- Narrative Type
- Narrative Text
|Additional Text||Distribution of 1.84 Singapore cents per unit in Frasers Logistics & Industrial Trust for the financial period ended 30 September 2016.|
Please see attached for more information.
|Additional Text||DBS Bank Ltd. ("DBS") and Citigroup Global Markets Singapore Pte. Ltd. ("Citigroup") are the joint financial advisers, global coordinators and issue managers for the initial public offering of units in Frasers Logistics & Industrial Trust ("Offering").|
|Additional Text||DBS Bank Ltd, Citigroup, Morgan Stanley Asia (Singapore) Pte., Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited are the joint Bookrunners and Underwriters for the Offering, and collectively assume no responsibility for the contents of this announcement.|
|Taxation Conditions||The Capital Distribution represents a return of capital to unitholders for Singapore income tax purposes. The amount of Capital Distribution will be applied to reduce the cost base of their Units for Singapore income tax purposes.|
|Taxation Conditions||For unitholders who are liable to Singapore income tax on profits from the sale of their Units, the reduced cost base of their Units will be used to calculate any taxable trading gains arising from the disposal of the Units.|