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
28-Jul-2017 20:08:53
Status
Replacement
Corporate Action Reference
SG170628DVCAQE45
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 0.0112
Dividend/ Distribution Period
01/04/2017 TO 05/07/2017
Number of Days
96

Event Narrative

Narrative Type
Narrative Text
Narrative versionFurther to the announcement dated 27 June 2017 on the advanced distribution, Frasers Logistics & Industrial Trust ("FLT") shall be paying out on 29 September 2017, the advanced distribution, for the period 1 April 2017 to 5 July 2017, of 1.84 Singapore cents per unit in FLT ("Unit") in issue on 5 July 2017 (the "Existing Units"). Unitholders of FLT with Units in their securities account as at 5.00pm on 5 July 2017 will be entitled to the advanced distribution.

This comprises:

(i) tax-exempt income component of 1.12 Singapore cents per Existing Unit; and
(ii) capital component of 0.72 Singapore cents per Existing Unit.

Please refer to the aforementioned announcement dated 27 June 2017 and the attachment for more details.
Taxation ConditionsPlease refer to the attachment on "Declaration for Singapore Tax Purposes".
Narrative versionDBS 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 units in Frasers Logistics & Industrial Trust (the "Offering"). DBS 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 (collectively, the "Joint Bookrunners"). The Joint Bookrunners for the Offering assume no responsibility for the contents of this announcement.

Event Dates

Record Date and Time
05/07/2017 17:00:00
Ex Date
03/07/2017

Option 1-Cash Payment Details

Election Period
12/07/2017 TO 17/08/2017
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.0112
Net Rate (Per Share)
SGD 0.0112
Pay Date
29/09/2017
Gross Rate Status
Actual Rate
Country of Income
Singapore

Option 2-Cash Payment Details

Election Period
12/07/2017 TO 17/08/2017
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.0112
Net Rate (Per Share)
SGD 0.0112
Pay Date
29/09/2017
Gross Rate Status
Actual Rate

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities