Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
EC WORLD ASSET MANAGEMENT PTE LTD
Security
EC WORLD REIT - SG1DA7000003 - BWCU

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
22-Feb-2017 20:53:04
Status
New
Corporate Action Reference
SG170222CAPDXEET
Submitted By (Co./ Ind. Name)
Lai Hock Meng
Designation
Chief Executive Officer and Executive Director
Dividend/ Distribution Number
Not Applicable
Financial Year End
31/12/2016
Dividend/ Distribution Period
01/10/2016 TO 31/12/2016
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Additional TextEC World REIT has announced a capital distribution of 1.463 cent per unit in EC World REIT for the period from 1 October 2016 to 31 December 2016.
Taxation ConditionsPlease see attached.
Additional TextSponsor's Statement:
DBS Bank Ltd. is the sole financial adviser, global coordinator and issue manager for the initial public offering of EC World REIT.
Additional TextDBS Bank Ltd., Bank of China Limited, Singapore Branch, China International Capital Corporation (Singapore) Pte. Limited and Maybank Kim Eng Securities Pte. Ltd. are the joint bookrunners and underwriters for the initial public offering of EC World REIT.

Event Dates

Record Date and Time
02/03/2017 17:00:00
Ex Date
28/02/2017

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.01463
Net Rate (per share)
SGD 0.01463
Pay Date
29/03/2017
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities