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Notice Of Books Closure And Distribution Payment Date - Capital Component
BackFeb 13, 2017
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Feb 13, 2017 8:08 |
| Status | New |
| Corporate Action Reference | SG170213CAPD9A12 |
| Submitted By (Co./ Ind. Name) | Jill Smith |
| Designation | Chief Executive Officer |
| Dividend/ Distribution Number | Applicable |
| Value | 1 |
| Financial Year End | 31/12/2016 |
| Dividend/ Distribution Period | 20/05/2016 TO 31/12/2016 |
| Number of Days | 226 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Manulife US REIT has announced the distribution of 3.55 cents (USD) per unit for the period from 20 May 2016 to 31 Dec 2016 which comprises two components: (a) distribution out of tax-exempt income of 1.92 cents (USD); and (b) distribution out of capital of 1.63 cents (USD). 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. Unitholders who do not submit required US tax forms completely and accurately by Monday, 15 March 2017 date will be subject to 30% withholding taxes on the Distribution. |
| 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 | 21/02/2017 17:00:00 |
| Ex Date | 17/02/2017 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | USD 0.0163 |
| Net Rate (per share) | USD 0.0163 |
| Pay Date | 30/03/2017 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
|
Attachments
- Attachment 1 (Size: 42,940 bytes)