Cash Dividend/ Distribution::Mandatory

Issuer & Securities

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

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
29-Jan-2020 19:19:26
Status
New
Corporate Action Reference
SG200129DVCA081L
Submitted By (Co./ Ind. Name)
Victor Tan Kok Mian
Designation
Executive Director and CEO, Bowsprit Capital Corporation Limited (as manager of First REIT)
Dividend/ Distribution Number
Not Applicable
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0115
Dividend/ Distribution Period
01/10/2019 TO 31/12/2019
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Additional TextFirst REIT has announced a distribution of 2.15 cents per unit in First REIT for the period from 1 October 2019 to 31 December 2019, comprising a taxable income component of 0.09 cents per unit, a tax-exempt income component of 1.15 cents per unit and a capital component of 0.91 cents per unit.
Taxation ConditionsThe tax-exempt component of the distribution is exempt from tax in the hands of all Unitholders. No tax will be deducted at source from this component.

Event Dates

Record Date and Time
06/02/2020 17:00:00
Ex Date
05/02/2020

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.0115
Net Rate (Per Share)
SGD 0.0115
Pay Date
13/03/2020
Gross Rate Status
Actual Rate

Attachments

First_REIT_Notice_of_BCD_for_4Q2019.pdf
Total size =134K

Applicable for REITs/ Business Trusts/ Stapled Securities