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
23-Jul-2020 17:25:08
Status
New
Corporate Action Reference
SG200723DVCA5MCR
Submitted By (Co./ Ind. Name)
Mary Judith de Souza
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
62
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0004
Dividend/ Distribution Period
01/01/2020 TO 30/06/2020
Number of Days
182

Event Narrative

Narrative Type
Narrative Text
Additional TextAscendas Reit's distribution of 7.270 cents per Unit in Ascendas Reit stock counter for the period from 1 January 2020 to 30 June 2020 comprising:-

(1) taxable income distribution of 5.910 cents per Unit;
(2) tax-exempt income distribution of 0.040 cents per Unit; and
(3) capital distribution of 1.320 cents per Unit.
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
03/08/2020 17:00:00
Ex Date
30/07/2020

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.0004
Net Rate (Per Share)
SGD 0.0004
Pay Date
27/08/2020
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities