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

Attachments

  1. Attachment 1 (Size: 46,165 bytes)