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
16-Apr-2014 20:03:22
Status
New
Corporate Action Reference
SG140416DVOP6O2F
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 0.0188
Dividend/ Distribution Period
01/01/2014-31/03/2014
Number of Days
90
Event Narrative
Narrative Type
Narrative Text
Additional Text
Sabana REIT has announced a distribution of 1.88 cents per unit in Sabana REIT for the period from 1 January 2014 to 31 March 2014 comprising wholly taxable income distribution. Please see attached for details.
Option 1-Cash Payment Details
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.0188
Net Rate (Per Share)
SGD 0.0188
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text
Sabana 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.
Taxation Conditions
Certain categories of Unitholders will receive gross distribution (i.e. no tax will be deducted from it). Please see attached.
Option 2-Cash Payment Details
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
10
Gross Rate (Per Share)
SGD 0.0188
Net Rate (Per Share)
SGD 0.01692
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text
Sabana 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.
Taxation Conditions
Tax at the reduced rate of 10% will be deducted from the distribution made to foreign non-individual Unitholders. Please see attached.
Option 3-Cash Payment Details
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
17
Gross Rate (Per Share)
SGD 0.0188
Net Rate (Per Share)
SGD 0.015604
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text
Sabana 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.
Taxation Conditions
Tax will be deducted at the prevailing corporate tax rate of 17% in certain circumstances. Please see attached.
Security Option Details
New Security ISIN
SG2C57965205
New Security Name
SABANA SHARI'AH COMPLIANT REIT
Security Not Found
No
Distribution Ratio (Additional: Old)
:
Attachments
Sabana_1QFY14_Notice_Of_BCD_and_Distribution_Payment_Date.pdf
Total size =117K
Related Announcements
Related Announcements
Applicable for REITs/ Business Trusts/ Stapled Securities