Unit and a capital component of 0.092 cents per Unit.
Additional TextPlease refer to attached announcement for details.
Taxation ConditionsThe tax-exempt income distribution is exempt from tax in the hands of all Unitholders, regardless of their nationality, corporate identity or tax residence status. Unitholders are not entitled to tax credits for any taxes paid by the trustee of A-REIT on the income of A-REIT against their Singapore income tax liability.

Event Dates

Record Date and Time
13/05/2016 17:00:00
Ex Date
11/05/2016

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.00152
Net Rate (Per Share)
SGD 0.00152
Pay Date
07/06/2016
Gross Rate Status
Indicative Rate

Attachments

Related Announcements

Related Announcements

13/05/2016 17:33:33

Applicable for REITs/ Business Trusts/ Stapled Securities