News
Notice To Unitholders On Exchange Rate For Computation Of Distribution In U.S. Dollars - Tax-Exempt Income Distribution
BackSep 22, 2022
| Announcement Title | Scrip Election/ Distribution/ DRP |
| Date & Time of Broadcast | Sep 22, 2022 18:21 |
| Status | Replace |
| Corporate Action Reference | SG220812DVOPJK8T |
| Submitted By (Co./ Ind. Name) | Winnie Yap |
| Designation | Finance Director |
| Dividend/ Distribution Number | Applicable |
| Value | 6 |
| Dividend/ Distribution Type | Interim |
| Financial Year End | 31/12/2022 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | USD 0.0189 |
| Dividend/ Distribution Period | 01/01/2022 TO 30/06/2022 |
| Number of Days | 181 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | United Hampshire US REIT is pleased to announce the distribution of US 2.91 cents per unit for the period from 1 January 2022 to 30 June 2022 which comprises two components: (a) Distribution out of tax-exempt income of US 1.89 cents per unit and (b) Distribution out of capital of US 1.02 cents per unit. |
| Additional Text | United Hampshire US REIT Management Pte Ltd, as manager of United Hampshire US REIT, has determined that the distribution reinvestment plan (DRP) will apply to the above distribution. Please refer to the attached Notice of Record Date and Application of DRP announcement. |
| Taxation Conditions | Please refer to the attached announcement for details. |
| Additional Text | Please refer to the attached announcement on the exchange rate of US$1 = S$1.4185, being the buy rate for Singapore dollars on 22 September 2022. For unitholders who have not opted to receive their distribution in U.S. dollars, the amount of distribution to be paid in Singapore dollars will be computed based on this exchange rate.. |
| Event Dates | |
| Record Date and Time | 22/08/2022 17:00:00 |
| Ex Date | 19/08/2022 |
| Cash Payment Details | |
| Election Period | 26/08/2022 TO 08/09/2022 |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | USD 0.0189 |
| Net Rate (Per Share) | USD 0.0189 |
| Pay Date | 28/09/2022 |
| Gross Rate Status | Indicative Rate |
| Currency Pair | SGD/USD |
| Exchange Rate | 1.4185 |
| Gross Rate in Option Currency | SGD 0.02681 |
| Security Option Details | |
| Election Period | 26/08/2022 TO 08/09/2022 |
| New Security ISIN | SGXC39411175 |
| New Security Name | UNITED HAMPSHIRE US REIT |
| Security Not Found | Yes |
| Fractional Disposition Method | Round down fraction to last full unit |
| Issue/ Reinvestment Price | USD 0.587 |
| Security Credit Date | 28/09/2022 |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 117,072 bytes)
