News

Notice To Unitholders On Exchange Rate For Computation Of Distribution In U.S. Dollars - Tax-Exempt Income Distribution

BackSep 25, 2020
Announcement Title Cash Dividend/ Distribution
Date & Time of Broadcast Sep 25, 2020 17:23
Status New
Corporate Action Reference SG200925DVCAT0XX
Submitted By (Co./ Ind. Name) Winnie Yap
Designation Finance Director
Dividend/ Distribution Number Applicable
Value 1
Dividend/ Distribution Type Interim
Financial Year End 31/12/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit) USD 0.0125
Dividend/ Distribution Period 12/03/2020 TO 30/06/2020
Number of Days 111
Event Narrative
Narrative Type Narrative Text
Additional Text Subsequent to the announcement of the Notice of Record and Distribution Payment Date on 12 August 2020, a Notice to Unitholders on the exchange rate for the computation of the distribution is attached.
Additional Text United Hampshire US Real Estate Investment Trust has announced the distribution of US 1.78 cents per unit for the period from 12 March 2020 to 30 June 2020 (the Distribution ) comprising:

(a) tax-exempt income distribution of 1.25 US cents per Unit; and
(b) capital distribution of 0.53 US cents per Unit.
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.
Event Dates
Record Date and Time 20/08/2020 17:00:00
Ex Date 19/08/2020
Option 1-Cash Payment Details
Election Period 25/08/2020 TO 08/09/2020
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) USD 0.0125
Net Rate (Per Share) USD 0.0125
Pay Date 29/09/2020
Gross Rate Status Actual Rate
Currency Pair SGD/USD
Exchange Rate 1.3735
Gross Rate in Option Currency SGD 0.017169
Option 2-Cash Payment Details
Election Period 25/08/2020 TO 08/09/2020
Default Option No
Option Currency United States Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) USD 0.0125
Net Rate (Per Share) USD 0.0125
Pay Date 29/09/2020
Gross Rate Status Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities

Attachments

  1. Attachment 1 (Size: 100,424 bytes)
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