REPL::Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
FRASERS COMMERCIAL ASSET MANAGEMENT LTD.
Security
FRASERS COMMERCIAL TRUST - SG2C81967185 - ND8U

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
08-Nov-2018 17:29:27
Status
Replacement
Corporate Action Reference
SG181019DVOPE1QF
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
30/09/2018
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.00573
Dividend/ Distribution Period
01/07/2018 TO 30/09/2018
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Additional TextReference is made to the announcements made on 19 October 2018 on the Notice of Books Closure Date and application of a distribution reinvestment plan ("DRP") for the distribution of 2.4 cents per Unit for the period from 1 July 2018 to 30 September 2018, and 31 October 2018 on the issue price of the new Units to be issued under DRP.
Additional TextThe Notices of Election in respect of the DRP have today been despatched to all eligible unitholders of Frasers Commercial Trust recorded in the Depository Register as at 5.00 p.m. on 30 October 2018.
Additional TextThe Notices of Election must be received by the Unit Registrar by 5.00 p.m. on 19 November 2018, and may not be withdrawn or cancelled upon receipt. Notices of Election received after 5.00 p.m. on 19 November 2018 will not be processed. Please refer to the attached announcement for more information.

Event Dates

Record Date and Time
30/10/2018 17:00:00
Ex Date
26/10/2018

Cash Payment Details

Election Period
08/11/2018 TO 19/11/2018
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.00573
Net Rate (Per Share)
SGD 0.00573
Pay Date
29/11/2018
Gross Rate Status
Actual Rate

Security Option Details

Election Period
08/11/2018 TO 19/11/2018
New Security ISIN
SG2C81967185
New Security Name
FRASERS COMMERCIAL TRUST
Security Not Found
No
Fractional Disposition Method
Fractional Part for Cash

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities