News

Clarification Notice To Unitholders On Exchange Rate For Computation Of Distribution In U.S. Dollars

BackMar 29, 2021
Announcement Title Cash Dividend/ Distribution
Date & Time of Broadcast Mar 29, 2021 17:32
Status Replace
Corporate Action Reference SG210217DVCAPQXV
Submitted By (Co./ Ind. Name) Ngiam May Ling
Designation Company Secretary
Dividend/ Distribution Number Applicable
Value 3
Dividend/ Distribution Type Final
Financial Year End 31/12/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit) USD 0.0239
Dividend/ Distribution Period 01/07/2020 TO 31/12/2020
Number of Days 184
Event Narrative
Narrative Type Narrative Text
Additional Text This announcement is to supersede the earlier announcement reference no. SG210217DVCAPQXV released on 24 March 2021 so as to indicate 5 decimal places instead of 4 for the exchange rate disclosed.
Additional Text Subsequent to the announcement of the Notice of Record and Distribution Payment Date on 17 February 2021, a Notice to Unitholders on the exchange rate for the computation of the distribution is attached.
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.
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.
Event Dates
Record Date and Time 25/02/2021 17:00:00
Ex Date 24/02/2021
Option 1-Cash Payment Details
Election Period 01/03/2021 TO 10/03/2021
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) USD 0.0239
Net Rate (Per Share) USD 0.0239
Pay Date 30/03/2021
Gross Rate Status Actual Rate
Currency Pair SGD/USD
Exchange Rate 1.34121
Gross Rate in Option Currency SGD 0.032055
Option 2-Cash Payment Details
Election Period 01/03/2021 TO 10/03/2021
Default Option No
Option Currency United States Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) USD 0.0239
Net Rate (Per Share) USD 0.0239
Pay Date 30/03/2021
Gross Rate Status Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities

Attachments

  1. Attachment 1 (Size: 106,004 bytes)

Back
to Top