Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
ASCENDAS HOSPITALITY FUND MANAGEMENT PTE. LTD.
Security
ASCENDAS HOSPITALITY TRUST - SG2F05983695 - Q1P

Other Issuer(s) for Stapled Security

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
09-Nov-2016 17:56:39
Status
New
Corporate Action Reference
SG161109CAPDLQB0
Submitted By (Co./ Ind. Name)
Ms Mary Judith de Souza
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
31/03/2017
Dividend/ Distribution Period
01/04/2016 TO 30/09/2016
Number of Days
183

Event Narrative

Narrative Type
Narrative Text
Additional TextA-HTRUST's distribution of S$0.0267 per Stapled Security for the period from 1 April 2016 to 30 September 2016, comprises:
(i) Taxable income distribution of S$0.0047 per Stapled Security
(ii) Capital distribution of S$0.0037 per Stapled Security
(iii) Tax-exempt income distribution of S$0.0183 per Stapled Security
Taxation ConditionsThe Capital Distribution represents a return of capital to Stapled Securityholders for Singapore income tax purposes and is therefore not subject to Singapore income tax. For Stapled Securityholders who are liable to Singapore income tax on profits from sale of Stapled Securities, the amount of Capital Distribution will be applied to reduce the cost base of their Stapled Securities for Singapore income tax purposes.

Event Dates

Record Date and Time
17/11/2016 17:00:00
Ex Date
15/11/2016

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0037
Net Rate (per share)
SGD 0.0037
Pay Date
15/12/2016
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities