WD::Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
ASCENDAS FUNDS MANAGEMENT (S) LIMITED
Security
ASCENDAS REAL ESTATE INV TRUST - SG1M77906915 - A17U

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
09-May-2016 17:36:19
Status
Withdraw
Corporate Action Reference
SG160505CAPDL0ZB
Submitted By (Co./ Ind. Name)
Mary Judith de Souza
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
50
Financial Year End
31/03/2016
Dividend/ Distribution Period
01/03/2016 TO 31/03/2016
Number of Days
31

Event Narrative

Narrative Type
Narrative Text
Additional TextEstimated distribution of 1.191 cents per Unit for the Units trading under the temporary Ascendas REIT A counter for the period from 1 March 2016 to 31 March 2016.
Additional TextEstimated distribution of 1.191 cents per Unit trading under the temporary Ascendas REIT A counter comprises a taxable income component of 1.136 cents per Unit, a tax-exempt income component of 0.049 cents per Unit and a capital component of 0.006 cents per Unit.
Additional TextUnits trading under the main Ascendas REIT counter and the Units trading under the temporary Ascendas REIT A counter will be aggregated and traded under the existing Ascendas REIT main stock counter on Wednesday, 11 May 2016.
Additional TextPlease refer to attached announcement for details.
Taxation ConditionsThe capital distribution is treated as a return of capital to unitholders for Singapore income tax purpose and is therefore not subject to Singapore income tax. For unitholders who are liable to Singapore income tax on profits from sale of units, the amount of capital distribution will be applied to reduce the cost base of their units for Singapore income tax purposes.

Event Dates

Record Date and Time
13/05/2016 17:00:00
Ex Date
11/05/2016

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.00006
Net Rate (per share)
SGD 0.00006
Pay Date
07/06/2016
Gross Rate Status
Indicative Rate

Reason(s) for Withdrawal

Reason(s) for Withdrawal
A replacement announcement will be released under Ascendas REIT A counter.

Attachments

Related Announcements

Related Announcements

05/05/2016 17:30:44

Applicable for REITs/ Business Trusts/ Stapled Securities