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
29-Jan-2020 19:21:05
Status
New
Corporate Action Reference
SG200129CAPDVGMJ
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
01/10/2019 TO 31/12/2019
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 October 2019 to 31 December 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.
Additional TextThe 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
06/02/2020 17:00:00
Ex Date
05/02/2020

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
13/03/2020
Gross Rate Status
Actual Rate

Attachments

First_REIT_Notice_of_BCD_for_4Q2019.pdf
Total size =134K

Applicable for REITs/ Business Trusts/ Stapled Securities