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Notice Of Books Closure And Distribution Payment Date - Distribution Out Of Tax-Exempt Income
BackAug 12, 2021
| Announcement Title | Cash Dividend/ Distribution |
| Date & Time of Broadcast | Aug 12, 2021 7:31 |
| Status | New |
| Corporate Action Reference | SG210812DVCALUKZ |
| Submitted By (Co./ Ind. Name) | Tan Ling Ling |
| Designation | Company Secretary |
| Dividend/ Distribution Number | Applicable |
| Value | 12 |
| Dividend/ Distribution Type | Interim |
| Financial Year End | 31/12/2021 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | USD 0.0218 |
| Dividend/ Distribution Period | 01/01/2021 TO 30/06/2021 |
| Number of Days | 181 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Manulife US REIT has announced the distribution of 2.70 cents (USD) per unit for the period from 1 January 2021 to 30 June 2021 which comprises two components: (a) distribution out of tax-exempt income of 2.18 cent (USD); and (b) distribution out of capital of 0.52 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 Monday, 6 September 2021. |
| Taxation Conditions | To ensure the forms can be validated by Monday, 6 September 2021, unitholders are reminded to submit the completed tax forms to Manulife US REIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte Ltd by Monday, 30 August 2021. |
| Event Dates | |
| Record Date and Time | 20/08/2021 17:00:00 |
| Ex Date | 19/08/2021 |
| Option 1-Cash Payment Details | |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | USD 0.0218 |
| Net Rate (Per Share) | USD 0.0218 |
| Pay Date | 27/09/2021 |
| 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 0.0218 |
| Net Rate (Per Share) | USD 0.0218 |
| Pay Date | 27/09/2021 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 116,427 bytes)