News
Notice To Unitholders On Exchange Rate For Computation Of Distribution In U.S. Dollars - Capital Component
BackMar 25, 2020
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Mar 25, 2020 18:25 |
| Status | Replace |
| Corporate Action Reference | SG200214CAPDW4M2 |
| Submitted By (Co./ Ind. Name) | Tan Lay Hong |
| Designation | Company Secretary |
| Dividend/ Distribution Number | Applicable |
| Value | 1 |
| Financial Year End | 31/12/2019 |
| Dividend/ Distribution Period | 01/01/2020 TO 20/02/2020 |
| Number of Days | 51 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Subsequent to the announcement of Notice of Books Closure and Distribution Payment Date on 12 February 2020, a Notice to Unitholders on the exchange rate for the computation of the distribution is attached. |
| Additional Text | Prime US REIT has announced the distribution of US 3.15 cents per unit for the period from 19 July 2019 (listing date) to 31 December 2019 which comprises two components: (a) distribution out of tax-exempt income of US 2.00 cents; and (b) distribution out of capital of US 1.15 cents. |
| Additional Text | An Advance Distribution is estimated to be US 0.96 cents for the period from 1 January 2020 to 20 February 2020, being the date immediately prior to the date on which the new units in Prime US REIT are issued in connection with the Private Placement. |
| Event Dates | |
| Record Date and Time | 20/02/2020 17:00:00 |
| Ex Date | 19/02/2020 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | USD 0.0096 |
| Net Rate (per share) | USD 0.0096 |
| Pay Date | 30/03/2020 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 106,199 bytes)