REPL::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
23-Aug-2022 18:13:18
Status
Replacement
Corporate Action Reference
SG220812DVOPL8QV
Submitted By (Co./ Ind. Name)
Chan Iz-Lynn
Designation
Chief Executive Officer
Dividend/ Distribution Number
Applicable
Value
13
Financial Year End
31/12/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.0076
Dividend/ Distribution Period
01/01/2022 TO 30/06/2022
Number of Days
181

Event Narrative

Narrative Type
Narrative Text
Additional TextFurther to the announcement dated 12 August 2022 in relation to the application of a DRP to the distribution of 0.76 Singapore cents per unit in BHG REIT for the distribution period from 1 January 2022 to 30 June 2022 (" Distribution"), the issue price of the new Units to be issued under the DRP in respect of the Distribution is S$0.5070 per Unit.
Additional TextPlease see attached for details.
Additional TextUnitholders who wish to participate in the DRP will have to complete the Notices of Election and send them to the processing agent of BHG REIT, The Central Depository (Pte) Limited at the address(s) indicated on the Notices of Election, such that they are received by 5.30 p.m. on Tuesday, 13 September 2022.
Additional TextUnitholders who wish to receive their Distribution in cash need not take any action.
Taxation ConditionsThe 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
22/08/2022 17:00:00
Ex Date
19/08/2022

Cash Payment Details

Election Period
31/08/2022 TO 13/09/2022
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Payment Rate in Gross
Taxable
No
Gross Rate (Per Share)
SGD 0.0076
Net Rate (Per Share)
SGD 0.0076
Pay Date
28/09/2022
Gross Rate Status
Actual Rate

Security Option Details

Election Period
31/08/2022 TO 13/09/2022
New Security ISIN
SG1CD7000009
New Security Name
BHG RETAIL REIT
Security Not Found
No
Fractional Disposition Method
Round down fraction to last full unit
Issue/ Reinvestment Price
SGD 0.507
Security Credit Date
28/09/2022

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities