REPL::Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
PRIME US REIT MANAGEMENT PTE. LTD.
Security
PRIME US REIT - SGXC75818630 - OXMU

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
23-Feb-2024 20:52:37
Status
Replacement
Corporate Action Reference
SG240221CAPD6HZF
Submitted By (Co./ Ind. Name)
LUN CHEE LEONG
Designation
COMPANY SECRETARY
Dividend/ Distribution Number
Applicable
Value
9
Financial Year End
31/12/2023
Dividend/ Distribution Period
01/07/2023 TO 31/12/2023
Number of Days
184

Event Narrative

Narrative Type
Narrative Text
Additional TextPrime US REIT is pleased to announce the distribution of US 0.25 cents per unit for the period from 1 July 2023 to 31 December 2023 which comprises two components:

(a) distribution out of tax-exempt income of US 0.20 cents per Unit; and
(b) distribution out of capital of US 0.05 cents per Unit.
Taxation ConditionsThe 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.

Event Dates

Record Date
04/03/2024
Ex Date
01/03/2024

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
USD 0.0005
Net Rate (per share)
USD 0.0005
Pay Date
28/03/2024
Gross Rate Status
Actual Rate

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities