Nov 28, 2019
Issue And Listing Of New Units Under The Distribution Reinvestment Plan - Taxable Income Component
| Announcement Title | Scrip Election/ Distribution/ DRP |
| Date & Time of Broadcast | Nov 28, 2019 18:33 |
| Status | Replace |
| Corporate Action Reference | SG191022DVOPBS5G |
| 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 0.011518 |
| Dividend/ Distribution Period | 01/07/2019 TO 30/09/2019 |
| Number of Days | 92 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Reference is made to the application of a distribution reinvestment plan ("DRP") for the distribution of 2.4 cents per Unit for the period from 1 July 2019 to 30 September 2019. |
| Additional Text | 2,180,704 new units ("Units") in Frasers Commercial Trust ("FCOT") have been issued today at an issue price of S$1.6041 per Unit. The Units will be credited to the securities accounts of eligible unitholders of FCOT who have elected to participate in the DRP on 29 November 2019. Please refer to the attached announcement for more information. |
| Event Dates | |
| Record Date and Time | 31/10/2019 17:00:00 |
| Ex Date | 30/10/2019 |
| Option 1-Cash Payment Details | |
| Election Period | 07/11/2019 TO 18/11/2019 |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Payment Rate in Gross |
| Taxable | Yes |
| Tax Rate(%) | 17 |
| Gross Rate (Per Share) | SGD 0.011518 |
| Net Rate (Per Share) | SGD 0.00956 |
| Pay Date | 29/11/2019 |
| Gross Rate Status | Actual Rate |
| Option 2-Cash Payment Details | |
| Election Period | 07/11/2019 TO 18/11/2019 |
| Default Option | No |
| Option Currency | Singapore Dollar |
| Payment Type | Payment Rate in Gross |
| Taxable | Yes |
| Tax Rate(%) | 10 |
| Gross Rate (Per Share) | SGD 0.011518 |
| Net Rate (Per Share) | SGD 0.010366 |
| Pay Date | 29/11/2019 |
| Gross Rate Status | Actual Rate |
| Option 3-Cash Payment Details | |
| Election Period | 07/11/2019 TO 18/11/2019 |
| Default Option | No |
| Option Currency | Singapore Dollar |
| Payment Type | Payment Rate in Gross |
| Taxable | No |
| Gross Rate (Per Share) | SGD 0.011518 |
| Net Rate (Per Share) | SGD 0.011518 |
| Pay Date | 29/11/2019 |
| Gross Rate Status | Actual Rate |
| Security Option Details | |
| Election Period | 07/11/2019 TO 18/11/2019 |
| 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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28 Nov 2019 | PDF 95,766 kb