REPL::Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
FRASERS CENTREPOINT ASSET MANAGEMENT (COMMERCIAL) LTD.
Security
FRASERS COMMERCIAL TRUST - SG2C81967185 - ND8U

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
08-Nov-2016 18:24:20
Status
Replacement
Corporate Action Reference
SG161020DVOP16KR
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
30/09/2016
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.024531
Dividend/ Distribution Period
01/07/2016 TO 30/09/2016
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Additional TextReference is made to the announcements made on 20 October 2016 on the Notice of Book Closure Date and implementation of the Distribution Reinvestment Plan ("DRP") for the distribution of 2.4531 cents per Unit for the period from 1 July 2016 to 30 September 2016 and on 2 November 2016 on the issue price of the new Units to be issued under the DRP.
Additional TextThe Notices of Election in connection with the DRP have today been despatched to all eligible unitholders of Frasers Commercial Trust in the Depository Register as at 5.00 p.m. on 1 November 2016.
Additional TextThe Notices of Election must be received by the Unit Registrar by 5.00 p.m. on 17 November 2016, and may not be withdrawn or cancelled upon receipt. Notices of Election received after 5.00 p.m. on 17 November 2016 will not be processed. Please refer to the attached for more information.

Event Dates

Record Date and Time
01/11/2016 17:00:00
Ex Date
28/10/2016

Cash Payment Details

Election Period
08/11/2016 TO 17/11/2016
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Gross Rate (Per Share)
SGD 0.024531
Net Rate (Per Share)
SGD 0.024531
Pay Date
29/11/2016
Gross Rate Status
Actual Rate

Security Option Details

Election Period
08/11/2016 TO 17/11/2016
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