- Narrative Type
| - Narrative Text
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| Additional Text | 1st distribution for the period from 2 October 2019 to 31 December 2019.
- Please refer to the attachment. |
| Taxation Conditions | Qualifying investors and individuals (other than those who hold their units through a partnership) will generally receive pre-tax distributions. These distributions are exempt from tax in the hands of individuals unless such distributions are derived through a Singapore partnership or from the carrying on of a trade, business or profession. Qualifying foreign non-individual investors and qualifying non-resident funds will receive their distributions after deduction of tax at the rate of 10%.
All other investors will receive their distributions after deduction of tax at the rate of 17%. |
| Additional Text | Sponsorship Statement:
DBS Bank Ltd. is the sole financial adviser and sole issue manager for the Initial Public Offering. |
| Additional Text | DBS Bank Ltd. and Citigroup Global Markets Singapore Pte. Ltd. are the joint global coordinators, bookrunners and underwriters for the Initial Public Offering. |