Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
BOWSPRIT CAPITAL CORPORATION LIMITED
Security
FIRST REAL ESTATE INV TRUST - SG1U27933225 - AW9U

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
17-Jan-2018 20:40:31
Status
New
Corporate Action Reference
SG180117CAPDP7UG
Submitted By (Co./ Ind. Name)
Victor Tan Kok Mian
Designation
Executive Director and Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Period
01/10/2017 TO 31/12/2017
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Additional TextFirst REIT has announced a distribution of 2.15 cents per unit in First REIT for the period from 1 October 2017 to 31 December 2017, comprising a taxable income component of 0.08 cents per unit, a tax-exempt income component of 1.12 cents per unit and a capital component of 0.95 cents per unit.
Taxation ConditionsThe capital component of the distribution is treated as a return of capital for Singapore income tax purposes. No tax will be deducted at source from this component.

Event Dates

Record Date and Time
25/01/2018 17:00:00
Ex Date
23/01/2018

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0095
Net Rate (per share)
SGD 0.0095
Pay Date
28/02/2018
Gross Rate Status
Actual Rate

Attachments

First REIT Notice of BCD and Application of DRP for 4Q2017.pdf
Total size =263K

Applicable for REITs/ Business Trusts/ Stapled Securities