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Announcements
Notice Of Books Closure And Distribution Payment Date - Capital Component
BackAug 03, 2020
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Aug 3, 2020 7:03 |
| Status | New |
| Corporate Action Reference | SG200803CAPDNL1D |
| Submitted By (Co./ Ind. Name) | Jill Smith |
| Designation | Chief Executive Officer |
| Dividend/ Distribution Number | Applicable |
| Value | 10 |
| Financial Year End | 31/12/2020 |
| Dividend/ Distribution Period | 01/01/2020 TO 30/06/2020 |
| Number of Days | 182 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Manulife US REIT has announced the distribution of 3.05 cents (USD) per unit for the period from 1 January 2020 to 30 June 2020 which comprises two components: (a) distribution out of tax-exempt income of 1.99 cent (USD); and (b) distribution out of capital of 1.06 cent (USD). 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 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 Thursday, 3 September 2020. |
| Taxation Conditions | To ensure the forms can be validated by 3 September 2020, Unitholders are reminded to submit the completed tax forms to Manulife US REIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte Ltd, no less than seven (7) calendar days before the validation deadline of 3 September 2020. |
| Event Dates | |
| Record Date and Time | 12/08/2020 17:00:00 |
| Ex Date | 11/08/2020 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | USD 0.0106 |
| Net Rate (per share) | USD 0.0106 |
| Pay Date | 25/09/2020 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 291,393 bytes)