Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
DAIWA HOUSE ASSET MANAGEMENT ASIA PTE. LTD.
Security
DAIWA HOUSE LOGISTICS TRUST A - SGXC49051516 - JEUU

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
23-Feb-2023 08:25:45
Status
New
Corporate Action Reference
SG230223CAPDPI8X
Submitted By (Co./ Ind. Name)
Takeshi Fujita
Designation
Executive Director and CEO
Dividend/ Distribution Number
Not Applicable
Financial Year End
31/12/2022
Dividend/ Distribution Period
08/12/2022 TO 31/12/2022
Number of Days
24

Event Narrative

Narrative Type
Narrative Text
Additional TextDaiwa House Logistics Trust ("DHLT") has announced a distribution of 0.31 cents per Unit for the Units issued pursuant to the Sponsor Subscription trading under the temporary DHLT A stock counter for the period from 8 December 2022 to 31 December 2022.
Taxation ConditionsThe Distribution is wholly a capital distribution which is treated as a return of capital to Unitholders for Singapore income tax purposes and is therefore not subject to income tax. For Unitholders who are liable to Singapore income tax on profits from sale of Units, the amount of capital distribution will be applied to reduce the cost base of their Units for Singapore income tax purposes. No tax will be deducted at source from the Distribution.
Additional TextPlease refer to the attached.
Additional TextDBS Bank Ltd. was the Sole Financial Adviser, and DBS Bank Ltd. and Nomura Singapore Limited were the Joint Issue Managers for the initial public offering of Daiwa House Logistics Trust.

Event Dates

Record Date and Time
03/03/2023 17:00:00
Ex Date
02/03/2023

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0031
Net Rate (per share)
SGD 0.0031
Pay Date
30/03/2023
Gross Rate Status
Actual Rate

Attachments

DHLT - Notice of Record Date and Distribution Payment Date_2H2022.pdf
Total size =93K

Applicable for REITs/ Business Trusts/ Stapled Securities