Issue Price of New Units Persuant to the Distribution Reinvestment

REPL::Scrip Election/ Distribution/ DRP::Choice
Page 1 of 2
REPL::Scrip Election/ Distribution/ DRP::Choice
Issuer & Securities
Issuer/ Manager
FRASERS CENTREPOINT ASSET MANAGEMENT (COMMERCIAL)
LTD.
Security
FRASERS COMMERCIAL TRUST - SG2C81967185 - ND8U
Announcement Details
Announcement Title
Scrip Election/ Distribution/ DRP
Date & Time of Broadcast
03-May-2017 20:00:07
Status
Replacement
Corporate Action Reference
SG170421DVOPY6QH
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
30/09/2017
Declared Dividend/ Distribution Rate (Per
Share/ Unit)
SGD 0.025057
Dividend/ Distribution Period
01/01/2017 TO 31/03/2017
Number of Days
90
Event Narrative
Narrative
Type
Narrative Text
Additional
Text
Reference is made to the announcement made on 21 April 2017 on the Notice of Books Closure Date and
implementation of Distribution Reinvestment Plan ("DRP") for the distribution of 2.5057 cents per Unit for
the period from 1 January 2017 to 31 March 2017.
Additional
Text
The issue price of the new Units to be issued under the DRP is S$1.3216 per Unit. Please refer to attached
for more information.
Event Dates
Record Date and Time
02/05/2017 17:00:00
Ex Date
27/04/2017
Cash Payment Details
Election Period
09/05/2017 TO 18/05/2017
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Net
Taxable
No
Gross Rate (Per Share)
SGD 0.025057
Net Rate (Per Share)
SGD 0.025057
Pay Date
30/05/2017
Gross Rate Status
Actual Rate
Security Option Details
Election Period
09/05/2017 TO 18/05/2017
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=Announceme...
5/3/2017
REPL::Scrip Election/ Distribution/ DRP::Choice
New Security ISIN
SG2C81967185
New Security Name
FRASERS COMMERCIAL TRUST
Security Not Found
No
Fractional Disposition Method
Fractional Part for Cash
Attachments
Page 2 of 2
FCOT_DRP_unit_issue_price_announcement.pdf
Total size =77K
Related Announcements
21/04/2017 06:46:54
Applicable for REITs/ Business Trusts/ Stapled Securities
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=Announceme...
5/3/2017
SGX-ST Announcement
For immediate release
ISSUE PRICE OF NEW UNITS PURSUANT TO THE DISTRIBUTION
REINVESTMENT PLAN FOR THE DISTRIBUTION PERIOD
FROM 1 JANUARY 2017 TO 31 MARCH 2017
Singapore, 3 May 2017 - Frasers Centrepoint Asset Management (Commercial) Ltd., in its
capacity as manager of Frasers Commercial Trust (“FCOT”, and as manager of FCOT, the
“Manager”), wishes to announce that further to the announcement dated 21 April 2017 in relation
to the application of the distribution reinvestment plan (“DRP”) to the distribution of 2.5057 cents
per unit in respect of units in FCOT (“Unit”) for the period from 1 January 2017 to 31 March 2017
(the “Distribution”), the issue price of the new Units to be issued under the DRP in respect of the
Distribution is S$1.3216 per Unit (the “Issue Price”).
The Issue Price represents a 1.0% discount to the volume-weighted average traded price per Unit
for all trades on Singapore Exchange Securities Trading Limited (the “SGX-ST”) on 3 May 2017,
the Market Day1 immediately following the books closure date on 2 May 2017.
The Notices of Election2 are expected to be despatched to all eligible Unitholders on or around 9
May 2017. The Manager will announce further details about the despatch of the Notices of Election
in due course.
BY ORDER OF THE BOARD
Frasers Centrepoint Asset Management (Commercial) Ltd.
(as manager of Frasers Commercial Trust)
(Company Registration No: 200503404G)
Catherine Yeo
Company Secretary
3 May 2017
1
2
“Market Day” means a day on which the SGX-ST is open for trading in securities.
“Notice of Election” means the one or more notices of election (in such form as the Manager may approve) which
the Manager will, at its discretion, send to each Unitholder and through which each Unitholder may indicate whether
they wish to participate in the DRP.
1
For further information, kindly contact:
Ms. Wang Mei Ling
Senior Manager, Investor Relations
Frasers Centrepoint Asset Management (Commercial) Ltd
Tel: +65 6277 2509
Email: [email protected]
IMPORTANT NOTICE
This announcement may contain forward-looking statements that involve risks and uncertainties.
Actual future performance, outcomes and results may differ materially from those expressed in
forward-looking statements as a result of a number of risks, uncertainties and assumptions.
Representative examples of these factors include (without limitation) general industry and
economic conditions, interest rate trends, cost of capital and capital availability, competition from
similar developments, shifts in expected levels of property rental income, changes in operating
expenses, (including employee wages, benefits and training costs), property expenses and
governmental and public policy changes and the continued availability of financing in the amounts
and the terms necessary to support future business.
Investors are cautioned not to place undue reliance on these forward-looking statements, which
are based on the Manager’s current view on future events.
The value of Units and the income derived from them, if any, may fall or rise. Units are not
obligations of, deposits in, or guaranteed by, the Manager or any of its affiliates. An investment in
Units is subject to investment risks, including the possible loss of the principal amount invested.
Investors should note that they have no right to request the Manager to redeem their Units while
the Units are listed. It is intended that Unitholders may only deal in their Units through trading on
the SGX-ST. Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.
This publication is for information only and does not constitute an invitation or offer to acquire,
purchase or subscribe for the Units. The past performance of FCOT and the Manager is not
necessarily indicative of the future performance of FCOT and the Manager.
2