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
22-Jan-2020 17:52:56
Status
New
Corporate Action Reference
SG200122CAPDRPZQ
Submitted By (Co./ Ind. Name)
Roy Teo
Designation
Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Financial Year End
31/12/2019
Dividend/ Distribution Period
01/10/2019 TO 31/12/2019
Number of Days
92

Event Narrative

Narrative Type
Narrative Text
Additional TextSoilbuild REIT's distribution of 0.925 cents per Unit for the period 1 October 2019 to 31 December 2019 comprising:-
(1) taxable income distribution of 0.807 cents per Unit; and
(2) capital distribution of 0.118 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.
Additional TextPlease refer to the attached announcement for details.

Event Dates

Record Date and Time
31/01/2020 17:00:00
Ex Date
30/01/2020

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.00118
Net Rate (per share)
SGD 0.00118
Pay Date
28/02/2020
Gross Rate Status
Actual Rate

Attachments

SB REIT 4QFY2019 BCD.pdf
Total size =128K

Applicable for REITs/ Business Trusts/ Stapled Securities