- Narrative Type
| - Narrative Text
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| 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 tax-exempt income component is exempt from tax in the hands of all Unitholders. No tax will be deducted at source from this component. |
| Taxation Conditions | Unitholders who do not submit required U.S. tax forms completely and accurately by Tuesday, 12 March 2024, will be subject to withholding tax of 32.74% on the Distribution. |
| Additional Text | Please refer to the attached announcement on the exchange rate of US$1 = S$1.3405, being the buy rate for Singapore dollars on 27 March 2024. For unitholders of Prime US REIT who have not opted to receive their distribution in U.S. dollars, the amount of distribution to be paid in Singapore dollars will be computed based on this exchange rate. |