Nov 08, 2018
Despatch Of Notices Of Election Pursuant To The Distribution Reinvestment Plan For The Distribution Period From 1 July 2018 To 30 September 2018 - Taxable Income Component
| Announcement Title | Scrip Election/ Distribution/ DRP |
| Date & Time of Broadcast | Nov 8, 2018 17:20 |
| Status | Replace |
| Corporate Action Reference | SG181019DVOPGGNO |
| Submitted By (Co./ Ind. Name) | Catherine Yeo |
| Designation | Company Secretary |
| Dividend/ Distribution Number | Not Applicable |
| Financial Year End | 30/09/2018 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | SGD 0.012585 |
| Dividend/ Distribution Period | 01/07/2018 TO 30/09/2018 |
| Number of Days | 92 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Reference is made to the announcements made on 19 October 2018 on the Notice of Books Closure Date and application of a distribution reinvestment plan ("DRP") for the distribution of 2.4 cents per Unit for the period from 1 July 2018 to 30 September 2018, and 31 October 2018 on the issue price of the new Units to be issued under DRP. |
| Additional Text | The Notices of Election in respect of the DRP have today been despatched to all eligible unitholders of Frasers Commercial Trust recorded in the Depository Register as at 5.00 p.m. on 30 October 2018. |
| Additional Text | The Notices of Election must be received by the Unit Registrar by 5.00 p.m. on 19 November 2018, and may not be withdrawn or cancelled upon receipt. Notices of Election received after 5.00 p.m. on 19 November 2018 will not be processed. Please refer to the attached announcement for more information. |
| Event Dates | |
| Record Date and Time | 30/10/2018 17:00:00 |
| Ex Date | 26/10/2018 |
| Option 1-Cash Payment Details | |
| Election Period | 08/11/2018 TO 19/11/2018 |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Payment Rate in Gross |
| Taxable | Yes |
| Tax Rate(%) | 17 |
| Gross Rate (Per Share) | SGD 0.012585 |
| Net Rate (Per Share) | SGD 0.010446 |
| Pay Date | 29/11/2018 |
| Gross Rate Status | Actual Rate |
| Option 2-Cash Payment Details | |
| Election Period | 08/11/2018 TO 19/11/2018 |
| Default Option | No |
| Option Currency | Singapore Dollar |
| Payment Type | Payment Rate in Gross |
| Taxable | Yes |
| Tax Rate(%) | 10 |
| Gross Rate (Per Share) | SGD 0.012585 |
| Net Rate (Per Share) | SGD 0.011327 |
| Pay Date | 29/11/2018 |
| Gross Rate Status | Actual Rate |
| Option 3-Cash Payment Details | |
| Election Period | 08/11/2018 TO 19/11/2018 |
| Default Option | No |
| Option Currency | Singapore Dollar |
| Payment Type | Payment Rate in Gross |
| Taxable | No |
| Gross Rate (Per Share) | SGD 0.012585 |
| Net Rate (Per Share) | SGD 0.012585 |
| Pay Date | 29/11/2018 |
| Gross Rate Status | Actual Rate |
| Security Option Details | |
| Election Period | 08/11/2018 TO 19/11/2018 |
| New Security ISIN | SG2C81967185 |
| New Security Name | FRASERS COMMERCIAL TRUST |
| Security Not Found | No |
| Fractional Disposition Method | Fractional Part for Cash |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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08 Nov 2018 | PDF 110,385 kb