Newsroom
Announcements
Notice Of Books Closure And Distribution Payment Date - Capital Component
BackAug 04, 2022
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Aug 4, 2022 7:23 |
| Status | New |
| Corporate Action Reference | SG220804CAPD7XGJ |
| Submitted By (Co./ Ind. Name) | William D. Gantt III |
| Designation | Chief Executive Officer |
| Dividend/ Distribution Number | Applicable |
| Value | 15 |
| Financial Year End | 31/12/2022 |
| Dividend/ Distribution Period | 01/01/2022 TO 30/06/2022 |
| Number of Days | 181 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Manulife US REIT has announced the distribution of US 2.61 cents per unit for the period from 1 January 2022 to 30 June 2022 which comprise two components: (a) distribution out of tax-exempt income of US 2.21 cent; and (b) distribution out of capital of US 0.40 cent. Please refer to the 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 an effective withholding tax of 30.626% on the tax-exempt income component. The U.S. tax forms are required to be reviewed and validated by the appointed processing agent by Monday, 5 September 2022. |
| Taxation Conditions | To ensure the forms can be validated by Monday, 5 September 2022, Unitholders are reminded to submit the completed tax forms to Manulife US REIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte. Ltd. by Monday, 29 August 2022. |
| Event Dates | |
| Record Date and Time | 15/08/2022 17:00:00 |
| Ex Date | 12/08/2022 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | USD 0.004 |
| Net Rate (per share) | USD 0.004 |
| Pay Date | 27/09/2022 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
|
Attachments
- Attachment 1 (Size: 166,051 bytes)