Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
ASCENDAS FUNDS MANAGEMENT (S) LIMITED
Security
ASCENDAS REAL ESTATE INV TRUST - SG1M77906915 - A17U

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
10-Nov-2020 08:40:11
Status
New
Corporate Action Reference
SG201110DVCAC7KW
Submitted By (Co./ Ind. Name)
Mary Judith de Souza
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
63
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0007
Dividend/ Distribution Period
01/07/2020 TO 18/11/2020
Number of Days
141

Event Narrative

Narrative Type
Narrative Text
Additional TextAdvanced Distribution of 5.74 cents per unit in Ascendas Real Estate Investment Trust ("Unit") for the period from 1 July 2020 to 18 November 2020 (comprising of taxable income component of 4.64 cents, a tax-exempt component of 0.07 cents and capital distribution component of 1.03 cents).
Additional TextThe actual quantum of the distribution per Unit under the Advanced Distribution (which may differ from the estimate above) will be announced on a later date.
Taxation ConditionsThe Tax-Exempt Income Distribution is exempt from tax in the hands of all Unitholders, regardless of their nationality, corporate identity or tax residence status. Unitholders are not entitled to tax credits for any taxes paid by the trustee of Ascendas Reit on the income of Ascendas Reit against their Singapore income tax liability.
Additional TextPlease refer to the attachment for details.

Event Dates

Record Date and Time
18/11/2020 17:00:00
Ex Date
17/11/2020

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.0007
Net Rate (Per Share)
SGD 0.0007
Pay Date
11/12/2020
Gross Rate Status
Actual Rate

Attachments

Related Announcements

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26/11/2020 17:50:56

Applicable for REITs/ Business Trusts/ Stapled Securities