Capital Distribution::Mandatory

Issuer & Securities

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

Announcement Details

Announcement Title
Capital Distribution
Date &Time of Broadcast
08-Feb-2022 17:17:11
Status
New
Corporate Action Reference
SG220208CAPDUYM3
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Period
01/07/2021 TO 31/12/2021
Number of Days
184

Event Narrative

Narrative Type
Narrative Text
Additional TextAscendas Reit s distribution of 7.598 cents per Unit in Ascendas Reit stock counter for the period from 1 July 2021 to 31 December 2021 comprising:

(1) taxable income distribution of 5.499 cents per Unit;
(2) tax-exempt income distribution of 0.188 cents per Unit; and
(3) capital distribution of 1.911 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 attachment for details.

Event Dates

Record Date and Time
16/02/2022 17:00:00
Ex Date
15/02/2022

Disbursement Details

Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (per share)
SGD 0.01911
Net Rate (per share)
SGD 0.01911
Pay Date
11/03/2022
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities