Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
LENDLEASE GLOBAL COMMERCIAL TRUST MANAGEMENT PTE. LTD.
Security
LENDLEASE GLOBAL COMMERCIAL REIT - SGXC61949712 - JYEU

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
10-Feb-2021 07:49:05
Status
New
Corporate Action Reference
SG210210DVCA5B2Z
Submitted By (Co./ Ind. Name)
Kevin Cho
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
4
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.01543
Dividend/ Distribution Period
01/07/2020 TO 31/12/2020
Number of Days
184

Event Narrative

Narrative Type
Narrative Text
Additional Text3rd distribution for the period from 1 July 2020 to 31 December 2020.
- Please refer to the attachment.
Taxation ConditionsQualifying investors and individuals (other than those who hold their units through a partnership) will generally receive pre-tax distributions. These distributions are exempt from tax in the hands of individuals unless such distributions are derived through a Singapore partnership or from the carrying on of a trade, business or profession in which case, such distributions are not exempt from tax and the individual must declare the gross distribution received as income in their Singapore tax returns.

Qualifying foreign non-individual investors and qualifying non-resident funds will receive their distributions after deduction of tax at the rate of 10%.

All other investors will receive their distributions after deduction of tax at the rate of 17%.
Additional TextSponsorship Statement:
DBS Bank Ltd. is the sole financial adviser and sole issue manager for the Initial Public Offering.
Additional TextDBS Bank Ltd. and CItigroup Global Markets Singapore Pte. Ltd. are the joint global coordinators, bookrunners and underwriters for the Initial Public Offering.

Event Dates

Record Date and Time
19/02/2021 17:00:00
Ex Date
18/02/2021

Dividend Details

Payment Type
Payment Rate in Net
Taxable
Yes
Gross Rate (Per Share)
SGD 0.01543
Net Rate (Per Share)
SGD 0.01543
Pay Date
17/03/2021
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities