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
25-Apr-2017 17:24:43
Status
New
Corporate Action Reference
SG170425DVCAWLPO
Submitted By (Co./ Ind. Name)
Mary Judith de Souza
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
54
Financial Year End
31/03/2017
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.00027
Dividend/ Distribution Period
16/02/2017 TO 31/03/2017
Number of Days
44

Event Narrative

Narrative Type
Narrative Text
Additional TextAscendas Reit's distribution of 1.959 cents per Unit in Ascendas Reit stock counter for the period from 16 February 2017 to 31 March 2017 comprising:-
(1) taxable income distribution of 1.818 cents per Unit;
(2) tax-exempt income distribution of 0.027 cents per Unit; and
(3) capital distribution of 0.114 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 attached announcement for details.

Event Dates

Record Date and Time
04/05/2017 17:00:00
Ex Date
02/05/2017

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.00027
Net Rate (Per Share)
SGD 0.00027
Pay Date
01/06/2017
Gross Rate Status
Actual Rate

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities