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Details Of Advanced Distribution In Connection With The Private Placement Of New Units In Frasers Logistics & Commercial Trust - Capital Component

Aug 05, 2021

Announcement Title Capital Distribution
Date & Time of Broadcast Aug 5, 2021 23:33
Status New
Corporate Action Reference SG210805CAPDHC8V
Submitted By (Co./ Ind. Name) Catherine Yeo
Designation Company Secretary
Dividend/ Distribution Number Not Applicable
Financial Year End 30/09/2021
Dividend/ Distribution Period 01/04/2021 TO 02/06/2021
Number of Days 63
Event Narrative
Narrative Type Narrative Text
Narrative version Further to the announcement on 24 May 2021 in relation to an advanced distribution, please see attached an announcement on the actual advanced distribution of 1.310 Singapore cents per unit in FLCT ("Unit") for the period from 1 April 2021 to 2 June 2021.
Narrative version The advanced distribution comprises a tax-exempt income distribution component of 0.721 cents per Unit and a capital component of 0.589 cents per Unit. Unitholders of FLCT ("Unitholders") with Units in their securities accounts as at 5.00 p.m. on 2 June 2021 will be entitled to the advanced distribution, which will be paid on 24 August 2021.
Taxation Conditions The tax-exempt income distribution component is exempt from Singapore income tax in the hands of all Unitholders, regardless of their nationality, corporate identity or tax residence status. No tax will be deducted from such component.
Taxation Conditions The capital distribution component represents a return of capital to Unitholders for Singapore income tax purposes. The amount of the capital distribution component will be applied to reduce the cost base of Unitholders' Units for Singapore income tax purposes. For Unitholders who are liable for Singapore income tax on profits from the sale of their Units, the reduced cost base of their Units will be used to calculate any taxable trading gains arising from the disposal of the Units.
Event Dates
Record Date and Time 02/06/2021 17:00:00
Ex Date 01/06/2021
Disbursement Details
Cash Payment Details
Payment Type Tax Not Applicable
Gross Rate (per share) SGD 0.00589
Net Rate (per share) SGD 0.00589
Pay Date 24/08/2021
Gross Rate Status Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities

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