Notice Of Record And Advanced Distribution Payment Date
BackFeb 26, 2021
| Announcement Title | Cash Dividend/ Distribution |
| Date & Time of Broadcast | Feb 26, 2021 19:12 |
| Status | New |
| Corporate Action Reference | SG210226DVCA8932 |
| Submitted By (Co./ Ind. Name) | Shaldine Wang |
| Designation | CEO |
| Dividend/ Distribution Number | Not Applicable |
| Dividend/ Distribution Type | Interim |
| Financial Year End | 31/12/2021 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | GBP 0.009 |
| Dividend/ Distribution Period | 01/01/2021 TO 08/03/2021 |
| Number of Days | 67 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Elite Commercial REIT has announced the Advanced Distribution of GBP 0.90 pence per unit for the period from 1 January 2021 to the date immediately prior to the date on which the Consideration Units are issued. |
| Taxation Conditions | The Advanced 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. |
| Additional Text | Oversea-Chinese Banking Corporation Limited and UBS AG, Singapore Branch are the joint issue managers for the initial public offering of units in Elite Commercial REIT (collectively, the "Joint Issue Managers"). |
| Additional Text | Oversea-Chinese Banking Corporation Limited, UBS AG, Singapore Branch, CGS-CIMB Securities (Singapore) Pte. Ltd. and China International Capital Corporation (Singapore) Pte. Limited are the joint bookrunners and underwriters for the initial public offering of units in Elite Commercial REIT (collectively, the "Joint Bookrunners and Underwriters"). |
| Event Dates | |
| Record Date and Time | 08/03/2021 17:00:00 |
| Ex Date | 05/03/2021 |
| Option 1-Cash Payment Details | |
| Election Period | 19/03/2021 TO 30/03/2021 |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | GBP 0.009 |
| Net Rate (Per Share) | GBP 0.009 |
| Pay Date | 15/04/2021 |
| Gross Rate Status | Actual Rate |
| Currency Pair | SGD/GBP |
| Option 2-Cash Payment Details | |
| Election Period | 19/03/2021 TO 30/03/2021 |
| Default Option | No |
| Option Currency | United Kingdom Pound |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | GBP 0.009 |
| Net Rate (Per Share) | GBP 0.009 |
| Pay Date | 15/04/2021 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 157,937 bytes)
