Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
BHG RETAIL TRUST MANAGEMENT PTE. LTD.
Security
BHG RETAIL REIT - SG1CD7000009 - BMGU

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
08-Aug-2023 17:50:31
Status
New
Corporate Action Reference
SG230808DVOPWW4P
Submitted By (Co./ Ind. Name)
Chan Iz-Lynn
Designation
Chief Executive Officer
Dividend/ Distribution Number
Applicable
Value
15
Dividend/ Distribution Type
Interim
Financial Year End
30/06/2023
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0035
Dividend/ Distribution Period
01/01/2023 TO 30/06/2023
Number of Days
181

Event Narrative

Narrative Type
Narrative Text
Additional TextBHG Retail REIT has announced a capital distribution of 0.35 Singapore cents per unit in BHG Retail REIT for the period from 1 January 2023 to 30 June 2023 ("the Distribution").

Please see attached for details.
Additional TextBHG Retail Trust Management Pte. Ltd., as manager of BHG Retail REIT (the "Manager"), has determined that the Distribution Reinvestment Plan ("DRP") will apply to the Distribution.

Please see attached for details.
Additional TextThe Manager will announce further details on the application of the DRP to the Distribution, including the issue price of new Units, in due course.
Additional TextThe capital distribution represents a return of capital to Unitholders for Singapore income tax purpose and is therefore not subject to Singapore income tax.

Event Dates

Record Date and Time
17/08/2023 17:00:00
Ex Date
16/08/2023

Cash Payment Details

Election Period
28/08/2023 TO 11/09/2023
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Gross
Taxable
No
Gross Rate (Per Share)
SGD 0.0035
Net Rate (Per Share)
SGD 0.0035
Pay Date
28/09/2023
Gross Rate Status
Actual Rate

Security Option Details

Election Period
28/08/2023 TO 11/09/2023
New Security ISIN
SG1CD7000009
New Security Name
BHG RETAIL REIT
Security Not Found
No
Fractional Disposition Method
Round down fraction to last full unit
Security Credit Date
28/09/2023

Attachments

BHG REIT - Notice of BCD and Application of DRP to the Distribution.pdf
Total size =747K

Related Announcements

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Applicable for REITs/ Business Trusts/ Stapled Securities