General Announcement::Change in distribution policy

Issuer & Securities

Issuer/ Manager
UOB ASSET MANAGEMENT LTD
Securities
UOB APAC GREEN REIT ETF - SGXC32426998 - GRE
UOB APAC GREEN REIT ETF - SGXC32426998 - GRN
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-Oct-2022 08:02:54
Status
New
Announcement Sub Title
Change in distribution policy
Announcement Reference
SG221020OTHRQCWF
Submitted By (Co./ Ind. Name)
Joseph Koh Kok Beng
Designation
Senior Director
Effective Date and Time of the event
21/11/2022 00:00:00
Description (Please provide a detailed description of the event in the box below)
From the Effective Date, the distribution policy is to make semi-annual distributions in June and December each year of up to 4% per annum (or such other frequency or percentage as UOBAM may from time to time determine) of the initial issue price of the SGD Class Units or of the NAV per unit of the SGD Class Units as at such date as UOBAM may from time to time determine.

As such, from 2023 onwards, semi-annual distributions (instead of quarterly distributions) will be made to investors in June and December of each year.

Attachments

Announcement_20 Oct 2022.pdf
Total size =143K