Cash Dividend/ Distribution::Mandatory

Issuer & Securities

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

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
06-May-2022 07:44:06
Status
New
Corporate Action Reference
SG220506DVCA8NA7
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
30/09/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.026
Dividend/ Distribution Period
01/10/2021 TO 31/03/2022
Number of Days
182

Event Narrative

Narrative Type
Narrative Text
Narrative versionDistribution of 3.85 Singapore cents per unit in FLCT ("Unit"), for the period from 1 October 2021 to 31 March 2022 (the "Distribution"), comprising a tax-exempt income distribution component of 2.60 Singapore cents, a capital component of 0.69 Singapore cents and a taxable income distribution component of 0.56 Singapore cents. Please refer to the 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
17/05/2022 17:00:00
Ex Date
13/05/2022

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.026
Net Rate (Per Share)
SGD 0.026
Pay Date
17/06/2022
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities