News
Notice To Unitholders On Exchange Rate For Computation Of Distribution In U.S. Dollars - Capital Component
BackAug 16, 2021
| Announcement Title | Scrip Election/ Distribution/ DRP |
| Date & Time of Broadcast | Aug 16, 2021 17:32 |
| Status | Replace |
| Corporate Action Reference | SG210628DVOPQNTT |
| 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 0.0121 |
| Dividend/ Distribution Period | 01/01/2021 TO 05/07/2021 |
| Number of Days | 186 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Taxation Conditions | The capital component of the Distribution represents a return of capital to Unitholders for Singapore income tax purposes and is therefore not subject to Singapore income tax. |
| 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 |
| Cash Payment Details | |
| Election Period | 13/07/2021 TO 27/07/2021 |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Tax Not Applicable |
| Gross Rate (Per Share) | USD 0.0121 |
| Net Rate (Per Share) | USD 0.0121 |
| Pay Date | 20/08/2021 |
| Gross Rate Status | Actual Rate |
| Currency Pair | SGD/USD |
| Exchange Rate | 1.3544 |
| Gross Rate in Option Currency | SGD 0.016388 |
| 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 |
| Issue/ Reinvestment Price | USD 0.832 |
| Security Credit Date | 20/08/2021 |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 129,205 bytes)