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Notice Of Books Closure And Distribution Payment Date - Tax-Exempt Income Component
BackFeb 05, 2020
| Announcement Title | Cash Dividend/ Distribution |
| Date & Time of Broadcast | Feb 5, 2020 7:53 |
| Status | New |
| Corporate Action Reference | SG200205DVCAMK4F |
| Submitted By (Co./ Ind. Name) | Jill Smith |
| Designation | Chief Executive Officer |
| Dividend/ Distribution Number | Applicable |
| Value | 9 |
| Dividend/ Distribution Type | Final |
| Financial Year End | 31/12/2019 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | USD 0.01 |
| 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 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 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 |
| Option 1-Cash Payment Details | |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | USD 0.01 |
| Net Rate (Per Share) | USD 0.01 |
| Pay Date | 27/03/2020 |
| 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 0.01 |
| Net Rate (Per Share) | USD 0.01 |
| Pay Date | 27/03/2020 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 124,897 bytes)