Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
UNITED HAMPSHIRE US REIT MANAGEMENT PTE. LTD.
Security
UNITED HAMPSHIRE US REIT - SGXC39411175 - ODBU

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
19-Feb-2025 17:16:53
Status
New
Corporate Action Reference
SG250219DVOP2PK1
Submitted By (Co./ Ind. Name)
Winnie Yap
Designation
Chief Financial Officer
Dividend/ Distribution Number
Applicable
Value
11
Dividend/ Distribution Type
Final
Financial Year End
31/12/2024
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.0129
Dividend/ Distribution Period
01/07/2024 TO 31/12/2024
Number of Days
184

Event Narrative

Narrative Type
Narrative Text
Additional TextUnited Hampshire US REIT is pleased to announce the distribution of US 2.05 cents per unit for the period from 1 July 2024 to 31 December 2024 which comprises 2 components:

(a) Distribution out of tax-exempt income of US 1.29 cents per unit, and;
(b) Distribution out of capital of US 0.76 cents per unit.
Additional TextUnited Hampshire US REIT Management Pte. Ltd., as manager of United Hampshire US REIT, has determined that the distribution reinvestment plan (DRP) will apply to the above distribution.

Please refer to the attached Notice of Record Date and Application of DRP announcement.
Taxation ConditionsThe tax-exempt income component is exempt from Singapore income tax in the hands of all Unitholders. No Singapore withholding tax will be deducted at source from this income.
Taxation ConditionsUnitholders who do not submit required U.S. tax forms completely and accurately will be subject to an effective withholding tax of 37.9732% on the tax-exempt income distribution.
Additional TextUnitholders are reminded to submit the completed tax forms to United Hampshire US REIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte Ltd by Tuesday, 18 March 2025.

Event Dates

Record Date
27/02/2025
Ex Date
26/02/2025

Option 1-Cash Payment Details

Election Period
06/03/2025 TO 18/03/2025
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.0129
Net Rate (Per Share)
USD 0.0129
Pay Date
28/03/2025
Gross Rate Status
Indicative Rate
Currency Pair
SGD/USD

Option 2-Cash Payment Details

Election Period
06/03/2025 TO 18/03/2025
Default Option
No
Option Currency
United States Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.0129
Net Rate (Per Share)
USD 0.0129
Pay Date
28/03/2025
Gross Rate Status
Indicative Rate

Security Option Details

Election Period
06/03/2025 TO 18/03/2025
New Security ISIN
SGXC39411175
New Security Name
UNITED HAMPSHIRE US REIT
Security Not Found
No
Fractional Disposition Method
Round down fraction to last full unit
Security Credit Date
28/03/2025

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities