Notice To Unitholders On Exchange Rate For Computation Of Distribution In Pounds
BackMar 20, 2024
| Announcement Title | Scrip Election/ Distribution/ DRP |
| Date & Time of Broadcast | Mar 20, 2024 18:39 |
| Status | Replace |
| Corporate Action Reference | SG240219DVOPCO9H |
| Submitted By (Co./ Ind. Name) | Liaw Liang Huat Joshua |
| Designation | CEO |
| Dividend/ Distribution Number | Applicable |
| Value | 9 |
| Dividend/ Distribution Type | Interim |
| Financial Year End | 31/12/2023 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | GBP 0.0133 |
| Dividend/ Distribution Period | 01/07/2023 TO 31/12/2023 |
| Number of Days | 184 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Subsequent to the announcement on Notice of Record and Distribution Payment Date released on 19 February 2024, please refer to the attached Notice to Unitholders on Exchange Rate for Computation of Distribution in Pounds. |
| Additional Text | Elite Commercial REIT has announced a distribution of GBP 1.33 pence per unit for the period from 1 July 2023 to 31 December 2023. |
| Taxation Conditions | The Distribution will be out of tax-exempt income and therefore exempt from Singapore income tax in the hands of all Unitholders. |
| Additional Text | Please refer to the attached. |
| Event Dates | |
| Record Date | 27/02/2024 |
| Ex Date | 26/02/2024 |
| Option 1-Cash Payment Details | |
| Election Period | 07/03/2024 TO 15/03/2024 |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | GBP 0.0133 |
| Net Rate (Per Share) | GBP 0.0133 |
| Pay Date | 28/03/2024 |
| Gross Rate Status | Actual Rate |
| Currency Pair | SGD/GBP |
| Exchange Rate | 1.7077 |
| Gross Rate in Option Currency | SGD 0.022712 |
| Option 2-Cash Payment Details | |
| Election Period | 07/03/2024 TO 15/03/2024 |
| Default Option | No |
| Option Currency | United Kingdom Pound |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | GBP 0.0133 |
| Net Rate (Per Share) | GBP 0.0133 |
| Pay Date | 28/03/2024 |
| Gross Rate Status | Actual Rate |
| Security Option Details | |
| Election Period | 07/03/2024 TO 15/03/2024 |
| New Security ISIN | SGXC59097235 |
| New Security Name | ELITE COMMERCIAL REIT |
| Security Not Found | No |
| Fractional Disposition Method | Round down fraction to last full unit |
| Issue/ Reinvestment Price | GBP 0.2608 |
| Security Credit Date | 28/03/2024 |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 117,322 bytes)
