REPL::Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
SABANA REAL ESTATE INVESTMENT MANAGEMENT PTE. LTD.
Security
SABANA INDUSTRIAL REIT - SG2C57965205 - M1GU

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
21-Mar-2022 17:41:43
Status
Replacement
Corporate Action Reference
SG220120DVOP6OZB
Submitted By (Co./ Ind. Name)
Han Yong Lee (Donald)
Designation
Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Final
Financial Year End
31/12/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0157
Dividend/ Distribution Period
01/07/2021 TO 31/12/2021
Number of Days
184

Event Narrative

Narrative Type
Narrative Text
Additional TextSabana Industrial REIT has announced a distribution of SGD0.0157 per Unit for the period from 1 July 2021 to 31 December 2021, comprising wholly taxable income distribution.
Taxation ConditionsPlease see attached for details.

Tax will be deducted at source from taxable component in certain circumstances.
Additional TextPlease see attached for details of the issue price of new Units pursuant to the DRP for the period from 1 July 2021 to 31 December 2021.
Additional TextPlease refer to the attached announcement of Despatch of Notices of Election and Tax Declaration Forms.
Additional TextPlease refer to the attached announcement on the allotment, issuance and listing of new Units under the DRP.

Event Dates

Record Date and Time
28/01/2022 17:00:00
Ex Date
27/01/2022

Option 1-Cash Payment Details

Election Period
10/02/2022 TO 25/02/2022
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
17
Gross Rate (Per Share)
SGD 0.0157
Net Rate (Per Share)
SGD 0.013031
Pay Date
21/03/2022
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsSabana Industrial REIT wishes to announce that the distribution reinvestment plan ("DRP") will apply to the above distribution.

Tax will be deducted at the prevailing corporate tax rate of 17% in certain circumstances.

Option 2-Cash Payment Details

Election Period
10/02/2022 TO 25/02/2022
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.0157
Net Rate (Per Share)
SGD 0.0157
Pay Date
21/03/2022
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsSabana Industrial REIT wishes to announce that the distribution reinvestment plan ("DRP") will apply to the above distribution.

Certain categories of Unitholders will receive gross distribution (i.e. no tax will be deducted from it).

Please see attached for details.

Option 3-Cash Payment Details

Election Period
10/02/2022 TO 25/02/2022
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Tax Rate(%)
10
Gross Rate (Per Share)
SGD 0.0157
Net Rate (Per Share)
SGD 0.01413
Pay Date
21/03/2022
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsSabana Industrial REIT wishes to announce that the distribution reinvestment plan ("DRP") will apply to the above distribution.

Tax at the rate of 10% will be deducted from the distribution made to foreign non-individual Unitholders.

Please see attached for details.

Security Option Details

Election Period
10/02/2022 TO 25/02/2022
New Security ISIN
SG2C57965205
New Security Name
SABANA INDUSTRIAL REIT
Security Not Found
No
Fractional Disposition Method
Round down fraction to last full unit
Issue/ Reinvestment Price
SGD 0.4265
Security Credit Date
21/03/2022

Attachments

Sabana REIT_2H 2021 DRP Issue Price_28 Jan 2022.pdf
Sabana REIT_2H2021_Notice of Books Closure Date and Application of DRP.pdf
Sabana_REIT _2H 2021 DRP_Despatch of NOEs_10 Feb 2022.pdf
Sabana REIT_2H 2021 Allotment Issuance and Listing of Units_21 Mar 2022.pdf
Total size =1075K

Related Announcements

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10/02/2022 17:22:39
28/01/2022 19:01:51
20/01/2022 07:53:57

Applicable for REITs/ Business Trusts/ Stapled Securities