REPL::Cash Dividend/ Distribution::Choice
Issuer & Securities
Issuer/ Manager
ARA TRUST MANAGEMENT (USH) PTE. LTD.
Security
ARA US HOSPITALITY TRUST - SGXC80011726 - XZL
Announcement Details
Announcement Title
Cash Dividend/ Distribution with Choice
Date &Time of Broadcast
20-Mar-2024 17:35:25
Status
Replacement
Corporate Action Reference
SG240222DVCAGLKE
Submitted By (Co./ Ind. Name)
ARA Trust Management (USH) Pte. Ltd./Lim Kai Lun
Designation
Head of Finance
Dividend/ Distribution Number
Not Applicable
Financial Year End
31/12/2023
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.01929
Dividend/ Distribution Period
01/07/2023 TO 31/12/2023
Number of Days
184
Event Narrative
Narrative Type
Narrative Text
Additional Text
ARA US Hospitality Trust has announced a distribution of 1.929 U.S. cents per Stapled Security for the period from 1 July 2023 to 31 December 2023 comprising solely tax-exempt income distribution from ARA US Hospitality Management Trust.
Taxation Conditions
Please see attached.
Additional Text
This announcement is made to attach the notice on exchange rate for computation of distribution.
Event Dates
Record Date
01/03/2024
Ex Date
29/02/2024
Option 1-Cash Payment Details
Election Period
07/03/2024 TO 18/03/2024
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.01929
Net Rate (Per Share)
USD 0.01929
Pay Date
28/03/2024
Gross Rate Status
Actual Rate
Currency Pair
SGD/USD
Exchange Rate
1.341
Gross Rate in Option Currency
SGD 0.025868
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text
The exchange rate of US$1 = S$1.3410 is as of 20 March 2024.
Option 2-Cash Payment Details
Election Period
07/03/2024 TO 18/03/2024
Default Option
No
Option Currency
United States Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.01929
Net Rate (Per Share)
USD 0.01929
Pay Date
28/03/2024
Gross Rate Status
Actual Rate
Attachments
ARA H-Trust Notice of Distribution Record Date 2H2023.pdf
ARA H Trust_Notice of Forex Announcement.pdf
Total size =266K
Related Announcements
Related Announcements
22/02/2024 07:24:11
Applicable for REITs/ Business Trusts/ Stapled Securities