WD::Scrip Election/ Distribution/ DRP::Choice
Issuer & Securities
Issuer/ Manager
ESR FUNDS MANAGEMENT (S) LIMITED
Security
ESR-REIT - SG1T70931228 - J91U
Announcement Details
Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
02-May-2019 19:14:31
Status
Withdraw
Corporate Action Reference
SG190424DVOPSJIQ
Submitted By (Co./ Ind. Name)
Adrian Chui
Designation
CEO & Executive Director
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.01007
Dividend/ Distribution Period
01/01/2019 TO 31/03/2019
Number of Days
90
Event Narrative
Narrative Type
Narrative Text
Additional Text
DRP will apply to the distribution of 1.007 cents per unit for ESR-REIT units for the period from 1 January 2019 to 31 March 2019 comprising distributions from the following:
- Taxable income distribution - 0.942 cents per unit
- Other gains distribution - 0.065 cents per unit
Event Dates
Record Date and Time
06/05/2019 17:00:00
Ex Date
03/05/2019
Option 1-Cash Payment Details
Election Period
09/05/2019 TO 24/05/2019
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
No
Gross Rate (Per Share)
SGD 0.01007
Net Rate (Per Share)
SGD 0.01007
Pay Date
10/06/2019
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text
(a) 10% tax for unitholders as per paragraph B.2. of the Notice of Books Closure and Distribution Payment Date attached.
(b) Zero tax for other gains
Please see attached details.
Option 2-Cash Payment Details
Election Period
09/05/2019 TO 24/05/2019
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
Yes
Gross Rate (Per Share)
SGD 0.01007
Net Rate (Per Share)
SGD 0.01007
Pay Date
10/06/2019
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text
(a) 17% tax for unitholders as per paragraph B.6. and B.7. of the Notice of Books Closure and Distribution Payment Date attached.
(b) Zero tax for other gains distribution.
Please see attached details.
Option 3-Cash Payment Details
Election Period
09/05/2019 TO 24/05/2019
Default Option
No
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Gross
Taxable
Yes
Gross Rate (Per Share)
SGD 0.01007
Net Rate (Per Share)
SGD 0.01007
Pay Date
10/06/2019
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text
(a) Zero tax for unitholders as per paragraph B.1. of the Notice of Books Closure and Distribution Payment Date attached.
(b) Zero tax for other gains distribution.
Please see attached details.
Security Option Details
Election Period
09/05/2019 TO 24/05/2019
New Security ISIN
SG1T70931228
New Security Name
ESR-REIT
Security Not Found
No
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text
Please see attached details.
Reason(s) for Withdrawal
Reason(s) for Withdrawal
Announcement has been replaced with two new announcements dated 2 May 2019.
Attachments
1Q2019 - Notice of books closure.pdf
Total size =263K
Related Announcements
Related Announcements
24/04/2019 06:31:26
Applicable for REITs/ Business Trusts/ Stapled Securities