Download PROPOSED DIVIDEND IN SPECIE OF UNITS IN KEPPEL REIT

PROPOSED DIVIDEND IN SPECIE OF UNITS IN KEPPEL REIT
Unless otherwise defined, all capitalized terms and references used in this announcement shall bear the
meaning ascribed to them in the circular to shareholders dated 7 August 2013 (the “Circular”).
Keppel Corporation Limited (“Company”) wishes to announce that:
(a)
the Central Depository (Pte) Ltd (“CDP”) has informed the Company that the Securities Accounts
of Entitled Shareholders (being Depositors and who are not Overseas Shareholders) have been
credited with Keppel REIT Units at 9 a.m. today; and
(b)
the Unit Registrar and Unit Transfer Office of Keppel REIT, Boardroom Corporate & Advisory
Services Pte. Ltd., has today despatched to each Scrip-based Shareholder a confirmation note
indicating the number of Keppel REIT Units he is entitled to at his address as recorded in the
Register of Members.
Keppel REIT Units which would otherwise have been distributed to Overseas Shareholders pursuant to
the Distribution will be dealt with in the manner described in section 2.3.6(i) of the Circular.
Following the Distribution, the Company’s interest in Keppel REIT has decreased from 49.85%*
(comprising 1,386,769,133 Keppel REIT Units) to 44.65%* (comprising 1,242,176,189 Keppel REIT
Units).
*Based on 2,781,820,171 issued units in the capital of Keppel REIT as at 13 September 2013
Trading of Odd Lots
For the purposes of trading on the Main Board of the SGX-ST, each board lot of Keppel REIT Units will
comprise 1,000 Keppel REIT Units. Entitled Shareholders who receive odd lots of Keppel REIT Units
pursuant to the Distribution should note that a temporary counter for the trading of Keppel REIT Units in
board lot of 1 Keppel REIT Unit has been established for a period of one calendar month from 13
September 2013 (“Concession Period”) for their convenience.
The Company has also arranged for DBS Vickers Securities (S) Pte Ltd, OCBC Securities Private Limited
and UOB Kay Hian Pte Ltd to offer concessionary brokerage rates for the trading in odd lots of Keppel
REIT Units on the temporary odd-lot counter during the Concession Period.
The brokerage fee payable by those who trade on the temporary odd-lot counter during the Concession
Period through the three (3) securities houses above are as follows:
Minimum brokerage fee,
provided the number of
Keppel REIT Units traded in
any one contract does not
exceed 999 Keppel REIT
Units
DBS Vickers
Securities (S) Pte Ltd
OCBC Securities
Private Limited
UOB Kay Hian
Pte Ltd
S$20.00 per contract
(via a broker or the
internet).
S$20.00 per contract
(via a broker or the
internet).
S$20.00 per contract
(via a broker or the
internet).
For trades in lots of 1,000 Keppel REIT Units or higher, the usual brokerage fee applies.
After the Concession Period, Unitholders who hold odd-lots of Keppel REIT Units can continue to trade in
odd-lots on the Unit Share Market of the SGX-ST which allows trading of securities in single units.
By Order of the Board
Caroline Chang / Kenny Lee
Company Secretaries
13 September 2013