Notice Of Books Closure And Distribution Payment Date - Tax-Exempt Income Component

BackAug 03, 2020

Announcement Title Cash Dividend/ Distribution
Date & Time of Broadcast Aug 3, 2020 7:04
Status New
Corporate Action Reference SG200803DVCA6QPW
Submitted By (Co./ Ind. Name) Jill Smith
Designation Chief Executive Officer
Dividend/ Distribution Number Applicable
Value 10
Dividend/ Distribution Type Interim
Financial Year End 31/12/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit) USD 0.0199
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 tax-exempt income component is exempt from tax in the hands of all Unitholders. No tax will be deducted at source from this component.
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
Option 1-Cash Payment Details
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) USD 0.0199
Net Rate (Per Share) USD 0.0199
Pay Date 25/09/2020
Gross Rate Status Actual Rate
Currency Pair SGD/USD
Option 2-Cash Payment Details
Default Option No
Option Currency United States Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) USD 0.0199
Net Rate (Per Share) USD 0.0199
Pay Date 25/09/2020
Gross Rate Status Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities

Attachments

  1. Attachment 1 (Size: 291,393 bytes)