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
23-Mar-2022 20:08:58
Status
Replacement
Corporate Action Reference
SG220224DVCAVARR
Submitted By (Co./ Ind. Name)
ARA Trust Management (USH) Pte. Ltd./Ling Hong Liang
Designation
Finance Director
Dividend/ Distribution Number
Not Applicable
Financial Year End
31/12/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.00355
Dividend/ Distribution Period
01/07/2021 TO 31/12/2021
Number of Days
184

Event Narrative

Narrative Type
Narrative Text
Additional TextARA US Hospitality Trust has announced a distribution of 0.355 U.S. cents per Stapled Security for the period from 1 July 2021 to 31 December 2021 comprising solely tax-exempt income distribution from ARA US Hospitality Management Trust.
Taxation ConditionsPlease see attached.
Additional TextThis replacement announcement is made to disclose the multiple currency payment options and supersedes the cash dividend announcement made on 23 February 2022.
Additional TextThis announcement is made to attach distribution currency election notice.
Additional TextThis announcement is made to attach notice on exchange rate for computation of distribution.

Event Dates

Record Date and Time
03/03/2022 17:00:00
Ex Date
02/03/2022

Option 1-Cash Payment Details

Election Period
07/03/2022 TO 21/03/2022
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.00355
Net Rate (Per Share)
USD 0.00355
Pay Date
30/03/2022
Gross Rate Status
Actual Rate
Currency Pair
SGD/USD
Exchange Rate
1.358
Gross Rate in Option Currency
SGD 0.004821
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional TextThe exchange rate of US$1.0 = S$1.3580 is as of 23 March 2022.

Option 2-Cash Payment Details

Election Period
07/03/2022 TO 21/03/2022
Default Option
No
Option Currency
United States Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.00355
Net Rate (Per Share)
USD 0.00355
Pay Date
30/03/2022
Gross Rate Status
Actual Rate

Attachments

ARA H Trust_FY2021 Distribution_Currency Election Form.pdf
ARA H Trust_Notice of BCD_FY2021 24022022.pdf
ARA H Trust_Notice of Forex Announcement.pdf
Total size =354K

Related Announcements

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24/02/2022 18:15:45

Applicable for REITs/ Business Trusts/ Stapled Securities