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
13-Oct-2015 21:40:53
Status
New
Corporate Action Reference
SG151013CAPDC8VJ
Submitted By (Co./ Ind. Name)
Dr Ronnie Tan Keh Poo
Designation
Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Period
01/07/2015 TO 30/09/2015
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Additional TextFirst REIT has announced a distribution of 2.08 cents per unit in First REIT for the period from 1 July 2015 to 30 September 2015, comprising a taxable income component of 0.08 cents per unit, a tax-exempt income component of 1.09 cents per Unit and a capital component of 0.91 cents per Unit. Please see attached for details.
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
22/10/2015 17:00:00
Ex Date
20/10/2015

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0091
Net Rate (per share)
SGD 0.0091
Pay Date
27/11/2015
Gross Rate Status
Actual Rate

Attachments

First REIT Notice of BCD and Application of DRP for 3Q2015 Announcement.pdf
Total size =200K

Applicable for REITs/ Business Trusts/ Stapled Securities