Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
ELITE COMMERCIAL REIT MANAGEMENT PTE. LTD.
Security
ELITE COMMERCIAL REIT - SGXC59097235 - MXNU

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
05-Aug-2022 08:03:14
Status
New
Corporate Action Reference
SG220805DVOP7TJ9
Submitted By (Co./ Ind. Name)
Shaldine Wang
Designation
CEO
Dividend/ Distribution Number
Applicable
Value
6
Financial Year End
31/12/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit)
GBP 0.0256
Dividend/ Distribution Period
01/01/2022 TO 30/06/2022
Number of Days
181

Event Narrative

Narrative Type
Narrative Text
Additional TextElite Commercial REIT has announced a distribution of 2.56 pence per unit for the period from 1 January 2022 to 30 June 2022.
Taxation ConditionsThe Distribution will be out of tax-exempt income and therefore exempt from Singapore income tax in the hands of all Unitholders.
Additional TextPlease refer to the attached.

Event Dates

Record Date and Time
16/08/2022 17:00:00
Ex Date
15/08/2022

Option 1-Cash Payment Details

Election Period
26/08/2022 TO 09/09/2022
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
GBP 0.0256
Net Rate (Per Share)
GBP 0.0256
Pay Date
22/09/2022
Gross Rate Status
Actual Rate
Currency Pair
SGD/GBP

Option 2-Cash Payment Details

Election Period
26/08/2022 TO 09/09/2022
Default Option
No
Option Currency
United Kingdom Pound
Payment Type
Tax Exempted
Gross Rate (Per Share)
GBP 0.0256
Net Rate (Per Share)
GBP 0.0256
Pay Date
22/09/2022
Gross Rate Status
Actual Rate

Security Option Details

Election Period
26/08/2022 TO 09/09/2022
New Security ISIN
SGXC59097235
New Security Name
ELITE COMMERCIAL REIT
Security Not Found
No
Fractional Disposition Method
Round down fraction to last full unit

Attachments

Elite Commercial REIT-Notice of Record Announcement_Application of DRP.pdf
Total size =123K

Related Announcements

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Applicable for REITs/ Business Trusts/ Stapled Securities