REPL::Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
SABANA REAL ESTATE INVESTMENT MANAGEMENT PTE. LTD.
Security
SABANA INDUSTRIAL REIT - SG2C57965205 - M1GU

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
08-Aug-2022 17:38:14
Status
Replacement
Corporate Action Reference
SG220720DVOPWDCQ
Submitted By (Co./ Ind. Name)
Han Yong Lee (Donald)
Designation
Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Interim
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0145
Dividend/ Distribution Period
01/01/2022 TO 30/06/2022
Number of Days
181

Event Narrative

Narrative Type
Narrative Text
Additional TextDistribution of SGD0.0159 per unit in Sabana Industrial REIT for the period from 1 January 2022 to 30 June 2022, comprising taxable income distribution of SGD0.0145 per unit and tax-exempt income distribution of SGD0.0014 per unit.

Please see attached for details.
Additional TextPlease see attached for details of the issue price of new Units pursuant to the DRP for the period from 1 January 2022 to 30 June 2022.
Additional TextPlease refer to the attached for details of Despatch of Notices of Election and Tax Declaration Forms.

Event Dates

Record Date and Time
28/07/2022 17:00:00
Ex Date
27/07/2022

Option 1-Cash Payment Details

Election Period
08/08/2022 TO 24/08/2022
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate(%)
17
Gross Rate (Per Share)
SGD 0.0145
Net Rate (Per Share)
SGD 0.012035
Pay Date
15/09/2022
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsSabana Industrial REIT wishes to announce that the distribution reinvestment plan ("DRP") will apply to the above distribution.

Tax will be deducted at the prevailing corporate tax rate of 17% in certain circumstances.

Option 2-Cash Payment Details

Election Period
08/08/2022 TO 24/08/2022
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.0145
Net Rate (Per Share)
SGD 0.0145
Pay Date
15/09/2022
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsSabana Industrial REIT wishes to announce that the distribution reinvestment plan ("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 for details.

Option 3-Cash Payment Details

Election Period
08/08/2022 TO 24/08/2022
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
10
Gross Rate (Per Share)
SGD 0.0145
Net Rate (Per Share)
SGD 0.01305
Pay Date
15/09/2022
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsSabana Industrial REIT wishes to announce that the distribution reinvestment plan ("DRP") will apply to the above distribution.

Tax at the rate of 10% will be deducted from the distribution made to foreign non-individual Unitholders.

Please see attached for details.

Security Option Details

Election Period
08/08/2022 TO 24/08/2022
New Security ISIN
SG2C57965205
New Security Name
SABANA INDUSTRIAL REIT
Security Not Found
No
Fractional Disposition Method
Round down fraction to last full unit
Issue/ Reinvestment Price
SGD 0.4234
Security Credit Date
15/09/2022

Attachments

Sabana REIT_1H2022_Notice of Books Closure Date and Application of DRP.pdf
Sabana REIT_1H 2022 DRP Issue Price_28 Jul 2022.pdf
Sabana_REIT_1H 2022 DRP_Despatch of NOEs_8 Aug 2022.pdf
Total size =644K

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Applicable for REITs/ Business Trusts/ Stapled Securities