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New Issue Of Securities (Chapter 6 Of Listing Requirements) : Other Issue Of Securities

BackJul 22, 2022
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description

CAPITALAND MALAYSIA TRUST (formerly known as CapitaLand Malaysia Mall Trust) ("CLMT")

DISTRIBUTION REINVESTMENT PLAN WHICH WILL PROVIDE UNITHOLDERS OF CLMT WITH AN OPTION TO ELECT TO REINVEST THEIR CASH DISTRIBUTION IN NEW UNITS OF CLMT ("DRP")

On 22 July 2022, the Board of Directors of CapitaLand Malaysia REIT Management Sdn. Bhd. (“CMRM”) (the “Board”), being the Manager of CLMT, had proposed the first income distribution of 1.95 sen per CLMT Unit (of which 1.92 sen per CLMT Unit is taxable and 0.03 sen per CLMT Unit is non-taxable in the hands of CLMT unitholders (“Unitholders”)) for the period from 1 January 2022 to 30 June 2022 (“First Income Distribution”) and determined that the DRP shall apply to the entire First Income Distribution where the gross electable portion will be the entire 1.95 sen per CLMT Unit (of which 1.92 sen per CLMT Unit is taxable and 0.03 sen per CLMT Unit is non-taxable in the hands of Unitholders).

Accordingly, under the DRP, Unitholders would have the option to elect to reinvest their income distribution in whole or in part in new CLMT Units instead of receiving them in cash. If the Unitholder elects not to participate in the DRP, then the Electable Portion will be paid wholly in cash.

 

This announcement is dated 22 July 2022.




Announcement Info

Company Name CAPITALAND MALAYSIA TRUST
Stock Name CLMT
Date Announced 22 Jul 2022
Category General Announcement for PLC
Reference Number GA1-20072022-00046