News
Notice Of Record And Distribution Payment Date - Capital Component
BackFeb 17, 2021
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Feb 17, 2021 18:20 |
| Status | New |
| Corporate Action Reference | SG210217CAPDJI6B |
| Submitted By (Co./ Ind. Name) | Ngiam May Ling |
| Designation | Company Secretary |
| Dividend/ Distribution Number | Applicable |
| Value | 1 |
| Financial Year End | 31/12/2020 |
| Dividend/ Distribution Period | 01/07/2020 TO 31/12/2020 |
| Number of Days | 184 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Prime US REIT is pleased to announce the distribution of US 3.42 cents per unit for the period from 1 July 2020 to 31 December 2020 which comprises two components: (a) distribution out of tax-exempt income of US 2.39 cents; and (b) distribution out of capital of US 1.03 cents per unit. Please refer to attachment. |
| 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 completed and accurately by Wednesday, 10 March 2020, will be subject to 30% withholding taxes on the Distribution. |
| Event Dates | |
| Record Date and Time | 25/02/2021 17:00:00 |
| Ex Date | 24/02/2021 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | USD 0.0103 |
| Net Rate (per share) | USD 0.0103 |
| Pay Date | 30/03/2021 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 115,325 bytes)