Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
FRASERS LOGISTICS & INDUSTRIAL ASSET MANAGEMENT PTE. LTD.
Security
FRASERS LOGISTICS & IND TRUST - SG1CI9000006 - BUOU

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
30-Apr-2020 07:27:38
Status
New
Corporate Action Reference
SG200430CAPDTIA1
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
30/09/2020
Dividend/ Distribution Period
01/10/2019 TO 14/04/2020
Number of Days
197

Event Narrative

Narrative Type
Narrative Text
Narrative versionClean-up Distribution of 3.73 Singapore cents per FLCT Unit for the period from 1 October 2019 up to 14 April 2020, comprising of a tax-exempt income component of the distribution of 1.87 Singapore cents and a capital component of the distribution of 1.86 Singapore cents. Please see attached announcement for more information.
Taxation ConditionsThe tax-exempt income component of the distribution is exempt from Singapore income tax in the hands of all unitholders of FLCT entitled to the Clean-Up Distribution ("Eligible Unitholders") regardless of their nationality, corporate identity or tax residence status. No tax will be deducted from such component.
Taxation ConditionsThe capital component of the distribution represents a return of capital to Eligible Unitholders for Singapore income tax purposes. The amount of the Capital Distribution will be applied to reduce the cost base of unitholders' Units for Singapore income tax purposes. For Eligible Unitholders who are liable for Singapore income tax on profits from the sale of their Units, the reduced cost base of their Units will be used to calculate any taxable trading gains arising from the disposal of the Units.

Event Dates

Record Date and Time
14/04/2020 17:00:00
Ex Date
13/04/2020

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0186
Net Rate (per share)
SGD 0.0186
Pay Date
26/06/2020
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities