Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
SB REIT MANAGEMENT PTE. LTD.
Security
SOILBUILD BUSINESS SPACE REIT - SG2G07995670 - SV3U

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
16-Apr-2020 18:42:56
Status
New
Corporate Action Reference
SG200416CAPD5U57
Submitted By (Co./ Ind. Name)
Roy Teo
Designation
Chief Executive Officer
Dividend/ Distribution Number
Applicable
Value
28
Financial Year End
31/12/2020
Dividend/ Distribution Period
01/01/2020 TO 31/03/2020
Number of Days
91

Event Narrative

Narrative Type
Narrative Text
Additional TextSoilbuild REIT's distribution of 0.883 cents per Unit for the period from 1 January 2020 to 31 March 2020 comprises:-
(1) taxable income distribution of 0.773 cents per Unit; and
(2) capital distribution of 0.110 cents per Unit.
Taxation ConditionsThe Capital distribution is treated as a return of capital to Unitholders for Singapore income tax purpose and is therefore not subject to Singapore 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.

Event Dates

Record Date and Time
24/04/2020 17:00:00
Ex Date
23/04/2020

Disbursement Details

Cash Payment Details
Payment Type
Tax Exempted
Gross Rate (per share)
SGD 0.0011
Net Rate (per share)
SGD 0.0011
Pay Date
22/05/2020
Gross Rate Status
Actual Rate

Attachments

SB REIT 1Q20 BCD.pdf
Total size =124K

Applicable for REITs/ Business Trusts/ Stapled Securities