Cash Dividend/ Distribution::Choice

Issuer & Securities

Issuer/ Manager
PRIME US REIT MANAGEMENT PTE. LTD.
Security
PRIME US REIT - SGXC75818630 - OXMU

Announcement Details

Announcement Title
Cash Dividend/ Distribution with Choice
Date &Time of Broadcast
13-Aug-2024 17:45:42
Status
New
Corporate Action Reference
SG240813DVCAGHM4
Submitted By (Co./ Ind. Name)
LUN CHEE LEONG
Designation
COMPANY SECRETARY
Dividend/ Distribution Number
Applicable
Value
10
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2024
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.0018
Dividend/ Distribution Period
01/01/2024 TO 30/06/2024
Number of Days
182

Event Narrative

Narrative Type
Narrative Text
Additional TextPrime US REIT is pleased to announce the distribution out of tax-exempt income of US 0.18 cents per unit for the period from 1 January 2024 to 30 June 2024.
Taxation ConditionsThe tax-exempt income component is exempt from tax in the hands of all Unitholders. No tax will be deducted at source from this component.
Taxation ConditionsUnitholders who do not submit required U.S. tax forms completely and accurately by Friday, 6 September 2024, will be subject to withholding tax of 31.78% on the distribution.

Event Dates

Record Date
21/08/2024
Ex Date
20/08/2024

Option 1-Cash Payment Details

Election Period
27/08/2024 TO 06/09/2024
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.0018
Net Rate (Per Share)
USD 0.0018
Pay Date
30/09/2024
Gross Rate Status
Actual Rate
Currency Pair
SGD/USD

Option 2-Cash Payment Details

Election Period
27/08/2024 TO 06/09/2024
Default Option
No
Option Currency
United States Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.0018
Net Rate (Per Share)
USD 0.0018
Pay Date
30/09/2024
Gross Rate Status
Actual Rate

Attachments

Notice of Record Date Announcement 1H2024.pdf
Total size =127K

Applicable for REITs/ Business Trusts/ Stapled Securities