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
07-Feb-2018 19:16:10
Status
Replacement
Corporate Action Reference
SG180122DVOPR0F0
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 0.024
Dividend/ Distribution Period
01/10/2017 TO 31/12/2017
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Narrative versionReference is made to the announcements made on 22 January 2018 on the Notice of Books Closure Date and application of a distribution reinvestment plan ("DRP") to the distribution of 2.4000 cents per Unit for the period from 1 October 2017 to 31 December 2017, and 1 February 2018 on the issue price of the new Units to be issued under DRP.
Narrative versionThe 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 31 January 2018.
Narrative versionThe Notices of Election must be received by the Unit Registrar by 5.00 p.m. on 19 February 2018, and may not be withdrawn or cancelled upon receipt. Notices of Election received after 5.00 p.m. on 19 February 2018 will not be processed. Please refer to the attached for more information.

Event Dates

Record Date and Time
31/01/2018 17:00:00
Ex Date
29/01/2018

Cash Payment Details

Election Period
07/02/2018 TO 19/02/2018
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Gross Rate (Per Share)
SGD 0.024
Net Rate (Per Share)
SGD 0.024
Pay Date
01/03/2018
Gross Rate Status
Actual Rate
Country of Income
Singapore

Security Option Details

Election Period
07/02/2018 TO 19/02/2018
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