Capital Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
PARAGON REIT MANAGEMENT PTE. LTD.
Security
PARAGON REIT - SG2G02994595 - SK6U

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
15-Aug-2024 17:41:05
Status
New
Corporate Action Reference
SG240815CAPD49AB
Submitted By (Co./ Ind. Name)
Huang Jinyang Brent
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Financial Year End
31/12/2024

Event Narrative

Narrative Type
Narrative Text
Additional TextThe Notice of Books Closure Date and Distribution Payment Date Announcement for the Special Distribution is as attached.
Taxation ConditionsPlease refer to the attached announcement. 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 the capital distribution will be applied to reduce the cost base of their Units for Singapore income tax purposes.

Event Dates

Record Date
28/08/2024
Ex Date
27/08/2024

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.0185
Net Rate (per share)
SGD 0.0185
Pay Date
07/10/2024
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities