Advanced Distribution - Capital Distribution Component
BackMay 31, 2023
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | May 31, 2023 8:15 |
| Status | New |
| Corporate Action Reference | SG230531CAPDJSJB |
| Submitted By (Co./ Ind. Name) | LIM JOO LEE |
| Designation | COMPANY SECRETARY |
| Dividend/ Distribution Number | Applicable |
| Value | 69 |
| Financial Year End | 31/03/2024 |
| Dividend/ Distribution Period | 01/04/2023 TO 11/06/2023 |
| Number of Days | 72 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Reference is made to the Launch of Equity Fund Raising to raise gross proceeds of approximately S$100m announcement dated 31 May 2023. |
| Additional Text | .The Advanced Distribution is currently estimated to be between 1.700 Singapore cents to 1.900 Singapore cents per Unit. This is only an estimate based on information currently available to the Manager and the actual Advanced Distribution may differ. Please refer to the attached. |
| Taxation Conditions | The capital component of the distribution is treated as a return of capital for Singapore income tax purposes. No tax will be deducted at source from this component. Please refer to the attached. |
| Event Dates | |
| Record Date and Time | 09/06/2023 17:00:00 |
| Ex Date | 08/06/2023 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | SGD 0.00537 |
| Net Rate (per share) | SGD 0.00537 |
| Pay Date | 20/07/2023 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
Attachment 1 (Size: 288,246 bytes)