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Announcements
Notice Of Books Closure And Distribution Payment Date - Capital Component
BackFeb 06, 2018
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Feb 6, 2018 7:28 |
| Status | New |
| Corporate Action Reference | SG180206CAPDR9ZZ |
| Submitted By (Co./ Ind. Name) | Jill Smith |
| Designation | Chief Executive Officer |
| Dividend/ Distribution Number | Applicable |
| Value | 3 |
| Financial Year End | 31/12/2017 |
| Dividend/ Distribution Period | 29/06/2017 TO 31/12/2017 |
| Number of Days | 186 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text |
Manulife US REIT has announced the distribution of 2.57 cents (USD) per unit for the period from 29 June 2017 to 31 December 2017 which comprises two components: (a) distribution out of tax-exempt income of 1.35 cents (USD); and (b) distribution out of capital of 1.22 cents (USD). Please refer to attached. |
| 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 will be subject to 30% withholding taxes on the Distribution. The U.S. tax forms are required to be reviewed and validated by the appointed processing agent by Friday, 9 March 2018. |
| Taxation Conditions | To ensure the forms can be validated by 9 March 2018, unitholders are reminded to submit the completed tax forms to Manulife US REIT Unit Registrar (Boardroom Corporate & Advisory Services Pte. Ltd.) no less than seven (7) calendar days before the validation deadline of 9 March 2018. |
| Additional Text |
Sponsorship Statement: DBS Bank Ltd. was the Sole Financial Adviser and Issue Manager for the initial public offering of Manulife US Real Estate Investment Trust (Offering). |
| Additional Text | DBS Bank Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited and Deutsche Bank AG, Singapore Branch were the Joint Bookrunners and Underwriters for the Offering. |
| Event Dates | |
| Record Date and Time | 14/02/2018 17:00:00 |
| Ex Date | 12/02/2018 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | USD 0.0122 |
| Net Rate (per share) | USD 0.0122 |
| Pay Date | 29/03/2018 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 46,165 bytes)