REPL::Cash Dividend/ Distribution::Choice

Issuer & Securities

Issuer/ Manager
FRASERS LOGISTICS & INDUSTRIAL ASSET MANAGEMENT PTE. LTD.
Security
FRASERS LOGISTICS & IND TRUST - SG1CI9000006 - BUOU

Announcement Details

Announcement Title
Cash Dividend/ Distribution with Choice
Date &Time of Broadcast
11-Dec-2017 20:29:08
Status
Replacement
Corporate Action Reference
SG171102DVCA85LE
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
30/09/2017
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0119
Dividend/ Distribution Period
06/07/2017 TO 30/09/2017
Number of Days
87

Event Narrative

Narrative Type
Narrative Text
Additional TextFurther to the announcement dated 2 November 2017, please see attached announcement on the applicable exchange rate to compute the declared distribution for the period from 6 July 2017 to 30 September 2017 to be paid on 19 December 2017.
Additional TextDBS Bank Ltd. and Citigroup Global Markets Singapore Pte. Ltd. are the joint financial advisers, global coordinators and issue managers for the initial public offering of the units in Frasers Logistics & Industrial Trust (the "Offering").
Additional TextDBS Bank Ltd., Citigroup Global Markets Singapore Pte. Ltd., Morgan Stanley Asia (Singapore) Pte., Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited are the joint bookrunners and underwriters for the Offering and assume no responsibility for the contents of this announcement.
Taxation ConditionsThe tax-exempt income distribution component is exempt from Singapore income tax in the hands of all unitholders, regardless of their nationality, corporate identity or tax residence status. No tax will be deducted from such component.
Taxation ConditionsThe capital distribution component represents a return of capital to unitholders for Singapore income tax purposes. The amount of capital distribution component will be applied to reduce the cost base of unitholders' units for Singapore income tax purposes.
Taxation ConditionsFor unitholders who are liable for Singapore income tax on profits from the sale of their units, the reduced cost base of their units will be used to calculate any taxable trading gains arising from the disposal of the units.

Event Dates

Record Date and Time
10/11/2017 17:00:00
Ex Date
08/11/2017

Option 1-Cash Payment Details

Election Period
16/11/2017 TO 01/12/2017
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.0119
Net Rate (Per Share)
SGD 0.0119
Pay Date
19/12/2017
Gross Rate Status
Actual Rate
Country of Income
Singapore

Option 2-Cash Payment Details

Election Period
16/11/2017 TO 01/12/2017
Default Option
No
Option Currency
Australian Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.0119
Net Rate (Per Share)
SGD 0.0119
Pay Date
19/12/2017
Gross Rate Status
Actual Rate
Currency Pair
AUD/SGD
Exchange Rate
0.985
Gross Rate in Option Currency
AUD 0.011722
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Narrative VersionThe actual exchange rate as at 8 December 2017 is S$1.00: A$0.9850

Attachments

Related Announcements

Related Announcements

02/11/2017 07:59:51

Applicable for REITs/ Business Trusts/ Stapled Securities