Viva Industrial Trust announces clean-up DPS of 1.692 S cents

THE managers of Viva Industrial Trust (VIT) have announced a clean-up distribution per stapled security (DPS) of 1.692 Singapore cents, in line with the merger of ESR-Reit (real estate investment trust) and VIT.

In a press statement on Oct 19, VIT said holders of its stapled securities - whose accounts with the Central Depository are credited with stapled securities as at 5pm on Oct 8 - will be entitled to the distribution, which will be paid on or around Nov 9, 2018.

VIT's stapled securities will be delisted on Monday, Oct 22.

ESR-Reit's counter last traded at 49.5 Singapore cents on Oct 19.