Cash Dividend/ Distribution::Mandatory

Issuer & Securities

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

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
23-Oct-2017 18:00:16
Status
New
Corporate Action Reference
SG171023DVCA8O30
Submitted By (Co./ Ind. Name)
Victor Tan Kok Mian
Designation
Executive Director and Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0119
Dividend/ Distribution Period
01/07/2017 TO 30/09/2017
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Additional TextFirst REIT has announced a distribution of 2.14 cents per unit in First REIT for the period from 1 July 2017 to 30 September 2017, comprising a taxable income component of 0.06 cents per unit, a tax-exempt income component of 1.19 cents per unit and a capital component of 0.89 cents per unit.
Taxation ConditionsThe tax-exempt component of the distribution is exempt from tax in the hands of all Unitholders. No tax will be deducted at source from this component.

Event Dates

Record Date and Time
31/10/2017 17:00:00
Ex Date
27/10/2017

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.0119
Net Rate (Per Share)
SGD 0.0119
Pay Date
29/11/2017
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities