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
  1. Attachment 1 (Size: 42,940 bytes)