Frequency of distribution

Frasers Logistics & Industrial Trust ("FLT") makes distributions to its Unitholders on a semi-annual basis, with the amount calculated as at 31 March and 30 September each year for the six-month period ending on each of the said dates.

Unitholders will receive their Distribution in Singapore dollars, unless they elect to receive their Distribution in Australian dollars by submitting a completed "Currency Election Notice" to CDP.

Latest distribution details & timetable

Distribution Period 21 May 2018 – 30 September 2018
Ex-Date 12 November 2018
Books Closure Date 14 November 2018
Distribution Payment Date 19 December 2018
Distribution per Unit 2.57 Singapore cents(1)(2)
Currency Election for Distribution

Registered unitholders (other than CDP) and unitholders whose Units are held directly through CDP will receive their Distribution in Singapore dollars, unless unitholders elect to receive their Distribution in Australian dollars by submitting a completed "Currency Election Notice" to CDP (as indicated on the Currency Election Notice) by 5.00pm on 12 December 2018.

For the Distribution to be paid in Australian dollars, Frasers Logistics & Industrial Asset Management Pte. Ltd. ("REIT Manager"), as manager of FLT, will make the necessary arrangements to convert the Distribution from Singapore dollars into Australian dollars (taking into account the cost of exchange) at the prevailing market exchange rate. Neither CDP nor the REIT Manager will be liable for any damages or losses suffered by unitholders howsoever arising from the conversion of the Distribution payable to each unitholder from Singapore dollars into Australian dollars. Save for approved depository agents (acting as nominees of their individual customers), each unitholder may elect to receive the Distribution in either Singapore dollars or Australian dollars and will not be able to elect to receive the Distribution in a combination of Singapore dollars and Australian Dollars. No action is needed for unitholders who wish to receive the Distribution in Singapore dollars.

  1. Together with an advanced distribution of 1.01 Singapore cents per unit paid on 7 August 2018 for the period from 1 April 2018 to 20 May 2018 ("Advanced Distribution"), FLT's total distributions for the six-month period from 1 April 2018 to 30 September 2018 amounted to 3.58 Singapore cents per unit. Please refer to the "Details of Advanced Distribution" announcement dated 24 July 2018 for further details
  2. Unitholders will have the option to elect to receive the distribution in A$. The conversion rate will be announced later

Distribution history

Frasers Logistics & Industrial Trust Distribution Per Unit (DPU) in Singapore Cents
Financial Period 20 June to 30 September 2016 First Half
(1 Oct – 31 Mar)
Second Half
(1 Apr – 30 Sep)
Total
FY2017 1.84(3) 3.49 3.52(4) 8.85*
FY2018 3.61 3.58(4)
  1. FLT was listed on the mainboard of the Singapore Exchange Securities Trading Limited on 20 June 2016. FLT's first distribution after the Listing Date is for the period from the Listing Date to 30 September 2016.
  2. Comprises a distribution of 2.57 Singapore cents per unit for the period from 21 May 2018 to 30 September 2018, which will be paid out on 19 December 2018, and an advanced distribution of 1.01 Singapore cents per unit for the period from 1 April 2018 to 20 May 2018, which was paid on 7 August 2018.

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