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
06-Aug-2019 18:35:08
Status
Replacement
Corporate Action Reference
SG190722DVOPPWZM
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
30/09/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.004995
Dividend/ Distribution Period
01/04/2019 TO 30/06/2019
Number of Days
91

Event Narrative

Narrative Type
Narrative Text
Additional TextReference is made to the announcements made on 22 July 2019 on the Notice of Books Closure Date and application of a distribution reinvestment plan ("DRP") for the distribution of 2.4 cents per Unit for the period from 1 April 2019 to 30 June 2019, and 31 July 2019 on the issue price of the new Units to be issued under DRP.
Additional TextThe 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 30 July 2019.
Additional TextThe Notices of Election must be received by the Unit Registrar by 5.00 p.m. on 19 August 2019 and may not be withdrawn or cancelled upon receipt. Notices of Election received after 5.00 p.m. on 19 August 2019 will not be processed. Please refer to the attached announcement for more information.

Event Dates

Record Date and Time
30/07/2019 17:00:00
Ex Date
29/07/2019

Cash Payment Details

Election Period
06/08/2019 TO 19/08/2019
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.004995
Net Rate (Per Share)
SGD 0.004995
Pay Date
29/08/2019
Gross Rate Status
Actual Rate

Security Option Details

Election Period
06/08/2019 TO 19/08/2019
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