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 Text	Prime 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 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.

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

Prime US REIT - Distribution and Issuance Announcement 21 Feb 2024.pdf

Prime US REIT - Notice of Record Date Announcement 2H2023 23 Feb 2024.pdf

Total size =546K

Related Announcements

Related Announcements: 27/03/2024 07:44:11
21/02/2024 23:10:22

Applicable for REITs/ Business Trusts/ Stapled Securities