Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
FRASERS LOGISTICS & COMMERCIAL ASSET MANAGEMENT PTE. LTD.
Security
FRASERS LOGISTICS & COMMERCIAL TRUST - SG1CI9000006 - BUOU

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
11-Nov-2021 07:33:21
Status
New
Corporate Action Reference
SG211111CAPDEHCO
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
30/09/2021
Dividend/ Distribution Period
03/06/2021 TO 30/09/2021
Number of Days
120

Event Narrative

Narrative Type
Narrative Text
Narrative versionDistribution of 2.57 Singapore cents per unit in FLCT ("Unit") for the period from 3 June 2021 to 30 September 2021 ("Distribution"), comprising a tax-exempt income distribution component of 1.12 Singapore cents, a capital distribution component of 0.86 Singapore cents and a taxable income distribution component of 0.59 Singapore cents. Please see attached announcement for more information.
Taxation ConditionsThe tax-exempt income distribution component is exempt from Singapore income tax in the hands of all unitholders of FLCT ("Unitholders") entitled to the Distribution ("Eligible Unitholders") regardless of their nationality, corporate identity or tax residence status. No tax will be deducted from such component.
Taxation ConditionsThe capital distribution component represents a return of capital to Eligible Unitholders for Singapore income tax purposes. The amount of the capital distribution component will be applied to reduce the cost base of Unitholders' Units for Singapore income tax purposes. For Eligible Unitholders who are liable for Singapore income tax on profits from the sale of their Units, the reduced cost base of their Units will be used to calculate any taxable trading gains arising from the disposal of the Units.
Taxation ConditionsTax will be deducted at source from the taxable income distribution component in certain circumstances. Please refer to the section on "Declaration for Singapore Tax Purposes" in the attached announcement for more information.

Event Dates

Record Date and Time
19/11/2021 17:00:00
Ex Date
18/11/2021

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0086
Net Rate (per share)
SGD 0.0086
Pay Date
16/12/2021
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities