REPL::Cash Dividend/ Distribution::Choice
Issuer & Securities
Issuer/ Manager
ARA TRUST MANAGEMENT (USH) PTE. LTD.
Security
ARA US HOSPITALITY TRUST - SGXC80011726 - XZL
Announcement Details
Announcement Title
Cash Dividend/ Distribution with Choice
Date &Time of Broadcast
15-Sep-2023 17:26:46
Status
Replacement
Corporate Action Reference
SG230808DVCAFI1J
Submitted By (Co./ Ind. Name)
ARA Trust Management (USH) Pte. Ltd./Lim Kai Lun
Designation
Head of Finance
Dividend/ Distribution Number
Not Applicable
Financial Year End
30/06/2023
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.01501
Dividend/ Distribution Period
01/01/2023 TO 30/06/2023
Number of Days
181
Event Narrative
Narrative Type
Narrative Text
Additional Text
ARA US Hospitality Trust has announced a distribution of 1.501 U.S. cents per Stapled Security for the period from 1 January 2023 to 30 June 2023 comprising solely capital distribution from ARA US Hospitality Management Trust.
Taxation Conditions
Please see attached.
Additional Text
This announcement is made to attach the notice of exchange rate for computation of distribution.
Event Dates
Record Date and Time
18/08/2023 17:00:00
Ex Date
17/08/2023
Option 1-Cash Payment Details
Election Period
25/08/2023 TO 07/09/2023
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
USD 0.01501
Net Rate (Per Share)
USD 0.01501
Pay Date
27/09/2023
Gross Rate Status
Actual Rate
Currency Pair
SGD/USD
Exchange Rate
1.3629
Gross Rate in Option Currency
SGD 0.020457
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text
The exchange rate of US$1 = SG$1.3629 is as of 15 September 2023.
Option 2-Cash Payment Details
Election Period
25/08/2023 TO 07/09/2023
Default Option
No
Option Currency
United States Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
USD 0.01501
Net Rate (Per Share)
USD 0.01501
Pay Date
27/09/2023
Gross Rate Status
Actual Rate
Attachments
ARA H Trust_Notice of Distribution Record Date_1H2023.pdf
ARA H Trust_Notice of Forex Announcement.pdf
Total size =555K
Related Announcements
Related Announcements
08/08/2023 07:22:59
Applicable for REITs/ Business Trusts/ Stapled Securities