Issue Price Of New Units To Be Issued Pursuant To Application Of The Distribution Reinvestment Plan To The Distribution For The Period From 1 July 2023 To 31 December 2023 - Capital Distribution
BackFeb 16, 2024
| Announcement Title | Scrip Election/ Distribution/ DRP |
| Date & Time of Broadcast | Feb 16, 2024 6:28 |
| Status | Replace |
| Corporate Action Reference | SG240206DVOP1N26 |
| Submitted By (Co./ Ind. Name) | Lee Ju Lin, Audrey |
| Designation | Company Secretary, CapitaLand Integrated Commercial Trust Management Limited |
| Dividend/ Distribution Number | Not Applicable |
| Dividend/ Distribution Type | Final |
| Financial Year End | 31/12/2023 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | SGD 0.002 |
| Dividend/ Distribution Period | 01/07/2023 TO 31/12/2023 |
| Number of Days | 184 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Issue price of new units in CapitaLand Integrated Commercial Trust to be issued pursuant to application of the Distribution Reinvestment Plan to the distribution for the period from 1 July 2023 to 31 December 2023. Please refer to the attached announcement for additional information. |
| Taxation Conditions | The capital distribution component represents a return of capital to unitholders for Singapore income tax purposes. No tax will be deducted at source from this component. The amount of the capital distribution component will be applied to reduce the cost base of unitholders' Units for Singapore income tax purposes. For unitholders who are liable to Singapore income tax on profits from the sale of their Units, the reduced cost base of their Units will be used to calculate any taxable trading gains arising from the disposal of their Units. |
| Event Dates | |
| Record Date | 15/02/2024 |
| Ex Date | 14/02/2024 |
| Cash Payment Details | |
| Election Period | 29/02/2024 TO 11/03/2024 |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Tax Not Applicable |
| Gross Rate (Per Share) | SGD 0.002 |
| Net Rate (Per Share) | SGD 0.002 |
| Pay Date | 28/03/2024 |
| Gross Rate Status | Actual Rate |
| Security Option Details | |
| Election Period | 29/02/2024 TO 11/03/2024 |
| New Security ISIN | SG1M51904654 |
| New Security Name | CAPITALAND INTEGRATED COMM TR |
| Security Not Found | No |
| Fractional Disposition Method | Round down fraction to last full unit |
| Issue/ Reinvestment Price | SGD 1.9308 |
| Security Credit Date | 28/03/2024 |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 51,897 bytes)
