Withdraw - Notice Of Record And Distribution Payment Date - Capital Distribution
BackFeb 02, 2021
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Feb 2, 2021 17:45 |
| Status | Withdraw |
| Corporate Action Reference | SG210201CAPDPKYU |
| Submitted By (Co./ Ind. Name) | Shaldine Wang |
| Designation | CEO |
| Dividend/ Distribution Number | Not Applicable |
| 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 | Elite Commercial REIT has announced a distribution of GBP 2.49 pence per unit for the period from 1 July 2020 to 31 December 2020. |
| Taxation Conditions | The Distribution will be out of capital which represents a return of capital to Unitholders for Singapore income tax purposes and therefore exempt from Singapore income tax in the hands of all Unitholders. |
| Additional Text | Please refer to the attached. |
| Additional Text | Oversea-Chinese Banking Corporation Limited ("OCBC") and UBS AG, Singapore Branch ("UBS") are the joint issue managers for the Offering. |
| Additional Text | OCBC, UBS, CGS-CIMB Securities (Singapore) Pte. Ltd. and China International Capital Corporation (Singapore) Pte. Limited are the joint bookrunners and underwriters for the Offering (collectively, the "Joint Bookrunners"). |
| Event Dates | |
| Record Date and Time | 11/02/2021 12:00:00 |
| Ex Date | 10/02/2021 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Exempted |
| Gross Rate (per share) | GBP 0.0249 |
| Net Rate (per share) | GBP 0.0249 |
| Pay Date | 19/03/2021 |
| Gross Rate Status | Actual Rate |
| Reason(s) for Withdrawal | |
| Reason(s) for Withdrawal | Due to multiple currency option of the REIT's distribution, the cash dividend/distribution template is used for the said purpose. There is no change in the contents of the intended capital distribution and record date of the REIT's distribution as announced previously on 1 February 2021. |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 111,749 bytes)
