Jan 18, 2012
Notice of Book Closure Date for Distribution: (i) 23 Sep 2011 to 30 Sep 2011 (ii) 1 Oct 2011 yo 31 Dec 2011
| Notice Type | Notice of Book Closure Date for Distribution |
| Corporate Action Details (e.g. Rights ratio, dividend ratio, tax rate, etc) | (i) Distribution for the period from 23 September 2011 to 30 September 2011 (ii) Distribution for the period from 1 October 2011 to 31 December 2011 |
| Record Date | 31/01/2012 |
| Record Time | 17:00 |
| Date Paid/Payable (if applicable) | 29/02/2012 |
| Footnotes | Distribution Type -------------------- a) Taxable income b) Tax-exempt income Distribution Rate -------------------- i) Distribution for the period from 23 September 2011 to 30 September 2011 a) Taxable income distribution - 0.25 cents per unit b) Tax-exempt income distribution - 0.03 cents per unit ii) Distribution for the period from 1 October 2011 to 31 December 2011 a) Taxable income distribution - 2.18 cents per unit b) Tax-exempt income distribution - 0.02 cents per unit Par value of units --------------------- Not meaningful Tax Rate ----------- Taxable income distribution --------------------------------- Individuals who hold the units as investment assets and not through a partnership in Singapore will receive pre-tax distributions. These distributions are tax-exempt at the individuals' level. Individuals who hold the units as trading assets or individuals who hold units through a partnership in Singapore will receive pre-tax distributions. These distributions will however be subject to tax at the individuals' level at their applicable income tax rates. Qualifying unitholders will receive pre-tax distributions. These distributions will however be subject to tax at their applicable income tax rates. Qualifying foreign non-individual investors received distributions after deduction of tax at the rate of 10% for the distribution made on or before 17 February 2010. Meanwhile, the Budget Statement 2010 proposed that the reduced rate of 10% will be renewed for the period from 18 February 2010 to 31 March 2015 (both dates inclusive). Subject to the proposal being promulgated as law, qualifying foreign non-individual investors will continue to receive distributions after deduction of tax at the rate of 10% from distributions made by FCT from 18 February 2010 to 31 March 2015. All other investors will receive their distributions after deduction of tax at the rate of 17%. Tax-exempt income distribution -------------------------------------- Tax-exempt income distribution is exempt from tax in the hands of all Unitholders. Tax-exempt income relates to the net income from the investment in H-REIT. |
