(Constituted in Republic of Singapore pursuant to a Trust Deed dated 29 January 2008 (as amended))
ANNOUNCEMENT26 January 2012
NOTICE OF BOOKS CLOSURE AND DISTRIBUTION PAYMENT DATE
NOTICE IS HEREBY GIVEN that the Transfer Books and Register
of Unitholders of Mapletree Industrial Trust ("MIT") will be
closed at 5.00pm on Friday, 3 February 2012 for the purpose
of determining unitholders' entitlements to MIT's
distribution. MIT has announced a distribution of 2.16
Singapore cents per unit for the period from 1 October 2011
to 31 December 2011. The distribution of 2.16 Singapore cents
per unit comprises a taxable income component of 1.96
Singapore cents per unit and a capital component of 0.20
Singapore cents per unit.
Unitholders whose securities accounts with The Central
Depository (Pte) Limited are credited with units in MIT as at
5.00pm on Friday, 3 February 2012 will be entitled to the
distribution that will be paid by Wednesday, 29 February
2012.
1 The capital component of the distribution is treated as a
return of capital for Singapore income tax purposes. No tax
will be deducted at source from this component.
2 Tax will be deducted at source from the taxable income
component in certain circumstances. The following paragraphs
describe the circumstances in which tax will or will not be
deducted from the taxable income component of the
distribution.
3 The following categories of Unitholders will receive a
gross distribution (i.e. no tax will be deducted from the
taxable income component):-
(a) Unitholders who are individuals and who hold the units
either in their sole names or jointly with other
individuals;
(b) Unitholders which are companies incorporated and tax
resident in Singapore;
(c) Unitholders which are Singapore branches of foreign
companies that have obtained specific approval from the
Inland Revenue Authority of Singapore to receive the
distribution from MIT without deduction of tax; and
DBS Bank Ltd. and Goldman Sachs (Singapore) Pte. were the
joint global coordinators for the initial public offering
("IPO") and listing of MIT. The issue managers for the IPO ,
were DBS Bank Ltd., Goldman Sachs (Singapore) Pte., Citigroup
Global Markets Singapore Pte. Ltd. and Standard Chartered
Securities (Singapore) Pte. Limited.
1
(d) Unitholders which are non-corporate entities (excluding
partnerships) constituted or registered in Singapore,
4 To receive a gross distribution, Unitholders in category
(b) to (d) above must complete a prescribed form - the
"Declaration for Singapore Tax Purposes Form" ("Form A").
5 These categories of Unitholders, unless they are exempt
from tax because of their own circumstances, will have to pay
income tax subsequently at their own applicable tax
rates.
6 Unitholders in category (a) are not required to submit any
form. The gross distribution received by these Unitholders
(irrespective of their tax residence status) is exempt from
tax. However, this tax exemption does not apply to such
Unitholders in respect of distribution derived by them
through a partnership in Singapore or from the carrying on of
a trade, business or profession.
7 Tax at the reduced rate of 10% will be deducted from the
distribution made to foreign non-individuals Unitholders. A
foreign non-individual Unitholder is one (other than an
individual) who is not a resident of Singapore for income tax
purposes and:-
(a) who does not have a permanent establishment in Singapore;
or
(b) who carries on any operation in Singapore through a
permanent establishment in Singapore, where the funds used to
acquire the units in MIT are not obtained from that
operation.
8 To receive the distribution net of tax deducted at 10%,
foreign non-individual
Unitholders are required to complete Form A.
9 Beneficial owners of units in MIT who hold units through
Depository Agents will receive:-
(a) gross distribution if they are persons described in
categories (a) to (d) under
Paragraph 3 above; and
(b) distribution net of tax deducted at 10% if they are
foreign non-individuals
described in Paragraph 7 above.
10 To receive gross distribution and distribution net of tax
deducted at 10%, Depository Agents are required to complete
the "Declaration by Depository Agents for Singapore Tax
Purposes Form" ("Form B") and its annexes.
11 Form A and Form B (and its annexes) will be sent to
Unitholders and Depository Agents respectively, by MIT's Unit
Registrar, Boardroom Corporate & Advisory Services Pte. Ltd.,
on or around Wednesday, 8 February 2012.
2
12 Unitholders (Form A) and the Depository Agents (Form B and
its annexes) will have to complete the forms legibly and send
it to the Unit Registrar such that the forms are received by
5.00pm on Wednesday, 15 February 2012. Failure to comply with
any of these requirements will render Form A and Form B
invalid and the Trustee and the Manager of MIT will be
obliged to deduct tax at the rate of 17% from the
distribution.
13 Unitholders who hold units under the Central Provident
Fund Investment Scheme ("CPFIS") and the Supplementary
Retirement Scheme ("SRS") do not have to return any form.
They will receive gross distribution.
This distribution is considered as income for the year 2012. Beneficial owners of the distribution, other than those who are exempt from tax on the distribution or who are entitled to the reduced tax rate of 10%, are required to declare the gross amount of the taxable income component of the distribution as taxable income in their Singapore income tax return for the year of assessment 2013.
Important ReminderUnitholders and Depository Agents must complete and return the "Declaration for Singapore Tax Purposes Form A and Form B (and its annexes)", respectively to the Unit Registrar's office by 5.00pm on Wednesday, 15 February 2012 in order to receive the distribution either at gross or at net (after deduction of tax at 10%) as described above.
Important Dates and TimesDate/Dateline | Event |
5.00pm, Friday 3 February 2012 | Closure of MIT's Transfer Books and Register of Unitholders |
5.00pm, Wednesday 15 February 2012 | Unitholders and Depository Agents must have completed and returned Form A or Form B, as applicable, to the Unit Registrar, Board Room Corporate & Advisory Services Pte. Ltd. |
By Wednesday, 29 February 2012 | Payment of distribution |
Should Unitholders have any queries in relation to these
procedures, please do not hesitate to contact:-
Ms Melissa TAN
Investor Relations Senior Manager
Tel: +65 6377 6113
Email:
melissa.tanhl@mapletree.com.sg
Or visit
MIT's website at www.mapletreeindustrialtrust.com
3
By order of the Board
Wan Kwong Weng
Joint Company Secretary
Mapletree Industrial Trust Management Ltd. (Company
Registration No. 201015667D) As Manager of Mapletree
Industrial Trust
The value of units in MIT ("Units") and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, Mapletree Industrial Trust Management Ltd., as Manager of MIT (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 have no right to request the Manager to redeem their Units while the Units are listed. It is intended that unitholders of MIT 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.
The past performance of MIT is not necessarily indicative of the future performance of MIT.
4
distribué par | Ce noodl a été diffusé par Mapletree Industrial Trust et initialement mise en ligne sur le site http://www.mapletreeindustrialtrust.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-26 12:32:18 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
Documents associés | |
Notice of Books Closure and Distribution Payment Date |