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
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


  1. Attachment 1 (Size: 288,246 bytes)

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