| Announcement Title |
Scrip Election/ Distribution/ DRP |
| Date & Time of Broadcast |
Jan 17, 2017 19:26 |
| Status |
New |
| Corporate Action Reference |
SG170117DVOPQF3L |
| Submitted By (Co./ Ind. Name) |
Dr Ronnie Tan Keh Poo |
| Designation |
Chief Executive Officer |
| Dividend/ Distribution Number |
Not Applicable |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) |
SGD 0.0213 |
| Dividend/ Distribution Period |
01/10/2016 TO 31/12/2016 |
| Number of Days |
92 |
| Event Narrative |
| Narrative Type |
Narrative Text |
| Additional Text |
First REIT has announced a distribution of 2.13 cents per unit in First REIT for the period from 1 October 2016 to 31 December 2016, comprising a taxable income component of 0.07 cents per unit, a tax-exempt income component of 1.16 cents per unit and a capital component of 0.90 cents per unit. |
| Event Dates |
| Record Date and Time |
26/01/2017 17:00:00 |
| Ex Date |
24/01/2017 |
| Option 1-Cash Payment Details |
| Default Option |
Yes |
| Option Currency |
Singapore Dollar |
| Payment Type |
Tax Not Applicable |
| Gross Rate (Per Share) |
SGD 0.0213 |
| Net Rate (Per Share) |
SGD 0.0213 |
| Pay Date |
28/02/2017 |
| Gross Rate Status |
Actual Rate |
| Note- Any information entered in narrative will not be used in processing |
| Narrative Type |
Narrative Text |
| Additional Text |
Bowsprit Capital Corporation Limited, as manager of First REIT, wishes to announce that the Distribution Reinvestment Plan (the "DRP") will apply to the above distribution. |
| Taxation Conditions |
Certain categories of Unitholders will receive gross distribution (i.e. no tax will be deducted from it). Please see attached. |
|
| Option 2-Cash Payment Details |
| Default Option |
No |
| Option Currency |
Singapore Dollar |
| Payment Type |
Payment Rate in Net |
| Taxable |
Yes |
| Tax Rate(%) |
17 |
| Gross Rate (Per Share) |
SGD 0.0213 |
| Net Rate (Per Share) |
SGD 0.017679 |
| Pay Date |
28/02/2017 |
| Gross Rate Status |
Actual Rate |
| Note- Any information entered in narrative will not be used in processing |
| Narrative Type |
Narrative Text |
| Additional Text |
Bowsprit Capital Corporation Limited, as manager of First REIT, wishes to announce that the Distribution Reinvestment Plan (the "DRP") will apply to the above distribution. |
| Taxation Conditions |
Tax will be deducted at the prevailing corporate tax rate of 17% in certain circumstances. Please see attached. |
|
| Option 3-Cash Payment Details |
| Default Option |
No |
| Option Currency |
Singapore Dollar |
| Payment Type |
Payment Rate in Net |
| Taxable |
Yes |
| Tax Rate(%) |
10 |
| Gross Rate (Per Share) |
SGD 0.0213 |
| Net Rate (Per Share) |
SGD 0.01917 |
| Pay Date |
28/02/2017 |
| Gross Rate Status |
Actual Rate |
| Note- Any information entered in narrative will not be used in processing |
| Narrative Type |
Narrative Text |
| Additional Text |
Bowsprit Capital Corporation Limited, as manager of First REIT, wishes to announce that the Distribution Reinvestment Plan (the "DRP") will apply to the above distribution. |
| Taxation Conditions |
Tax at the reduced rate of 10% will be deducted from the distribution made to foreign non-individual Unitholders. Please see attached. |
|
| Security Option Details |
| New Security ISIN |
SG1U27933225 |
| New Security Name |
FIRST REAL ESTATE INV TRUST |
| Security Not Found |
No |
| |
