Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
LENDLEASE GLOBAL COMMERCIAL TRUST MANAGEMENT PTE. LTD.
Security
LENDLEASE GLOBAL COMMERCIAL REIT - SGXC61949712 - JYEU

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
10-Feb-2020 08:15:06
Status
New
Corporate Action Reference
SG200210CAPD2172
Submitted By (Co./ Ind. Name)
Tan Wee Sin
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
1
Dividend/ Distribution Period
02/10/2019 TO 31/12/2019
Number of Days
91

Event Narrative

Narrative Type
Narrative Text
Additional Text1st distribution for the period from 2 October 2019 to 31 December 2019.
- Please refer to the attachment.
Taxation ConditionsCapital Distribution represents a return of capital to Unitholders for Singapore income tax purposes and is therefore not subject to income tax. For Unitholders who are liable to Singapore income tax on profits from sale of Lendlease Global Commercial REIT ("LREIT") Units, the amount of Capital Distribution will be applied to reduce the cost base of their LREIT Units for Singapore income tax purposes.
Additional TextSponsorship Statement:
DBS Bank Ltd. is the sole financial adviser and sole issue manager for the Initial Public Offering.
Additional TextDBS Bank Ltd. and Citigroup Global Markets Singapore Pte. Ltd. are the joint global coordinators,
bookrunners and underwriters for the Initial Public Offering.

Event Dates

Record Date and Time
18/02/2020 17:00:00
Ex Date
17/02/2020

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.004
Net Rate (per share)
SGD 0.004
Pay Date
16/03/2020
Gross Rate Status
Actual Rate

Attachments

LREIT_Notice of BCD Final.pdf
Total size =34K

Applicable for REITs/ Business Trusts/ Stapled Securities