News
Notice To Unitholders On Exchange Rate For Computation Of Advanced Distribution In Australian Dollars - Capital Distribution
Sep 18, 2017
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Sep 18, 2017 22:55 |
| Status | Replace |
| 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 28 July 2017 on the Advanced Distribution (as defined in the announcement), please see attached announcement on the applicable exchange rate to compute the declared Advanced Distribution for the period from 1 April 2017 to 5 July 2017 to be paid on 29 September 2017. |
| Taxation Conditions | The Capital Distribution represents a return of capital to 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 unitholders who are liable to 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. |
| 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 | |
| Record Date and Time | 05/07/2017 17:00:00 |
| Ex Date | 03/07/2017 |
| 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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