Capital Distribution::Mandatory

Issuer & Securities

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

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
11-Aug-2020 07:47:19
Status
New
Corporate Action Reference
SG200811CAPDYKO3
Submitted By (Co./ Ind. Name)
Tan Wee Sin
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
2
Dividend/ Distribution Period
01/01/2020 TO 30/06/2020
Number of Days
182

Event Narrative

Narrative Type
Narrative Text
Additional Text2nd distribution for the period from 1 January 2020 to 30 June 2020.
- Please refer to the attachment.
Taxation ConditionsCapital Distribution represents a return of capital to Unitholders for Singapore income tax purposes and is therefore not subject to income tax. For Unitholders who are liable to Singapore income tax on profits from sale of Lendlease Global Commercial REIT ("LREIT") Units, the amount of Capital Distribution will be applied to reduce the cost base of their LREIT Units for Singapore income tax purposes.
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
19/08/2020 17:00:00
Ex Date
18/08/2020

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.00534
Net Rate (per share)
SGD 0.00534
Pay Date
15/09/2020
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities