REPL::Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
DASIN RETAIL TRUST MANAGEMENT PTE.LTD.
Security
DASIN RETAIL TRUST - SG1DE2000000 - CEDU

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
13-Aug-2020 19:53:01
Status
Replacement
Corporate Action Reference
SG200702CAPDK1RJ
Submitted By (Co./ Ind. Name)
Ng Mun Fai
Designation
Chief Financial Officer
Dividend/ Distribution Number
Not Applicable
Financial Year End
31/12/2020
Dividend/ Distribution Period
01/01/2020 TO 06/07/2020
Number of Days
188

Event Narrative

Narrative Type
Narrative Text
Additional TextPursuant to the launch of a private placement of new units in Dasin Retail Trust to raise gross proceeds of up to approximately S$94.0 million on 26 June 2020, Dasin Retail Trust has announced a cumulative distribution.
Additional TextThe cumulative distribution comprises a semi-annual distribution for the period from 1 January 2020 to 30 June 2020 and an advanced distribution for the period from 1 July 2020 to 6 July 2020 ("Cumulative Distribution").
Additional TextThe quantum of distribution per unit under the Cumulative Distribution is estimated to be between 2.00 Singapore cents to 2.33 Singapore cents. This amount is only an estimate based on information currently available. A further announcement on the actual quantum of the Cumulative Distribution will be made in due course.
Additional TextPlease refer to the attachment for the announcement made on 26 June 2020.
Additional TextFurther to the announcement dated 26 June 2020, Dasin Retail Trust Management Pte. Ltd., the trustee-manager of DRT (the Trustee-Manager ) is pleased to announce the actual Cumulative Distribution of 1.98 Singapore cents per unit in DRT for the period from 1 January 2020 to 6 July 2020.
Additional TextThis Cumulative Distribution comprises:
(i) the 1HFY2020 distribution of capital distribution of 1.92 Singapore cents per Unit for the period from 1 January 2020 to 30 June 2020; and
(ii) the Advanced Distribution of capital distribution of 0.06 Singapore cents per Unit for the period from 1 July 2020 to 6 July 2020.

Event Dates

Record Date and Time
06/07/2020 17:00:00
Ex Date
03/07/2020

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0198
Net Rate (per share)
SGD 0.0198
Pay Date
28/09/2020
Gross Rate Status
Actual Rate

Attachments

Related Announcements

Related Announcements

02/07/2020 18:51:50

Applicable for REITs/ Business Trusts/ Stapled Securities