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
19-Jan-2016 18:26:55
Status
New
Corporate Action Reference
SG160119DVCAR6M6
Submitted By (Co./ Ind. Name)
Dr Ronnie Tan Keh Poo
Designation
Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.011
Dividend/ Distribution Period
01/10/2015 TO 31/12/2015
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Additional TextFirst REIT has announced a distribution of 2.09 cents per unit in First REIT for the period from 1 October 2015 to 31 December 2015, comprising a taxable income component of 0.08 cents per Unit, a tax-exempt income component of 1.10 cents per Unit and a capital component of 0.91 cents per Unit. Please see attached for details.
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
27/01/2016 17:00:00
Ex Date
25/01/2016

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.011
Net Rate (Per Share)
SGD 0.011
Pay Date
29/02/2016
Gross Rate Status
Actual Rate

Attachments

First REIT Notice of BCD and Application of DRP for 4Q2015 Announcement.pdf
Total size =201K

Applicable for REITs/ Business Trusts/ Stapled Securities