REPL::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
30-Mar-2022 07:12:01
Status
Replacement
Corporate Action Reference
SG220127DVOPWUDS
Submitted By (Co./ Ind. Name)
Adrian Chui
Designation
CEO & Executive Director
Dividend/ Distribution Number
Applicable
Value
66
Dividend/ Distribution Type
Final
Financial Year End
31/12/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.00704
Dividend/ Distribution Period
01/10/2021 TO 31/12/2021
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Additional TextDistribution of 0.721 Singapore Cents per unit for the period from 1 October 2021 to 31 December 2021 comprises a taxable income component of 0.704 Singapore cents per unit, a tax-exempt income component of 0.004 Singapore cents per unit and a capital component of 0.013 Singapore cents per unit.

Please see attached for details.
Additional TextThis announcement should be read together with the General Announcement titled Issue Price of Units Pursuant to the ESR-REIT Distribution Reinvestment Plan, dated 9 February 2022 (Announcement Reference No. SG220209OTHRIRSC).
Additional TextPlease refer to the attached announcement on Despatch of Notice of Election and Tax Declaration Form.
Additional TextPlease refer to the attached announcement on the issuance and listing of new units pursuant to the DRP.

Event Dates

Record Date and Time
08/02/2022 17:00:00
Ex Date
07/02/2022

Option 1-Cash Payment Details

Election Period
17/02/2022 TO 08/03/2022
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate(%)
17
Gross Rate (Per Share)
SGD 0.00704
Net Rate (Per Share)
SGD 0.005843
Pay Date
30/03/2022
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text17% tax for unitholders as per paragraph C.6. and C.7. of the Notice of Record Date and Distribution Payment Date attached.

Option 2-Cash Payment Details

Election Period
17/02/2022 TO 08/03/2022
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate(%)
10
Gross Rate (Per Share)
SGD 0.00704
Net Rate (Per Share)
SGD 0.006336
Pay Date
30/03/2022
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text10% tax for unitholders as per paragraph C.2. of the Notice of Record Date and Distribution Payment Date attached.

Option 3-Cash Payment Details

Election Period
17/02/2022 TO 08/03/2022
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Gross
Taxable
No
Gross Rate (Per Share)
SGD 0.00704
Net Rate (Per Share)
SGD 0.00704
Pay Date
30/03/2022
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional TextNo tax for unitholders as per paragraph C.1. of the Notice of Record Date and Distribution Payment Date attached.

Security Option Details

Election Period
17/02/2022 TO 08/03/2022
New Security ISIN
SG1T70931228
New Security Name
ESR-REIT
Security Not Found
No
Fractional Disposition Method
Round down fraction to last full unit
Issue/ Reinvestment Price
SGD 0.4221
Security Credit Date
30/03/2022
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional TextPlease see attached for details.

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities