Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
ESR FUNDS MANAGEMENT (S) LIMITED
Security
ESR-REIT - SG1T70931228 - J91U

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
24-Apr-2019 06:31:26
Status
New
Corporate Action Reference
SG190424DVOPSJIQ
Submitted By (Co./ Ind. Name)
Adrian Chui
Designation
CEO & Executive Director
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.01007
Dividend/ Distribution Period
01/01/2019 TO 31/03/2019
Number of Days
90

Event Narrative

Narrative Type
Narrative Text
Additional TextDRP will apply to the distribution of 1.007 cents per unit for ESR-REIT units for the period from 1 January 2019 to 31 March 2019 comprising distributions from the following:
- Taxable income distribution - 0.942 cents per unit
- Other gains distribution - 0.065 cents per unit

Event Dates

Record Date and Time
06/05/2019 17:00:00
Ex Date
03/05/2019

Option 1-Cash Payment Details

Election Period
09/05/2019 TO 24/05/2019
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
No
Gross Rate (Per Share)
SGD 0.01007
Net Rate (Per Share)
SGD 0.01007
Pay Date
10/06/2019
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text(a) 10% tax for unitholders as per paragraph B.2. of the Notice of Books Closure and Distribution Payment Date attached.
(b) Zero tax for other gains

Please see attached details.

Option 2-Cash Payment Details

Election Period
09/05/2019 TO 24/05/2019
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Gross Rate (Per Share)
SGD 0.01007
Net Rate (Per Share)
SGD 0.01007
Pay Date
10/06/2019
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text(a) 17% tax for unitholders as per paragraph B.6. and B.7. of the Notice of Books Closure and Distribution Payment Date attached.
(b) Zero tax for other gains distribution.

Please see attached details.

Option 3-Cash Payment Details

Election Period
09/05/2019 TO 24/05/2019
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Gross
Taxable
Yes
Gross Rate (Per Share)
SGD 0.01007
Net Rate (Per Share)
SGD 0.01007
Pay Date
10/06/2019
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text(a) Zero tax for unitholders as per paragraph B.1. of the Notice of Books Closure and Distribution Payment Date attached.
(b) Zero tax for other gains distribution.

Please see attached details.

Security Option Details

Election Period
09/05/2019 TO 24/05/2019
New Security ISIN
SG1T70931228
New Security Name
ESR-REIT
Security Not Found
No
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional TextPlease see attached details.

Attachments

Related Announcements

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02/05/2019 19:14:31

Applicable for REITs/ Business Trusts/ Stapled Securities