Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
ASCENDAS FUNDS MANAGEMENT (S) LIMITED
Security
ASCENDAS REAL ESTATE INV TRUST - SG1M77906915 - A17U

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
02-Aug-2022 17:30:11
Status
New
Corporate Action Reference
SG220802DVCA3WHK
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.00372
Dividend/ Distribution Period
01/01/2022 TO 30/06/2022
Number of Days
181

Event Narrative

Narrative Type
Narrative Text
Additional TextAscendas Reit's distribution of 7.873 cents per Unit in Ascendas Reit stock counter for the period 1 January 2022 to 30 June 2022 comprising:

(1) taxable income distribution of 5.772 cents per Unit;
(2) tax-exempt income distribution of 0.372 cents per Unit; and
(3) capital distribution of 1.729 cents per Unit.
Taxation ConditionsThe Tax-Exempt Income Distribution is exempt from tax in the hands of all Unitholders, regardless of their nationality, corporate identity or tax residence status. Unitholders are not entitled to tax credits for any taxes paid by the trustee of Ascendas Reit on the income of Ascendas Reit against their Singapore income tax liability.
Additional TextPlease refer to the attachment for details.

Event Dates

Record Date and Time
11/08/2022 17:00:00
Ex Date
10/08/2022

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.00372
Net Rate (Per Share)
SGD 0.00372
Pay Date
05/09/2022
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities