Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
BOWSPRIT CAPITAL CORPORATION LIMITED
Security
FIRST REAL ESTATE INV TRUST - SG1U27933225 - AW9U

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
14-Apr-2014 17:23:51
Status
New
Corporate Action Reference
SG140414CAPDNYG2
Submitted By (Co./ Ind. Name)
Dr Ronnie Tan Keh Poo
Designation
Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Period
01/01/2014-31/03/2014
Number of Days
90

Event Narrative

Narrative Type
Narrative Text
Additional TextFirst REIT has announced a distribution of 1.99 cents per unit in First REIT for the period from 1 January 2014 to 31 March 2014, comprising a taxable income component of 0.08 cent per unit, a tax-exempt income component of 1.28 cents per unit and a capital component of 0.63 cent per unit. Please see attached for details.
Taxation ConditionsThe capital component of the distribution is treated as a return of capital for Singapore income tax purposes. No tax will be deducted at source from this component.

Event Dates

Record Date and Time
23/04/2014 17:00:00
Ex Date
21/04/2014

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0063
Net Rate (per share)
SGD 0.0063
Pay Date
29/05/2014
Gross Rate Status
Actual Rate

Attachments

First_REIT_Notice_of_BCD_and_Application_of_DRP_for_1Q2014_Announcement.pdf
Total size =100K

Related Announcements

Related Announcements

29/05/2014 20:00:05

Applicable for REITs/ Business Trusts/ Stapled Securities