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Notice To Unitholders On Exchange Rate For Computation Of Distribution In U.S. Dollars - Tax-Exempt Income Component

BackAug 16, 2021
Announcement Title Scrip Election/ Distribution/ DRP
Date & Time of Broadcast Aug 16, 2021 17:30
Status Replace
Corporate Action Reference SG210628DVOPRUN8
Submitted By (Co./ Ind. Name) Ngiam May Ling
Designation Company Secretary
Dividend/ Distribution Number Applicable
Value 4
Dividend/ Distribution Type Interim
Financial Year End 31/12/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit) USD 0.0221
Dividend/ Distribution Period 01/01/2021 TO 05/07/2021
Number of Days 186
Event Narrative
Narrative Type Narrative Text
Taxation Conditions The tax-exempt income component is exempt from tax in the hands of all Unitholders. No tax will be deducted at source from this component.
Taxation Conditions Unitholders who do not submit required U.S. tax forms completely and accurately by Tuesday, 27 July 2021, will be subject to an effective withholding tax of 32.24% on the tax-exempt income distribution.
Additional Text Please refer to the attached announcement on the exchange rate of US$1 = S$1.3544, being the buy rate for Singapore dollars on 16 August 2021, pursuant to the Distribution Reinvestment Plan for the Distribution Period from 1 January 2021 to 5 July 2021.
Event Dates
Record Date and Time 05/07/2021 17:00:00
Ex Date 02/07/2021
Option 1-Cash Payment Details
Election Period 13/07/2021 TO 27/07/2021
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) USD 0.0221
Net Rate (Per Share) USD 0.0221
Pay Date 20/08/2021
Gross Rate Status Actual Rate
Currency Pair SGD/USD
Exchange Rate 1.3544
Gross Rate in Option Currency SGD 0.029932
Option 2-Cash Payment Details
Election Period 13/07/2021 TO 27/07/2021
Default Option No
Option Currency United States Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) USD 0.0221
Net Rate (Per Share) USD 0.0221
Pay Date 20/08/2021
Gross Rate Status Actual Rate
Security Option Details
Election Period 13/07/2021 TO 27/07/2021
New Security ISIN SGXC75818630
New Security Name PRIME US REIT
Security Not Found No
Fractional Disposition Method Round down fraction to last full unit
Issue/ Reinvestment Price USD 0.832
Security Credit Date 20/08/2021

Applicable for REITs/ Business Trusts/ Stapled Securities

Attachments

  1. Attachment 1 (Size: 129,205 bytes)

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