News
Notice Of Record And Dividend Payment Dates - Capital Distribution
BackFeb 26, 2021
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Feb 26, 2021 17:38 |
| Status | New |
| Corporate Action Reference | SG210226CAPDCCSG |
| Submitted By (Co./ Ind. Name) | Winnie Yap |
| Designation | Finance Director |
| Dividend/ Distribution Number | Applicable |
| Value | 2 |
| Financial Year End | 31/12/2020 |
| Dividend/ Distribution Period | 01/07/2020 TO 31/12/2020 |
| Number of Days | 184 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | United Hampshire US Real Estate Investment Trust has announced the distribution of US 3.03 cents per unit for the period from 1 July 2020 to 31 December 2020 (the Distribution ) comprising: (a) tax-exempt income distribution of US 2.06 cents per Unit; and (b) capital distribution of US 0.97 cents per Unit. Please refer to the attached for details. |
| 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. For Unitholders who are liable to Singapore income tax on profits from sale of Units, the amount of capital distribution will be applied to reduce the cost base of their Units for Singapore income tax purposes. |
| Taxation Conditions | Unitholders who do not submit required U.S. tax forms completely and accurately will be subject to 30% U.S. withholding taxes on the Distribution. The U.S. tax forms are required to be reviewed and validated by the appointed processing agent by 18 March 2021. |
| Taxation Conditions | To ensure the forms can be validated by 18 March 2021, Unitholders are reminded to submit the completed tax forms to UHREIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte. Ltd. before the validation deadline by 16 March 2021. |
| Event Dates | |
| Record Date and Time | 08/03/2021 17:00:00 |
| Ex Date | 05/03/2021 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | USD 0.0097 |
| Net Rate (per share) | USD 0.0097 |
| Pay Date | 31/03/2021 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 118,164 bytes)
