News
Capital Distribution :: Mandatory
BackAug 13, 2018
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Aug 13, 2018 8:08 |
| Status | New |
| Corporate Action Reference | SG180813CAPD4OP3 |
| Submitted By (Co./ Ind. Name) | Philip Levinson |
| Designation | Executive Director and Chief Executive Officer |
| Dividend/ Distribution Number | Not Applicable |
| Dividend/ Distribution Period | 30/11/2017 TO 30/06/2018 |
| Number of Days | 213 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Distribution of of 2.53 cents (EUR) per Unit for the period from 30 November 2017 (being the date of listing of CEREIT) to 30 June 2018. The Distribution comprises wholly of a capital component. Please refer to the attached. |
| Taxation Conditions | The Capital Distribution represents a return of capital to Unitholders for Singapore income tax purposes and is therefore not subject to income tax. For Unitholders who hold the Units as trading assets, the amount of capital gain 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. |
| Narrative version | Goldman Sachs (Singapore) Pte. and UBS AG, Singapore Branch are the joint issue managers for the initial public offering of CEREIT. DBS Bank Ltd., Goldman Sachs (Singapore) Pte., and UBS AG, Singapore Branch are the joint global coordinators for the initial public offering of CEREIT. DBS Bank Ltd., Goldman Sachs (Singapore) Pte., UBS AG, Singapore Branch, Daiwa Capital Markets Singapore Limited and CLSA Singapore Pte Ltd were the joint bookrunners and underwriters for the initial public offering of CEREIT. |
| Event Dates | |
| Record Date and Time | 21/08/2018 17:00:00 |
| Ex Date | 17/08/2018 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | EUR 0.0253 |
| Net Rate (per share) | EUR 0.0253 |
| Pay Date | 28/09/2018 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities | |
Attachments
- Attachment 1 (Size: 37,990 bytes)