CLMT

0.630

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES CAPITALAND MALAYSIA MALL TRUST ("CMMT") DISTRIBUTION REINVESTMENT PLAN WHICH WILL PROVIDE UNITHOLDERS OF CMMT WITH AN OPTION TO ELECT TO REINVEST THEIR CASH DISTRIBUTION IN NEW UNITS OF CMMT ("DRP")

CAPITALAND MALAYSIA MALL TRUST

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
CAPITALAND MALAYSIA MALL TRUST ("CMMT")

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

On 22 July 2021, the Board of Directors of CapitaLand Malaysia REIT Management Sdn. Bhd. (formerly known as CapitaLand Malaysia Mall REIT Management Sdn. Bhd.) (“CMRM”) (the “Board”), being the Manager of CMMT, had proposed the first income distribution of 0.86 sen per CMMT Unit (of which 0.84 sen per CMMT Unit is taxable and 0.02 sen per CMMT Unit is non-taxable in the hands of CMMT unitholders (“Unitholders”)) for the period from 1 January 2021 to 30 June 2021 (“First Income Distribution”) and determined that the DRP shall apply to the First Income Distribution where the gross electable portion will be the entire 0.86 sen per CMMT Unit (of which 0.84 sen per CMMT Unit is taxable and 0.02 sen per CMMT Unit is non-taxable in the hands of Unitholders) out of the First Income Distribution.

Accordingly, under the DRP, Unitholders would have the option to elect to reinvest their income distribution in whole or in part in new CMMT 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 2021.






Announcement Info

Company Name CAPITALAND MALAYSIA MALL TRUST
Stock Name CMMT
Date Announced 22 Jul 2021
Category General Announcement for PLC
Reference Number GA1-22072021-00064