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
06-May-2020 20:12:16
Status
New
Corporate Action Reference
SG200506DVCA39RN
Submitted By (Co./ Ind. Name)
Victor Tan Kok Mian
Designation
Executive Director and CEO, Bowsprit Capital Corporation Limited (as manager of First REIT)
Dividend/ Distribution Number
Not Applicable
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0102
Dividend/ Distribution Period
01/01/2020 TO 31/03/2020
Number of Days
91

Event Narrative

Narrative Type
Narrative Text
Additional TextFirst REIT has announced a distribution of 1.86 cents per unit in First REIT for the period from 1 January 2020 to 31 March 2020, comprising a taxable income component of 0.07 cents per unit, a
tax-exempt income component of 1.02 cents per unit and a capital component of 0.77 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
14/05/2020 17:00:00
Ex Date
13/05/2020

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.0102
Net Rate (Per Share)
SGD 0.0102
Pay Date
18/06/2020
Gross Rate Status
Actual Rate

Attachments

First_REIT_-_Notice_of_Record_Date_for_1Q2020.pdf
Total size =134K

Applicable for REITs/ Business Trusts/ Stapled Securities