REPL::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
EC WORLD ASSET MANAGEMENT PTE LTD
Security
EC WORLD REIT - SG1DA7000003 - BWCU

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
27-Sep-2023 18:57:04
Status
Replacement
Corporate Action Reference
SG230811DVCAIJDO
Submitted By (Co./ Ind. Name)
Goh Toh Sim
Designation
Executive Director & CEO
Dividend/ Distribution Number
Not Applicable
Financial Year End
31/12/2023
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.02053
Dividend/ Distribution Period
01/01/2023 TO 30/06/2023
Number of Days
181

Event Narrative

Narrative Type
Narrative Text
Additional TextEC World REIT has announced a distribution of 2.053 cents (SGD) per unit for the period from 1 January 2023 to 30 June 2023 (the "Distribution").
Taxation ConditionsThe Distribution is a tax-exempt income distribution which is exempt from Singapore income tax in the hands of all Unitholders.
Additional TextThis announcement serves to inform Unitholders that due to insufficient funds at this juncture,
EC World REIT will not be able to make the Distribution to Unitholders on 28 September 2023 and
that the payment of the Distribution will instead be deferred to a future date when EC World REIT
has sufficient free cash for the Distribution.
Additional TextPlease refer to attached.

Event Dates

Record Date and Time
14/09/2023 17:00:00
Ex Date
13/09/2023

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.02053
Net Rate (Per Share)
SGD 0.02053
Pay Date
28/09/2023
Gross Rate Status
Actual Rate

Attachments

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11/08/2023 19:58:29

Applicable for REITs/ Business Trusts/ Stapled Securities