Viva Industrial Trust announces 'clean-up' DPS of 1.692 cents on delisting day

Viva Industrial Trust stapled securities will be delisted on Monday, Oct 22.
Viva Industrial Trust stapled securities will be delisted on Monday, Oct 22.PHOTO: VIVA INDUSTRIAL TRUST

SINGAPORE - Viva Industrial Trust (VIT) has announced a "clean-up" distribution per stapled security (DPS) of 1.692 cents before its delisting and merger with ESR-Reit (real estate investment trust).

In a press statement, 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 cents on Oct 19.