Cash Dividend/ Distribution::Choice

Issuer & Securities

Issuer/ Manager
MANULIFE US REAL ESTATE MANAGEMENT PTE. LTD.
Security
MANULIFE US REIT - SG1CI1000004 - BTOU

Announcement Details

Announcement Title
Cash Dividend/ Distribution with Choice
Date &Time of Broadcast
09-Feb-2022 06:50:51
Status
New
Corporate Action Reference
SG220209DVCAFGI6
Submitted By (Co./ Ind. Name)
Tan Ling Ling
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
14
Dividend/ Distribution Type
Final
Financial Year End
31/12/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.0027
Dividend/ Distribution Period
09/12/2021 TO 31/12/2021
Number of Days
23

Event Narrative

Narrative Type
Narrative Text
Additional TextManulife US REIT has announced the distribution of USD 0.32 cents per Unit for the period from 9 December 2021 to 31 December 2021 which comprises two components:
(a) distribution out of tax-exempt income of USD 0.27 cent; and
(b) distribution out of capital of USD 0.05 cent.

Please refer to the attached for details
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 will be subject to 30% withholding taxes on the Distribution. The U.S. tax forms are required to be reviewed and validated by the appointed processing agent by Wednesday, 9 March 2022.
Taxation ConditionsTo ensure the forms can be validated by Wednesday, 9 March 2022, Unitholders are reminded to submit the completed tax forms to Manulife US REIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte Ltd by Wednesday, 2 March 2022.

Event Dates

Record Date and Time
17/02/2022 17:00:00
Ex Date
16/02/2022

Option 1-Cash Payment Details

Election Period
21/02/2022 TO 02/03/2022
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.0027
Net Rate (Per Share)
USD 0.0027
Pay Date
30/03/2022
Gross Rate Status
Actual Rate
Currency Pair
SGD/USD

Option 2-Cash Payment Details

Election Period
21/02/2022 TO 02/03/2022
Default Option
No
Option Currency
United States Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.0027
Net Rate (Per Share)
USD 0.0027
Pay Date
30/03/2022
Gross Rate Status
Actual Rate

Attachments

Related Announcements

Related Announcements

25/03/2022 17:28:49

Applicable for REITs/ Business Trusts/ Stapled Securities