Newsroom
Announcements
Notice Of Books Closure And Distribution Payment Date - Capital Component
BackFeb 05, 2020
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Feb 5, 2020 7:52 |
| Status | New |
| Corporate Action Reference | SG200205CAPDA6JN |
| Submitted By (Co./ Ind. Name) | Jill Smith |
| Designation | Chief Executive Officer |
| Dividend/ Distribution Number | Applicable |
| Value | 9 |
| Financial Year End | 31/12/2019 |
| Dividend/ Distribution Period | 30/09/2019 TO 31/12/2019 |
| Number of Days | 93 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Manulife US REIT has announced the distribution of 1.45 cents (USD) per unit for the period from 30 September 2019 to 31 December 2019 which comprises two components: (a) distribution out of tax-exempt income of 1.00 cent (USD); and (b) distribution out of capital of 0.45 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 Friday, 6 March 2020. |
| Taxation Conditions | To ensure the forms can be validated by 6 March 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 6 March 2020. |
| Event Dates | |
| Record Date and Time | 13/02/2020 17:00:00 |
| Ex Date | 12/02/2020 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | USD 0.0045 |
| Net Rate (per share) | USD 0.0045 |
| Pay Date | 27/03/2020 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
|
Attachments
- Attachment 1 (Size: 124,897 bytes)