Notice To Unitholders On Exchange Rate For Computation Of Distribution In U.S. Dollars - Capital Component

BackMar 27, 2018

Announcement Title Capital Distribution
Date & Time of Broadcast Mar 27, 2018 18:08
Status Replace
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 Subsequent to the announcement on the Notice of Books Disclosure and Distribution Payment Date on 6 February 2018, a Notice to Unitholders on the exchange rate for the computation of distribution is attached.
Additional Text

Manulife US REIT had announced on 6 February 2018 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).

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.
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: 25,789 bytes)