Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
BOWSPRIT CAPITAL CORPORATION LIMITED
Security
FIRST REAL ESTATE INV TRUST - SG1U27933225 - AW9U

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
06-Nov-2019 18:56:37
Status
New
Corporate Action Reference
SG191106CAPD0HRO
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
Dividend/ Distribution Period
01/07/2019 TO 30/09/2019
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Additional TextFirst REIT has announced a distribution of 2.15 cents per unit in First REIT for the period from 1 July 2019 to 30 September 2019, comprising a taxable income component of 0.09 cents per unit, a tax-exempt income component of 1.15 cents per unit and a capital component of 0.91 cents per unit.
Taxation ConditionsThe capital component of the distribution is treated as a return of capital for Singapore income tax purposes. No tax will be deducted at source from this component.

Event Dates

Record Date and Time
14/11/2019 17:00:00
Ex Date
13/11/2019

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0091
Net Rate (per share)
SGD 0.0091
Pay Date
17/12/2019
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities