News
Details Of Advanced Distribution In Frasers Logistics & Industrial Trust ("FLT") Pursuant To The Private Placement - Capital Component
Jul 28, 2017
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Jul 28, 2017 20:09 |
| Status | New |
| Corporate Action Reference | SG170728CAPD8COT |
| Submitted By (Co./ Ind. Name) | Catherine Yeo |
| Designation | Company Secretary |
| Dividend/ Distribution Number | Not Applicable |
| Financial Year End | 30/09/2017 |
| Dividend/ Distribution Period | 01/04/2017 TO 05/07/2017 |
| Number of Days | 96 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Narrative version |
Further to the announcement dated 27 June 2017 on the advanced distribution, Frasers Logistics & Industrial Trust ("FLT") shall be paying out on 29 September 2017, the advanced distribution, for the period 1 April 2017 to 5 July 2017, of 1.84 Singapore cents per unit in FLT ("Unit") in issue on 5 July 2017 (the "Existing Units"). Unitholders of FLT with Units in their securities account as at 5.00pm on 5 July 2017 will be entitled to the advanced distribution. This comprises: (i) tax-exempt income component of 1.12 Singapore cents per Existing Unit; and (ii) capital component of 0.72 Singapore cents per Existing Unit. Please refer to the aforementioned announcement dated 27 June 2017 and the attachment for more details. |
| Taxation Conditions | Please refer to the attachment on "Declaration for Singapore Tax Purposes". |
| Narrative version | DBS Bank Ltd. and Citigroup Global Markets Singapore Pte. Ltd. are the joint financial advisers, global coordinators and issue managers for the initial public offering of units in Frasers Logistics & Industrial Trust (the "Offering"). DBS Bank Ltd., Citigroup Global Markets Singapore Pte. Ltd., Morgan Stanley Asia (Singapore) Pte., Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited are the joint bookrunners and underwriters for the Offering (collectively, the "Joint Bookrunners"). The Joint Bookrunners for the Offering assume no responsibility for the contents of this announcement. |
| Event Dates | |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | SGD 0.0072 |
| Net Rate (per share) | SGD 0.0072 |
| Pay Date | 29/09/2017 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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