Jul 31, 2019
Issue Price Of New Units Pursuant To The Distribution Reinvestment Plan For The Distribution Period From 1 April 2019 To 30 June 2019 - Tax-Exempt Income Component
| Announcement Title | Scrip Election/ Distribution/ DRP |
| Date & Time of Broadcast | Jul 31, 2019 19:51 |
| Status | Replace |
| Corporate Action Reference | SG190722DVOP4HY4 |
| Submitted By (Co./ Ind. Name) | Catherine Yeo |
| Designation | Company Secretary |
| Dividend/ Distribution Number | Not Applicable |
| Financial Year End | 30/09/2019 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | SGD 0.006705 |
| Dividend/ Distribution Period | 01/04/2019 TO 30/06/2019 |
| Number of Days | 91 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Reference is made to the announcement made on 22 July 2019 on the Notice of Books Closure Date and application of Distribution Reinvestment Plan ("DRP") for the distribution of 2.4 cents per unit ("Unit") for the period from 1 April 2019 to 30 June 2019. |
| Additional Text | The issue price of the new Units to be issued under the DRP is S$1.6043 per Unit. Please refer to the attached for more information. |
| Taxation Conditions | The tax-exempted income component of the distribution is exempt from tax in the hands of all Unitholders. No tax will be deducted at source from this component of the distribution. |
| Event Dates | |
| Record Date and Time | 30/07/2019 17:00:00 |
| Ex Date | 29/07/2019 |
| Cash Payment Details | |
| Election Period | 06/08/2019 TO 19/08/2019 |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | SGD 0.006705 |
| Net Rate (Per Share) | SGD 0.006705 |
| Pay Date | 29/08/2019 |
| Gross Rate Status | Actual Rate |
| Security Option Details | |
| Election Period | 06/08/2019 TO 19/08/2019 |
| 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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31 Jul 2019 | PDF 284,816 kb