| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Oct 24, 2024 0:14 |
| Status | New |
| Corporate Action Reference | SG241024CAPDMQ5B |
| Submitted By (Co./ Ind. Name) | Yong Yean Chau |
| Designation | Directors/Chief Executive Officer |
| Dividend/ Distribution Number | Not Applicable |
| Dividend/ Distribution Period | 01/07/2024 TO 31/10/2024 |
| Number of Days | 123 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Narrative version | The Advanced Distribution is estimated to be between 4.80 Singapore cents and 5.20 Singapore cents per Unit, which based on the mid-point of the estimated Advanced Distribution range of 5.0 Singapore cents per Unit comprises: (i) taxable income component of 3.44 Singapore cents per Unit, (ii) tax-exempt income component of 0.80 Singapore cents per Unit and (iii) capital component of 0.76 Singapore cents per Unit. |
| Taxation Conditions | The capital component of the distribution represents a return of capital to unitholders for tax purposes and is therefore not subject to income tax. For unitholders who hold the units as trading assets, the amount of capital distribution will be applied to reduce the cost base of their units for the purpose of calculating the amount of taxable trading gains arising from the disposal of the units. No tax will be deducted at source from this component. |
| Additional Text | A further announcement on the actual quantum of the Advanced Distribution per Unit (which may differ from the estimate above) will be made by the Manager in due course. Please refer to the attachment for details. |
| Event Dates | |
| Record Date | 30/10/2024 |
| Ex Date | 29/10/2024 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | SGD 0.0076 |
| Net Rate (per share) | SGD 0.0076 |
| Pay Date | 26/11/2024 |
| Gross Rate Status | Indicative Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
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