General Announcement::Payment of management fee by way of issue of units in First Real Estate Investment Trust

Issuer & Securities

Issuer/ Manager
BOWSPRIT CAPITAL CORPORATION LIMITED
Securities
FIRST REAL ESTATE INV TRUST - SG1U27933225 - AW9U
FIRST REIT S$60M5.68% PERPSEC - SG73F5000007 - 4I3B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
18-May-2020 18:04:00
Status
New
Announcement Sub Title
Payment of management fee by way of issue of units in First Real Estate Investment Trust
Announcement Reference
SG200518OTHRECAR
Submitted By (Co./ Ind. Name)
Victor Tan Kok Mian
Designation
Executive Director and CEO, Bowsprit Capital Corporation Limited (as manager of First REIT)
Description (Please provide a detailed description of the event in the box below)
Payment of 88% of the Performance Fee component of the Manager's management fee (as defined in the Trust Deed) for the period from 1 January 2019 to 31 March 2019 by way of issue of units in First Real Estate Investment Trust.

Please see attachment.

Attachments

Payment_of_Management_Fee_Q1_2020_-_Performance_fee_-_18_May_2020.pdf
Total size =69K