Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
SASSEUR ASSET MANAGEMENT PTE. LTD.
Security
SASSEUR REIT - SG1ED2000000 - CRPU

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
10-Nov-2023 07:28:47
Status
New
Corporate Action Reference
SG231110CAPDD8Y6
Submitted By (Co./ Ind. Name)
Tan Hong Lye, Cecilia
Designation
Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Period
01/07/2023 TO 30/09/2023
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Taxation ConditionsCapital distribution represents a return of capital to Unitholders for Singapore income tax purpose. The amount of capital distribution will reduce the cost of Sasseur REIT Units for Singapore income tax purposes. For Unitholders who are liable to Singapore income tax on profits from sale of Units, the reduced cost base of their Units will be used to calculate the taxable trading gains when the Units are disposed of.
Additional TextPlease refer to the attachment.

Event Dates

Record Date and Time
11/12/2023 17:00:00
Ex Date
08/12/2023

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.00055
Net Rate (per share)
SGD 0.00055
Pay Date
27/12/2023
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities