Clean-Up Distribution - Capital Distribution

Apr 30, 2020

Announcement Title Capital Distribution
Date & Time of Broadcast Apr 30, 2020 7:27
Status New
Corporate Action Reference SG200430CAPDTIA1
Submitted By (Co./ Ind. Name) Catherine Yeo
Designation Company Secretary
Dividend/ Distribution Number Not Applicable
Financial Year End 30/09/2020
Dividend/ Distribution Period 01/10/2019 TO 14/04/2020
Number of Days 197
Event Narrative
Narrative Type Narrative Text
Narrative version Clean-up Distribution of 3.73 Singapore cents per FLCT Unit for the period from 1 October 2019 up to 14 April 2020, comprising of a tax-exempt income component of the distribution of 1.87 Singapore cents and a capital component of the distribution of 1.86 Singapore cents. Please see attached announcement for more information.
Taxation Conditions The tax-exempt income component of the distribution is exempt from Singapore income tax in the hands of all unitholders of FLCT entitled to the Clean-Up Distribution ("Eligible Unitholders") regardless of their nationality, corporate identity or tax residence status. No tax will be deducted from such component.
Taxation Conditions The capital component of the distribution represents a return of capital to Eligible Unitholders for Singapore income tax purposes. The amount of the Capital Distribution will be applied to reduce the cost base of unitholders' Units for Singapore income tax purposes. For Eligible 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 14/04/2020 17:00:00
Ex Date 13/04/2020
Disbursement Details
Cash Payment Details
Payment Type Tax Not Applicable
Gross Rate (per share) SGD 0.0186
Net Rate (per share) SGD 0.0186
Pay Date 26/06/2020
Gross Rate Status Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities

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